{"id":103845,"date":"2023-06-07T15:11:26","date_gmt":"2023-06-07T09:41:26","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=103845"},"modified":"2023-06-07T15:11:27","modified_gmt":"2023-06-07T09:41:27","slug":"energy-stock-jumps-17-after-company-touches-20-gw-of-wind-energy-installations","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/energy-stock-jumps-17-after-company-touches-20-gw-of-wind-energy-installations\/","title":{"rendered":"Energy Stock jumps 17% after company touches 20 GW of Wind Energy installations"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1001815197\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Shares of Suzlon Energy Limited opened their trading session today at Rs 12.55 and currently trades at Rs 14.25, surging around 17 percent as compared to the previous closing price of Rs 12.20. The stock touched its 52-week high at Rs 14.40.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2218946893\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>In the last one-month period, the scrip has gained more than 65 percent ranging from Rs 8.55 to the current price levels. The company has a market capitalization of Rs 16,000 crores.&nbsp;<\/p><p>Such a sharp movement in the stock prices today is observed after the company, through a regulatory filing with the BSE, informed that the company has emerged as the first Indian Wind Energy company to reach 20 GigaWatts (GW) of worldwide installations.&nbsp;<\/p><p>It operates through 12,467 wind turbines which are been installed across 17 countries. In India, the company contributes 33 percent of the country\u2019s wind energy installations.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-3287998686\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/SUZLON\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Suzlon Energy Limited<\/a><\/strong> is engaged in the business of providing renewable energy solutions. Its product portfolio comprises solar energy solutions, turbine generators &amp; related components. The company generates a majority of its revenue from India, Canada, Europe, and the USA.\u00a0<\/p><p>The recent financial results of the company showcase a QoQ jump in operating revenues from Rs 1,449 crores in Q3FY22-23 to Rs 1,690 crores in Q4FY22-23. In congruence with the pattern above, the net profits increased from Rs 78 crores to Rs 320 crores indicating an increase of around 310 percent.&nbsp;<\/p><p>According to the latest shareholding data available for the March 2023 quarter, Promoters of the company hold a 14.5 percent stake, and Foreign Institutional Investors (FIIs) hold a 7.64 percent stake in the company.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Amit Madnani<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-2293063570\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Shares of Suzlon Energy Limited opened their trading session today at Rs 12.55 and currently trades at Rs 14.25, surging around 17 percent as compared to the previous closing price of Rs 12.20. The stock touched its 52-week high at Rs 14.40.&nbsp; In the last one-month period, the scrip has gained more than 65 percent [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":97246,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[3256,3854,6112,6985,6113,3157,3852,8372,6056,9460,9462,9459,281],"class_list":["post-103845","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-52-week-high","tag-52-week-high-stocks","tag-energy-stock","tag-energy-stock-to-buy","tag-energy-stock-to-buy-now","tag-stock-to-watch","tag-stocks-at-52-week-high","tag-stocks-that-touched-52-week-high","tag-suzlon-energy","tag-suzlon-energy-latest-news","tag-suzlon-energy-orders","tag-suzlon-energy-share-price","tag-wind-energy-in-india"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Energy Stock jumps 17% after company touches 20 GW of Wind Energy installations - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Shares of Suzlon Energy Limited opened their trading session today at Rs 12.55 and currently trades at Rs 14.25, surging around 17 percent as compared to the previous closing price of Rs 12.20. 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