CRISIL elevates Suzlon Energy's ratings to 'CRISIL BBB+/A2' on positive outlook and financial strength.
Suzlon Energy's shares rose 1.88% to Rs 25.98, increasing market cap to Rs 35,364 crore.
224.54 lakh shares traded, turnover at Rs 57.59 crore. Stock's beta indicates high volatility.
RSI at 65.6, not overbought or oversold. Stock above key moving averages.
Dilip Shanghvi and Associates terminate agreement with Suzlon Energy's promoters. No operational impact expected.
Suzlon Energy provides renewable energy solutions, specializing in wind turbines and solar energy projects.
Suzlon
offers comprehensive solar solutions from assessment to asset management.
Termination of agreement won't affect Suzlon's ongoing operations, company assures.
Upgraded ratings reflect optimism in Suzlon's long-term prospects and sectoral trends.
Suzlon Energy plays a significant role in advancing renewable energy solutions and wind power generation.