Despite the promising performance of the energy sector, Suzlon Energy Limited has notably lagged behind its counterparts. However, analysts perceive significant untapped potential within the company, foreseeing it as a prospective multi-bagger in the long term. Suzlon boasts robust sales figures and commands a substantial market capitalization, yet its stock price does not reflect its intrinsic value. Currently undergoing a gradual upward trajectory akin to a "turtle walk," Suzlon's stock is anticipated to reach a range of 100-150 within the year 2024. This notable ascent, considering its previous trading at a mere 7 rupees, underscores a compelling opportunity for investors to analyze its performance and consider its potential for growth.
- growth is improving - price action is changing - RS is improving - results are improving
So keep your eyes on this stock and listed in your watchlist make your own analysis and take action once you confirm with your freamwork.