Tag: Suzlon

Suzlon Energy shares under pressure post Q4 results; brokerages raise target price to Rs 54

 stock analyst  05/27/2024  0 Comments on Suzlon Energy shares under pressure post Q4 results; brokerages raise target price to Rs 54

Suzlon Energy shares dipped 2% to Rs 45 after a 21% decline in Q4 net profit to Rs 254 crore. The consolidated net profit for 2023-24 fell to Rs 660 crore while total income rose to Rs 2,207.43 crore. Analysts from ICICI Securities and JM Financial are bullish on the stock.

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Suzlon shares shed 5% after reporting a 20% decline in Q4 profit

 stock analyst  05/24/2024  0 Comments on Suzlon shares shed 5% after reporting a 20% decline in Q4 profit

Suzlon Energy shares dropped 5% to Rs 45.84 on BSE after Q4 profit declined 20% to Rs 254.12 crore. Revenue rises 29% YoY to Rs 2,179.20 crore.

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Suzlon Energy shares hit 5% upper circuit amid block deal

 stock analyst  05/22/2024  0 Comments on Suzlon Energy shares hit 5% upper circuit amid block deal

Suzlon Energy\’s shares surged by 5% to hit the upper circuit at Rs 46.2 on the BSE on Wednesday following reports of a block deal on the counter. Around 33.9 lakh shares of Suzlon Energy were traded in the block deal, with the identities of buyers and sellers undisclosed.

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Suzlon Energy to get $14 million FII boost from MSCI rejig after 386% returns in one year

 stock analyst  05/15/2024  0 Comments on Suzlon Energy to get $14 million FII boost from MSCI rejig after 386% returns in one year

Suzlon Energy\’s shares are poised to receive a $14 million boost from passive inflows due to increased weightage in the MSCI global standard index, as per Nuvama report.

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