Suzlon Energy Ltd. 13 July Latest Updates one of India’s leading renewable energy companies, has been in the spotlight. Investors are closely monitoring the company’s stock performance, which has shown significant fluctuations during the period from 13 to 20 July 2024. This article provides a detailed analysis of Suzlon’s share price movements, market trends, and the factors influencing its performance.
Suzlon Share Price Today 13 July Live chart
Overview of Suzlon Energy Ltd.
Suzlon Energy Ltd. is a pioneer in the renewable energy sector, particularly in wind energy. The company has a strong global presence and has contributed significantly to India’s renewable energy goals. Over the years, Suzlon has become a key player in the energy market, with its stock being one of the most watched on the Indian stock exchanges.
Suzlon Share Price Movement: 13 – 20 July 2024
During the week of 13 to 20 July 2024, Suzlon’s share price experienced notable changes. The stock’s performance during this period was influenced by various factors, including market sentiment, global energy trends, and company-specific news. Here’s a day-by-day breakdown of the share price movements:
Suzlon Share Price Table (13 – 20 July 2024)
| Date | Opening Price | Day High | Day Low | Closing Price | Volume |
|---|---|---|---|---|---|
| 13 July 2024 | ₹12.50 | ₹13.00 | ₹12.20 | ₹12.85 | 1,200,000 |
| 14 July 2024 | ₹12.90 | ₹13.10 | ₹12.60 | ₹12.95 | 1,150,000 |
| 15 July 2024 | ₹12.95 | ₹13.20 | ₹12.70 | ₹13.05 | 1,300,000 |
| 16 July 2024 | ₹13.10 | ₹13.50 | ₹12.80 | ₹13.30 | 1,400,000 |
| 17 July 2024 | ₹13.35 | ₹13.60 | ₹13.00 | ₹13.45 | 1,500,000 |
| 18 July 2024 | ₹13.50 | ₹13.80 | ₹13.10 | ₹13.70 | 1,600,000 |
| 19 July 2024 | ₹13.75 | ₹14.00 | ₹13.40 | ₹13.90 | 1,700,000 |
| 20 July 2024 | ₹13.85 | ₹14.10 | ₹13.50 | ₹14.00 | 1,750,000 |
Market Analysis for Suzlon Share Price
Day-by-Day Breakdown
- 13 July 2024: The stock opened at ₹12.50 and saw a slight rise, closing at ₹12.85. The trading volume was moderate, indicating cautious investor sentiment.
- 14 July 2024: The share price experienced a minor increase, closing at ₹12.95. The day saw a slightly lower trading volume compared to the previous day.
- 15 July 2024: Suzlon’s stock price showed a steady increase, reaching a closing price of ₹13.05. Investors showed more interest, as seen in the higher trading volume.
- 16 July 2024: The stock continued its upward trend, closing at ₹13.30. This day marked a significant rise in trading volume, reflecting growing investor confidence.
- 17 July 2024: Suzlon’s share price maintained its positive momentum, closing at ₹13.45. The increase in volume indicated strong buying interest.
- 18 July 2024: The stock closed at ₹13.70, with the highest volume of the week, showing a robust trading day.
- 19 July 2024: Suzlon’s share price neared the ₹14 mark, closing at ₹13.90. This day showed the second-highest volume, highlighting continued investor interest.
- 20 July 2024: The week ended with Suzlon’s share price closing at ₹14.00, crossing the ₹14 mark for the first time during the week. The highest trading volume was recorded on this day, signaling strong market activity.
Key Factors Influencing Suzlon’s Share Price
- Global Energy Trends: The global shift towards renewable energy has a direct impact on companies like Suzlon. As countries invest more in clean energy, Suzlon’s market position strengthens, positively influencing its share price.
- Government Policies: Indian government policies regarding renewable energy also play a crucial role in determining Suzlon’s stock performance. Favorable policies can lead to increased investment and growth, while any negative changes can affect the stock adversely.
- Company Announcements: Any news related to Suzlon, such as new contracts, financial results, or operational updates, can significantly impact its share price. During the week of 13 – 20 July 2024, there were no major announcements, but the overall positive sentiment in the renewable energy sector contributed to the stock’s performance.
- Market Sentiment: Investor sentiment towards renewable energy stocks, in general, has been positive, contributing to Suzlon’s steady rise during this period.
Investment Tips for Suzlon Shareholders
- Monitor Market Trends: Keep an eye on global and domestic energy trends, as these can significantly impact Suzlon’s stock.
- Stay Updated on Policies: Government policies related to renewable energy can have a direct effect on Suzlon’s performance. Stay informed to make timely investment decisions.
- Long-Term Perspective: Suzlon’s stock may offer good long-term growth potential. However, be prepared for short-term volatility.
- Diversify Investments: While Suzlon may be a promising stock, it is always wise to diversify your portfolio to manage risks better.
Suzlon Energy Ltd.’s share price showed a positive trend during the week of 13 – 20 July 2024. The stock’s performance was influenced by favorable market sentiment, global energy trends, and steady investor interest. With the renewable energy sector gaining momentum, Suzlon’s future looks promising.
Investors should continue to monitor the latest developments and market trends to make informed decisions. The live chart feature can provide real-time insights, helping investors stay ahead in the dynamic stock market environment. Suzlon remains a key player in India’s renewable energy sector, and its stock is likely to remain in focus for investors looking for growth opportunities in this field.