Mukul Agrawal, who is a big investor recognized around the world for his smart investments and a big winner due to fundamental changes, recently acquired a 1.04% stake in Suzlon Energy. Mukul Agrawal reportedly acquired stakes in Suzlon Energy for Rs 13 crore in the quarter ending June. The latest data on the pattern of participation shown by BSE says that large investors bought up to 13 million shares in Suzlon Energy, which underwent a big turnaround this week. You may be surprised to learn how much return this stock is generating this time. Let’s dive into the details and find out more details about Mukula Mahavir Agrawal’s latest achievement achieved through Suzlan Energy. Scroll down the page to read more details.
Mukul Agrawal Suzlon Energy
On Friday, shares of Suzlon Energy posted a 5% gain to a 52-week high of Rs 19.66 on the BSE. After reaching a stake of 1% or more in the company, the shareholder sample of BSE-listed companies reflects the share of individual investors. After witnessing the significant increase in the shares of Suzlon Energy, people began to know about the company. Suzlon Energy is reportedly based in Pune and is a provider of renewable energy solutions. Learn more about this company in the next section. Scroll down the page.
Suzlon Energy currently operates in 17 countries in Europe, Asia, Australia, Africa and the Americas. Suzlon Energy shares have been on a roll this week, rising more than 11% in 5 trading sessions. In fact, the company’s shares have clearly outperformed the S&P BSE Sensex, which has returned 0.94% over this period. Apart from this, Suzlon Energy shares also outperformed the sector with a return of 2.55% according to the S&P BSE Capital Goods Index. Continue reading this article to learn more about it.
Official social media manager Rakesha Jhunjhunwale posted: “Smart investors can predict when stocks will fall out of favor and become big winners due to fundamental changes. They receive calculated bets. In the case of Suzlon, Mukul Agrawal bought 13L shares when he was an outcast and reaped rich rewards. Inventories have increased by 220% compared to the previous year”. According to the report, Suzlon Energy will announce its June quarterly earnings on July 25, 2023. However, the company reported a net loss of Rs 5.92 crore against a loss of Rs 30.72 crore in the corresponding quarter of the previous fiscal year for the quarter ended March 31, 2023.
Categories: Trends
Source: HIS Education