Suzlon Energy's Stock Sees Decline of -4.29% Amidst Stable Performance and 'Hold' Call from MarketsMOJO

Nov 08 2024 12:05 PM IST
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Suzlon Energy, a major player in renewable energy, has experienced a -4.29% decline in stock price on November 8th, 2024. This follows a downward trend over the past two days, with a consecutive fall of -6.56%. Despite underperforming the sector today, the stock has shown stability over the past month and a positive performance over the past year.

Suzlon Energy, a leading player in the renewable energy industry, has seen a decline in its stock price by -4.29% on November 8th, 2024. This comes after the stock has been on a downward trend for the past two days, with a consecutive fall of -6.56%. The stock touched an intraday low of Rs 64.57, representing a -3.4% decrease.

According to MarketsMOJO, a leading stock analysis platform, the current call for Suzlon Energy's stock is 'Hold'. The stock has underperformed the sector by -0.25% today and the renewable energy sector as a whole has fallen by -2.76%.

Despite the recent decline in stock price, Suzlon Energy's performance over the past month has been relatively stable, with a -13.11% decrease compared to the Sensex's -2.79% decrease. However, the stock's performance over the past year has been positive, with a higher than 200 day moving average.

It is important to note that this article is not making any recommendations or predictions about the future potential of Suzlon Energy's stock. The information provided is based on facts and data from reliable sources. As with any investment, it is important for individuals to conduct their own research and make informed decisions.
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