Suzlon Energy Stock: Buckle Up! Investors Predict Potential Doubling in Value!

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.