Suzlon Energy Ltd (NSE: SUZLON): Heavy selling was seen in the last trading session on Tuesday in the stock market, after which both the indices closed down by more than 1 percent.
Due to this decline in the market, investors had suffered a loss of more than Rs 5 lakh crore. In the meantime, there is a lot of pressure in the market for stocks on Wednesday too.
In such a situation, due to heavy pressure on both indices, many stocks are registering a decline, including the name Suzlon Energy Ltd, a famous stock in the energy sector.
7 Percent Decline
On Wednesday, the share of Suzlon Energy fell by about 8.25% from its previous closing price of Rs 59.39. The stock price is 54.49 rupees. The share price of this energy sector company has fallen by more than 20.48% in the last five days.
A decline of 26.37% has been registered in a period of 1 month. The decline in Suzlon shares for more than a month has increased the tension among investors.
Shares Fell 37 Percent From The All-time High
The 52-week high for this share is 86.04 rupees. The lowest level for the 52-week is 33.90 rupees. Its profit-to-earnings (P/E) ratio is 77.03.
Talking about its market capitalization is Rs 75.48 thousand crore. Let us tell you that this stock is trading about 37 percent below its all-time high.
Profit Of 42 Percent In One Year
Let us tell you that Suzlon Energy Ltd is very famous among investors and has given good returns in the last months.
Suzlon Energy Ltd’s share has given a return of over 39.72% in a period of 6 months, while the profit has been over 40.98% in one year.
Quick Fact
| Company name | Suzlon Energy |
|---|---|
| Sector | Energy |
| Stock price | ₹54.49 |
| Recent decline | 8.25% |
| 5-day decline | 20.48% |
| 1-month decline | 26.37% |
| Below all-time high | 37% |
| P/E ratio | 77.03 |
| Market cap | ₹73,810 crore |
| 6-month profit | 39.72% |
| 1-year profit | 40.98% |
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