Suzlon’s peer company announces 3:1 bonus share; scrip hit fresh 52-week
Sat, Apr 27, 2024 10:21 AM

Suzlon’s peer company announces 3:1 bonus share; scrip hit fresh 52-week

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The stock gave multibagger returns of 536 per cent in 1 year whereas Suzon’s share price gained 414 per cent in the same period. Suzlon's peer company Inox Wind Limited, a prominent player in the renewable energy sector, has announced that the Board of Directors of the company has proposed the issuance of bonus shares of 3:1 (three bonus equity shares for every one existing equity share).

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