{"id":105311,"date":"2023-07-17T16:08:34","date_gmt":"2023-07-17T10:38:34","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=105311"},"modified":"2023-07-17T16:08:36","modified_gmt":"2023-07-17T10:38:36","slug":"multibagger-stock-jumps-3-after-it-bags-100-8-mw-wind-power-project-check-the-details","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/multibagger-stock-jumps-3-after-it-bags-100-8-mw-wind-power-project-check-the-details\/","title":{"rendered":"Multibagger stock jumps 3% after it bags 100.8 MW wind power project; Check the details\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3733806910\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Shares of this mid-cap stock jumped around 3 percent after bagging a 100.8 MW wind power project. In the last one-month period, the scrip has gained over 25 percent from Rs 14.55 to the current price level.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-553842858\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>With a market capitalization of Rs 22,335 crores, the stocks of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/SUZLON\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Suzlon Energy Limited<\/a><\/strong> closed today at Rs 18.20 indicating a gain of 3 percent compared to the previous closing levels of Rs 17.70 apiece.\u00a0<\/p><p>Since the end of March 2023, the company\u2019s stock has been successful in delivering multibagger returns of 160 percent to its stakeholders. It means if someone would have invested Rs 1 Lakh into the stock, it would have converted to Rs 2.60 Lakhs within the above-mentioned period.&nbsp;<\/p><p>In a recent regulatory filing with the Bombay Stock Exchange (BSE), the company announced that it has secured an order for the development of a 100.8 MW Wind Power project for \u2018Everrenew Energy Private Limited\u2019.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-577704812\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The company will install 48 wind turbine generators of 2.1 MW each in Trichy, Tamil Nadu. The same is expected to be commissioned in March\u201924.&nbsp;<\/p><p>Such a project could provide electricity to around 65,000 households and curb approximately 2.60 lakh tonnes of CO2 emissions per year.&nbsp;<\/p><p>The company, on a QoQ basis, has witnessed an increase in operating revenues as well as net profits. The operating revenues shifted from Rs 1,458 crores during Q3FY22-23 to Rs 1,694 crores during Q4FY22-23. The net profit figures, during the same time period, took a shift from Rs 78 crores to Rs 319 crores indicating an increase of nearly 310 percent.&nbsp;<\/p><p>Suzlon Energy Limited is involved in the provision of Renewable Energy solutions. Its product portfolio includes wind turbine generators and other related components. The sale of solar systems, wind turbines, and other parts forms a major part of the company\u2019s revenue. It generates income from domestic as well as international operations.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Amit Madnani<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-1801495017\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Shares of this mid-cap stock jumped around 3 percent after bagging a 100.8 MW wind power project. In the last one-month period, the scrip has gained over 25 percent from Rs 14.55 to the current price level.&nbsp; With a market capitalization of Rs 22,335 crores, the stocks of Suzlon Energy Limited closed today at Rs [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":13572,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[948,936,9460,9462,9459,9461],"class_list":["post-105311","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-stock-market","tag-stock-market-news","tag-suzlon-energy-latest-news","tag-suzlon-energy-orders","tag-suzlon-energy-share-price","tag-why-is-suzlon-energy-going-up"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Multibagger stock jumps 3% after it bags 100.8 MW wind power project; Check the details\u00a0 - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Shares of this mid-cap stock jumped around 3 percent after bagging a 100.8 MW wind power project. 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