Suzlon shares crash 30% in 3 months! Will it bounce back, or more pain ahead? Explained with support, resistance
New Delhi, Sept. 25 -- Suzlon shares fell more than 1% on Friday, 25 September, amid news reports highlighting the company's focus on India's largely untapped wind repowering opportunity.
Suzlon shares have remained under pressure across multiple timeframes, declining 7.16% over the past week, 8.97% in two weeks and 13.92% over one month. The stock has fallen 29.60% in the last three months, while its year-to-date decline stands at 23.41%, highlighting the sustained weakness in the counter.
Speaking about the recent news development, Suzlon Group Vice Chairman and co-founder Girish Tanti said the repowering opportunity could be worth around 30 GW in India and 50 GW in Europe, describing it as one that has received relatively little atte...
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