Sterling and Wilson Solar share price has rallied 3% on Thursday (12th December) after its Australian Arm executed an order worth AUD 170.60 million.

This stock has underperformed the last couple of months, falling 63% from its IPO issue price of INR 780 due to a delay in debt repayment.

Overall, the stock has underperformed since its listing in August, falling 63 percent from its issue price of Rs 780 due to delay in debt repayment by promoters. Recently, the company has raised INR 2,850 crore through the initial public offer.

On 3:59 PM, December 12, 2019, the share price was quoting INR 284.85 up INR 6.50 or up 2.34%.