Home Investment / Trading Trading Strategy Power Stock Under Rs 50, Suzlon Energy Share Price Today: 400% RETURN; Buy, Sell or Hold? Expert tells trading strategy – ET Now

Power Stock Under Rs 50, Suzlon Energy Share Price Today: 400% RETURN; Buy, Sell or Hold? Expert tells trading strategy – ET Now

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Power Stock Under Rs 50, Suzlon Energy Share Price Today: 400% RETURN; Buy, Sell or Hold? Expert tells trading strategy – ET Now
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Up to date Apr 15, 2024 | 01:43 PM IST

suzlon energy share price target

Shares of Suzlon Vitality have sprinted almost 52 per cent within the final six months and a whopping 404.45 per cent within the final one 12 months as per the BSE information.

(Picture: istock/ET Now Information)

Energy Inventory Beneath Rs 50, Suzlon Vitality Share Worth In the present day: Shares of Suzlon Vitality, a number one participant within the renewable vitality sector, have been buying and selling southward on the bourses amid the unfavourable market cues. Suzlon Vitality inventory began Monday’s buying and selling session at Rs 40.09, which was additionally the decrease circuit stage for the inventory on the BSE.

At round 1:00 PM, the inventory was quoted buying and selling at Rs 40.90, down 3.08 per cent from its earlier shut of Rs 42.20.

Suzlon Vitality Share Buying and selling Technique

Rajesh Palviya, Senior Vice President Analysis (Head Technical & Derivatives) at Axis Securities Restricted, has shared his technique for the Suzlon Vitality inventory. Throughout his unique interplay with ET Now Swadesh, Palviya mentioned that Suzlon Vitality had given an excellent efficiency just lately. “Nevertheless, we imagine that the subsequent transfer available in the market can be within the frontline area, so we won’t see the identical optimistic traction in Suzlon Vitality,” mentioned Palviya.

Palviya has suggested that no matter bounce the buyers get round Rs 43–45, they should verify again there to see how the inventory reacts. For now, in accordance with Palviya, Suzlon Vitality has good help at Rs 38. Palviya has really useful that buyers maintain the Suzlon Vitality shares with a cease loss on the help stage.

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Suzlon Vitality Share Worth Historical past

In keeping with the BSE analytics, Suzlon Vitality inventory has dropped 1.64 per cent within the final one week, whereas it gained 4.43 per cent within the final one month.

Shares of Suzlon Vitality have sprinted almost 52 per cent within the final six months and a whopping 404.45 per cent within the final one 12 months as per the BSE information.

Suzlon Vitality inventory has supplied a return of 298.54 per cent within the final two years, 840.32 per cent within the final three years, 506.39 per cent within the final 5 years and 222.35 per cent within the final ten years to its buyers, as per the information out there on the BSE.

Shares of Suzlon Vitality have been quoted at their 52-week excessive of Rs 506.39 on the BSE on February 2, 2024, whereas they have been seen on the 52-week low of Rs 7.91 on April 24, 2023.

Suzlon Vitality instructions a market cap of Rs 55,630.53 crore on the BSE as of April 15, 2024. The vitality answer supplier firm is a constituent of S&P BSE 500 index on the BSE.

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(Disclaimer: The above article is supposed for informational functions solely, and shouldn’t be thought of as any funding recommendation. ET NOW DIGITAL suggests its readers/viewers to seek the advice of their monetary advisors earlier than making any cash associated choices.)

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