Suzlon Energy has seen a sharp rebound with improving technical indicators, but analysts caution against aggressive buying as the stock enters overbought territory. While structural tailwinds from rising power demand and wind energy prospects support the long-term outlook, near-term consolidation or correction is likely, making a buy-on-dips strategy more prudent for investors.
Suzlon Energy shares drop 2% after 35% rally in April so far. Should you buy?
ET Markets·ET Markets··1 min read
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