Trending stocks: Suzlon Energy shares jump 4.5%

NEW DELHI: Shares of Suzlon Energy traded 4.55 per cent up in Wednesday's trade at 10:52 am. Around 5,58,416 shares changed hands on the counter. The stock opened at Rs 2.3 and touched an intraday high and low of Rs 2.3 and Rs 2.3, respectively, in the session so far.

Suzlon Energy's debt as on March 31 stood at Rs 14,262.06 crore, which also includes outstanding foreign currency convertible bonds worth Rs 1,376.30 crore(around $172 million).

The stock quoted a 52-week high of Rs 8.4 and a 52-week low of Rs 1.75.


Financials
Suzlon Energy, incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 1228.87 crore) operating in Power sector.

The company reported loss of Rs 743.03 crore for the quarter ended 31 December, 2019. For the same quarter, the company has reported Consolidated sales of Rs 653.57 crore, down 19.21 per cent from last quarter Sales of Rs 809.01 crore and down 40.08 per cent from last year same quarter Sales of Rs 1090.68 crore.

Suzlon Energy key products/revenue segments include wind turbine generator which contributed Rs 2316.91 crore to sales value (91.09 per cent of total sales), sale of services which contributed Rs 132.39 crore to sales value (5.20 per cent of total sales), other operating revenue which contributed Rs 72.42 crore to sales value (2.84 per cent of total sales), scrap which contributed Rs 21.78 crore to sales value (0.85 per cent of total sales)for the year ending 31-mar-2019.

Promoter holding
Promoters held 19.79002 per cent stake in the company as of quarter ended 31st Dec 2019.

Valuation ratio
It quoted a price-to-earnings ratio of -0.58 and price to book value of -0.14.