Mangal will also cease to be the senior management personal (SMP) of the firm from the date same date as well. Suzlon Energy is engaged in the business of design, development, manufacturing and supply of wind turbine generators (WTGs). Suzlon Energy (SEL) is India's largest renewable energy solutions provider with presence in 17 countries across six continents. The company reported 95.72% surge in consolidated net profit to Rs 200.20 core on 47.68% rise in revenue from operations to Rs 2,092.99 crore in Q2 FY25 over Q2 FY24. Shares of Suzlon Energy tumbled 6.49% to Rs 62.50 on Friday, 8 November 2024.Powered by Capital Market - Live

Net profit of Suzlon Energy rose 95.72% to Rs 200.20 crore in the quarter ended September 2024 as against Rs 102.29 crore during the previous quarter ended September 2023. Sales rose 47.68% to Rs 2092.99 crore in the quarter ended September 2024 as against Rs 1417.21 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales2092.991417.21 48 OPM %14.0615.88 - PBDT256.00188.60 36 PBT201.58137.43 47 NP200.20102.29 96 Powered by Capital Market - Live

Suzlon Energy will hold a meeting of the Board of Directors of the Company on 28 October 2024.Powered by Capital Market - Live

Suzlon Group has won a significant 400 MW order from JSP Green Wind 1 (a SPV  of  Jindal  Renewables  Power). With this new win,  Suzlon'fs cumulative order book now stands at nearly 5.4 GW. Suzlon  will  supply  127  state']of']the']art wind  turbine  generators  (WTGs) with Hybrid  Lattice Tubular  (HLT) towers, each having a rated capacity of 3.15 MW in the Koppal region of Karnataka. The power  generated will be used for captive consumption in Steel Plants in Chhattisgarh and Odisha, boosting their  operational sustainability while advancing India's green energy goals.Powered by Capital Market - Live

Suzlon Energy announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 10 October 2024 .Powered by Capital Market - Live

Suzlon Energy has allotted 47,28,750 equity shares under ESOP on 13 September 2024. With this allotment, the paid up equity share capital has increased to Rs.2729,04,61,642/- dividend into 1364,52,30,821 fully paid-up equity shares having a face value of Rs.2 each. Powered by Capital Market - Live

The domestic equity benchmarks traded near the flatline with some positive bias in early afternoon trade. The Nifty traded tad above the 24,850 mark after hitting the day's low of 24,753.15 in early trade. FMCG shares advanced after declining in the two consecutive trading sessions. At 12:30 IST, the barometer index, the S&P BSE Sensex added 38.23 points or 0.06% to 81,244.03. The Nifty 50 index rose 1.50 points or 0.01% to 24,853.65. The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index fell 0.93% and the S&P BSE Small-Cap index declined 1.20%. The market breadth was weak. On the BSE, 1,383 shares rose and 2,514 shares fell. A total of 153 shares were unchanged. Derivatives: The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, slipped 2.67% to 14.81. The Nifty 26 September 2024 futures were trading at 24,896, at a premium of 42.95 points as compared with the spot at 24,853.65. The Nifty option chain for the 26 September 2024 expiry showed maximum Call OI of 58.3 lakh contracts at the 25,000 strike price. Maximum Put OI of 93.4 lakh contracts were seen at 25,000 strike price. Buzzing Index: The Nifty FMCG index added 1.25% to 63,962.65. The index shed 0.41% in the two consecutive trading sessions. United Breweries (up 2.69%), United Spirits (up 2.07%), Dabur India (up 1.82%), Hindustan Unilever (up 1.66%) and Britannia Industries (up 1.22%), Marico (up 1.16%), Tata Consumer Products (up 1.07%), Godrej Consumer Products (up 1.04%), ITC (up 0.97%) and Colgate-Palmolive (India) (up 0.58%) edged higher. On the other hand, Balrampur Chini Mills (down 1.21%), Radico Khaitan (down 0.95%) and Nestle India (down 0.09%) edged lower. Stocks in Spotlight : Suzlon Energy rose 0.40%. The company announced that it has bagged India's largest wind energy order of 1166 MW from NTPC Green Energy (NGEL), the renewables arm of NTPC. The company will install a total of 370 wind turbine generators (WTGs) of S144 equipped with a hybrid lattice tubular (HLT) tower and a rated capacity of 3.15 MW each at two projects of NTPC Renewable Energy (a wholly owned subsidiary of NGEL) and one project of IndianOil NTPC Green Energy (a group company of NGEL) in the state of Gujarat. Bajaj Finserv fell 0.40%. The company's subsidiary, Bajaj Allianz General Insurance Company's gross direct premium underwritten for August 2024 was at Rs 1,736.23 crore, recording a growth of 3.48% year on year. Bajaj Allianz Life Insurance Company's total premium aggregated to Rs 952.52 crore for the month of August 2024, up 2.82% as against Rs 926.41 crore recorded in the same period a year ago.Powered by Capital Market - Live

Suzlon will install a total of 370 wind turbine generators (WTGs) of S144 equipped with a hybrid lattice tubular (HLT) tower and a rated capacity of 3.15 MW each at two projects of NTPC Renewable Energy (a wholly owned subsidiary of NGEL) and one project of IndianOil NTPC Green Energy (a group company of NGEL) in the state of Gujarat. This win takes Suzlon's largest‐ever cumulative order book close to 5 GW as of 03 September 2024. Girish Tanti, vice chairman, Suzlon Group, said: 'We are delighted to partner with NTPC Green Energy Limited, the renewables arm of India largest utility NTPC Limited, in our capacity as the nation's premier Wind Energy OEM. This project will emerge as the largest wind energy initiative by a PSU in Gujarat, cementing the state's leadership in renewable energy.' Suzlon Energy is engaged in the business of design, development, manufacturing and supply of wind turbine generators (WTGs). Suzlon Energy (SEL) is India's largest renewable energy solutions provider with presence in 17 countries across six continents. The company reported consolidated net profit of Rs 302.29 crore in Q1 FY25, steeply higher than Rs 100.90 crore posted in Q1 FY24. Revenue from operations climbed 49.60% year on year (YoY) to Rs 2,015.98 crore in the quarter ended 30 June 2024. Powered by Capital Market - Live

Suzlon Group announced bagging India'fs largest wind energy order from NTPC Green Energy (the renewables arm of India'fs largest energy conglomerate NTPC) for 1166 MW. Suzlon will install a total of 370 wind turbine generators (WTGs) of S144 equipped with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3.15 MW each at two projects of NTPC Renewable Energy (a wholly owned subsidiary of NGEL) and one project of IndianOil NTPC Green Energy (A group company of NGEL) in the state of Gujarat. This win takes Suzlon'fs largest']ever cumulative order book close to 5 GW as of 03 September 2024. As part of the agreement, Suzlon will supply the wind turbines (equipment supply) and execute the project, including erection and commissioning, in Gujarat as well as undertake operations and maintenance services post']commissioning.Powered by Capital Market - Live

Suzlon Energy has today completed the acquisition of 51% of the equity share capital of Renom. With the said acquisition, Renom has now become a subsidiary of the Company. Powered by Capital Market - Live