Suzlon Energy Hits Record High with 625% Stock Surge
Tuesday, 23 July 2024, 04:59
Suzlon Energy's Stock Surge
Suzlon Energy has shown remarkable performance in the stock market, with its stock price climbing by 625% over the past 15 months.
Recent Market Performance
- The share price increased by 5%, reaching Rs 57.82.
- It achieved its highest level in over 13 years on the BSE.
- The surge follows the report of a quarterly EBITDA of Rs 370 crore in Q1FY25, the highest in seven years.
Conclusion
Investors are optimistic about Suzlon's future, indicating significant market interest in renewable energy solutions.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.