Stock to buy, Dec. 10 -- Suzlon Energy share price have struggled over the past year, falling more than 30% from their peak and slipping 21% on a 1-year basis, placing the stock squarely in bear-market territory. Yet, despite the weak price action, leading domestic brokerages have turned upbeat, projecting as much as 55% upside from current levels.
The renewable energy stock has rebounded 14% from its 52-week low of Rs.46, but remains under pressure-down 24% in the past six months, 10% over the last three months and 9% in the past month. Even so, Suzlon retains a powerful long-term track record, delivering over 1,400% returns in five years, making it one of the market's standout multibaggers.
Major domestic brokerages are seeing the sto...
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