Stock Market Today, Jan. 29 -- Suzlon Energy share price gained 5% to hit the upper circuit on Wednesday following the earnings for the third quarter (Q3) of the financial year 2024-24.

Suzlon Energy's Q3 net profit increased by 91% year-over-year (YoY) to Rs.386.92 crore. Meanwhile, the earnings before interest, tax, depreciation and amortisation (EBITDA) surged 102% to Rs.500 crore. The company's revenue in Q3 came in at Rs.2,968.81 crore, up 91%.

The company has a record order book of 5.5 GW and recorded 447 MW in delivery.

"Suzlon Energy has delivered an impressive financial performance, with net profit nearly doubling to Rs.387 crore in the latest quarter. A significant boost in other income to Rs.27 crore further strengthened the...