Suzlon Energy Ltd Stock Performance

Shares fell 1.06% to close at ₹54.35 (down from ₹54.29 previous day), marking a fifth straight session of declines and ~29% pullback from 52-week high. Intraday range: ₹53.72-₹54.48, with market cap at ₹74,505 crore. The stock trades at 36x P/E (TTM) and 13.98x book value, with promoter holding at 11.74% (down from 13.25% QoQ). Brokerages like JM Financial trimmed targets to ₹66 (from higher levels) while maintaining 'Buy', citing Q2 execution challenges but strong pipeline. Technicals indicate support at ₹53, with resistance at ₹56.