{"id":4224,"date":"2024-10-03T16:12:33","date_gmt":"2024-10-03T10:42:33","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=4224"},"modified":"2024-10-03T16:12:34","modified_gmt":"2024-10-03T10:42:34","slug":"suzlon-shares-dip-nearly-5-after-nse-and-bse-issue-compliance-warning","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/suzlon-shares-dip-nearly-5-after-nse-and-bse-issue-compliance-warning\/","title":{"rendered":"Suzlon Shares Dip Nearly 5% After NSE and BSE Issue Compliance Warning"},"content":{"rendered":"\n<p>Suzlon shares fell by nearly 5 percent on October 3 after the company received advisory warnings from the NSE and BSE for non-compliance with SEBI regulations. The stock hit an intraday low of Rs 76.06 on the NSE, marking a decline of 4.61 percent. Suzlon has been on a six-day losing streak, dropping 8.71 percent over this period.<\/p>\n\n\n\n<p>The warnings covered events on the resignation of Independent Director Marc Desaedeleer and, secondly, a violation on announcement regarding an analyst and investor call held June 2024. Suzlon has assured that these will not record the performance of financial or operations.<\/p>\n\n\n\n<p>Though it has slumped of late, Suzlon has given multibagger returns as it soared 181.89 percent in the last one year. In recent times, Morgan Stanley had downgraded Suzlon&#8217;s rating to &#8220;equal weight&#8221; but increased its target price to Rs 88 per share, implying an upside of 8 percent.<\/p>\n\n\n\n<p><em>Do&nbsp;you have a news tip for Lakshmishree reporters? Please email us at&nbsp;<\/em>media@lakshmishree.com<\/p>\n\n\n\n<p><sub><sup>Source:\u00a0<a href=\"https:\/\/www.moneycontrol.com\/news\/business\/markets\/suzlon-shares-fall-nearly-5-after-nse-bse-issue-warning-for-non-compliance-12834686.html\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.moneycontrol.com\/news\/business\/markets\/suzlon-shares-fall-nearly-5-after-nse-bse-issue-warning-for-non-compliance-12834686.html\" rel=\"noreferrer noopener\">Moneycontrol<\/a><\/sup><\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Suzlon shares fell by nearly 5 percent on October 3 after the company received advisory warnings from the NSE and BSE for non-compliance with SEBI regulations. The stock hit an intraday low of Rs 76.06 on the NSE, marking a decline of 4.61 percent. Suzlon has been on a six-day losing streak, dropping 8.71 percent [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4225,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[50],"tags":[450],"class_list":["post-4224","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-indian-market","tag-suzlon-compliance-warning"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4224","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=4224"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4224\/revisions"}],"predecessor-version":[{"id":4226,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4224\/revisions\/4226"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/4225"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=4224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=4224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=4224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}