Suzlon Energy’s Stock Performance: A Look Ahead
After a robust buying spree in April 2025, Suzlon Energy has seen its share price diminish significantly during the recent stock market downturn. Nevertheless, the shares remain over 50% higher than their 52-week low, positioning it as a potential target for investors eager for bargains when trading resumes on Monday. With a solid foundation of growth and recovery, Suzlon Energy is worth keeping an eye on.
Strong Business Growth and Financial Highlights
According to market analysts, Suzlon Energy exhibits remarkable growth, supported by a record-high order book visibility that exceeds 5.5 GW and ambitious manufacturing expansion plans. Here are some key financial highlights:
- 91% year-over-year revenue increase
- 102% surge in EBITDA
- Profit After Tax (PAT) of ₹388 crores
These figures signify a robust turnaround, leading experts to predict that the Suzlon share price could reach ₹70 in the medium term. Investors are encouraged to adopt a "buy-on-dips" approach, particularly looking for opportunities around the ₹51 mark.
Market Resilience and Strategic Focus
Seema Srivastava, a seasoned analyst at SMC Global Securities, emphasizes that despite challenges such as land acquisition delays and transmission issues within the sector, Suzlon’s non-EPC heavy order book and strong operational and maintenance (O&M) capabilities (boasting 15 GW with a 96% availability rate) contribute to its resilience.
With India aiming for 400 GW of renewable energy by 2047, Suzlon’s focus on the Commercial and Industrial (C&I) segments, along with strategic partnerships with major players like NTPC and Jindal, enhances its growth potential. The company’s management has provided stable margin guidance, projecting a 20% contribution margin and a 40% O&M margin, making it an attractive mid-to-long-term investment opportunity despite some execution risks.
Future Price Projections for Suzlon Shares
On the outlook for Suzlon’s stock, Sugandha Sachdeva, founder of SS WealthStreet, notes that the share price has rebounded sharply after forming a double-bottom pattern near ₹46.50 earlier this month. The stock has surged over 30%, recently peaking at ₹61.58, indicating renewed investor enthusiasm and bullish sentiment.
However, Sachdeva warns that unless the stock can break through the ₹61.50 barrier decisively, a brief pause in the rally may be imminent. A mild pullback is plausible after such an impressive rise from the ₹46.15 level. Still, the long-term technical outlook remains favorable. Any correction towards the ₹51 range is likely to attract new buying interest, bolstered by the overall strength of the renewables sector and the company’s improving fundamentals.
In conclusion, Suzlon Energy presents a bullish medium-term outlook, with potential price targets around ₹70, provided that key support levels hold firm. Investors would do well to stay vigilant and ready to seize opportunities as they arise.