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₹73 Renewable Energy Stock Gains 3500%; Can It Hit ₹80?

Suzlon Energy Ltd (NSE: SUZLON): Even in a down market, the share of Suzlon Energy is soaring. Suzlon Energy’s share jumped by 5 percent to the price of Rs 73 during the day on Thursday.

Suzlon Energy’s share is at its 52-week record high. Market experts believe Suzlon Energy’s share could gain further.

A renowned brokerage house has advised buyers to purchase Suzlon Energy shares. This brokerage company has set a goal of Rs 80 for shares owned by the firm.

In the past month, the share of Suzlon Energy has risen by about 33 percent.

Share Had Fallen To Rs 2, Now Up 3500 Percent

Suzlon Energy’s share price has increased over 3500 percent in the last four and one-half years. Suzlon Energy’s share price was the price of 2.02 rupees on the 3rd of April 2020.

Suzlon Energy’s share price was Rs 73.04 on August 8, 2024. In the last couple of years, stock from Suzlon Energy has fallen by more than 100 percent.

The share that was owned by Suzlon Energy, a company that is involved in the business of renewable energy was worth Rs 390.12 on the 11th of January 2008.

The share of the company reached the level of 2.02 rupees in April 2020. After a dip to this low, the share of Suzlon has experienced a significant increase.

Share Up More Than 290 Percent In A Year

Suzlon Energy’s share price has increased by over 290 percent in the past year. The price of shares for the company was 18.63 rupees on August 8, 2023.

Suzlon Energy’s share was at Rs 73.04 in August 2024. This year, Suzlon Energy’s share has increased by over 90 percent.

At the beginning of the year, on January 1, the share was at Rs 38.48 It has since reached the mark of Rs 80. The 52-week low of the shares of the company is Rs 18.37.

Suzlon Energy Ltd Stock Performance

Current Price ₹ 73.0
52-wk High ₹ 73.0 
52-wk Low ₹ 19.3
5 Days Return 4.21%
1 Month Return 32.34%

Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. 

careermotto

A self-motivated and hard-working individual, I am currently engaged in the field of digital marketing to pursue my passion of writing and strategising. I have been awarded an MSc in Marketing and Strategy with Distinction by the University of Warwick with a special focus in Mobile Marketing. On the other hand, I have earned my undergraduate degrees in Liberal Education and Business Administration from FLAME University with a specialisation in Marketing and Psychology.

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