Suzlon Energy Ltd soars 1.16%, rises for third straight session

Suzlon Energy Ltd rose for a third straight session today. The stock is quoting at Rs 58.49, up 1.16% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.85% on the day, quoting at 25912.35. The Sensex is at 84598.03, up 0.87%. Suzlon Energy Ltd has added around 7.62% in last one month.

Meanwhile, Nifty Energy index of which Suzlon Energy Ltd is a constituent, has added around 2.9% in last one month and is currently quoting at 36069.85, up 0.67% on the day. The volume in the stock stood at 277.76 lakh shares today, compared to the daily average of 911.92 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 58.73, up 1.14% on the day. Suzlon Energy Ltd is up 8.25% in last one year as compared to a 9.99% gain in NIFTY and a 2.16% gain in the Nifty Energy index.

The PE of the stock is 26.06 based on TTM earnings ending September 25.

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