Home Business This veteran investor bought 13 crore shares of Suzlon Energy shares hit upper circuit

This veteran investor bought 13 crore shares of Suzlon Energy shares hit upper circuit

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This veteran investor bought 13 crore shares of Suzlon Energy shares hit upper circuit

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Veteran investor Mukul Mahavir Agrawal has placed a bet on Suzlon Energy. He has bought 13 crore shares of the company. Due to which his total stake in Suzlon Energy has increased to 1.04 percent. This has come to the fore in the latest shareholding of the company. Let me tell you, on hearing this news, investors rushed to buy shares of Suzlon Energy. On Friday, Suzlon Energy’s shares hit the upper circuit of 5 per cent.

This stock is making money even in the bad times of the market, the stock rose 9 percent after a news

The name of an entity or individual appears in the shareholding of a company when their total stake in the company exceeds 1 percent.

Stock at 52 week high (Suzlon Energy Share 52 week high)

It has been a great week for positional investors in Suzlon Energy. During the last 5 trading sessions, the company’s share prices have seen a gain of more than 11 percent. While BSE Sensex has been able to give a return of 0.94 percent during this period. Let us tell you, on Friday, the shares of Suzlon Energy had reached the level of Rs 19.66 after hitting the upper circuit. Which is also the company’s 52 week high.

Also read: Jhunjhunwala reduced stake in Tata’s subsidiary company, sold crores of shares

223 percent return in 1 year (Suzlon Energy Share price)

The past one year has been great for Suzlon Energy investors. During this period, the prices of the company’s shares have seen a rise of 223 percent. While the Sensex has been able to give only 30 percent returns during this period. The good thing from the investors’ point of view is that the company’s net loss has come down to Rs 5.92 crore in the June quarter. The company had posted a net loss of Rs 30.72 crore in the same quarter a year ago.

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