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Feb 17, 2012, 12.12 PM IST

JPMorgan downgrade Suzlon to underweight

JPMorgan has downgraded Suzlon Energy to underweight and also cut target price to Rs 20 from Rs 61, reports CNBC-TV18.

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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.


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