Experts predict further upside in Suzlon share price, advising investors to hold the energy scrip with a stop loss at ₹45 apiece, with potential levels of ₹55 and ₹60 per share in the short term
Shares of Suzlon Energy rose another 5 per cent to Rs 48.31, hitting its 52-week high, at Rs 48.31 on Thursday, with a total market capitalization of more than Rs 65,500 crore.
Suzlon Group, India's foremost provider of renewable energy solutions, has recently secured a significant order for the development of a 100.8 MW wind power project. The order comes from the Indian subsidiary of a leading Nordic Energy Company, solidifying Suzlon's position in the renewable energy sector., Companies News, Times Now
With the recent upward journey, Hero MotoCorp went closer to its high of February 2021 (Rs 3,629). The stock formed strong bullish candlestick pattern with minute upper shadow on the daily scale with healthy volumes.
Suzlon Energy was among HDFC AMC and Bandhan MF's top reductions for October. Mutual funds held a total of 4.70 per cent stake in the company at the end of September quarter, BSE data showed.