[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 January 28: Can the Nifty bulls prevent a fall to 22,500 amidst Wall Street meltdown? – CNBC TV18
[ad_1] After showing weakness from Friday’s highs, the Nifty50 witnessed a sharp sell-off on Monday, closing at a 7-month low. The index managed to hold levels above 22,800 but ended the day 263 points lower at 22,829, with 42 out of 50 stocks closing in the red. Company Value Change %Change The Indian equity markets […]
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 […]
‘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 […]
Suzlon Energy shares surge 5% to snap a five-day losing streak – CNBC TV18
[ad_1] Shares of Suzlon Energy Ltd. are up 5% on Thursday, November 14, having snapped a five-day losing streak, during which shares had declined over 22%. Suzlon shares had ended 9% lower on Wednesday, extending its losses for the fifth day in a row. The five-day fall in shares of Suzlon had also come on […]
Suzlon Energy shares get a downgrade from Morgan Stanley after stock doubles in six months – CNBC TV18
[ad_1] Shares of Suzlon Energy Ltd. have been downgraded by brokerage firm Morgan Stanley to “equalweight” from its earlier rating of “overweight.” However, the brokerage has raised its price target on the wind energy solutions provider to ₹88 per share from ₹73 earlier. The revised price target still implies a potential upside of 8% from […]
Upper Circuit Stocks: Suzlon Energy shares up 5% for the second day running, near recent highs – CNBC TV18
[ad_1] Shares of Suzlon Energy Ltd., the wind energy solutions provider are locked in an upper circuit of 5% for the second day in a row. With this, the stock is now nearing its recent highs of ₹84.29, which it had hit on August 13 before a brief period of consolidation. The two-day rebound in […]
‘Exit Suzlon’ if it closes below this level, advises this chartist – CNBC TV18
[ad_1] Sarvendra Srivastava, the chartist believes that one must exit positions in shares of Suzlon Energy Ltd. if they close below levels of ₹71 or ₹70. Currently, shares of Suzlon Energy are trading near levels of ₹80 at ₹78.55. The stock has doubled in value so far in 2024, gaining 104%. Srivastava, while answering a […]