This 12 months Suzlon Power shares decline by 13%, know what specialists say – INA NEWS

Suzlon Power shares closed at Rs 55.90 on 5 February with a decline of 1.79 %. The corporate’s shares have seen a decline of greater than 13 % to date this 12 months. Speaking by way of earnings, throughout the third quarter of FY 2025, the consolidated internet revenue of the Renewable Power agency had a 91 % bounce.

The corporate’s revenue was Rs 388 crore within the respective interval, whereas the corporate’s revenue was Rs 203 crore in the identical interval a 12 months in the past. Throughout this era, the corporate’s operational income elevated by 91 % to Rs 2,629 crore, in comparison with Rs 1,553 crore in the identical interval final 12 months. Suzlon says that it has delivered a file supply of 447 MW within the respective quarter. The corporate’s EBITDA was Rs 500 crore within the December 2024 quarter.

In accordance with a market skilled, excessive threat traders can take into account holding this inventory. If seen in technical phrases, this inventory is exhibiting the ‘Bearish’ development within the every day chart.

Okay.Okay. Kranthi Bathini mentioned, ‘Suzlon’s outcomes of the December 2024 quarter have been higher. The corporate has seen sturdy progress in income and revenue. Excessive -risk traders can maintain this inventory from medium to quick time period interval. Regardless of the higher outcomes, this inventory is just for traders with excessive threat capability.

Ravi Singh, Senior Vice President (Retail Analysis) of Railways Broking, mentioned, ‘The inventory seems weak within the weekly chart. On going beneath the extent of Rs 55, it might probably see a decline of as much as Rs 48 within the close to future. SEBI registered analysis analyst AR Ramachandran mentioned, “Suzlon Power is a bearish on the Day by day Chart and is getting large resistance at Rs 61.” Promoters had a 13.25 % stake in Suzlon Power within the December 2024 quarter.