Suzlon Energy shares – Suzlon Energy share price targets buy sell or hold multibagger
Shares of Suzlon Energy Ltd have slipped 34% from their 52-week high in seven months. The multibagger stock hit a 52-week high of Rs 86.04 on September 12, 2024. Since then, it has been in a downtrend. Foreign investors trimmed their stake by 0.85% to 22.9% in the December 2024 quarter compared to 23.7% stake in the September 2024 quarter. That might have affected the stock’s direction during the period.
On the other hand, domestic institutional investors (DIIs) raised their stake to 9.3% in the December 2024 quarter compared with 9% in the preceding quarter.
The fall in the stock from its 52-week high comes despite the firm reporting a stellar set of earnings for both September and December 2024 quarter. The firm reported a 91%…
