Summary

  • Suzlon Energy, a renewable energy solutions provider, is expected to become debt-free, bringing relief to investors.
  • The company has increased its production and is clearing its debt, making it an important company in the future.
  • Technical analysis suggests a stop loss between ₹15-17, with a potential increase in stock price to ₹21-23.
  • Valuation of the company seems overvalued, but the EPS is improving and brokers are advising the stock to reach ₹26-34.

News Summary

  • Suzlon Energy is expected to become debt-free, providing relief to investors.
  • The company’s stock price has decreased significantly from its peak in 2007-08.
  • Increased production and clearing of debt are positive indicators for the company’s future.
  • Technical analysis suggests a potential increase in stock price.
  • Brokers are advising the stock to reach ₹26-34.

Note: The news summary is provided in bullet points at the end of the content.

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