Renewable energy firm Suzlon Energy rose to a one-year high on strong Dec-quarter results.
The stock rose as much as 11.3 per cent to their highest in a year.
The company posted a consolidated net profit of Rs 270 crore ($41.01 million), compared with a loss of Rs 122 crore a year earlier.
Consolidted total revenue rose about 76 per cent, helped by higher revenue from wind turbine generator segment.
The company’s order book stood at 1,231 MW valued at Rs 7,520 crore.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.