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Suzlon shares slip after 12% weekly rally
Negative0
GreyOak summary
Suzlon Energy shares fell 1.79% to Rs 37.87 on Friday, reversing part of a 12% weekly gain. Despite a 26% revenue rise, EBITDA margins contracted to 14.8%, and net profit dropped 69.2% YoY. Investors remain unconvinced about growth prospects amid muted midcap and smallcap recovery.
What it affects
- Suzlon EnergySUZLONNegative 0
Shares slipped after a 12% weekly rally.Rolling sentiment Neutral -11
Source
Read the original at NDTV ProfitMore Suzlon Energy news
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