India's Suzlon Energy hits upper circuit on robust Q3 earnings

Suzlon Energy

29/01/2025 07:34

** Shares of renewable energy company Suzlon  SUZL.NS  rise
an exchange allowed maximum of ~5% to 52.7 rupees
    ** Co's Q3 profit after tax and revenue surged 91% each on
solid demand for renewable energy sources due to India's energy
transition goals
    ** Deliveries and installations in megawatts rocket 163%
    ** Stock has jumped 24% in last 12 months
    ** Shares rated 'buy' on avg by 6 analysts; median PT at
78.50 rupees- LSEG

 (Reporting by Ananta Agarwal in Bengaluru)
 ((Ananta.Agarwal@thomsonreuters.com))