Suzlon Energy’s market cap declines Rs 4,637 crore as stock falls 8.32%

Shares of Suzlon Energy Limited saw a significant decline, closing at ₹54.45, marking an 8.32% drop from the previous close of ₹59.39. This decrease resulted in a reduction of approximately ₹4,637 crore in the company’s market capitalization.

As of today’s trading session, Suzlon’s market cap stands at ₹74,331.03 crore. The stock opened at ₹58.00, reached a high of ₹59.28, and a low of ₹53.45, showing a strong bearish trend.

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Key Trading Information

  • Traded Volume: 1,941.99 lakh shares
  • Traded Value: ₹1,083.63 crore
  • Deliverable Percentage: 48.08%

Price Information

  • 52-Week High: ₹86.04 (as of 12-Sep-2024)
  • 52-Week Low: ₹33.90 (as of 21-Dec-2023)
  • Upper Price Band: ₹65.32
  • Lower Price Band: ₹53.45

Additional Security Information

  • Status: Listed
  • Date of Listing: 19-Oct-2005
  • Index: Nifty Midcap 50
  • Industry: Heavy Electrical Equipment

The sharp drop in Suzlon’s share price highlights current market volatility, impacting its valuation.

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