Suzlon Energy News

Closure of Trading Window

Update about penalty levied by Office of the Joint Director, Enforcement Directorate, Hyderabad.

Zomato will replace JSW Steel in the BSE Sensex on December 23, becoming the first new-age tech company to join the index. This move is projected to bring $513 million into Zomato. Zomato's stock has surged significantly in the past year, outperforming the Sensex. The company's improved financials and successful relaunch of Zomato Gold contributed to its growth.

The NSE Nifty index closed 247.15 points down at 23951.7

General updates on penalty

The NSE Nifty index was trading 233.05 points down at 23965.8

The NSE Nifty index closed 137.16 points down at 24198.85

Allotment of 4,32,563 equity shares pursuant to exercise of stock options under Grant I of Employee Stock Option Plan 2022.

Regulation 30(11) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

The NSE Nifty index was trading 87.3 points down at 24248.7

The NSE Nifty index closed 332.25 points down at 24336.0

The NSE Nifty index was trading 163.5 points down at 24504.75

The NSE Nifty index closed 100.05 points down at 24668.25

The NSE Nifty index was trading 130.15 points down at 24638.15

The NSE Nifty index was trading 158.96 points down at 24389.75

Suzlon share price: Suzlon Energy has achieved a significant milestone by securing its largest ever Commercial and Industrial (C&I) order from a single customer. The company will be developing a massive 400 MW captive wind power project for Jindal Renewables in Karnataka. This landmark deal underscores the growing demand for renewable energy solutions within the C&I sector and positions Suzlon Energy as a leading player in India's wind energy market.

Suzlon and Jindal Renewables expand Partneship with additional 302.4 MW Wind Project to Accelerate India''s Green Steel Production.

Regulation 30(11) of the SEBI (LODR), Regulations, 2015.

The NSE Nifty index closed 144.96 points up at 24276.05

The NSE Nifty index closed 314.66 points up at 24221.9

The NSE Nifty index was trading 415.1 points up at 24322.35

Food delivery company Zomato will replace JSW Steel in the BSE Sensex as part of the index reconstitution which becomes effective from December 23.

Allotment of 6,64,000 equity shares pusuant to exericise of stock options under Grant 1 of Employee Stock Option Plan 2022

The NSE Nifty index closed 557.35 points up at 23907.25

The NSE Nifty index was trading 205.85 points up at 23555.75

The NSE Nifty index closed 168.6 points down at 23349.9

Suzlon Energy's shares surged nearly 5% on Thursday as investors responded positively to the company's strong financial performance and ambitious growth plans. Analysts at Geojit Financial Services recommend buying Suzlon Energy stock, citing the company's recent acquisition, attractive valuations, and impressive revenue growth.

The NSE Nifty index was trading 178.05 points down at 23340.45

Suzlon Share Price: Geojit Financial Services has issued a buy call for Suzlon Energy, setting a target price of Rs 68. They project a 67% CAGR in WTG deliveries for FY24-27E, driven by anticipated growth in Indian wind installations. Geojit cites attractive valuations, recent order wins, and the acquisition of Renom Energy as key drivers for their positive outlook.

The Indian benchmark Nifty 50 ended a seven-day losing streak, driven by gains in HDFC Bank and Mahindra & Mahindra. The market saw a short-term relief rally after slipping into correction territory. Despite the rise, analysts remained cautious, highlighting potential volatility and resistance levels.

The NSE Nifty index closed 64.71 points up at 23518.5

The Nifty 50 has fallen 9.5% from its September 2024 peak, due to FII outflows and corporate earnings concerns. In response, JM Financial has identified 39 investment opportunities across large, mid, and smallcap stocks, chosen for their 15%+ correction from 52-week highs and growth potential.

Suzlon Energy shares hit a 5% upper circuit after Morgan Stanley upgraded the stock, citing strong business prospects and a 5.1GW order backlog. Q2 FY25 profit surged 96%.

The NSE Nifty index was trading 271.96 points up at 23725.75

The NSE Nifty index was trading 237.71 points up at 23691.5

The NSE Nifty index closed 78.91 points down at 23453.8

The NSE Nifty index was trading 146.41 points down at 23386.3

The NSE Nifty index closed 26.35 points down at 23532.7

Suzlon’s positive momentum is fueled by securing a major 1,166 MW wind energy order from NTPC Green Energy, boosting its order book to a record 5.1 GW. This strong order pipeline enhances Suzlon’s revenue visibility and stability, positioning the company well for sustained growth and reliable long-term earnings.

The NSE Nifty index closed 324.41 points down at 23559.05