Branch² Intelligence
Suzlon Energy, Inox Wind Rated 'Buy' Ahead Of Q1 Results Despite A Seasonally Weak Quarter — Here's Why
Key takeaway
Brokerage rates Suzlon Energy and Inox Wind as 'Buy' ahead of Q1 results despite a seasonally weak quarter with declining wind capacity additions.
- Step 1Brokerage issues Buy rating on Suzlon and Inox Wind ahead of Q1 results, signaling confidence despite seasonal weakness.
- Step 2Positive sentiment drives share price appreciation and sector re-rating, attracting capital to wind energy.
- Step 3Sustained order execution in India increases demand for imported turbine components and engineering services from UK suppliers.
- Step 4UK wind supply chain SMEs see revenue uplift from Indian orders, partially offsetting domestic market softness.
Source: IN:NDTV Profit
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