Suzlon Energy’s stock gave bumper returns to investors, the stock continues to see a boom
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The company is continuously getting large orders. Recently Suzlon Energy Limited has bagged a major order from Tech Green Power XI Pvt Ltd, a part of O2 Power Pvt Ltd. It includes installation of 64 wind turbine generators with Hybrid Lattice Tubular Tower. It has a rated capacity of 3.15 MW each. The shares of the company have consistently given excellent returns to the investors. Those investing in the shares of the company have made good profits.
The company had given a stupendous return of 217% in the last year. At the same time, in the last three years, the company has given a bumper return of 563 per cent to the investors. Additionally, the ROCE of the company stands at 20.6%. Furthermore, the company has been able to grow its sales by 26% (CAGR) in the last 3 years and net profit by 27% (CAGR) in the same period.
The company’s shares have jumped 5% on Monday. Investors can include the stock in their portfolio to earn profits.
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