Shares of Suzlon today rose by almost 5 per cent after the company reported consolidated net profit of Rs 274.34 crore for the December quarter of the current fiscal.
The stock jumped 4.94 per cent to settle at Rs 18.05 on BSE. During the day, it soared 11 per cent to Rs 19.10.
On NSE, it rose by 4.94 per cent to close at Rs 18.05.
In volume terms, 215.64 lakh shares of the company were traded on BSE and over 11 crore shares changed hands at NSE during the day.
"The group has posted a net profit of Rs 274.34 crore for the quarter ended December 31, 2016 as compared to net loss of Rs 121.84 crore for the quarter ended December 31, 2015," Suzlon Energy had said in a BSE filing on Friday.
According to the statement, total income increased to Rs 3,336.82 crore in the October-December quarter of 2016-17 from Rs 1,898.09 crore in the same period last fiscal.
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