As of today, October 28, Suzlon Energy Limited’s stock is performing positively, trading at ₹70.73 as of 12:34 pm IST, marking an increase of 4.83% (₹3.26) for the day.
Stock Details (Today, October 28, 2024)
- Opening Price: ₹68.00
- Day’s High: ₹70.90
- Day’s Low: ₹66.14
- Market Cap: ₹96,430 Crore
- P/E Ratio: 110.96
- Dividend Yield: N/A
- 52-Week High: ₹86.04
- 52-Week Low: ₹30.00
Recent Developments and Performance
Suzlon’s stock has shown consistent growth over recent months, reflecting investor optimism and continued interest in Suzlon’s advancements in wind energy technology, especially its S144 turbine model, which ranks among the world’s top 10 most demanded models according to Wood Mackenzie.
Key Updates
- New Contracts: Suzlon recently secured its largest-ever contract from NTPC Green Energy Limited and additional orders from Jindal Renewables for the S144 model. These contracts amount to a total capacity of 5.4 gigawatts.
- Global Market Position: Suzlon is currently the only Indian firm among the top global players for wind turbines, despite the dominance of Chinese companies, which hold 82% of global contracts.
Stock Performance Overview
Suzlon’s stock has shown remarkable returns across different time frames, establishing it as a high-performing stock for long-term investors:
- 6-Month Return: 62.28%
- 1-Year Return: 115.25%
- 5-Year Return: 2,788.46%
- YTD Return: 115.25%
Summary Table
| Details | Information |
|---|---|
| Company | Suzlon Energy Limited |
| Current Price (Oct 28, 2024) | ₹70.73 |
| Day’s High | ₹70.90 |
| Day’s Low | ₹66.14 |
| Market Cap | ₹96,430 Crore |
| P/E Ratio | 110.96 |
| 52-Week High | ₹86.04 |
| 52-Week Low | ₹30.00 |
| Recent Contracts | NTPC Green Energy, Jindal Renewables |
| Total Contract Capacity | 5.4 GW |
| Recent Performance | 6-Month Return: 62.28%, 1-Year: 115.25% |
| 5-Year Return | 2,788.46% |
| Market Position | Strong; requires tech investment for global edge |
| Global Market Dominance | Chinese companies at 82% global contracts |
Disclaimer: Investing in mutual funds and the stock market involves risk. Please consult with a financial advisor before making any investment decisions.
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