NEW DELHI: Shares of Suzlon Energy Ltd. traded 4.55 per cent up in Wednesday 's trade at 10:52AM (IST). Around 558416 shares changed hands on the counter. The stock opened at Rs 2.3 and touched an intraday high and low of Rs 2.3 and Rs 2.3 , respectively, in the session so far.
The stock quoted a 52-week high of Rs 8.4 and a 52-week low of Rs 1.75 .
On a year-to-date basis, shares of the company are up/down xx per cent till date. The 30-share Sensex has gained/declined xx per cent during the same period.
Financials
Suzlon Energy Ltd., incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 1228.87 Crore) operating in Power sector.
The company reported Rs gain/loss for the quarter ended LASTESTQuarter.
For the quarter ended 31-12-2019, the company has reported a Consolidated sales of Rs 653.57 Crore, down -19.21 % from last quarter Sales of Rs 809.01 Crore and down -40.08 % from last year same quarter Sales of Rs 1090.68 Crore Company has reported net profit after tax of Rs -743.03 Crore in latest quarter.
Suzlon Energy Ltd. key Products/Revenue Segments include Wind Turbine Generator which contributed Rs 2316.91 Crore to Sales Value (91.09 % of Total Sales), Sale of services which contributed Rs 132.39 Crore to Sales Value (5.20 % of Total Sales), Other Operating Revenue which contributed Rs 72.42 Crore to Sales Value (2.84 % of Total Sales), Scrap which contributed Rs 21.78 Crore to Sales Value (0.85 % of Total Sales)for the year ending 31-Mar-2019.
Promoter holding
Promoters held 19.79002 per cent stake in the company as of quarter ended 31st Dec 2019 .
Valuation ratio
It quoted a price-to-earnings ratio of -0.58 and price to book value of -0.14 .
Technical indicators
Momentum indicator moving average convergence divergence, or MACD, is signalling a bearish/bullish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect ‘buy’ or ‘sell’ opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa. On the other hand, the Relative Strength Index (RSI) showed the stock is in oversold zone right now. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30. RSI can also be used to identify the general trend. The stock hovered above/below the lower Bollinger Band. Buying a stock when the price has ruled below the lower Bollinger Band often helps traders take advantage of oversold conditions.