Energy Stock: Suzlon Energy Shares See 7.4% Rise on BSE
Suzlon Energy shares rose by 7.4% in Monday’s trading on the BSE, reaching a high of 15.05 rupees, their 52-week high. The company’s shares have seen a 12.5% increase in the past two days.
Company Share Status:
– The stock has seen a 37% increase year-on-year and a 97% increase in the past year.
– In the last month, the stock has jumped more than 78%.
– However, despite its high price of 375 rupees, the share is still 96% lower.
Ro Jewels Share Continues to Surge for 6 Consecutive Trading Days
– The stock price has reached 7 rupees, causing investors to hesitate.
Expert Opinion
According to Anand James, chief market strategist at Geojit Financial Services, investors should take advantage of the rise in Suzlon Energy shares and the oversold position of oscillators to earn profits.
Suzlon Energy’s Milestone
Last week, Suzlon Energy announced that it had achieved a milestone by installing 20GW of wind turbine capacity worldwide. In a regulatory filing, the company said, “Through 12,467 wind turbines established in 17 countries across six continents, Suzlon has achieved the milestone of 20GW of wind energy installation, making Suzlon a strong player in the global wind energy landscape.”
In conclusion, Suzlon Energy shares have seen a significant rise in the past few days, and this upward trend could be attributed to the company’s recent milestone. The stock’s oversold position could provide an opportunity for investors to make a profit.
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