Suzlon Energy, country's largest wind turbine supplier, rose 3.5 percent on Wednesday after sources indicated that Indian lenders are eyeing a share of Suzlon's RE-Power cash flows.
We saw a good amount of short in banks, but we are not expecting meaningful downside, not upto the March results, Siddharth Bhamre of Angel broking tells CNBC-TV18.
Abhineet Anand from Antique stock broking, who tracks Suzlon closely, told CNBC-TV18 that the stock move is materially positive for Suzlon.