JSP Green Wind 1, the subsidiary of Jindal Renewables, awarded a 302.4 MW wind power project to Suzlon Energy in the Koppal region of Karnataka in order to accelerate the country's green steel production. Commercial and Industrial (C there will be many more such initiatives as we continue to lead the way in adopting renewable energy solutions.' JP Chalasani, Chief Executive Officer, Suzlon Group, said, 'Initiatives like this are critical for transforming hard-to-abate sectors, such as steel, into models of sustainable growth. The integration of renewable energy into industrial operations is not just an opportunity but a necessity for a cleaner and greener future. We encourage more organisations to reimagine their operations and embrace renewable energy solutions. Partnerships like ours with Jindal Renewables set a benchmark for how industries can innovate to meet both economic and environmental goals.' 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 a presence in 17 countries across six continents. The company reported a 95.72% surge in consolidated net profit to Rs 200.20 crore on a 47.68% rise in revenue from operations to Rs 2,092.99 crore in Q2 FY25 over Q2 FY24.Powered by Capital Market - Live

Suzlon and JSP Green Wind 1, a subsidiary of Jindal Renewables, have expanded their partnership with an additional 302.4 MW wind power project in the Koppal region of Karnataka, aimed at accelerating India''s green steel production. This second order brings the total capacity from Jindal Renewables to 702.4 MW, making it Suzlon's largest'\ever commercial and industrial (C&I) order from a single customer. Last month, Suzlon secured a 400 MW captive wind power project with Jindal Renewables in the same region, highlighting the strategic collaboration between the two companies. Commercial and Industrial (C&I) customers now account for 56% of Suzlon''s total order book, which stands at a record 5.4 GW''Suzlon''s highest'\ever order book to date. Under the strategic agreement, Suzlon will supply 96 state'\of'\the'\art S144 wind turbine generators (WTGs) with Hybrid Lattice (HLT) Towers, each rated at a 3.15 MW capacity. The energy generated will be utilised for captive consumption in steel plants located in Chhattisgarh and Odisha, enhancing their operational sustainability and contributing to India's green energy transition.Powered by Capital Market - Live

Suzlon Energy has allotted 6,64,000 equity shares under ESOP on 22 November 2024. Post allotment of these shares, the paid up equity share capital has increased to 1364,73,33,696 equity shares of Rs 2 each. Powered by Capital Market - Live

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