Suzlon share worth surged greater than 5% throughout Friday’s buying and selling session after the corporate launched its most up-to-date shareholding sample on the Bombay Inventory Change (BSE). By the tip of the March quarter, roughly 56.12 lakh retail shareholders—these with approved share capital as much as ₹2 lakh—owned shares in Suzlon Power, in comparison with 54.09 lakh in December of the earlier yr.
As per the alternate submitting, retail buyers at present possess a 25.12% stake in Suzlon Power, a rise from the 24.49% stake they’d on the conclusion of the December quarter. Overseas Portfolio Buyers have saved their stake in Suzlon Power secure at roughly 23%. Nonetheless, home mutual funds in India have decreased their funding within the firm throughout the March quarter, lowering their stake from 4.44% in December to 4.17%.
Suzlon share worth has confronted promoting strain because it reached its 52-week excessive on September 12, 2024. The inventory has declined by virtually 40% from that 52-week excessive ranges. Suzlon share worth elevated by 23.84% however lagged behind its sector by 32.22% over the past yr, in accordance with trendlyne. Nonetheless, the inventory has appreciated greater than 300% over a three-year interval, offering important returns to its long-term buyers.
