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Suzlon Energy Shares Drop Nearly 50% from Recent Peak

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Mumbai, Feb 21 (IANS) Shares of Suzlon Energy continued to remain under pressure with the stock falling nearly 50 per cent of its recent peak of Rs 86 per share.The stock was last seen around this level in May 2024 — reflecting cautious investor sentiment toward the counter that had earlier witnessed a strong rally between 2020 and 2024.On Friday, the company’s shares closed at Rs 44.38, down Rs 0.87 or 1.92 per cent, according to the official data.Over the last five days, the shares have dec…