[ad_1] Brokerage firm Motilal Oswal has initiated coverage on Suzlon Energy Ltd., calling it a “bellwether” play on India’s wind energy potential. The initiation comes with a “buy” recommendation and a price target of ₹70 per share, which implies a potential upside of 21% from Monday’s closing levels. Motilal Oswal believes that wind energy is […]
Suzlon Energy explains why the stock went up over 5% on Wednesday – CNBC TV18
[ad_1] Shares of Suzlon Energy Ltd. had surged by 5% on Wednesday and are trading little changed on Thursday, March 20. The move prompted the exchanges to seek clarification on the price movement. In a filing to the exchanges today, Suzlon Energy Company Secretary Geetanjali S. Vaidya stated that the company is unaware of any […]
‘Buy Suzlon Energy’ shares, Investec recommends with 30% upside potential – CNBC TV18
[ad_1] Brokerage firm Investec has initiated coverage on Suzlon Energy Ltd. with a “buy” rating and a price target of ₹70 per share. The price target implies a potential upside of 30% from Thursday’s closing levels. Company Value Change %Change Suzlon Energy shares have corrected 37% from their 2024 peak of ₹86. Investec believes that […]
Trade Setup for February 13: Nifty can rebound to 23,600 only on sustaining above a key level – CNBC TV18
[ad_1] The Indian equity market demonstrated resilience in a highly volatile session, though ultimately closing marginally lower. After showing a sharp decline in the last five sessions, the Nifty witnessed high volatility and a smart upside recovery on Wednesday. The index extended its downward trend for the sixth straight session, but the day’s trading pattern […]
Trade Setup for January 29: Nifty texture remains sell on rallies as broader markets remain under pressure – CNBC TV18
[ad_1] After two consecutive days of decline, the Nifty50 index experienced a relief rally, witnessing a strong recovery in the early session. Following a gap-up opening of 131 points, the Nifty continued to rise, reaching an intraday high of 23,137.95. However, profit-booking in the final hours trimmed the gains. Company Value Change %Change In the […]
Suzlon Energy Q3 Results: Net profit jumps 91%, margin expands with record deliveries – CNBC TV18
[ad_1] Suzlon Energy Ltd. reported its December quarter results after market hours on Tuesday, January 28, which were higher on a year-on-year basis on all fronts, amidst record deliveries in a quarter. Company Value Change %Change Suzlon’s net profit nearly doubled from the same quarter last year to ₹387 crore. A marginal contribution to the […]
Suzlon Order Win: Gets fifth order from Torrent Power worth 486 MW in Gujarat – CNBC TV18
[ad_1] Suzlon Energy Ltd. announced on Friday, January 24, that its collaboration with Torrent Power Ltd. has won an hybrid order worth 486 MW. With this order win, the collaboration now powers 1 GW of wind energy in India, it said in an exchange filing. Company Value Change %Change As per the agreement, Suzlon will […]
Suzlon Energy to get ₹173 crore income tax refund after ITAT rules in favour of company – CNBC TV18
[ad_1] Suzlon Energy Ltd.’s shares recovered from the lows of the day on Monday, December 30, after the company announced that it will receive an income tax refund worth ₹173 crore after a favourable judgement from the Income Tax Appellate Tribunal (ITAT). Company Value Change %Change In its exchange filing, Suzlon said that the company […]
Suzlon Energy shares in 5% upper circuit for 4th straight day; Stock up 22% from recent lows – CNBC TV18
[ad_1] Shares of Suzlon Energy Ltd. are locked in an upper circuit of 5% at ₹65.33 on Thursday, November 21. The stock has gained for four days in a row. With today’s surge, the stock is up 22% from recent lows. On the charts, Suzlon’s Relative Strength Index (RSI) stood at 42.7 . An RSI […]
‘Buy Suzlon’, says Morgan Stanley after stock corrects sharply from peak – CNBC TV18
[ad_1] Brokerage firm Morgan Stanley has upgraded shares of wind energy solutions provider Suzlon Energy Ltd. to “overweight” from its earlier rating of “equalweight” on Tuesday, November 19. Morgan Stanley has retained its price target on Suzlon at ₹71, which implies a potential upside of 20% from Monday’s closing levels. The brokerage wrote in its […]