Feb 17, 2012, 12.12 PM | Source: Moneycontrol.com
JPMorgan has downgraded Suzlon Energy to underweight and also cut target price to Rs 20 from Rs 61, reports CNBC-TV18.
It touched an intraday high of Rs 31 and an intraday low of Rs 29.80. At 11:06 hrs the share was quoting at Rs 30.30, up Rs 0.85, or 2.89%.
It was trading with volumes of 3,742,480 shares. In the previous trading session, the share closed up 1.73% or Rs 0.50 at Rs 29.45.