Suzlon Share Price | Suzlon share will prosper, tremendous update, signs of multibagger return again – NSE: SUZLON
Suzlon Share Price | A big fall was seen in the stock market on Tuesday 17 December 2024. The stock market fell so much on Tuesday that Friday's support level was broken. However, Suzlon Energy Limited shares rose 4.99 percent even after Tuesday's decline. (Suzlon Energy Company excerpt)
Suzlon Stock Current Status
On Tuesday, Suzlon Limited Company share price was trading at Rs 69.67, up 5 per cent. At present the market cap of Suzlon Energy Limited is Rs 93,999 crore. Suzlon Energy Company's stock to hit Rs.500 crore in September 2024 Reached a new high of 86.04. However, in November 2024 itself, Suzlon Energy stock will be worth Rs. Reached a low of 54. On Wednesday (18 December 2024), the stock was trading at Rs 68.1, down 1.93%.
Company almost debt free
However, experts advised buying even when Suzlon Limited Company was in a downward spiral. This is because Suzlon Limited was almost debt free by continuously reducing its debt. Now Suzlon's share has increased again and is close to 70 points.
Upcoming quarterly financial results
Suzlon Energy Limited is expected to deliver positive financial results for the quarter ending December 31, 2024, experts said. The earnings of Suzlon Energy Limited Company are continuously improving. Suzlon Energy Company's return on equity ratio is 28.80%. Suzlon Energy Company has registered 19.7% CAGR profit growth in the last five years. The status of Suzlon Energy Limited company has changed and it has become not only a profitable company but also a loan-free company.
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