Suzlon Energy share prices have touched ₹51.21 at the close, which indicates a fall of 3.50% in comparison to the opening price of ₹53.07 for 9th April. Very interestingly, the latter was lower than yesterday’s closing price by a negligible margin, which led to expectations of the stock holding onto stable prices by midday. However, those were dashed with a huge fall of 3.05% in prices to ₹51.45, and this happened after a peak at ₹53.47 and then a major plunge to ₹51.20.
The stock did close 2.31% lower than yesterday’s opening figures, and the same trend was seen today morning as well. However, the impact of order cancellations on the company’s order book and global market selloffs are factors that may keep impacting prices going forward.
After opening at ₹53.07 today (only 0.01% lower than yesterday’s closing price of ₹53.08), Suzlon Energy share prices have slipped sizably to ₹51.45, marking a fall of 3.05% from the opening threshold. It initially peaked at ₹53.47 and then came down sharply to ₹51.20 before going up slightly to reach the midday numbers. The stock has seen a huge plunge in value and it remains to be seen whether this trend will continue into the closing or not.
The stock closed 2.31% lower than the opening figures yesterday and the same trend continued today morning, although investors were hopeful of a turnaround after the stock held relatively steady at opening.
Suzlon Energy share prices have opened at ₹53.07 today, which is just 0.01% lower than the closing price of ₹53.08 yesterday (8th April). This means that the stock has held steady mostly despite broader market fluctuations and mixed sentiments resulting from fears of global market selloffs which may impact it down the line. Order cancellations have also been reported by the company although there is still some optimism regarding its future role in India’s wind boom.
The opening prices yesterday were ₹54.34 which were higher than the closing prices on 7th April and today marks a departure from the trend. The closing prices yesterday were also lower by 2.31% than the opening figures.
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