Page 3 - Suzlon

Suzlon gets order of 31.5 MW wind power project in Maharashtra, Karnataka

Suzlon will install 15 units of S120 - 140m wind turbine generators (WTGs) with a hybrid lattice tubular (HLT) tower and a rated capacity of 2.1 MW each in Maharashtra and Karnataka

Suzlon freezes at 5% upper limit, hits 6-year high; up 25% over QIP price

With India poised to lead decarbonization of its economy, the management said it is seeing renewed enthusiasm from India Inc. to drive this green energy transition.

Suzlon Energy tumbles 10% in 2 days post Q1FY24 results

Shares of Suzlon Energy were locked in the 55 lower circuit band for a second straight day on Wednesday after the company's net profit for Q1FY24, including exceptional loss, tumbled to Rs 101 crroe

Suzlon, Mazagon Dock: 75% of Nifty SmallCap stocks trade firm above 200-DMA

Overall trend - the Nifty Small cap index continues to remain highly robust, with an intend to reach a new historic high.

TTML, Suzlon, Paytm: 5 stocks up over 15% in May. Is it time to sell them?

The bullish trend in TTML, Suzlon, Paytm, Mazagoan Dock Shipbuilders and Torrent Power continues to remain resilient, anticipating up to 30 per cent upside.

Suzlon posts Rs 320 cr net Q4 profit, total income falls to Rs 1,699 cr

Renewable energy solution provider Suzlon on Tuesday posted a consolidated net profit of Rs 319.99 crore for the March 2023 quarter, mainly due to lower expenses. The company reported a consolidated net loss of Rs 205.52 crore in the quarter ended on March 31, 2022, a BSE filing showed. Its total income from operation dipped to Rs 1,699.96 crore in the quarter from Rs 2,478.73 crore a year ago. The total expenses of the company also declined to Rs 1,628.39 crore in the quarter from Rs 2,511.70 crore. It has also posted a consolidated net profit of Rs 2,887.29 crore for the full fiscal 2022-23. It had reported a net loss of Rs 176.55 crore in 2021-22. The company's total income in the fiscal also dipped to Rs 5,990.16 crore from Rs 6,603.97 crore in 2021-22. Girish Tanti, Vice Chairman, Suzlon Group, said, "As evident from these results, we have closed FY23 with a strong financial performance and the successful launch of our powerful 3 MW technology platform". JP Chalasani, Chief

Suzlon bags 69 MW wind energy order from Nordic Energy's Indian subsidary

Renewable energy solutions provider Suzlon has secured a 69 MW wind energy order from the Indian subsidiary of a leading Nordic Energy Company. The order is for the development of a 69 MW wind power project for the Indian subsidiary of a leading Nordic Energy Company, a Suzlon statement said. The company, however, didn't disclose the value of the order. Suzlon will install 23 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3 MW each. "At Suzlon, we take great pride that a leading Nordic Energy Company with a proven global track record in renewable energy has placed their trust in Suzlon for their first wind energy project outside of Europe," JP Chalasani, Chief Executive Officer, Suzlon Group, said. The project is located at Karnataka and is expected to be commissioned in 2024. This is the fourth order of the larger wind turbine model from the new 3 MW series - the S144 - 140m is part of the agreement wherein Suzlon Energy will sup

Suzlon gets order of 33 wind turbines from Vibrant for 99 MW energy project

The Vibrant Group said that a project of this size could provide electricity to 307,000 households and curb 292,000 tonnes of carbon emissions every year

Suzlon bags order for 39-MW wind energy project from First Energy

Renewable energy solution provider Suzlon on Thursday announced that it has bagged a 39-MW wind power project from Thermax Group company First Energy. This order is part of a 100-MW wind-solar hybrid project by First Energy 5 Pvt Ltd, a company statement said. Suzlon will install 13 wind turbine generators (WTGs) with a hybrid lattice tubular (HLT) tower and a rated capacity of 3 MW each. The project, to be located at Thalaikattupuram, Tuticorin in Tamil Nadu, is expected to be commissioned in 2024. As part of the agreement, Suzlon will supply the wind turbines (equipment supply) and supervise the project including erection and commissioning. Suzlon will also provide comprehensive operations and maintenance services post-commissioning. J P Chalasani, CEO, Suzlon Group, said in the statement, "This is our first order with the (Thermax) group and features our 3 MW series product, which is one of the largest wind turbines in India today." Ravi Damaraju, Director, First Energy, said

Suzlon rights issue subscribed 90% a day ahead of close, stock up 20%

The company is issuing 2.4 billion new shares at Rs 5 apiece; proceeds will be used pare debt, which currently stands at Rs 3,272 crore

Suzlon Energy looks to pare debt by Rs 583.5 crore after rights issue

Targets repaying remaining debt in eight years; Rs 1,200 crore opened on Tuesday

Subscription of Rs 1,200 cr rights to aid Rs 584 cr debt repayment: Suzlon

Suzlon Energy would be able to pare its debt by Rs 583.5 crore with full subscription of its Rs 1,200 crore rights issue which opened on Tuesday, the company said. "Rs 583.5 crore debt will be repaid with the assumption of full subscription of Rs 1,200 crore rights issue opened on Tuesday," Suzlon Group Chief Financial Officer Himanshu Mody said in a virtual press conference. He said the total debt of the company was Rs 3,200 crore as of June quarter 2022-23 and the company would be able to repay the remaining debt in the next eight years. Mody emphasised that the company would have much leaner, healthier and better balance sheet after the issue and there will be no decline in the promoters' holding after the issue. About an earlier instance of decline in promoter holding, he said it happened due to conversion of certain bonds (debt) into equity (under the debt restructuring plan). Earlier this month, Suzlon Energy had said its promoters had reconfirmed their participation in the

Stocks to Watch: UPL, ITC, Restaurants, Multiplexes, FMCG, OMCs, Suzlon

Shares of multiplex restaurant owners are likely to be in focus on easing of Covid-19 related curbs in Maharashtra.

Top headlines: PLI scheme targets jobs; mobile apps struggle for money

The govt's ambitious target of generating 6 mn jobs from the PLI scheme will hinge on five of the 14 specified sectors.

Suzlon Energy posts net profit of Rs 37 cr in Dec quarter

Suzlon Energy has posted a consolidated net profit of Rs 37.73 crore in the December 2021 quarter mainly on account of higher revenues

Suzlon, Dish TV, Voltas: Trading strategies for volume buzzers of the day

These five stocks are buzzing in trade today on the back of a spurt in volumes. Here are the key levels you need to watch out for.

Suzlon bags order to develop 252 MW wind power project from CLP India

Suzlon Group has bagged an order from CLP India to develop a 252 MW wind power project at Sidhpur in Gujarat, a statement said

Suzlon December quarter loss narrows to Rs 118 crore on higher revenues

Total income from operations rose to Rs 959.52 crore in the quarter under review, from Rs 672.99 crore in the same period a year ago

Indiabulls Housing, Suzlon among 417 stocks that hit upper circuit limit

Suven Life Sciences hit a record high of Rs 99.95 on Wednesday, having rallied 115 per cent thus far in December.

Suzlon Energy reports Rs 670 crore net profit in September quarter

The company had recorded a consolidated net loss of over Rs 777 crore in the quarter ended on September 30, 2019, showed a BSE filing at midnight on Tuesday