Sterling & Wilson Makes Tepid Debut, Lists At 10% Discount To Issue Price
  • WebDesk BTVI
  • Aug 20 2019

Shares of Sterling & Wilson Solar got listed at Rs 700 per share, a 10.26 per cent discount to its issue price of Rs 780. Speaking to BTVI, Khurshed Daruvala, Chairman, Sterling & Wilson, and Bikesh Ogra, Non-Executive Director and Global CEO, Sterling and Wilson Solar, said the solar unit will be debt-free by early next year. The company expects the solar business to grow at a CAGR of 20 per cent for the next 5-7 years. Here's more.