30 Oct 2026 | 3 Mins Read
Suzlon shares slump 10% post-Q2 results; JM Financial downgrades to 'add'
Flipitmoney
Suzlon Energy shares fell nearly 10% after reporting a marginal 1.3% YoY increase in comparable Q2 net profit to Rs 394 crore, with operating margins dropping to 14.8% from 18.6%. Revenue rose 26% to Rs 4,869 crore. JM Financial downgraded Suzlon to 'Add,' cutting its target price to Rs 40, citing margin pressures and growth concerns post-FY28.