Anand Rathi is bullish on Sterling and Wilson has recommended buy rating on the stock with a target price of Rs 870 in its research report dated October 16, 2024.
Anand Rathi is bullish on Sterling and Wilson has recommended buy rating on the stock with a target price of Rs 870 in its research report dated August 29, 2024.
The business is in a tough spot right now and near-term execution challenges are unlikely to fade away soon
We remain sanguine about the long-term growth potential of the company on account of structural industry tailwinds and the strength of the new promoter group (Reliance)
SWREL is targeting ~ $1 billion (Rs 7,000-8,000 crore) of new EPC orders from its current bid pipeline
The stock has corrected more than 35 percent from its 52-week high in October 2021 and is trading at a deep discount to Reliance’s acquisition price of Rs 375 per share
Watch out, the scorching pace of growth came along with a massive expansion in debt.