Suzlon Energy’s stock has seen a phenomenal increase of 20.87% in the past month, 50.51% over six months, and an incredible 296.71% in the past year. In comparison, the Nifty 50 index has only gained 2.13% in the past month, 9.35% over six months, and 25.44% in the past year.
4X Increase in a Year: This large-cap renewable energy multibagger stock has reached consecutive 52-week highs. Suzlon Energy has been gaining momentum thanks to numerous order wins and the government’s strong push for renewable energy.
Suzlon Energy Share Price: Suzlon Energy continued its upward trend from Friday into Monday, hitting another 52-week high in today’s (June 24, 2024) trading session.
Suzlon Energy’s shares, which closed at Rs 53.04 each on Friday, surged by 5% to a new 52-week high of Rs 55.69 each on Monday.
This major renewable energy stock was trading higher by 4.73%, or Rs 2.51, at Rs 55.55 at 10:06 am on Monday.
Suzlon Energy’s stock also hit a 52-week high last Friday.
Suzlon Energy’s impressive performance is attributed to multiple order wins and the central government’s emphasis on renewable energy over recent years.
Additionally, there was a bulk deal involving 78 lakh shares of Suzlon Energy last Friday.
Suzlon Energy Share Performance Suzlon Energy’s stock has increased by 20.87% in the past month, 50.51% over six months, and 296.71% in the past year.
In contrast, the Nifty 50 index has risen by 2.13% in the past month, 9.35% over six months, and 25.44% in the past year.
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