Suzlon Energy Intraday Buy Call

Suzlon Energy Intraday Buy Call Technical analyst Ashutosh Sarna has maintained 'buy' rating on Suzlon Energy Limited stock with targets of Rs 52 and 55.

According to analyst, the stock can be purchased with a stop loss of Rs 48.80.

The stock of the company, on January 28, closed at Rs 49.80 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 82.35 and a low of Rs 45 on BSE.

Current EPS is -9.07.

India's Suzlon Energy received a US$1.28bn order from Caparo Energy for 1000 mega watt of wind power ventures in the country.

Suzlon will supply its wind turbine models S88 and the novel S9X series 2.1MW.

Around half of this capacitance is planned to come online by March next year with the remaining due for commissioning a year afterward.

Suzlon Energy, via its abroad division Suzlon Energia Eolica do Brasil, has pocketed a deal from Martifer Renovaveis to establish, function and uphold a 218MW wind power project across Ceara and Rio Grande do Norte.

The company's arm will supply 104 units of its S88-2.1MW wind turbine for the project, which is said to be commissioned in segments by June next year.