Shares of Suzlon Energy continue to remain in the spotlight on Dalal Street and the brokerage firms continue to remain positive on the stock even after the recent recovery in the counter.
Suzlon Energy is seen favorably trading at FY26E PEG ratio of 0.6 times, below other domestic capital goods peers such as Thermax (2.5 times), ABB India (6 times), and CG Power (1.9 times).
An analyst from Arihant Capital Markets has suggested his views on select largercap stocks including Suzlon Energy, YES Bank and Bharat Heavy Electricals (BHEL).
Suzlon Energy share price: Domestic brokerage firm JM Financial has recently cut its target price on the renewable energy player post its visit to the company’s nacelle and hub assembly plant at Daman.
Suzlon Energy share priec today: The multibagger stock gained 5.46% to Rs 54.98 in the current session on BSE. Market cap of the firm climbed to Rs 74,411 crore in the current session.
Tata Elxsi, IEX, HFCL, GSFC, Titagarh Rail, Ircon International, Tanla Platforms, RBL Bank and Suzlon Energy are among stocks that have lost 38-63 per cent of their market values since their one-year high levels.
Suzlon Energy share price: The stock tumbled 5.01 per cent to hit an intraday low of Rs 49.50. At this price, it has slumped 9.25 per cent in just two trading days.
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