Suzlon Energy, a company involved in wind energy business, is a tremendous turnaround story. Suzlon Energy, once burdened with a debt of more than Rs 17,000 crore, is now debt free. Also, the company has the highest number of orders till date. The company has not lagged behind in giving returns to investors. Suzlon Energy has given returns of more than 2300% to investors in the last 4 years. The 52-week high level of Suzlon Energy shares is Rs 52.19. At the same time, the 52-week low level of the company’s shares is Rs 11.37.
Made more than Rs 24 lakh from Rs 1 lakh
Shares of Suzlon Energy were at Rs 2.02 on April 3, 2020. The company’s shares closed at Rs 49.67 on June 6, 2024, with a rise of about 3%. Suzlon Energy shares have given returns of around 2359% to investors in 4 years and 2 months. If a person had invested Rs 1 lakh in Suzlon Energy shares on April 3, 2020 and had maintained his investment, the value of those shares purchased with Rs 1 lakh would have been Rs 24.58 lakh. Shares of Suzlon Energy have also touched a high of Rs 50.45 on June 6.
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Shares rose 245% in one year
Shares of Suzlon Energy have jumped 245% in the last one year. The company’s shares were at Rs 14.40 on the Bombay Stock Exchange on June 7, 2023. Shares of Suzlon Energy have reached Rs 49.67 on 6 June 2024. In the last 2 years, Suzlon Energy shares have seen a rise of more than 495%. Shares of the company involved in wind energy business were at Rs 8.34 on June 3, 2022. Shares of Suzlon Energy have reached Rs 49.67 on 6 June 2024. Suzlon Energy’s market has reached Rs 67570 crore. The market cap of the company was only Rs 8000 crore in the year 2010.
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