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IRCTC, Tata Elxsi, Adani Total Gas, AEL: Can these bruised blue chip stocks mirror Suzlon Energy's stock rebound?

The article discusses the potential for a rebound in several blue-chip stocks in India, drawing parallels with the recent recovery of Suzlon Energy. Stocks like IRCTC, Tata Elxsi, Adani Total Gas, and AEL (Adani Enterprises Limited) are highlighted as having experienced significant declines but showing signs of recovery or potential for growth. IRCTC, despite a 20% drop from its peak, is seen as a strong candidate for recovery due to its monopoly in online railway ticketing and catering services. Tata Elxsi, after a 40% fall, is noted for its robust business in design and technology services, particularly in automotive and media sectors. Adani Total Gas, which saw a 75% drop, might benefit from the government's push towards cleaner energy. Lastly, AEL, despite a 60% decline, could rebound due to its diversified business interests and the Adani Group's strategic investments. The article suggests that these stocks, like Suzlon Energy, could see a turnaround if they manage to address their operational challenges and capitalize on market opportunities.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/topstories/irctc-tata-elxsi-adani-total-gas-ael-can-these-bruised-blue-chip-stocks-mirror-suzlon-energy-s-stock-rebound/ar-AA1vDxk2 ]