Mon, May 27, 2024
Suzlon Energy's stock is down after the company saw a 21 per cent fall in its consolidated net profit in Q4 due to exceptional items. Its profit slipped to Rs 254 crore in the fourth quarter against Rs 320 crore in the corresponding period last fiscal.
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Mon, Mar 04, 2024
Wind energy stocks like Suzlon and Inox Wind saw a decline on March 4 following reports of the government contemplating reverse auctions for wind capacity power. The Ministry of New and Renewable Energy is revisiting its stance on reverse auctions due to undersubscription and higher tariff discovery in recent bids.
Thu, Feb 29, 2024
Suzlon Energy's share price fell by 3% on February 29, despite securing a 30-MW wind power project for EDF Renewables in Gujarat. Despite this setback, Suzlon remains committed to delivering clean, renewable energy solutions. CEO JP Chalasani emphasized the company's dedication to green initiatives and service excellence. The stock's performance reflects fluctuations between its 52-week high and low points.
Wed, Nov 22, 2023
Shares of Suzlon Energy have plummeted 12% in the last three trading sessions, hitting their lower circuit limit on both November 21 and November 22. This sharp decline comes after the company held its Investors' Meet on Nov 21 where it refrained from sharing any unpublished price-sensitive information.
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