Suzlon Energy Q2 Results FY 2024-25: Trading Window, Stock Movement & Growth Outlook
Suzlon Energy Q2 Results FY 2024-25: Expectation and Market Reaction Suzlon Energy Limited, leader in the renewable energy solutions space has announced that the Board of Directors would convene on 28th October 2024 to consider and approve the unaudited financial results of the company for the quarter ended 30th September 2024. The Un-audited Financial Results for Q2FY 2024-25 would be declared after trading hours.
Suzlon Energy Q2 Results FY 2024-25: Expectation and Market Reaction Suzlon Energy Limited, leader in the renewable energy solutions space has announced that the Board of Directors would convene on 28th October 2024 to consider and approve the unaudited financial results of the company for the quarter ended 30th September 2024. The Un-audited Financial Results for Q2FY 2024-25 would be declared after trading hours.
The trading window has remained closed from 1st October 2024, and has been re-opened on 31st October 2024, after 48 hours of the declaration of results of the company. SEBI has allowed the closure of the trading window in the company so that no director or employee may trade Suzlon shares till the declaration of results.
Stock Market Response & Performance
Suzlon Energy shares opened at Rs 70.81 on the BSE on Tuesday before the declaration of results. The shares look all over the place as the day’s high touched Rs 71.25 while the day’s low recorded a close at Rs 67.60 at the market close. The shares declined by 2.95% with a close at Rs 68.53 compared to the previous close of Rs 70.61.
Though the fall is minor, Suzlon has done reasonably well for the short as well as long term. The stock has soared 24.44% in three months and touched an all-time high of 67.68% in six months. Year-to-date, the stock surged 78%. In a year, Suzlon shares have risen 109.57%, and two years ago, they jumped 689.52%. More impressive figures, however, are seen for longer growth terms greater than three years, where the figure grows 957.56%, and greater than five years, where it surges by 2,685.77%.
It boasts high long-term growth; in general, the company had a pretty stable trendline of recovery and growth, which is impressive, since the company did face problems at the beginning of the decade. Suzlon is a big player in the realm of renewable energy but also part of India’s effort to increase green energy.
Q2 Expectations and Market Sentiment
As Suzlon Energy would be coming out with its Q2 FY 2024-25 quarterly earnings, the market analysts would keenly watch how it does because the company, in the past, was known to be turbulent and its stock value has been on a rebound lately. The investors would be very keenly focused on the EPS since it has witnessed movements over the period under review and it also would go into the operational performance and debt management of the three as focal points in the past.
Apart from these, Suzlon is well placed due to the benevolent government policies being provided to the renewable energy business and the ever-growing importance accorded to renewable energy solutions across the globe. Since climate change has now started to be taken seriously by one and all as a global issue, Suzlon’s wind-based offerings position the company to capture larger market shares.
Improved operational efficiency and cost management might help towards more optimistic financials for the quarter also.
Suzlon Growth and Market Position
Suzlon has indicated improvement through visionary moves, government support, and an upsurge in demand for renewable energy solutions. The multi-year performance reflects the successful rectification of many past problems, including debt restructuring and operational inefficiencies.
Among the factors driving the growth of Suzlon is its emphasis on innovation in the wind space, huge installed capacity and pipeline of projects which bodes well for it as it rides out the skyrocketing renewable energy market.
Investors are prudent, yet more so regarding the company’s debt that Suzlon has managed to cut diligently for the last couple of years. Keenly, they are interested in how it manages raw material costs as well as supply chain pressures emanating in the renewable energy sector that which it claims is globally impacted by the economic factor of inflation as well as fluctuations in commodity prices.
Trading Window Shutdown
As per the regulatory norms, Suzlon Energy has put a trading window from 1st October 2024 to 30th October 2024, whereby no trading would take place by an insider prior to declaration of results. It will open on 31st October 2024. This is just a routine exercise, especially amongst the companies whose shares are traded in the stock exchange, so that no price-sensitive unpublished information is used for any kind of unfair trading advantage.
Conclusion
All above recommendations are of the market analysts. Neither the author, nor the brokerage firm, nor Stockstoday.in will be responsible for any loss arising out of any such decision taken based upon this information. All users are cautioned to take their own expert advice prior to making any investment decision.
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