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Shares of Suzlon Energy are on the upper circuit for the second day in a row. On Tuesday, the company’s shares rose 5% to Rs. was 24.66. With this, Suzlon Energy’s stock has hit a new 52-week high. Brokerage house JM Financial is bullish on Suzlon Energy shares. The brokerage house has given a buy rating on Suzlon Energy shares and priced the stock at Rs. 30 is the target.
Shares of Suzlon have gained 249% in 5 months
Shares of Suzlon Energy have been flying well for the past 5 months. Shares of the company were trading at Rs.7.08 on BSE on March 28, 2023. Shares of Suzlon Energy traded on BSE on 29 August 2023 at Rs. has reached 24.66. The company’s stock has gained 249% in the last 5 months. Shares of Suzlon have gained 30% in the last one month. At the same time, so far this year, the company’s shares are up 131%. Shares of Suzlon Energy have gained 201% in the last 6 months.
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The company’s shares have risen more than 700% in 3 years
Shares of Suzlon Energy have seen a meteoric rise in the last 3 years. Shares of the company were trading at Rs.3.03 on BSE on 11 September 2020. Shares of Suzlon Energy traded on BSE on 29 August 2023 at Rs. has reached 24.66. The company’s stock has jumped 713% in the last 3 years. At the same time, shares of Suzlon Energy have gained 233% in the past one year. The company’s stock hit a 52-week low of Rs. is 6.60. At the same time, the market cap of the company is Rs 33448 crore.
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.