Suzlon's Share Price Rises Over 4% Due to Exceptional Financial Performance
Tuesday, 23 July 2024, 05:33
Suzlon's Remarkable Financial Upswing
The stock of Suzlon Energy witnessed a remarkable rise of 4%, reaching Rs 57.70 following the release of its latest quarterly report.
Key Financial Highlights
- Profit After Tax (PAT) nearly tripled to Rs 302 crore.
- Revenue surged to Rs 2,016 crore.
- The company holds a record 3.8 GW order book.
- Wind energy capacity now totals 20.8 GW.
Conclusion
Suzlon's strong quarterly performance highlights its recovery trajectory and positioning within the renewable energy sector, encouraging prospects for investment in the company.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.