Suzlon Energy Share Price: Suzlon shares rally 5% as Morgan Stanley takes overweight stance after NTPC order win

Suzlon Energy Share Price: Suzlon shares rally 5% as Morgan Stanley takes overweight stance after NTPC order win

Suzlon Energy shares hit a 5% upper circuit in Tuesday’s intraday session to its day’s high of Rs 78.05 on BSE after the global brokerage firm maintained its overweight rating on the stock with a target price of Rs 73 as the company won a 1,166 MW order from NTPC Green Energy. Suzlon has gained … Read more

ITC may munch on Peak XV’s 47% stake in Prataap Snacks

ITC may munch on Peak XV’s 47% stake in Prataap Snacks

ITC is evaluating the purchase of a 47% stake held by Peak XV Partners (formerly Sequoia Capital) in listed Prataap Snacks, said people with knowledge of the matter. This follows the failure of talks with Haldiram’s owing to a valuation mismatch. Prataap is best known for Yellow Diamond chips and traditional Indian namkeen under the … Read more