Suzlon share price surged more than 5% during Friday’s trading session after the company released its most recent shareholding pattern on the Bombay Stock Exchange (BSE). By the end of the March quarter, approximately 56.12 lakh retail shareholders—those with authorized share capital up to ₹2 lakh—owned shares in Suzlon Energy, compared to 54.09 lakh in December of the previous year.
As per the exchange filing, retail investors currently possess a 25.12% stake in Suzlon Energy, an increase from the 24.49% stake they had at the conclusion of the December quarter. Foreign Portfolio Investors have kept their stake in Suzlon Energy stable at approximately 23%. However, domestic mutual funds in India have reduced their investment in the company during the March quarter, decreasing their stake from 4.44% in December to 4.17%.
Suzlon share price has faced selling pressure since it reached its 52-week high on September 12, 2024. The stock has declined by almost 40% from that 52-week high levels.
