#suzlonenergystock #suzlon #sharemarket #share #greenenergy #suzlonenergylatestnews
Suzlon Energy shares hit upper circuit of 5% for the second straight session today. The stock rose 5% to Rs 81.95 against the previous close of Rs 78.05. On Tuesday, the stock closed 5% higher on BSE. Market cap of the green energy firm climbed to Rs 1.11 lakh crore on BSE. Suzlon Energy stock climbed 241% in a year and gained 827% in two years. The multibagger stock clocked a turnover of Rs 89.24 crore as 109.58 lakh shares changed hands on BSE in today’s session. The stock has surged 277% from its 52-week low in the last one year. Suzlon Energy shares fell to their 52-week low of Rs 21.71 on September 13, 2023. Suzlon Energy shares have a beta of 0.9, indicating low volatility in a year. Referring to the order from NTPC, the brokerage said this is a notable achievement for Suzlon, as it has secured a PSU order after a long hiatus. Morgan Stanley said the large contract will enhance Suzlon's earnings visibility for FY26-27. Suzlon Energy said on Monday it has won India's largest wind energy order of 1,166 MW from NTPC Green Energy Limited, the Renewables Arm of NTPC. Catch Aseem for a detailed report
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