Why is there a Soaring Rise in Suzlon? What happens next? | Share Market Today

This year, many of these stocks performed well in the stock market, which had not experienced major movement in years. Suzlon Energy is one such stock, with its shares soaring since April and continue to this day. Suzlon's share price has risen from around Rs 8 in April to over Rs 21 presently. The upper circuit was put in the shares today, August 22, 2023, and the stock closed at Rs.20.85.

In three months, there has been a 133% growth

Suzlon Energy stock has also performed exceptionally well in the market. In just three months, the price of this stock has more than doubled. Just three months ago, on May 19, 2023, the price of one Suzlon Energy share was Rs.8.50, which is now over Rs.20. As a result, the price of this share has climbed by 133% in the last three months. Suzlon Energy's stock is currently declining slightly. On Friday, August 18, the stock finished at Rs 19.80, a 0.51 percent increase, after falling by more than 5% in the previous five days.