Suzlon Energy quoted higher for the third straight trading day, rallying 11 per cent to ₹59.25, its highest level since November 7, 2025.
Analysts view Suzlon's transition from a wind turbine manufacturer to a broader renewable energy solutions provider as a key growth driver, although successful execution remains critical.
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The company's 'Suzlon 2.0' strategy signals a shift towards integrated clean energy solutions as India prepares for its next phase of renewable growth
The ongoing conflict in the Middle East is adding financial pressure on India, a large importer of fuels whose circulation depends on the region
The brokerage said Suzlon is recalibrating its strategy from product sales to project sales and, eventually, to becoming a solutions provider
Suzlon plans to evolve into a wind-solar-storage solutions provider, targeting integrated renewable projects, asset management growth and global expansion
Suzlon Group on Monday announced the appointment of Ashok Ramchandran as President, India Business and Senior Managerial Personnel, effective from June 4. Ashok brings over two decades of global leadership experience in energy, industrial products, and vertical mobility sectors, spanning India, Southeast Asia, and Australia, a company statement said. His appointment comes at a very crucial time as Suzlon accelerates its transition towards becoming a wind-first full-stack renewable energy company. He will be reporting to Ajay Kapur, Chief Executive Officer, Suzlon Group. Ashok is widely recognised for driving execution-led transformation at scale across complex, high-growth industries. As Chief Operating Officer and board member at JSW, he played a key role in shaping the company's long-term growth strategy, helping accelerate its capacity journey from nearly 5 GW to 30 GW in close to 3 years. Prior to this, Ashok has spent the majority of his career with Schindler Group. As the C
Suzlon Energy's closing order book stood at 5,892MW (~5.9GW) as of Q4FY26 (vs ~5.0GW at the start of FY26). The order book consists of 66 per cent commercial and industrial (C&I) and PSU orders.
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Suzlon Energy on Monday reported a 5.6 per cent dip in its consolidated net profit to Rs 1,114 crore in the March quarter of FY26, mainly due to lesser benefit of deferred tax credit. The consolidated net profit stood at Rs 1,181 crore in the quarter ended March 2025, Suzlon Energy said in a statement. The company got a deferred tax benefit of Rs 284.32 crore in the reporting quarter, lower than the Rs 600.75 crore received during the same period a year ago. However, revenue from operations rose to Rs 5,468 crore in the latest fourth quarter from Rs 3,774 crore in the same period a year ago. During the full fiscal 2025-26, the consolidated net profit rose to Rs 3,163 crore from Rs 2,072 crore a year ago. Revenue from operations also increased to Rs 16,679 crore in FY26 from Rs 10,851 crore a year ago. Girish Tanti, Vice Chairman, Suzlon Group, said in the statement that the company's flagship S144 platform has already achieved 9GW of cumulative order intake, and the WTG business
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Suzlon Energy share price target: Suzlon Energy stock has jumped 40% from its April lows. Analysts recommend buying the stock on dips for an upside of 20% from current levels.
Rajesh Bhosale, technical analyst at Angel One believes that overbought conditions tend to persist during strong trends as they also reflect inherent strength.
FIIs exposure in Suzlon Energy came at a time when they are selling Indian equities and the stock corrected by around 10 per cent so far in 2026.
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