📈 Suzlon Share Price Soars as Company Receives New Order
On Thursday, Suzlon Energy’s shares were trading at ₹40.45 with a 5% increase. The sudden surge in Suzlon Energy’s share price has excited investors, following days of downward pressure on the stock.
The main reason behind this sudden surge is the company receiving a new order. On Thursday, March 7, 2024, Suzlon Energy’s share closed at ₹40.60, up by 4.91%.
Recently, Juniper Green Energy Pvt Ltd ordered Suzlon Energy to set up a 72.45 MW wind energy plant. The order includes the installation of 3.15 MW hybrid lattice tubular towers and 23 wind turbine generators in Dwarka, Gujarat.
Over the past six months, Suzlon Energy’s shares have given investors a 70% return. In the last year, the company’s shares have provided a 373% return to its investors.
Recently, JM Financial firm announced a buy rating on Suzlon Energy’s shares, setting a target price of ₹54.
Stay tuned for more updates on Suzlon Energy’s performance in the market!
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