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Renewable Energy player surges 16% after bagging orders worth 70% of market capSterling & Wilson Renewable Energy has disclosed two orders from Rajasthan and Maharashtra, which has driven the stock price to its best single-day gain since July 2023.By Shloka Badkar  April 20, 2026, 11:42:21 AM IST (Updated)2 Min ReadShares of Sterling and Wilson Renewable Energy Ltd. gained nearly 16% on Monday, April 20, after the company won domestic orders worth ₹3,550 crore. The value of the orders won amounts to 70% of its overall market capitalisation, which stands at just above ₹5,000 crore.

The company said it has been declared as the lowest (L1) bidder for a Coal India tender for a turnkey EPC package to develop an 875 MW (AC) grid connected Solar PV project in Bikaner, Rajasthan.

The total value of the contract including O&M and taxes is ₹3,490 crore, the company said.

Sterling & Wilson also won an order for a 50 MW AC project in Maharashtra, India from a leading Indian private Independent Power Producer (IPP).

With these, the company's total order value of engineering, procurement and construction (EPC) order inflow in the financial year 2026 has exceeded ₹10,062 crore, Sterling & Wilson said in an exchange filing.

"We are excited to close an eventful financial year 2026 on a strong note and achieve more than ₹10,000 crore in EPC order inflows, which is significantly higher than our initial target set for the year," Chandra Kishore Thakur, the Global CEO of Sterling and Wilson Renewable Energy Group, said.

Shares of Sterling & Wilson Renewable Energy are trading 14.8% higher after the order announcement at ₹222.67 This is the fourth straight day of gains for the stock. This is also the biggest single-day gain for the stock since July 2023.

Also Read: Groww Q4 Results: Stock gains ahead of earnings; Strong trading activity may aid numbersContinue ReadingFirst Published: Apr 20, 2026 10:16 AM ISTTagsshare market todaySterling and WilsonSterling and Wilson Renewable Energy