Suzlon Energy rises 6.5% to 4-month high as Street spots multiple tailwinds; stock surges 45% in April

Extending its upward momentum, shares of Suzlon Energy gained another 6.6% in Monday’s intraday trade, 27 April, to hit a four-month high of ₹57.48 apiece, as the wind energy player continued to attract aggressive buying, with the Street now pointing to a combination of operational, seasonal and geopolitical triggers behind the move.

The rally has also lifted the stock’s April gains to a massive 45% and puts it on track to snap a five-month losing streak, during which it had declined 33%.