Suzlon Energy Loses ‘Buy’ Rating as MarketsMOJO Turns Cautious Despite Strong Earnings Growth
Summary Suzlon Energy has returned to the spotlight after MarketsMOJO revised its rating on the renewable energy company from Buy to Hold. The revision comes despite continued earnings growth, healthy profitability and strong institutional ownership, indicating that valuation and technical factors have started influencing the stock’s near-term outlook. A strong balance sheet and consistent earnings … Read more