Suzlon Energy s stock price surpassed ₹50 during intraday trading, reaching ₹50.40 per share and marking a gain of ₹4.5%. This follows a 5% upper circuit in the previous session triggered by the announcement made by Union Finance Minister Nirmala Sitharaman.
Budget 2024: The proposed rooftop solar initiative in the budget is expected to bring about significant benefits for households, with anticipated savings ranging from fifteen to eighteen thousand rupees annually.
Suzlon Energy stock has risen 125 percent in the last six months and 283 percent in the last one year, more than tripling investors money in the last 12 months.
Suzlon Energy has continued to move sharply higher since May 2023, and share price has gone from Rs 8.50 to a high of Rs 44, thereby generating multibagger returns.