New Delhi, March 25 -- Suzlon Energy shares have delivered a staggering 2,900 per cent return since the COVID-19 crash in March 2020, transforming into a multibagger penny stock. The renewable energy major, which was once a penny stock priced at Rs.1.93 in March 2020, closed at Rs.57.92 in the previous trading session on the BSE. This means an investment of Rs.10,000 in the stock during the pandemic lows would be worth around Rs.3,00,000 today.

The stock has also offered multibagger returns over the past three years, soaring 575 per cent. Over the last one year, it has gained 55 per cent. Notably, in March 2025 alone, the stock has surged nearly 17 per cent, bouncing back from five consecutive months of losses. During this losing streak,...