Suzlon Q2 Results: Revenue up 48%, net profit up 96% at ₹200 million In comparison to the previous year, Suzlon Energy Ltd.’s net profit increased 96% to ₹200.20 crore in the second quarter. The July–September quarter saw a 48% increase in operating revenue. Suzlon Q2 Results On Monday, October 28, Suzlon Energy Limited released the…
Indian stock market hits mid-August lows after a 6-day Sensex fall; further declines are probably in store?Monday’s market conditions led to the Nifty closing 600 points down, the Sensex below 24,800, and the Bank Nifty 980 points lower. The benchmark domestic indices, the NSE Nifty 50 and the BSE Sensex, both finished Monday’s trading session…
Morgan Stanley downgraded Suzlon Energy shares, but raised price target due to strong order book growth and market potential. Suzlon Energy has seen a 217% rally in the last year, outperforming the Nifty 50 by 31%. Morgan Stanley downgraded the stock to ‘equalweight’, but raised its price target to Rs 88 per share, indicating an…
