Suzlon Energy share prices closed at ₹56.75 today (March 28), which is 0.95% lower than the opening price of ₹57.30. The opening price was also higher than yesterday’s (March 27) closing price of ₹57.01. At the same time, the opening price was ₹57.11 on March 27, with the closing price being ₹57.43 on March 26.
At midday, the share price stood at ₹57.14, which was slightly lower (by 0.27%) than the opening price. The midday price was also the lowest threshold till that time, although the peak was touched in the early trading hours at ₹58.30. The company stock will be in firm focus, with analysts expecting it to perform well going forward, especially with the upcoming wind energy boom in the country.
Suzlon Energy share prices are now at ₹57.14 as of midday, which is about 0.27% lower than the opening price of ₹57.30 today. The latter was higher than the closing price, although the midday figure indicates a slight drop. The midday price is the lowest threshold reached today, which could indicate a further downward slope to come.
However, the peak point achieved today by the stock in the early trading hours was ₹58.30. It remains to be seen how it does by the end of the trading day. Suzlon Energy has been in the news for its optimism regarding the growth of the industry and also the opinions of experts regarding how it is well-poised to ride the boom in wind energy across India.
Suzlon Energy share prices opened at ₹57.30 today, which was 0.61% higher than the closing price of ₹57.01 yesterday (March 27). The opening price on March 27 was ₹57.11, while the closing price on March 26 stood at ₹57.43. The fluctuating trends in the stock are to be noted carefully, even though Motilal Oswal initiated coverage for the stock with a Buy recommendation.
The company remains hugely optimistic about the sector’s future prospects in India, along with having a sizable order book and pipeline of upcoming bids in hand. These factors may drive the stock prices going forward.
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