Suzlon Energy Share Price Surges Over 13% After Q4 Profit Grows Over Four Times
.jpg?downsize=1010:568 "Suzlon Energy Share Price Surges Over 13% After Q4 Profit Grows Over Four Times")
Suzlon Energy Ltd.'s share price surged 13.57% after its fourth quarter net profit grew over four times.
Net profit surged by an astounding 365%, reaching Rs 1,182 crore, compared to Rs 254 crore in the previous year. This figure was well above the Bloomberg estimate of Rs 456 crore.
The company's revenue also increase of 73% year-on-year to Rs 3,790 crore in the fourth quarter, compared to Rs 2,196 crore in the previous year. But it was slightly below the Bloomberg estimate of Rs 3,842 crore.
Ebitda saw a rise of 104% to Rs 724 crore, significantly higher than the previous year's Rs 355 crore and surpassing the Bloomberg estimate of Rs 267 crore.
The Ebitda margin improved to 19.1% from 16.2%, though it fell short of the Bloomberg estimate of 21.9%.
Suzlon Energy Share Price Today
Shares of Suzlon Energy rose as much as 13.57% to Rs 74.30 apiece. They pared gains to trade 11.56% higher at Rs 72.98 apiece, as of 09:45 a.m. This compares to a flat NSE Nifty 50.
The stock has risen 60.75% in the last 12 months. Total traded volume so far in the day stood at 13 times its 30-day average. The relative strength index was at 78.
Out of eight analysts tracking the company, six maintain a 'buy' rating and two recommend a 'hold', according to Bloomberg data. The average 12-month consensus price target implies an upside of 3.1%.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.
-
Navigating Energy Crossroads: S Jaishankar's Call For Diversified Supply Chains At G20 Ministerial Meeting
As geopolitical fault lines continue to test maritime trade routes and commodity flows, Jaishankar's message remains pertinent: true economic resilience requires open markets, protected transit lines, and a genuine commitment to multilateral cooperation rather than coercion.
-
Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
-
Joining The Dots | Dark Skies, Steady Diya: Why Hope Holds This Diwali
With war, a weak rupee and foreign outflows weighing on sentiment, policymakers at the NDTV World Summit and market veterans at NDTV Profit Ignite: Diwali Edition offered the same advice: stay invested and filter out the noise.
-
The Curious Case of Equitas Small Finance Bank And A CEO Who Quit For Stock
PN Vasudevan believes persistent investor concerns over a perceived conflict of interest had become a governance overhang on Equitas Small Finance Bank's stock, even as the lender improved profitability and asset quality.
-
Talking Points This Week: AI Cash Burn, A Tiger Comeback And An India That Still Finds Its Own Path
India is not immune to higher oil or tighter global liquidity, yet its earnings base is broader, its domestic policy levers are still available.
-
Foreign Investors Own Half Of HDFC Bank and ICICI Bank. An LTCG Cut Could Matter Most Here
Foreign portfolio investors have US$115 billion parked in HDFC Bank, ICICI Bank. If the government cuts long-term capital gains tax, Jefferies says returning foreign money could land here first.
