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Suzlon Energy Outperforms Market as Benchmark Indices Slide

Suzlon Energy shares edged higher despite a weak broader market, supported by strong trading volumes and investor interest even as benchmarks declined.
Shares of traded higher on Friday, rising 0.87% to ₹53.76 by mid morning even as the BSE Sensex slipped nearly 186 points, reflecting selective buying interest. The stock had closed at ₹53.30 in the previous session and continues to attract volumes, with over 1.16 crore shares traded and turnover of about ₹62.9 crore by 10:35 AM. Suzlon is currently trading below its 52 week high of ₹74.30 and above its 52 week low of ₹46.15, while valuation metrics show a trailing P/E of 23.22 and a price to book multiple of 12.66.