Stock Market LIVE Updates | Three Mutual Funds Buy Suzlon Shares In August After 130% Rally - Find Out Who Else Owns A Stake
Shares of Suzlon Energy have surged over 130 percent so far in 2023. The wind turbine manufacturer ranks among the top performers on the Nifty 500 index so far this year.
The recent rally in the stock has brought it to the notice of multiple analysts on the street. JM Financial recently initiated coverage on the stock with a buy recommendation and a price target of Rs 30 by the end of 2024. You can read more on that here.
However, recently released mutual fund data showcases that three mutual funds bought shares of Suzlon in the month of August. Two of them have initiated fresh buys on the stock, while one has increased its stake, according to data from Accord Fintech.
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