Suzlon Energy CFO Himanshu Mody likely to step down and expected to join Samman Capital: Report
Shares of Suzlon Energy were trading 1.15% higher at Rs 64.05 on Tuesday morning, up 0.73 points from the previous close of Rs 63.32. The stock hit an intraday high of Rs 64.95 and a low of Rs 63.30, giving the company a market capitalization of Rs 87,981 crore.
According to sources cited by CNBC, Chief Financial Officer Himanshu Mody is likely to step down from his position at Suzlon Group and is expected to join Samman Capital in a leadership role. Mody, who joined Suzlon in July 2021, has extensive expertise in finance and strategy, with a focus on corporate finance, mergers and acquisitions, fundraising, debt and equity, and financial restructuring.
Suzlon Energy, a leading renewable energy solutions provider, has seen strong stock market performance over the past year, with its share price ranging between Rs 46.15 and Rs 86.04 in the 52-week period.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
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Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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