News Preview
Suzlon shares crash over 20% in six months but experts predict a strong rebound - here's why | Target price, stop-loss
Suzlon shares have dropped by over 20% in the last six months, but experts predict a strong rebound.
The stock opened at ₹41.58 on Monday and touched an intraday low of ₹40.83, a dip of around 3%.
Experts attribute this decline to a slowdown in the wind energy sector and global headwinds.
However, they also point out that Suzlon's order book is strong and the company is well-positioned to benefit from the long-term growth in renewable energy.
Want to stay up to date with the world events at sea or at home?
Explore Navvyx News - the best News app for seafarers.