Suzlon Energy shareholders are counting losses this year. The multibagger stock which gained 468% in three years and zoomed 1437% in five years has fallen 19% this year. Suzlon Energy stock has also lost 20.25% in a year. Suzlon Energy shares have remained range-bound in the last one year, capping prospects of gains for the shareholders. Advertisement

The green energy stock is stuck in the bear trap confirms its simple moving averages. Suzlon Energy shares are trading lower than the 20 day, 30 day, 50 day, 100 day, 150 day, 200 day but higher than the 5 day and 10 day simple moving averages.

The debt-free multibagger stock rose nearly a per cent to Rs 53.20 in the morning session today. Suzlon Energy's market cap stood at Rs 72,603 crore. The green energy stock saw a turnover of Rs 11.

See Full Page