Suzlon Energy share price target: ICICI Securities has reiterated 'Buy' call on wind turbine manufacturer Suzlon Energy
Suzlon appoints Ajay Kapur as Group CEO and elevates J P Chalasani to its new Group Executive Council as the firm pursues its Suzlon 2.0 strategy to become a full-stack renewable energy provider
Renewable energy solution provider Suzlon on Tuesday appointed Ajay Kapur as the Group CEO. The company also elevated J P Chalasani to the newly formed Group Executive Council. Aligned with Suzlon 2.0 vision, Suzlon forms a Group Executive Council (GEC) to steer strategic direction and appoints Ajay Kapur as Group CEO to drive scale and business transformation across the group, the company said in a statement. An executive management council led by the Group CEO has also been formed to lead impactful transformation and sustainable growth of the group's businesses. This transition reflects the group's focus on structured succession and long-term value creation, while ensuring continuity in leadership and strategic direction. As part of the GEC, J P Chalasani will work closely with the Chairman & Managing Director and Executive Vice Chairman in shaping and driving key strategic initiatives across the Group. J P Chalasani will continue to be designated as a key managerial personnel
Wipro, Cyient, Hexaware Technologies, KPIT Technologies and L&T Technology Services from the IT sector and Info Edge (India) and C.E. Info Systems from the IT-related sector hit 52-week lows on Monday
Suzlon Energy posted a 15% rise in Q3 net profit and record deliveries, signalling strong demand for wind power despite a dip in its share price
Suzlon Energy on Thursday posted a nearly 15 per cent rise in its consolidated net profit to Rs 445 crore fot the December quarter mainly on the back of higher revenues. Its consolidated net profit was Rs 388 crore for the quarter ended December 31, 2024, a company statement said. Revenue from operations rose to Rs 4,228 crore from Rs 2,969 crore in the same period a year ago. In the third quarter, the company had a record orderbook of 6.4 GW with the highest-ever quarter deliveries at 617 MW while 2.4 GW execution is underway. Girish Tanti, Vice Chairman, Suzlon Group, said in the statement, "Key growth priorities under Suzlon 2.0 include launching DevCo as a standalone FDRE project development vertical, transforming OMS into a digital-first platform, setting up smart manufacturing facilities, and capitalising on global opportunities." As electric mobility gains traction, AI capacity expands, and industrial decarbonisation accelerates, the green transition is gaining significant
Although Suzlon Energy shares later pared some of their losses, they continue to trade lower on the bourses
The northward movement in Suzlon's stock followed the announcement that the company had secured the 248.85 MW wind energy order from ArcelorMittal
Home-grown renewable energy solutions provider Suzlon Group on Monday said it has appointed Paulo Fernando Soares as President of its Europe business to accelerate growth in the region. Soares joins the company after a short stint at Sany Renewables in Europe, where he was serving as Managing Director, Suzlon said in a statement. The company said it is strengthening its global leadership structure to drive the next phase of international growth under its Suzlon 2.0 strategy. With four decades of experience in the wind industry, Soares will lead Suzlon's European operations with a mandate to develop regional capabilities, forge strategic partnerships, strengthen customer engagement, and drive market access across Europe. His track record includes leadership roles in business development, sales, and operations, it said. Soares' role will also encompass building a robust organisational framework to ensure long-term success across European markets, the statement said, adding that he h
Motilal Oswal said the Nifty is trading at a 12-month forward P/E of 21.2x, near its long-period average of 20.8x, suggesting valuations are reasonable.
The brokerage's analysis of its universe of stocks revealed that after a prolonged period of earnings cuts, companies are beginning to report earnings upgrades.
Suzlon Energy stock: The brokerage has trimmed its target price to ₹60 from ₹66, reflecting a lower valuation multiple due to a temporary slowdown in central tendering activity.
Motilal Oswal has a 'Buy' rating on Suzlon Energy with a target price of ₹74, an upside potential of 43 per cent from the previous close
Despite global headwinds and subdued returns in Samvat 2081, analysts expect the coming year to offer selective opportunities across banking, consumption, infrastructure, and technology themes.
Persistent challenges around transmission connectivity, land acquisition, and right-of-way (RoW) are likely to cap India's wind additions at 7-8 GW annually from FY27
On an average, Suzlon and Transformers and Rectifiers (India) have delivered 48 per cent and 52 per cent gain in the last 5 December quarters, shows historical data.
Suzlon Group on Tuesday said it has secured an 838 MW order from Tata Power Renewable Energy, the largest order of this fiscal year, as part of its firm and dispatchable renewable energy project. This is also Suzlon's second-largest order ever, following the 1,544 MW order from NTPC Green Energy, and demonstrates the growing role of FDRE projects in accelerating India's energy transition, a company statement said. The 838 MW project will comprise 266 of Suzlon's S144 wind turbines, each with a rated capacity of 3.15 MW, strategically located across Karnataka (302 MW), Maharashtra (271 MW), and Tamil Nadu (265 MW). The project is part of the FDRE bids awarded to SJVN and NTPC. "As Tata Power Renewable Energy embarks on a strategic transformation to achieve 100% clean power by 2045, we're proud to support this ambitious journey with our advanced, 'Made in India' wind technology. Our partnership, spanning over a decade and marked by the third repeat order, underscores our shared ...
Tata Power Renewable Energy signed a contract with Suzlon Group for the supply of wind turbine generators totalling 838 MW
Among solar-related stocks, ACME Solar Holdings has surged up to 55% so far this year; technical charts hint at favourable bias for AMCE and other 2 solar energy-related shares.