Suzlon share price: Today’s price Updates of Suzlon energy share are closed at ₹38.64, up 0.6% from yesterday’s ₹38.41
Digital News Guru Business Desk: Suzlon stock price have risen up on 13 November 2023, on today by 1.04 percent which is closed at 38.41 per share. The highest price of the stock in the 52 week is Rs. 39.2 and the lowest price is the 52 week is Rs. 6.96.
The stock had a Bombay stock exchange (BSE) volume of 5,294, 171 shares. Today, on 13 November 2023, the low price is Rs. 37.8 and high price is Rs. 39.1, the share price of the Suzlon Energy of any stock is volatile and keeps changing throughout day owing to different factors.
About the Suzlon Energy Ltd:- The company was set up by the TulsiTanti, an Indian businessman incorporated in 1995 which was initially a small cap company having a market cap of Rs.51,592.09. It is an Indian multinational company of wind turbine manufacturer. The headquarters of the company is located in Pune, India.
Currently the chairman and Managing Director (MD) of the company is Vinod R. Tanti, who is serving from 7 October 2022 for a period of three years and the Chief Executive Officer (CEO) of the company is J.P. Chalasani. The company offers a 360- degree total solution package to its customers that covers spectrum of wind energy project.
The company was ranked at the 5th position as the world’s largest wind turbine supplier by ‘MAKE’ in its annual report and the other companies which were among the top five were – Vesta, Goldwin, Enercon, and Siemens in 2013. In America and EMEA (Europe, Middle-East, and Africa).The company also ranked among the top OEMs. The Suzlon Energy company also includes wind turbine generator, sale of services and other operating revenue.
What is PE and PB ratio of Suzlon Energy:- The (Price-to-earning) or PE ratio of the company is 90.22b and (Price-to-book) PB ratio is 40.08 in which the Price-to-earning ratio is the ratio of company’s stock price to its earning per share while Price-to-book ratio is the ratio of company’s market capitalisation to its book value. Traditionally, any value under 1.0 is considered desirable for value investors, indicating an undervalued stock may have been identified.
BSE vs. NSE: The Bombay Stock Exchange (BSE) is the oldest and first stock exchange in India and Asia. It was formerly known as the Native Share and Stock Brokers Association, which was established in 1875. It’s benchmark is Sensex 30, and in the BSE, around 7400 companies are listed. The global rank of the BSE is 10th.
While the National Stock Exchange (NSE) is a new and young stock exchange in India, It was established in 1992 and recognized by the SEBI in 1993 as a stock exchange. It launched the NIFTY 50 as a benchmark index in 1995–96. In NSE total listed companies are around 1790 and its global rank is 11th. Volumes of trade in the NSE are higher in comparison to the BSE, so in terms of liquidity, the NSE is a clear winner.
The NSE symbol of the company is ‘SUZLON’.
The top shareholders of the company are Tanti Holdings Pvt Ltd, Shanghvi Finance Pvt Ltd. The Vanguard Group
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