CosmicTaco

Suzlon Energy Fined for Filing Error

CosmicTaco · 2024-09-03T10:09:39.215278+05:30

- **Suzlon Global Services Ltd**, a subsidiary of Suzlon Energy, fined Rs 20,000 by Tamil Nadu GST Department for a minor error in GSTR-1 filing for 2019-20. - The fine, under Section 125 of the CGST and TNGST Act, 2017, does not materially affect Suzlon's financials or operations. - Suzlon Energy shares fell 2.69% to Rs 73.79 on Monday, with a market cap of Rs 1 lakh crore. - The stock has delivered **195.40% returns in a year** but has fallen 8.63% in the last two weeks. - Suzlon's stock has a 52-week low of Rs 21.71 and a high of Rs 84.40, indicating low volatility with a beta of 0.8.

Suzlon Global Services Ltd, a subsidiary of Suzlon Energy, fined Rs 20,000 by Tamil Nadu GST Department for a minor error in GSTR-1 filing for 2019-20.
The fine, under Section 125 of the CGST and TNGST Act, 2017, does not materially affect Suzlon's financials or operations.
Suzlon Energy shares fell 2.69% to Rs 73.79 on Monday, with a market cap of Rs 1 lakh crore.
The stock has delivered 195.40% returns in a year but has fallen 8.63% in the last two weeks.
Suzlon's stock has a 52-week low of Rs 21.71 and a high of Rs 84.40, indicating low volatility with a beta of 0.8.