February 13, 2017:
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.
(This article was published on February 13, 2017)
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