Promoters of Suzlon Energy are preparing to raise a big fund. According to media reports, the promoters of the company can raise up to 1,300 crore through block deals. For this, they are planning to sell 200 million shares, which will be 1.4 per cent of the company’s total equity and about 11 per cent of their stake.
Promoters had 13.25 percent stake as of March 2025
According to the NDTV Profit report, the promoters stake in Suzlon Energy by March 2025 to 13.25 per cent. Now if this block deal is done, then their stake will be reduced further. It is being told that these deals will be done on the National Stock Exchange (NSE) at a discount of about 2 percent from the last closing price of Suzlon.
Suzlon did not confirm any
On Friday, Suzlon’s shares rose a slight 0.28 per cent and closed at Rs 66.96 at NSE. While the Nifty 50 gained 1 percent. Although Suzlon’s shares have fallen by 7.5 per cent in the last five trading sessions, but if we look at the figures of the whole month, the company’s shares have gone up 22.4 per cent. Despite this, the company has not yet given any official statement or clarification about these media reports.
Preparation for selling even after strong results
In the quarter ended March 2025, Suzlon recorded a sales of Rs 3,790 crore and a net profit of Rs 1,181 crore. Even after these strong results, the plan to reduce the stake by promoters is raising questions among investors.
Shares expected 14 percent rise
According to Bloomberg’s data, 6 of the 8 analysts tracking Suzlon have given it a “buy” rating, while 2 have advised “Hold”. Market analysts believe that Suzlon shares may rise by about 14.1 percent in the coming 12 months.
Should investors worry?
Selling stake by promoters is usually considered a negative signal, but if this step is being taken for debt reducing or strategic expansion, it can also be a chance for investors. Investors will have to be cautious till the official confirmation comes from the company.
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