Intraday Buy Call For Suzlon Energy

Intraday Buy Call For Suzlon EnergyTechnical Analyst Sudarshan Sukhani is bullish on Suzlon Energy and maintained 'buy' rating on the stock to achieve an intraday target of Rs 73.

According to him, interested traders can purchase the stock with a stop loss of Rs 70.

The shares of the bank, on April 23, closed at Rs 71.10 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 145.85 and a low of Rs 55.60 on BSE.

Current EPS & P/E ratio stood at 0.89 and 80.81 respectively.

State Bank of India, on April 23, announced that it has become the first financial services entity in India to enter green power by establishing wind mills for captive use.

This plan, in affiliation with Suzlon Energy, will be finished within four months.

SBI has determined to set up 10 wind mills in Gujarat, Maharashtra and Tamil Nadu during the initial stage to produce power for select branches in these 3 states.

On April 20, REpower System, in which Suzlon Energy holds the majority stake with more than 90% holding, has concluded a deal with Al Yel Elektrik, an arm of Akuo Energy, for delivering 44 wind turbines for a projectin Turkey.