In Short : Suzlon Energy’s shares rose nearly 3% after the company appointed Rahul Jain as its new Chief Financial Officer, effective mid-December. Investors welcomed the move, expecting stronger financial management and strategic growth in the renewable energy segment. The market optimism also reflects confidence in Suzlon’s improving performance and upcoming quarterly results. In Detail […]
Suzlon Energy Q1 Profit Rises to ₹324 Crore as Revenue Climbs 55% on Wind Sector Boost – EQ
In Short : Suzlon Energy posted a 7% YoY rise in consolidated PAT to ₹324 crore in Q1, supported by higher volumes and improved efficiencies. Revenue jumped 55% to ₹2,202 crore, driven by strong wind energy demand. The company continues to focus on debt reduction, operational excellence, and expanding its renewable energy portfolio to strengthen […]
Suzlon Energy Shares Rise 2% As Promoters Likely Offload ₹1,309 Crore Stake Via Block Deal – EQ
In Short : Suzlon Energy shares rose 2% following reports that promoters are expected to offload a ₹1,309 crore stake through a block deal. The planned sale has attracted market attention, reflecting strategic moves by the company’s major shareholders. Investors are closely watching the transaction’s impact on stock performance and Suzlon’s future capital structure. In […]
Suzlon Energy: Pioneering India’s Renewable Future with Innovation and Strategic Growth – EQ
In Short : Suzlon Energy is leading India’s renewable energy sector with robust financial performance and a record 5.7 GW order book. In FY24, it reported ₹6,497 crore revenue and ₹1,029 crore EBITDA. Key projects include wind power ventures with Jindal Renewables and NTPC. Suzlon’s innovative turbine models and strategic partnerships position it strongly for […]
Suzlon Energy Q3 result: Consolidated profit soars 91%, EBITDA surges 102% YoY – EQ
In Short : Suzlon Energy reported a 91% YoY rise in consolidated net profit to ₹203 crore for Q3 FY24, with revenue at ₹1,553 crore. EBITDA surged 102% to ₹248 crore, reflecting a 15.9% margin. The company’s strong performance highlights its growth momentum in renewable energy, reinforcing its leadership in the wind energy sector. In […]
Suzlon Energy shares jump over 9%; here is why – EQ
In Short : Suzlon Energy shares surged over 9% following positive market sentiment driven by strong quarterly results and renewed investor confidence. The company reported improved financial performance and announced plans to expand its renewable energy projects. Additionally, the growing demand for sustainable energy solutions has bolstered investor interest, positioning Suzlon as a key player […]
Suzlon Energy profit down 21 pc to Rs 254 cr in Q4 – EQ
In Short : Suzlon Energy’s profit decreased by 21% to Rs 254 crore in Q4. This decline highlights the financial challenges faced by the company during the quarter, impacting its overall profitability. In Detail : Suzlon Energy slipped 4.89% to Rs 45.89 after the company reported 9.21% decline in consolidated net profit to Rs 254.12 […]
Suzlon Energy shares in focus over merger of wholly-owned subsidiary with itself – EQ
In Short : Suzlon Energy shares are in the spotlight due to the merger of its wholly-owned subsidiary with the company itself. This strategic move aims to streamline operations, optimize resources, and potentially enhance shareholder value, drawing attention from investors and stakeholders alike. In Detail : Highlighting the need for restructuring, Suzlon Energy said that […]
Suzlon bags 642 MW wind project from ABC Cleantech – EQ
In Short : Suzlon Energy has secured a 642 MW wind project from ABC Cleantech. This contract signifies a substantial development in the renewable energy sector, highlighting Suzlon’s role in advancing wind energy projects and contributing to India’s clean energy goals. In Detail : Renewables solutions provider Suzlon Group has secured a 642 MW wind […]
Suzlon Energy shares climb 4% on bagging 100.8 MW wind power project in Gujarat – EQ
In Short : Suzlon Energy shares have surged by 4% following the company’s successful acquisition of a 100.8 MW wind power project in Gujarat. This positive market response reflects investor confidence in Suzlon’s continued growth and contribution to the renewable energy sector, particularly in the field of wind power generation in the region. In Detail […]