Suzlon Energy share prices have closed at ₹57.42 today (March 26), indicating a minor dip of 0.82% in comparison to the opening prices of ₹57.90 for the day. The opening and closing prices on March 25 stood at ₹58.46 and ₹57.57, respectively. The same trend of closing below the opening price has been repeated by the stock today.
On the other hand, the opening price on March 24 was ₹57.6,9, while the closing price was ₹57.91, in an instance where the stock closed above the opening price. At midday, it touched ₹57.45, which was slightly lower than the opening price, after touching a low of ₹56.41 and also peaking to ₹57.95 at one point. It remains to be seen which way the wind will blow for the stock, considering its upcoming bid pipeline and strong order book.
Suzlon Energy share prices have touched ₹57.45, which indicates a minor drop of 0.77% from the opening price of ₹57.90. The latter was higher by 0.57% in comparison to the previous closing price of ₹57.57. It did touch a low of ₹56.41 today before recovering to the current figures, although the graph has been mostly downward throughout the day.
At the same time, the peak point for the stock price has been ₹57.95 today, although temporarily. The stock could play out interestingly till the end of the trading day, given Suzlon Energy’s optimism regarding an industry revival and positive Buy ratings from leading brokerages.
Suzlon Energy shares opened on March 26 at ₹57.90 as compared to the closing price of ₹57.57 on March 25, indicating growth of 0.57%. The opening price of ₹58.46 on March 25 was higher than the closing price of ₹57.91 on March 24 (0.94% more), while the opening price of ₹57.69 on March 24 was more than the closing price of ₹56.90 on March 21. This means that the stock has been opening above the closing price for three straight days now.
The robust order book and upcoming bid pipeline of Suzlon Energy may continue impacting stock prices in the near future. The news of Motilal Oswal initiating coverage with the Buy rating is another development to watch out for in this space.
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
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