Suzlon shares decline amid focus on wind energy potential
What happened
- Suzlon shares fell more than 1% on September 25.
- The company's Vice Chairman discussed the potential for wind repowering in India and the need for faster power grid expansion.
- Large trades involving 3.2 crore shares occurred on September 24.
- The stock price has declined 29.60% over the last three months.
Key terms explained
Financial terms from this story, in everyday words.
- Wind repowering
- Replacing older wind turbines with newer, more efficient ones to generate more power.
Original source
Mint
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