India, May 29 -- This Renewable energy stock, where both the Reliance and Shapoorji Pallonji groups have a stake, is in focus after it emerged as the L1 or lowest bidder for an engineering, procurement, and construction project in Gujarat.

With a market capitalisation of Rs. 6,608 Crore, the stock of Sterling & Wilson Renewable Energy opened at Rs. 286.70, up 1.55 percent from yesterday's close, and after opening, it made a high of Rs. 288.90, up 2.33 percent. Additionally, the Yearly return for the stock is -61 percent, and the past 5-year return is 95 percent.

Order Update The company has announced that it has emerged as the L1 (lowest) bidder for a significant solar EPC project in Gujarat. The company has secured a 225 MW (AC) grid-...