Suzlon's market share in India is expected to improve to 35-40 percent by FY27, according to Morgan Stanley, which also forecasts India’s wind additions to generate 32GW of demand worth $31 billion for wind OEMs between FY25 and FY30.Suzlon Energy shares surged 5 percent to hit the upper circuit limit of Rs 62.22 in early trade on November 19, marking a third consecutive day of gains, following ...

Check out the latest brokerage calls and analyst comments on the stocks in action today. Our coverage includes Glenmark Pharma, financial stocks, and more.Glenmark PharmaHSBC On Glenmark PharmaHold Call, Target Cut To `1,600/Sh From `1,660/ShQ2 Below Estimates, Mainly On Higher Overheads; Strong India Sales In Otherwise Lacklustre QuarterNew Launches And Supplies From Monroe Plant Key For Pick-Up ...

Suzlon Energy shares fell to 5 percent, extending losses for the eighth straight session. The sharp decline of over 12 percent in a week follows an ‘advisory cum warning’ letter issued by BSE and National Stock Exchange (NSE) earlier this month.This letter highlighted concerns regarding corporate governance practices after the resignation of independent director Marc Desaedeleer.Stock exchange...

Investor and trader WhatsApp groups are flush with doomsday predictions. And amid all of this, large blocks of shares are getting absorbed without a hitch. A 7 percent intra-day fall has been reversed in three trading sessions and retail investors simply can’t seem to have enough. A section of the market is wondering if this could be India’s version of the GameStop moment in the US, where inst...

Wind out of the sailsHNIs holding large positions in Suzlon shares are jittery. Reason: the resignation of independent director Marc Desaedeeler. Now, independent directors quitting rarely makes headlines. But in this case, Desaedeeler has flagged corporate governance issues on his way out. The story around the shift to renewables and debt reduction saw Suzlon shares more than treble over the last...