For the third straight trading day, shares of Suzlon Energy, a major global provider of renewable energy solutions, saw a decline of 3.68% to ₹73.05 per share.
The stock opened at ₹75.84 and quickly gained momentum, reaching a high of ₹76.10. The day’s low was recorded at ₹72.56.
On Friday, Suzlon Energy’s shares closed at Rs 78.83, down 1.49%. The stock’s market value stock stood at Rs 1.03 lakh crore.
Over the last year, the stock has risen 249.28% from its 52-week low. Suzlon Energy’s shares dropped to a 52-week low of Rs 21.71 on September 13, 2023.
Suzlon Energy offers solutions for renewable energy. The company produces wind turbines. It provides a variety of solar energy solutions, including supply chain management, installation and commission, infrastructure and power evacuation, land acquisition and approvals, solar irradiance assessment and life cycle asset management.
