Sterling and Wilson Renewable Energy shares fall over 6% despite return to profitability in Q3

Sterling and Wilson Renewable Energy (SW Solar) shares dropped 6.2% despite returning to profitability in Q3 FY24, posting a Rs 14.83 crore profit. Revenue surged 202% to Rs 1,842.67 crore. Leadership changes include a new interim CFO and Global CEO. Despite recent volatility, analysts maintain a 'buy' rating with a target price of Rs 822.