Shares of renewable energy major Suzlon Energy surged as much as 6.5% to an intraday high of Rs 59.25 on the BSE on Tuesday, extending gains for a fourth consecutive session. The stock has rallied nearly 11% over the past four trading sessions.
During its investor meet recently, Suzlon Energy laid out an ambitious roadmap for FY31, aiming to transform itself from a wind-focused company into a broader renewable energy platform. The company is targeting revenue growth of more than 25% CAGR over the period, while strengthening its leadership position in the domestic wind energy market.
