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Suzlon Energy shares crash 8% from fresh 52-week high; buy, sell or hold?

Shares of renewable energy firm Suzlon Energy Ltd scaled a fresh 52-week high for the fourth consecutive session today. Suzlon Energy stock gained 4.3% to Rs 27, a fresh yearly high on BSE. With today’s rally, Suzlon Energy shares have climbed over 20% in the last four sessions. The stock closed at Rs 22.38 on August 25. Since then, it has gained Rs 4.6 or 20.55% this week. Later, the stock slipped 8.51% from 52-week high to Rs 24.70 on BSE. At 9:28 am, the Suzlon Energy stock was trading 4.17% lower at Rs 24.81. ....

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Suzlon Energy shares at Rs 30? JM Financial sees 37% upside on stock by September 2024

Suzlon Energy’s target price suggests a 37 per cent potential upside for the renewable energy solution provider over its Friday's intraday price of Rs 21.94 apiece .

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