Suzlon shares decline 6% despite strong Q2 earnings
after close1 source ↓written by the desknot a recommendation
- following its Q2
- 6%
- YoY
- 85%
- YoY
- ₹3,870 cr
- YoY
- 145%
- YoY
- ₹720 cr
Suzlon Energy shares fell 6% following its Q2 results, despite a net profit of ₹1,278 cr, up over 6-fold YoY. Revenue surged 85% YoY to ₹3,870 cr, with EBITDA rising 145% YoY to ₹720 cr. JM Financial raised its price target but noted potential challenges in maintaining growth momentum due to execution bottlenecks. 📉
Not investment advice. For informational purposes only.