Suzlon Stock: Great news for shareholders

Business: If you are also earning in the stock market, then this news is no less than a good news for you. In fact, Suzlon Energy, which is continuously making people rich in the energy sector, has recently received India’s largest energy-related order till date. Due to this, Suzlon’s shares can become rockets flying with wings. If we talk about the last 6 months, the company has given double the profit to the investors.

This order is not only a big achievement for the company, but it is expected to give big profits not only to the company but also to the investors. This order can also prove to be a milestone in the energy sector of the country. Suzlon Energy has received an order of 1,166 MW from NTPC Green Energy Limited, which is the largest wind energy order till date. Suzlon Energy will install a total of 370 wind turbines, which will include towers and hybrid lattice tubular (HLT) turbines with a capacity of 3.15 MW. Suzlon has acquired a 51% stake in Renome Energy, making it a subsidiary of the company. This deal has been done as part of the company’s growth strategy.