Suzlon Energy Rallies On Renom Acquisition; Shares Rise 292% In A Year, More Steam Left?

Suzlon Energy Rallies On Renom Acquisition; Shares Rise 292% In A Year, More Steam Left?

Shares of Suzlon Energy hit a 5 per cent upper circuit to scale a multi-year high of Rs 73.05 on NSE. The recent surge comes after the renewable energy player signed definitive agreements for acquisition of 76 per cent stake in Renom Energy Services from the Sanjay Ghodawat Group (SGG). Renom is the largest Multi … Read more