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'Buy Suzlon', says Morgan Stanley after stock corrects sharply from peak 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 โน71, which implies a potential upside of 20% from Monday's closing levels. The brokerage wrote in its note that the steep correction seen in shares of Suzlon is an opportunity for shareholders to accumulate the stock. As of the November 13 low, shares of Suzlon had corrected 38% from their recent peak of โน86.04. The 9% drop seen in the stock price on Wednesday led to Suzlon's price band being revised back to 5% from 10% earlier. Morgan Stanley believes that Suzlon has a strong business moat and that, coupled with the growth opportunity for wind Original Equipment Manufacturers (OEMs) are strong factors behind its bullish st ...... click below ๐ the link to know more
Founder And CEO Of F...ย โขย 1y
Shares of the Bombay Stock Exchange (BSE), one of Asiaโs oldest stock exchanges, witnessed a 7% drop in intraday trading on Wednesday, October 16, 2024, sliding to โน4,419 per share. The decline followed a downgrade by global brokerage firm Jefferies,
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After a muted IPO and listing, EV major Ather Energy ended its first trading session 7.22% below its listing price at INR 302.50 on the BSE. Compared to its IPO price of INR 321, the companyโs shares crashed 5.76%. Earlier today, the shares of the E
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Suzlon Energy next Multibagger? Recently I bought Suzlon energy for a swing trade and booked partial profits and decided to hold the remaining stocks for long term because I strongly believe Renewable energy is the future. Suzlon is India's leading
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Founder And CEO Of F...ย โขย 1y
Waaree Energies shares make strong debut, list at โน2,500 on NSE, up 66.3% over IPO price . . Shares of Waaree Energies made a strong on the bourses on Monday, October 28, listing at โน2,500 on NSE, a premium of 66.33 percent to the issue price of โน1,5
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Ather Energy Shares Rebound Post IPO Debut: What Investors Should Know Ather Energy's stock experienced a notable recovery following its initial public offering (IPO) debut. After opening at โน289.90 on the BSE, the share price climbed to an intraday
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