Suzlon: This cheap stock doubled its money in 2 months, now what next


 Suzlon's stock was being sold at less than Rs 10 till recently. But on seeing this stock has come up rapidly. As far as earning is concerned, this stock has doubled the investors' money in 2 months.

Suzlon: This cheap stock doubled its money in 2 months, now what next


Suzlon Energy's stock is always in the news. At one point of time this share used to trade at Rs.2000. But the debt problem broke the back of this company. Due to this, this share had gone up to Rs 2 at one point of time. However, now the conditions are improving. Due to this, the stock is again going up rapidly.


Today Suzlon Energy has closed at Rs.14 level today. Today, this stock has closed with a gain of about 5 percent i.e. 65 paise. While the stock has made a low of Rs.13.30 during the day, it has also made a high of Rs.14.20. As far as the rate of one year is concerned, the minimum rate of this share has been Rs.5.90, then the maximum rate has gone up to Rs.14.60.


Suzlon Energy has recently become the first Indian wind energy company to have installed 20 GW of wind energy capacity worldwide. The company is engaged in the field of wind energy in India. Due to the increasing demand for green energy, Suzlon's work is expected to increase rapidly. Suzlan also reported strong financial results in the March quarter. Suzlon had reported an income of Rs 1690 crore in the fourth quarter. At the same time, the profit of the company had increased to Rs 320 crore. If we talk about the entire financial year, then Suzlon Energy's revenue was Rs 5947 crore. Whereas in the last year it had earned a profit of Rs 2900 crore.

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