Sunday , November 24 2024

Suzlon became a multibagger, earned 24 lakhs from 1 lakh, company became debt free


New Delhi: Suzlon Energy, a company involved in the wind energy business, is a story of tremendous change. Suzlon Energy, which was once in debt of more than Rs 17,000 crore, is now debt free. Also, the company has the highest number of orders ever. The company is not behind in terms of giving returns to investors. Suzlon Energy has given more than 2300 percent return to investors in the last 4 years. The 52-week high of Suzlon Energy shares is Rs 52.19. While the lowest level of the company's shares is Rs 11.37.

3 April 2020
On 30 June 2024, the shares of Suzlon Energy were at Rs 2.02. On 6 June 2024, the company's shares closed at Rs 49.67 with a gain of about 3 percent. Suzlon Energy stock has given investors a return of 2359 percent in 4 years and 2 months. If an investor had invested Rs 1 lakh in Suzlon Energy shares on 3 April 2020 and maintained his investment, the value of Rs 1 lakh would have increased to Rs 24.58 lakh today. On 6 June, Suzlon Energy shares touched the level of Rs 50.45.

245 percent growth in one year
Suzlon Energy's stock has gained 245 per cent in the last one year. On June 7, 2023, the company's shares were at Rs 14.40 on the Bombay Stock Exchange. On June 6, 2024, Suzlon Energy's shares reached Rs 49.67. In the last two years, the company's stock has gained more than 495 per cent. The company's shares, which are engaged in wind energy business, were at Rs 8.34 on June 3, 2022. At the same time, now it has reached Rs 49.67. The market cap of Suzlon Energy has reached Rs 67570 crore. In the year 2010, the market cap of the company was Rs 8000 crore.