Technical analyst Anil Singhvi has maintained 'buy' rating on Suzlon Energy Limited stock with an intra-day target of Rs 56.

According to analyst, the investors can hold the stock with a stop loss of Rs 50.

The stock of the company, on December 01, closed at Rs 51.60 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 95.60 and a low of Rs 45 on BSE.

Current EPS is -9.07.

REpower Systems AG in which Suzlon Energy holds more than 90% stake inked two deals with Energiekontor UK Construction, which is wind energy company based in United Kingdom.

Moreover, REpower Systems entered into a deal with C-Power, the Belgian offshore project development company for delivering 48 of the REpower 6M type wind energy turbines.

Suzlon is a market head in Renewable Energy Resources section.

It offers up total solutions in Wind Power Generation with unified incorporation of consultancy, design, fabrication, mechanism, operation and maintenance services.

At present, the company is placed as fifth top wind turbine maker all over the world.

For its input in the wind energy segment, the company has been honored by the World Wind Energy Association.