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Suzlon’s stock has skyrocketed from ₹8 to ₹80 in just one year! This remarkable growth reflects its current 5-year high.
The stock has delivered a phenomenal 300% return over the past year. It’s clear that Suzlon is on an upward trajectory.
Last quarter, Suzlon achieved record revenue of ₹7,200 Crores. This is a significant milestone for the company.
Their operating profit hit a new high at ₹1,200 Crores. With a trading profit margin of 17%, the financial health looks solid.
Debt reduction has been a major success. Suzlon has cut its debt from thousands of Crores to just ₹150 Crores.
On August 6th, Suzlon made a strategic move by acquiring a 70% stake in Renom Energy. This acquisition is expected to enhance their market position significantly.
Investment Tip: Buying at ₹80 might not be the best option right now. Look for a price range of ₹55-65 for a more strategic entry point.
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