Suzlon Energy trades jubilantly on reporting consolidated net profit of Rs 237.62 crore in Q2FY17

Suzlon Energy Ltd. | Electric Equipment | Capital Goods & Industrial Consumables | BSE: 532667 | NSE: SUZLON

15 Nov 2016 Evaluate

Suzlon Energy is currently trading at Rs. 15.56, up by 1.00 points or 6.87% from its previous closing of Rs. 14.56 on the BSE.

The scrip opened at Rs. 16.15 and has touched a high and low of Rs. 16.15 and Rs. 15.04 respectively. So far 10253572 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 23.25 on 05-Jan-2016 and a 52 week low of Rs. 12.47 on 09-Nov-2016.

Last one week high and low of the scrip stood at Rs. 16.15 and Rs. 12.47 respectively. The current market cap of the company is Rs. 7662.21 crore.

The promoters holding in the company stood at 20.95%, while institutions and non-institutions held 22.58% and 56.23% respectively.

Suzlon Energy has reported results for second quarter ended September 30, 2016.

The company has reported over two fold rise in its net profit after tax of Rs 267.59 crore for the quarter ended September 30, 2016 as compared to of Rs 95.79 crore for the same quarter in the previous year. The company’s total income has increased by 62.76% to Rs 2059.87 crore for the quarter under review from Rs 1265.62 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported a net profit at Rs 237.62 crore for the quarter ended September 30, 2016 as compared to net loss of Rs 201.66 crore for the same quarter in the previous year. Total Income of the company has increased by 56.40% to Rs 2769.46 crore for quarter under review from Rs 1770.71 crore for the quarter ended September 30, 2015.

Suzlon Energy Share Price

54.98 -0.67 (-1.20%)

08-May-2026 16:59 View Price Chart

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