In the early trading session on Wednesday, Suzlon Energy stole the spotlight as its share price surged over 4%, reaching a remarkable 52-week high of ₹40.50 on the BSE. This notable spike comes in the wake of Suzlon Energy being included in the MSCI Global Standard Index.
The inclusion of Suzlon Energy in the MSCI Global Standard Index is anticipated to attract substantial inflows, with projections suggesting a significant figure of $264 million, as reported by Nuvama Alternative and Quantitative Research.
Suzlon’s stock has been on a stellar upward trajectory over the past year, reflecting its robust performance. Notably, the stock price has experienced an impressive surge, soaring over 50% in the last month and doubling in the past three months.
The year-to-date (YTD) performance is even more remarkable, with Suzlon Energy’s stock witnessing a remarkable gain of over 281%.
At 12:07 pm the shares were trading 4.53% higher at ₹40.40
