Earlier this month, the corporate knowledgeable the inventory exchanges by way of an change submitting that it will declare its outcomes for the three and 9 months ended December 2024 on January 28.
“Pursuant to Regulation 29 of the Securities and Alternate Board of India (Itemizing Obligations and Disclosure Necessities) Rules, 2015, that is to tell {that a} assembly of the Board of Administrators of the Firm shall be held on Tuesday, twenty eighth January 2025, to, inter alia, take into account and approve the unaudited monetary outcomes of the corporate on a standalone and consolidated foundation for the quarter and 9 months ended thirty first December 2024,” the corporate had mentioned in its submitting.
Suzlon Vitality Q2 Outcomes
Suzlon Vitality reported a 96% year-on-year (YoY) soar in its September quarter consolidated internet revenue, reaching Rs 201 crore in comparison with Rs 102 crore in the identical interval final 12 months. The corporate’s income from operations throughout the quarter stood at Rs 2,093 crore, up 48% from Rs 1,417 crore reported within the corresponding quarter of the earlier monetary 12 months.
The corporate’s earnings earlier than curiosity, taxes, depreciation, and amortization (EBITDA) for the quarter have been Rs 294 crore, in comparison with Rs 225 crore within the year-ago interval, reflecting a 31% YoY enhance.
Additionally learn: Kaynes Know-how shares slumps 19% after administration slashes FY25 income steering put up Q3 outcomes
Suzlon Vitality Share Value Goal
In line with analyst suggestions on Trendlyne, Suzlon Vitality shares have a consensus ranking of ‘purchase’ primarily based on evaluations from seven analysts. Of those, 4 analysts have given a ‘robust purchase’ ranking, one has really useful a ‘purchase,’ and two have recommended a ‘maintain.’
Suzlon Vitality Share Value Historical past
Over the previous 12 months, Suzlon Vitality’s inventory has gained 12.89%. Nonetheless, it has skilled declines in shorter timeframes, together with a 16.45% drop during the last week, 15.98% over the previous two weeks, and 24.10% over the previous month. The three-month efficiency is down by 32.25%, with a six-month decline of twenty-two.47%. 12 months-to-date (YTD) efficiency reveals a lower of 26.54%.
(Disclaimer: Suggestions, options, views and opinions given by the specialists are their very own. These don’t symbolize the views of The Financial Occasions)
