Suzlon slumps 3%; Q3 net loss at Rs. 113.2 crore

The company posted a net loss after share in minority interest of Rs. (1131.70) mn for the quarter ended December 31, 2015 where as the same was net loss at Rs. (65386.80) mn for the quarter ended December 31, 2014.

Suzlon Ltd stock was down by 3% at Rs. 19.60 after company posted Q3 results. The company posted a net loss after share in minority interest of Rs. (1131.70) mn for the quarter ended December 31, 2015 where as the same was net loss at Rs. (65386.80) mn for the quarter ended December 31, 2014. 

Total Income is Rs. 19018.80 mn for the quarter ended December 31, 2015 where as the same was at Rs. 49865.60 mn for the quarter ended December 31, 2014.

The scrip opened at Rs. 20.6 and has touched a high and low of Rs. 20.7 and Rs. 19.1 respectively. So far 12410859(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 10152.48 crore.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 31.35 on 19-Mar-2015 and a 52 week low of Rs. 15.81 on 30-Jan-2015. Last one week high and low of the scrip stood at Rs. 20.6 and Rs. 18.05 respectively.

The promoters holding in the company stood at 21.1 % while Institutions and Non-Institutions held 28.64 % and 50.05 % respectively.

The stock is currently trading above its 200 DMA.