Suzlon Energy's Journey From Remarkable 4x Surge To Hitting a Sudden 10% Lower Circuit

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Suzlon Energy's share tumbles

A 10% plunge on 9th and 10th Oct leaving investors in panic

Regulatory action

Suzlon Energy faces the heat with Direct Stage IV 'ASM' framework kicking in

ASM and it’s impact

Suzlon is currently on Long-term stage 4 under Additional Surveillance Measure for price movement

ASM IV

It is the final stage and the margin requirement raises to 100% for all clients while the price band narrows to 5% for the stock