Shares of Suzlon Energy Ltd. hit the upper circuit at 5% at Rs 56.73 per share on Thursday, snapping a five-session falling streak.
1.22 crore equity shares exchanged hands in three large trades on the National Stock Exchange, with the price range of Rs 56.3 to Rs 56.66 per share.
The resignation of Ishwar Chand Mangal, chief executive officer of new business, also took place recently.
Suzlon Energy's Q2 results show that revenue is up 48.0% to Rs 2,103.38 crore, net profit is up 96% to Rs 200.60 crore, and EBITDA is up 31% to Rs 294.18 crore.