Suzlon Share Price | There was a time when shares of Suzlon Energy Company were trading at Rs.5. The company subsequently cleared itself of debt. And Suzlon Energy stock started to rise. Shares of Suzlon Energy Company were weighed down by huge debt burden. Now the company is on the path to become debt free and the company has started winning the trust of its investors.
Suzlon Energy Company shares have doubled the investment of its shareholders in the last 3 months. Today, Tuesday, September 5, 2023, shares of Suzlon Energy Company closed at Rs 23.65, down 1.87 percent.
If we look at the profit chart of Suzlon Energy Company share, we will understand that Suzlon Energy Company share has given its investors good income in recent times. In this single month in August 2023, shares of Suzlon Energy Company have given people a gain of 29.53 percent.
Multibagger returns for last 3 months to 3 years
The share price of Suzlon Energy Company has increased by 124.22 percent in the first 3 months. The share price of this company has increased by 184.09 percent in the last one year. The share value of Suzlon Energy Company has increased five times in the last 3 years. And in 3 years, Suzlon Energy shares have given people a profit of 584.93 percent.
The company received various orders
Suzlon Energy recently raised capital and announced that the company is completely debt free. Apart from this, Suzlon Energy Company has also received various orders from global and domestic markets. In such a situation, experts have expressed the belief that Suzlon Energy Company will perform even better in the future.
Shares buying advice from experts – Target price announced
Brokerage house company JM Financial has recommended to buy shares of Suzlon Energy Company. Experts have advised to invest on this stock by declaring a price of Rs 30 lakh. Shares of Suzlon Energy Company can earn 38 percent profit in the next period. Angel One firm has suggested Buy on Suzlon Energy stock in the price range of Rs 22 to Rs 22.5. And a price target of Rs 27 lakh has been announced on the stock.
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