UPSCSSCBANKINGSTATE-PSC
Brokerages are bullish on Suzlon Energy, anticipating a 55% upside due to strong order books and demand.
Summary
Several brokerages, including Anand Rathi, ICICI Securities, Motilal Oswal, and Nuvama, are bullish on Suzlon Energy, projecting a potential 55% upside. This positive outlook is attributed to strong order books, capacity expansion, and rising wind energy demand.
Key Points
- Suzlon Energy shares are being viewed positively by multiple brokerages.
- Brokerages project up to 55% upside for Suzlon.
- Key drivers for the positive outlook include strong order books and capacity expansion.
- Improving wind energy demand is also a contributing factor.
Full Article
Suzlon Energy shares remain in bear territory, but four major brokerages Anand Rathi, ICICI Securities, Motilal Oswal, and Nuvama have turned bullish, projecting up to 55% upside driven by strong order books, capacity expansion, export readiness, and improving wind energy demand.
#business#economy#upsc#banking#ssc#rbi