After a remarkable 1,300% surge, Suzlon Energy’s shares are consolidating, signaling a potential shift in momentum despite a 980% return. Supported by financial restructuring, a strong order book, and a positive energy outlook, the company’s turnaround story is fueled by technical indicators and robust earnings. Brokerages initiate ‘Buy’ ratings, anticipating further growth in India’s renewable energy sector.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets