Shares of Suzlon Energy were trading 1.15% higher at Rs 64.05 on Tuesday morning, up 0.73 points from the previous close of Rs 63.32. The stock hit an intraday high of Rs 64.95 and a low of Rs 63.30, giving the company a market capitalization of Rs 87,981 crore.
According to sources cited by CNBC, Chief Financial Officer Himanshu Mody is likely to step down from his position at Suzlon Group and is expected to join Samman Capital in a leadership role. Mody, who joined Suzlon in July 2021, has extensive expertise in finance and strategy, with a focus on corporate finance, mergers and acquisitions, fundraising, debt and equity, and financial restructuring.
Suzlon Energy, a leading renewable energy solutions provider, has seen strong stock market performance over the past year, with its share price ranging between Rs 46.15 and Rs 86.04 in the 52-week period.
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