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Suzlon Energy shares are in strong demand on Tuesday. There is a rush to buy shares of the company. Amid strong demand, shares of Suzlon Energy rose to Rs. A 5% upper circuit has been reached at 20.90. On Monday, the share of the wind energy company was Rs. It closed at 19.91. Shares of Suzlon hit a 52-week high of Rs. It is 21.25. At the same time, the company’s shares hit a 52-week low of Rs. is 6.60.
Share Rs. 2 to Rs. 20 up to 1100% to Rs
Shares of Suzlon Energy traded on BSE on March 27, 2020 at Rs. was at 1.72. On 22 August 2023, the shares of the company were Rs. 20.90 has been reached. Shares of Suzlon Energy have gained 1107% during this period. If an investor on March 27, 2020 invests Rs. 1 lakh and has not sold the shares, the current price of that share is Rs. 12.15 lakh would have been.
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Shares gained 213% in 10 months
Shares of Suzlon Energy were trading at Rs.6.70 on BSE on October 14, 2022. Shares of the company closed at Rs.20.90 on BSE on August 22, 2023. Shares of Suzlon Energy have given investors a strong return of 213% over the past 10 years. The company’s stock has gained 151% in the last 6 months. At the same time, shares of Suzlon Energy have climbed close to 95% so far this year. Recently, local brokerage house ICICI Securities has initiated coverage on Suzlon Energy and has given its stock a buy rating. The brokerage house paid Rs. A target of 22 was given.
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Disclaimer: The information provided here is only about stock performance and does not constitute investment advice. Investing in the stock market is subject to risk and you should consult your advisor before investing.