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Feb 17, 2012, 12.12 PM IST | Source: Moneycontrol.com

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.

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.

READ MORE ON  JPMorgan, Suzlon Energy
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