Chart of Sterling & Wilson Renewable
Crossing all its hurdles. Last hurdle now almost 100 points away. Continuously outperforming and can prove to be great turnaround story. In December, it successfully reduced its debt by successfully raising funds through QIP. Company was underperforming due to heavy debt and which led to default on loan installments last year which affected its order inflow as well. Now in the con-call the management has stated that in Q4 they will be able to catch up the revenue loss in the Q3 and whatever anticipated earlier to be complied with.
Tailwinds are visible in the sector for longer period of time.
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