Suzlon Share Price | The share of Suzlon Energy Company is seeing a lot of upheaval. Today, the share of this company is seeing an extreme decline. In the last six months, the company’s stock has earned 200 percent returns to its investors.
Status of Suzlon Energy Shares
Shares of Suzlon Energy Company closed down 5 percent at Rs 22.80 in Tuesday’s trading session. On a YTD basis, the stock of this company has earned a profit of 113.08 percent to its investors. And in the last one month, the stock of this company has earned a return of 13.72 percent to its investors.
The stock has returned 254.59 percent in the last 5 years
In the last five years, this company’s stock has earned its investors a return of 254.59 percent. During this period the share price has increased from Rs.6 to the current price. In 2008, the company’s shares were trading at Rs 337. The stock is now down 94 percent from its 2008 price.
Expert opinion
The Indian government has set a target of adding 8 GW of wind power generation capacity annually by FY 2030 to meet its renewable energy generation targets, said a report released recently by Kotak Institutional Equities firm. In such a scenario Suzlon Energy Company can gain significant market share in the wind generation sector to achieve this focus. And the business of Suzlon Energy Company is likely to increase further in the future.
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