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Nuvama upgrades Suzlon Energy to 'buy' due to positive factors in the renewable energy sector.
Summary
Suzlon Energy's stock correction has led to a 'buy' rating from Nuvama and other brokerages. This upgrade is based on positive factors like sector visibility, order inflows, export potential, and capacity expansion. This news is relevant for understanding market trends and the renewable energy sector.
Key Points
- Suzlon Energy shares experienced a correction.
- Nuvama upgraded the stock to 'buy'.
- Reasons for upgrade include sector visibility and order inflows.
- Export potential and expanding manufacturing capacity are also cited.
- The article is about the stock market and the renewable energy sector.
Full Article
Suzlon Energy’s sharp correction has prompted Nuvama and other brokerages to turn bullish, citing improving sector visibility, strong order inflows, export potential, and expanding manufacturing capacity, even as the stock trades below key technical levels.
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