{"id":593704,"date":"2023-07-27T09:35:31","date_gmt":"2023-07-27T04:05:31","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=593704"},"modified":"2023-07-27T10:06:33","modified_gmt":"2023-07-27T04:36:33","slug":"suzlon-energy-tumbles-10-in-2-days-post-q1fy24-results","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/suzlon-energy-tumbles-10-in-2-days-post-q1fy24-results\/","title":{"rendered":"Suzlon Energy tumbles 10% in 2 days post Q1FY24 results"},"content":{"rendered":"<p>Shares of Suzlon Energy were locked in the 5 per cent lower circuit band for a second straight day on Wednesday after the company&#8217;s net profit for the June quarter (Q1FY24), including exceptional loss, tumbled to Rs 101 crore from Rs 2,433 crore reported last year. The company&#8217;s net profit (before exceptional items) for Q1FY24, however, came in at Rs 93 crore as against a loss (before exceptional items) of Rs 37 crore. <\/p>\n<p>At 2:00 PM, the stock was quoting at Rs 18.05 apiece, having crashed 10 per cent in two days. By comparison, the benchmark S&amp;P BSE Sensex was up 0.66 per cent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Suzlon Energy were locked in the 5 per cent lower circuit band for a second straight day on Wednesday after the company&#8217;s net profit for the June quarter (Q1FY24), including exceptional loss, tumbled to Rs 101 crore from Rs 2,433 crore reported last year. The company&#8217;s net profit (before exceptional items) for Q1FY24, however, came in at Rs 93 crore as against a loss (before exceptional items) of Rs 37 crore. At 2:00 PM, the stock was quoting at Rs 18.05 apiece, having crashed 10 per cent in two days. By comparison, the benchmark S&amp;P BSE Sensex was [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-593704","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/593704","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=593704"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/593704\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=593704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=593704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=593704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}