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Suzlon Energy shares jump 5% on ₹550 crore investment plan

Original: suzlon

Suzlon Energy shares rose about 5% in Indian trading after the wind turbine maker announced a ₹550 crore investment plan. Motilal Oswal Financial Services said the stock's valuation looks attractive, adding to investor optimism. Traders are watching whether the renewable energy company can build on the momentum as interest in India's wind power sector grows.

Why now: The stock's sharp rise on fresh investment plans and a positive broker note is drawing investor attention.

Suzlon EnergyMotilal Oswal Financial ServicesIndia

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Evidence

• Suzlon jumps 5% on ₹550 cr investment plan; MOFSL says valuation attractive · Business Standard

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