Suzlon's capital-raising plans aim to boost execution capacity and secure additional orders, aligning with its asset-light strategy, which involves selling non-core assets, a value-accretive move for the company.

Mukul Mahavir Agrawal and LIC back this recession-proof stock, which boasts strong promoter holding. It has outperformed Suzlon Energy and hit a fresh 52-week high on Tuesday.

Shares of the company gained more than 50 per cent in the last six months.

The company's clientele includes reputable and high-credit-worthy customers such as ONGC, Vedanta Ltd., and Reliance Industries Limited, as well as central and state government agencies.

Shares of the company have gained more than 10 per cent in the last six months.

A penny stock in the Renewable Energy Developer segment is surpassing the mighty Suzlon Energy in terms of returns. This introduces the concept of opportunity cost – the benefits foregone when choosing one alternative over another.

Penny stock below Rs 21: The next Suzlon-like move is possible in the stock; keep on watchlist! Suzlon Energy's remarkable journey from a single-digit stock to nearly touching the Rs 30-mark and scaling to near its 10-year high is nothing short of impressive. The question on everyone's mind now is whether another stock can replicate this success story.

Shares of the company have generated an impressive return of 300 per cent in the last two years.

The business stated that it has passed the 20GW wind energy installations milestone, with 12,467 wind turbines placed across 17 countries across six continents, solidifying Suzlon's position as a prominent participant in the global wind energy scene.

On Wednesday, the Sensex gained by 346 points to close at 57,960.09, while the Nifty 50 surged by 129 points to close at 17,080.70