WNS Global sells 170,000 sq ft office in Pune, leases it back for 5 years
In one of the rare sale and leaseback transactions involving an office property in India, global business process management company WNS Global Services has sold its office spread over 170,000 sq ft in Pune and leased it back for five years.The company has sold the office spanning across five floors in Magarpatta Cybercity in Hadapsar…
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Suzlon Energy shares soar 16% in three days on strong Q3 earnings report
Shares of Suzlon Energy climbed as much as 5% on Friday to reach Rs 58.15 on the BSE, extending their rally for a third consecutive session. The stock has gained nearly 16% over the past three days, driven by the companyβs impressive third-quarter earnings report. The renewable energy firm reported a 90% year-on-year (YoY) jump…
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Suzlon Energy shares hit 5% upper circuit as Q3 profit jumps 90% YoY to Rs 387 crore
Suzlon Energy shares surged 5% in early trade to hit the upper circuit at Rs 52.76 in intraday trade on Wednesday after the company reported a 90% year-on-year (YoY) surge in net profit to Rs 386.92 crore for the quarter ended December 31, 2024. Revenue from operations also saw a sharp increase of 91% YoY,…
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Suzlon shares rise 3% after winning 302.4 MW wind project order from Jindal Renewables
Wind energy solutions provider Suzlon Energy shares rose 3% to the day’s high at Rs 67.3 on the BSE on Wednesday following the companyβs announcement of an expanded partnership with Jindal Renewables. The latest development comes after Suzlon secured a 302.4 MW wind power project order from JSP Green Wind 1 Pvt. Ltd, a subsidiary…
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Suzlon Energy shares jump over 9%. Here’s why
Shares of Suzlon Energy surged over 9% to Rs 80.47 in Wednesday’s trade on the BSE, following reports that the company is competing to secure bids for supplying wind turbines to Tata Power. According to reports, wind turbine original equipment manufacturers, including Siemens Gamesa, Senvion India, Envision Energy, and Suzlon Energy, are competing to secure…
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Suzlon Energy shares downgraded by Morgan Stanley, stock falls 2%
Global brokerage Morgan Stanley has downgraded Suzlon Energy shares from “overweight” to “equal weight.” Following this update, the shares of the wind energy solutions provider fell 2% to a day’s low of Rs 80.5. Despite the downgrade, Morgan Stanley has raised its price target for Suzlon to Rs 88 per share, up from Rs 73….
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Suzlon Energy shares hit 5% upper circuit for 3rd consecutive day, reach new 52-week high; here’s why
Shares of Suzlon Energy hit a 5% upper circuit for the third consecutive session, reaching a fresh 52-week high of Rs 86 in Wednesday’s trade on BSE. The rally was driven by positive investor sentiment following Morgan Stanley’s overweight rating on the renewable energy company. The stock saw heavy trading volumes, with nearly 13.94 crore…
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Suzlon Energy shares: Smart retail investors book profits as big boys buy
Retail investors, who are often ridiculed for buying at peak and selling in bear markets, played it smart this time. Suzlon Energy saw small investors book profits in the June quarter even as both the big boys – FIIs and mutual funds – bought. The shareholding of retail investors, who were early birds in the…
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Investor Frenzy: Block deals hit Rs 8,364 crore this week; Suzlon, FirstCry, Infosys see major action
While Nifty ended with week-on-week gains of 0.7%, it was laden with top action where over three dozen companies from large, mid and smallcap segments witnessed prominent block deals worth Rs 8,364 crore on screen, which included both buying and selling actions. In the largecap segment, 15 companies witnessed significant block deals on the screen…
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Suzlon Energy hits Rs 1 lakh crore market cap; shares surge 37% since Q1 results
Suzlon Energy’s market capitalisation surpassed Rs 1 lakh crore on Friday, following a nearly 37% surge in its stock price since the company released its June quarter results on July 22. On Friday, the stock climbed 3.3% to a new 52-week high of Rs 75.39, driven by substantial trading volumes on the NSE. Approximately 5.83…
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