Suzlon Energy Ltd
suzlon share company information
India’s wind turbine sector leader, Suzlon Energy Ltd, is set to enter the stock market in the electric equipment sector. The company has announced an Annual General Meeting (AGM) for its investors, where significant announcements are expected. In this article, we will discuss the company’s current position in the stock market, return information, and details about the upcoming AGM meeting.
Current status of suzlon share
Suzlon share company has a market cap of Rs 34,031.72 crore. The promoter holding is 14.5%, and the company currently has a debt of Rs 4,261.23 crore. The availability of free cash with the company is Rs 410.02 crore. The company has recorded a sales growth of -11.13% and a profit growth of 336.97%.
Last 5 years return information
Over the past 5 years, suzlon share company has provided investors with a 31% return. In the last 3 years, the return was 99%, and in the last 1 year, it was 158%. In the last 6 months, the company has given a return of 190%. In the last 3 months, the return was 119%.
Big announcement can be made in AGM meeting
The upcoming AGM meeting of suzlon share company, scheduled for 27 September 2023, is expected to bring significant announcements. The company has recently achieved profitability and reached its 52-week high. It has also received a substantial order and garnered investment from India’s super investor, Mukul Agarwal. The positive developments are expected to be shared with investors during the AGM meeting, which may impact the company’s stock growth. Additionally, JM Finance firm has given Suzlon Energy share a target of Rs.30 or higher.
Disclaimer: The purpose of this news article is to provide information only. It is not a recommendation to invest in the stock market. Investing in the stock market carries risks, and it is advisable to seek expert advice before making any investment decisions.
