New Delhi: Suzlon Energy share price jumped 3.42 per cent to Rs 51.97 on Friday. The stock, considered to be the darling of retail investors, has been soaring in the past few sessions. The Suzlon shares have rallied nearly 26 per cent over the last one month. Expressing his views on Suzlon share, Stock Market expert, Arun Mantri said, Suzlon have given share reversal on the charts in the recent past and is now trading above short term moving averages and 50 mark.
The overall trend of the stock is neutral and short term traders should keep a strict stop loss below 44 and hold on to the positions with target price of 55-57 in the near term, the he founder of Mantri Finmart said.
Suzlon Energy details on BSE as on 17 April
Previous Close:50.26
Open: 50.54
High: 52.18
Low: 50.54
VWAP: 51.54
52 Wk High: 74.30
52 Wk Low: 38.17
Upper Price Band: 55.28
Lower Price Band: 45.24
Price Band: No Band
TTQ (Lakh): 87.06
Turnover (Cr.): 44.87
2W Avg Qty`(Lakh): 77.49
Mcap Full (Cr.): 71,316.09
Mcap FF (Cr.): 62,940.16
EPS (TTM): 2.25 / 2.36 (Standalone / Consolidated)
CEPS (TTM): 2.38 / 2.59 (Standalone / Consolidated)
PE: 23.11 / 22.08 (Standalone / Consolidated)
ROE / PB: 79.58 / 18.37
This is a developing story. More details are awaited…
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