Suzlon Energy Ltd. (SUZLON)

United States

opens in 2d 6h 17m

005930 186,200.00 4.37%
0700 488.60 -1.61%
2330 1,810.00 -2.43%
ASML 1,161.00 -2.24%
AZN 15,316.00 1.96%
ETH/USD 2,053.44 -0.02%
EUR/USD 1.15 0.03%
MC 471.05 -0.01%
NESN 78.66 0.34%
USD/JPY 159.58 -0.04%
XPT/USD 1,003.20 0.33%

005930 186,200.00 4.37%
0700 488.60 -1.61%
2330 1,810.00 -2.43%
ASML 1,161.00 -2.24%
AZN 15,316.00 1.96%
ETH/USD 2,053.44 -0.02%
EUR/USD 1.15 0.03%
MC 471.05 -0.01%
NESN 78.66 0.34%
USD/JPY 159.58 -0.04%
XPT/USD 1,003.20 0.33%

005930 186,200.00 4.37%
0700 488.60 -1.61%
2330 1,810.00 -2.43%
ASML 1,161.00 -2.24%
AZN 15,316.00 1.96%
ETH/USD 2,053.44 -0.02%
EUR/USD 1.15 0.03%
MC 471.05 -0.01%
NESN 78.66 0.34%
USD/JPY 159.58 -0.04%
XPT/USD 1,003.20 0.33%

005930 186,200.00 4.37%
0700 488.60 -1.61%
2330 1,810.00 -2.43%
ASML 1,161.00 -2.24%
AZN 15,316.00 1.96%
ETH/USD 2,053.44 -0.02%
EUR/USD 1.15 0.03%
MC 471.05 -0.01%
NESN 78.66 0.34%
USD/JPY 159.58 -0.04%
XPT/USD 1,003.20 0.33%

40.80000 INR

0.33

0.80%

Last update Apr 2, 3:29 PM IST

Market closed

Day range

40.80000

39.78000

Previous close

41.13000

Open

40.64000

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Suzlon Energy Ltd.

40.80

0.33

0.80%

Overview

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Description

Suzlon Energy Ltd. is a prominent player in the renewable energy sector, focusing primarily on the design, development, and manufacture of wind turbine generators. Known for its commitment to sustainable energy solutions, Suzlon provides comprehensive end-to-end services including wind resource assessment, design, supply, installation, commissioning, and lifecycle operations and maintenance. The company plays a significant role in the global transition towards renewable energy, offering its innovative wind power solutions to various sectors, from utilities to independent power producers. With its extensive experience and cutting-edge technology, Suzlon contributes to reducing the global carbon footprint by harnessing wind energy to generate clean electricity. Headquartered in India, the company has expanded its footprint globally, impacting energy markets across Asia, Australia, Europe, Africa, and North and South America. Its integrated business model aims to address the growing demand for renewable energy, aligning with international goals for sustainable development and combating climate change.

About

CEO

—

Employees

8500

Address

One Earth
Hadapsar
Pune, 411028

Phone

91 20 6702 2000

Website

suzlon.com

Instrument type

Common stock

Sector

Industrials

Industry

Specialty Industrial Machinery

Country

India

MIC code

XBOM

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Latest press releases

Dec 31, 2024

CRISIL upgrades Suzlon Energy Limited ratings second time in a year

PUNE, India, Dec. 31, 2024 /PRNewswire/ -- Suzlon Group, India's leading renewable energy solutions provider, today announced that CRISIL Ratings has upgraded its credit rating to 'CRISIL A' with a Positive Outlook, underscoring the company's robust performance and improved profitability.

This marks the second rating upgrade by CRISIL in 2024, reflecting Suzlon's strong operational efficiencies, disciplined financial management, and consistent quarter-on-quarter growth. Earlier this year, CRISIL had assigned Suzlon a rating of 'CRISIL A-', which has now been further upgraded to 'CRISIL A' in recognition of the company's improved financial metrics and growing opportunity in the dynamic renewable energy sector. CRISIL also assigned positive outlook reflecting possibility of WTG business outperformance on higher execution volumes.

Himanshu Mody, Chief Financial Officer, Suzlon Group, said, "This upgrade to an 'A' rating with a Positive Outlook by CRISIL reflects the strong confidence of our stakeholders and our commitment to financial and operational excellence. Suzlon is proud to be among the few companies to achieve two consecutive credit rating upgrades in a year, showcasing our disciplined approach to financial management and growth. This milestone reinforces our focus on creating value through efficient capital management and sustainable business practices, strengthening our position as a trusted leader in the renewable energy sector."

About The Suzlon Group:

The Suzlon Group is a leading global renewable energy solutions provider, with approximately 20.9 GW* of wind energy capacity installed across 17 countries. Headquartered at Suzlon One Earth in Pune, India, the Group includes Suzlon Energy Limited (NSE: SUZLON, BSE: 532667) and its subsidiaries. A vertically integrated organisation, Suzlon has in-house R&D centres in Germany, the Netherlands, Denmark, and India, and world-class manufacturing facilities across India. With 29 years of operational excellence and a diverse workforce of over 7,700 employees, Suzlon is India's No. 1 Renewable Energy Solutions company, managing ~15 GW of assets and an additional ~6 GW installed outside India. Its portfolio includes the advanced 2.x MW and 3.x MW series of wind turbines.

*Global installations of Suzlon manufactured wind turbine generators. Data as of 30th September 2024

Suzlon corporate website: www.suzlon.com

View original content:https://www.prnewswire.com/in/news-releases/crisil-upgrades-suzlon-energy-limited-ratings-second-time-in-a-year-302340623.html

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