Suzlon Energy Stock Performance Update

Suzlon Energy shares experienced a significant rebound on January 7, 2025, gaining over 3% and climbing as high as ₹61.03 apiece on the Bombay Stock Exchange (BSE), effectively breaking a three-day losing streak. This was a sharp recovery following a 5% lower circuit in the previous session (January 6), which saw the stock hit its lowest point since November 18, 2024, at ₹58.06. Over the previous three trading sessions, the stock had seen a 10% decline.

Clarification on Volatility

Despite the significant price movement, Suzlon Energy clarified that there was no identifiable event or news trigger for the volatility. The company stated that although a Material Price Movement (MPM) was noticed in its shares on January 6, 2025, it could not ascertain any media coverage or events that contributed to this fluctuation.

Stock Price Trend

  • Short-Term Performance: In the past three months, Suzlon shares have fallen by over 14%, but the company has still posted a 50% increase in stock price over the past year.
  • Long-Term Growth: Over a two-year period, Suzlon stock has surged by an impressive 495%, and it has achieved 1,740% growth over the last five years.
  • 52-Week Range: The stock reached a 52-week high of ₹86.04 on September 12, 2024, while the 52-week low was ₹35.49 on March 14, 2024.

Current Trading

As of 2:00 PM, Suzlon Energy shares were trading 3.13% higher at ₹60.72 apiece.

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