Promoter family likely offloads 1.45% stake in Suzlon Energy via block deal, stock rises 2%
The promoters of Suzlon Energy, Tanti Family and Trust, likely offloaded a 1.45% stake in the company on Monday via a block deal, in which 8.86 crore shares reportedly changed hands. Following the transaction, the stock opened 2.2% higher and hit an intraday high of Rs 68.20 on BSE. According to earlier reports, the Tanti…
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High Voltage Bets: Suzlon and JSW Energy poised for strong FY26 performance
India’s power utilities sector remains well-positioned for long-term growth, backed by robust renewable energy (RE) additions, resilient coal production, and policy-driven supply-side readiness. Despite a near-term moderation in electricity demand, structural tailwinds such as energy transition, rising electrification, and economic growth are expected to support sustained sectoral momentum. Peak power demand in India reached 250GW…
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