Suzlon Energy freezes at 20% upper circuit on heavy volumes

As of 10:08 AM, a combined 228 million equity shares had changed hands in less than hour of trades with pending buy orders for around 45.83 million shares on the NSE and BSE.

Shares of Suzlon Energy were locked in the 20 per cent upper circuit at Rs 10.57 on the BSE in Monday's intra-day trades amid heavy volumes. The average trading volumes at the counter jumped 1.5 times with a combined 228 million equity shares changing hands in less than an hour of trades on the NSE and BSE. There were pending buy orders for a combined 45.83 million shares on both the exchanges, data shows. In comparison, the S&P BSE Sensex was up 0.6 per cent at 59,160.

Suzlon Energy on September 5, 2022 said that inadvertently; SBICAP Trustee had