Suzlon Share Price | Suzlon stock rating upgrade, share in oversold zone, important advice from experts – NSE: SUZLON
Suzlon Share Price | Shares of Suzlon Energy Limited Company (NSE: SUZLON) A big rise was seen on Thursday 14 November. The stock had gained 5 per cent to Rs 56.73 on Thursday, October 14. Suzlon shares opened at Rs 54.03 on Thursday. The stock touched a high of Rs 56.73 and a low of Rs 53.65 during the day. (Suzlon Energy Limited Company Excerpt)
52 week high price of Suzlon Energy shares is Rs. 86.04 and 52 week floor price was Rs. Was 33.90. Suzlon stock hit Rs. 80 to Rs. Has moved towards 56. Suzlon stock has been falling rapidly for the last few days, due to which investors are worried. On Monday (18 November 2024), the stock was trading at Rs 59.3, up 4.49%.
Suzlon Energy Stock Status
The decline in Suzlon Energy shares has not stopped in the last few days. Suzlon stock has given 2,421% returns to long term investors. But now Suzlon stock is trading at a weak level. Suzlon stock has fallen 20% in the last week. The stock has also declined 24.41% in the last month.
Stock in oversold zone
The Relative Strength Index on Suzlon stock chart is at 23, putting Suzlon stock in the oversold zone. A Relative Strength Index less than 30 means that Suzlon stock is in the oversold zone. At the end of July 2024, the Relative Strength Index of Suzlon stock stood at 86. Due to the recent fall, Suzlon shares have now fallen below their 200-day moving average, which stood at Rs 56.65. The stock market has recently increased the circuit limit of Suzlon Energy shares from 5 percent to 10 percent. Five stock market experts have given HOLD rating to the stock, while two experts have given BUY rating.
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