Multibagger Penny Stock: Multibagger became a bumper boom in this stock, made investors rich in one year – multibagger penny stock suzlon energy limited gave more than 150 percent bumper return to investors in one year

Mumbai: If the investment is made in the right stock in the market, then there is sure to be a bumper profit. Many stocks have made investors rich. One such share is of renewable energy provider company Suzlon Energy Limited. It has given more than 150% return to the investors in one year. Shares of Suzlon Energy Limited have given multibagger returns during the last one year. The company’s shares have increased from Rs.6.06 on July 06, 2022 to Rs.17.15 on July 06, 2023, which is an increase of about 176% in the holding period of one year. Had one invested Rs 1 lakh in the company a year ago, it would have fetched a return of Rs 2.76 lakh today. Recently, Suzlon Energy Limited revealed that it has generated wind turbines through 12,467 wind turbines installed in 17 countries and spread over six continents. Has crossed the target of 20GW wind power. Suzlon’s position has become stronger in the field of wind energy. The company has recently bagged a mega order of 300 MW from Torrent Power Limited, a Torrent group company. This is Suzlon’s fourth order from Torrent Group. This is also the sixth and largest order ever for the new Suzlon 3 MW series turbines. Suzlon will supply 100 wind turbines with a rated capacity of 3 MW each.

Today Suzlon sc opened at Rs.16.77 with a high and low of Rs.17.23 and Rs.16.62. The stock is currently trading at Rs 16.88, down 3.32%. The stock’s 52-week high is Rs 18.54 and its 52-week low is Rs 5.43. Investors can add it to their portfolio to earn profits.

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