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.
Dharmesh Shah sees strong support at 25,500–25,700; expects Nifty to rebound towards 26,100 soon
Indian markets saw pressure with Nifty dipping below key support. Analysts believe this is a healthy correction within a bull trend. Nifty is expected to