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Suzlon Energy shares jump 51 percent in weeks after March slump—what traders watch next

Business
Published on 28 April 2026
Suzlon Energy shares jump 51 percent in weeks after March slump—what traders watch next

Investors piling in as technicals hint at profit booking

Suzlon Energy shares have rallied more than 51% over the past seven weeks following a sharp March downturn. Analysts attribute the rebound partly to rising temperatures, which lift power demand. Momentum indicators stay strong, but traders are alert to possible near-term profit booking. Attention is on key support and resistance levels, alongside growing foreign and retail participation.

  • Suzlon shares surged over 51% after a March slump
  • Rising temperatures are cited as a boost to power demand
  • Strong momentum signals gains, but profit booking risk remains
  • Support and resistance levels plus FIIs and retail interest are in focus
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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