Earlier this month, the corporate knowledgeable the inventory exchanges through an alternate submitting that it could 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) Laws, 2015, that is to tell {that a} assembly of the Board of Administrators of the Firm can be held on Tuesday, twenty eighth January 2025, to, inter alia, think about 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 stated in its submitting.
Suzlon Vitality Q2 Outcomes
Suzlon Vitality reported a 96% year-on-year (YoY) leap 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 had been Rs 294 crore, in comparison with Rs 225 crore within the year-ago interval, reflecting a 31% YoY enhance.Additionally learn: Kaynes Expertise shares slumps 19% after administration slashes FY25 income steering publish Q3 outcomes
Suzlon Vitality Share Value Goal
In line with analyst suggestions on Trendlyne, Suzlon Vitality shares have a consensus score of ‘purchase’ based mostly on evaluations from seven analysts. Of those, 4 analysts have given a ‘robust purchase’ score, one has beneficial a ‘purchase,’ and two have prompt 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%. Yr-to-date (YTD) efficiency reveals a lower of 26.54%.(Disclaimer: Suggestions, options, views and opinions given by the consultants are their very own. These don’t characterize the views of The Financial Instances)