Suzlon Energy Stock Crash, World Tariffs War Started

Suzlon Energy Stock Crash almost 5% Today due to heavy selloff pressure in the stock market. Donald Trump Starts Imposing tariffs on China, Mexico, and Canada. All these countries have also prepared for countermeasures and retaliation.

This also affected the Indian market and due to this today, the Sensex Crashed around 600 Points. Suzlon Energy Stock also Crashed 5% Today. Suzlon Energy has crashed almost 10% in the last 1 month.

Recently Suzlon Announced its Q3 Result and the company reported a Net Profit of 91% YoY Increase to 388 Crores. Suzlon Energy reported 3002 Crores of Total Income which is almost double of last year’s 1569 Crores of Income.

Also Read: ONGC Q3 Results, 9784 Crores Net Profit, Declare 5 Rs Dividend

After the Result, the Company Shows 5% Upper Circuits in the last 3 Sessions but today we can see some amount of profit bookings and a stock crash of 5%. Suzlon Energy Stock currently trading at 55 Rs.