Suzlon Energy Share Marathi News: About 2 million shares can be sold through a block deal at the Akshay Energy Company Suzalon Energy Limited. The sale can be made by promoters, whose targets are to raise about Rs. The average price of shares for transactions can be less than 9% less than the current market price. On Friday, June 7, the share of Suzalon Energy closed at Rs.
Under this agreement, there will be a 3-day lock-in period to sell and buy shares. This means that shares cannot be sold during this period. Motilal Oswal is a broker of this transaction. Currently, the promoters have a share of 5.5 percent in the company. It is said that Suzlon will use the funds raised by this block deal to accelerate their development plans and strengthen their financial position.
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According to BSE data, the share of Suzlon has been stronger in 5 years and 5 percent in one year. It has increased by more than 90 percent in 5 years. It has increased by 5 percent in just a month. Suzlon Energy’s Market Cap is Rs.
The stock of the stock is 5 weeks adjusted to Rs. 5, which appeared on September 7. On April 7, a adjusted low of Rs 5 was recorded. Recently, Brokerage Motilal Oswal has paid a target price of Rs 5 per share with a ‘by’ rating for Suzlon’s share. Brokerage is satisfied with the company’s March quarter results.
The company’s ebitda was 5% higher than expected. ICICI Securities also fixed a target price of Rs 5 with ‘Bye’ rating. Suzlon Energy 2 preceded to achieve the target of emissions. The Brokerage Firm JM Financial has given a purchase rating to Suzlon Energy’s share and has fixed its target price at Rs 5 per share.
March quarter results
Suzalon Energy’s net profit in the January-March 3 quarter was 90 crore. Last year, it is 5 percent higher than the 90 million profit. During this quarter, the company’s revenue increased by 9.5% year to 90.5 crore. In the March 9 quarter, Ebitada has increased from Rs 5.5 crore last year to Rs 5 crore. Ebitda margins increased from 5.5 per cent to 5.5 percent. At the same time, the total revenue of the company in the entire financial year 1-3 has increased to 90 million, which is 5% higher than last year.
