Suzlon Energy's Stock Performance Soars, Rated as 'Buy' by Leading Platform

Suzlon Energy, a leading player in the renewable energy industry, has seen a positive trend in its stock performance. On May 22, 2024, the company's stock gained 4.47%, outperforming the sector by 3.43%. This is a significant increase for a largecap company like Suzlon Energy.

According to MarketsMOJO, a leading stock analysis and recommendation platform, Suzlon Energy's stock is currently rated as a 'Buy'. This is a positive sign for investors who are looking to invest in the renewable energy sector.

In terms of price performance, Suzlon Energy has been on a consecutive gain for the last 2 days, with a 6.9% increase in returns during this period. The stock also touched an intraday high of Rs 45.4, showing a 3.11% increase, and an intraday low of Rs 43.15, with a 2% decrease.

Moreover, Suzlon Energy's stock is currently trading higher than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages. This indicates a positive trend in the company's stock performance.

In comparison to the overall market performance, Suzlon Energy has outperformed the Sensex by 5.00% in the last 1 day and 13.11% in the last 1 month. This shows that the company's stock is performing well, even in a volatile market.

With its strong presence in the renewable energy industry and positive stock performance, Suzlon Energy is a company to watch out for in the coming days. Investors can consider adding this stock to their portfolio for potential long-term gains.