Why Did Suzlon Energy Shares Crash 10% in Today's Trading Session?
India, Oct. 30 -- The shares of the Mid-cap company, which specializes in providing end-to-end renewable energy solutions, with a primary focus on wind energy, are in the spotlight as they have declined 10 percent in the day's trade following its Q2 Results.
With a market capitalization of Rs. 46,532.15 crores in the day's trade, the shares of Suzlon Energy Ltddeclined by 9.7 percent, reaching a low of Rs. 33.21 per share compared to its previous closing price of Rs. 36.79 per share.
Q2 Results
Revenue from Operations increased by 26 percent YoY, from Rs. 3,871 crore in Q2 FY26 to Rs. 4,876 crore in Q2 FY27. It also increased by 27.3 percent QoQ, from Rs. 3,829 crore in Q1 FY27 to Rs. 4,876 crore in Q2 FY27.
The company's Net Profit ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.