{"id":600739,"date":"2023-08-31T12:28:47","date_gmt":"2023-08-31T06:58:47","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=600739"},"modified":"2023-08-31T12:28:47","modified_gmt":"2023-08-31T06:58:47","slug":"suzlon-share-rallies-on-fall-in-debt-better-order-book","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/suzlon-share-rallies-on-fall-in-debt-better-order-book\/","title":{"rendered":"Suzlon share rallies on fall in debt, better order book"},"content":{"rendered":"<p>NEW DELHI:   Shares of Suzlon Energy were stuck in the upper circuit of 5% for third consecutive session on Wednesday. At Rs 25.85 apiece on the NSE, the stock has gained 36% in a month and 206% in 6 months as fresh orders amid government push for wind energy and reduction in net debt has made the renewable energy firm a top pick among investors.  <\/p>\n<p>The share rises even as the company recently announced downsising a project in Gujarat. Reliance Industries (RIL\u2019s) entry into wind energy business didn\u2019t pose a threat to the rally. Analysts at JM Financial said Suzlon, with leading market share (33%), higher depth of manufacturing (4.5GW), most credible operations &amp; maintenance services (35%+ EBITDA) and technology superiority (3MW sets under testing) is best placed to grow its order book (1.5GW\/2GW as of Jun\u201923\/Mar\u201926).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Shares of Suzlon Energy were stuck in the upper circuit of 5% for third consecutive session on Wednesday. At Rs 25.85 apiece on the NSE, the stock has gained 36% in a month and 206% in 6 months as fresh orders amid government push for wind energy and reduction in net debt has made the renewable energy firm a top pick among investors. The share rises even as the company recently announced downsising a project in Gujarat. Reliance Industries (RIL\u2019s) entry into wind energy business didn\u2019t pose a threat to the rally. Analysts at JM Financial said Suzlon, [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,243,143],"tags":[],"class_list":["post-600739","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-new-indian-express","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/600739","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=600739"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/600739\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=600739"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=600739"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=600739"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}