Suzlon Energy share price plunges 4.91%, settles at Rs 40.70

Suzlon Energy’s shares remained under selling pressure on Tuesday, 5th March,  with the stock witnessing a sharp decline during the session. The counter opened lower at Rs 41.65 compared to the previous close of Rs 42.80. Bearish sentiment prevailed throughout the day, with the price hitting an intraday low of Rs 40.70. There was little respite, as the intraday high was also Rs 41.65, same as the opening level.

Selling intensified towards the latter part of the session, dragging Suzlon Energy further down to finally settle at Rs 40.70, translating into a loss of 4.91% over its last close. The session saw trading volumes of Rs 21,684.15 lakhs, higher than the 20-day average volume.

As of Tuesday’s close, Suzlon Energy commands a market capitalization of approximately Rs 55,334 crores.