Shares of Sterling and Wilson Renewable Energy fell sharply on Thursday, dropping 7.31% to ₹221.90 on the National Stock Exchange by 2 PM.
The decline occurred even as the company reported its highest-ever Unexecuted Order Value (UOV) of approximately ₹13,000 crore, highlighting a disconnect between fundamental growth metrics and immediate market sentiment.
Sellers dominated the session, accounting for nearly 72% of the total traded quantity.
Sellers dominated the session, accounting for nearly 72% of the total traded quantity.
Over 1.067 million shares changed hands, generating a traded value of ₹149.38 crore.
The heavy volume suggests institutional participation in the sell-off, rather than retail-driven volatility.
The move underscores the cautious stance of investors in the Indian renewable energy sector, where execution risks and margin pressures often outweigh order-book growth.