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
Suzlon Energy reported a net profit of ₹1,278 crore in Q2FY26, a significant jump from ₹200 crore in the same period last year, boosted by a tax write-back of ₹718 crore
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.
Renewable energy solutions provider Suzlon on Wednesday said it will transition its entire vehicular fleet to electric mobility by 2035. After committing to power all its facilities with 100 per cent renewable energy by 2030, Suzlon has taken another bold step in its sustainability journey by joining the global EV100 initiative of Climate Group, a company statement said. As part of this, Suzlon will transition its entire fleet to electric vehicles by 2035, further reducing carbon emissions, lowering fuel consumption, and strengthening India's march towards Net Zero, it stated. EV100 is a global initiative by Climate Group that brings together leading companies committed to accelerating the transition to electric vehicles and making electric transport the new normal by 2030. This commitment entails Suzlon electrifying 655 vehicles across its operations, covering both owned and leased vehicles in the 3.5T and 3.57.5T categories. This initiative directly supports the reduction of Sco
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.
Renewable energy solutions provider Suzlon on Tuesday said its 'Made in India' wind turbine model, S144, has recorded the lowest product carbon footprint of 6.17 gCO2 per kilowatt-hour of electricity generated. This achievement has been independently verified by Indian Register Quality Systems (IRQS), a certification and testing organization, a company statement said. "With the S144, we prove that world-class clean energy can be designed and built sustainably in India. "Our next step is to move from lowest-carbon manufacturing to true circularity, setting new benchmarks for the renewable energy industry," said JP Chalasani, Chief Executive Officer, Suzlon Group. Recently, TV SD Poland, a globally renowned 150-year-old certification and testing organization, also verified S144 as a low-carbon footprint wind solution, the statement added. Suzlon has redesigned the turbine to cut steel use by 2.5 times, incorporating recycled steel and scrap, while sourcing 83.25 per cent of componen
Suzlon Energy is also preparing to enter overseas markets, with exports to the Middle East and Europe expected to begin by FY27.
The Indian industry is at a stage where renewables have moved from a "nice to have" to "must have" position, says Tanti
At 10:20 AM, Suzlon Energy share price was trading 3.06 per cent lower at ₹61.19 per share. In comparison, BSE Sensex was trading 0.31 per cent higher at 80,484.64 levels.
Will be first such project in Andhra Pradesh since 2019
Key growth drivers include India's sizeable underutilised manufacturing base-currently operating at only 20-25 per cent of its ~18GW annual WTG capacity-and strong domestic engineering expertise.
Suzlon Energy shares jumped 6.3 per cent on Friday, logging an intra-day high at ₹65.5 per share on BSE, after the company won a 381 MW order from Zelestra India and its affiliates
Suzlon on Friday said it has secured its third successive order from AMPIN for a 170.1 MW wind project in Kurnool, Andhra Pradesh. As part of the contract, Suzlon will supply 54 of its advanced S144 wind turbine generators (WTGs) with Hybrid Lattice Towers (HLT), each with a rated capacity of 3.15 MW, a company statement said. The scope of work includes full project execution, including equipment supply, installation, commissioning, and long-term operations and maintenance services. Total orders from AMPIN Energy stand at 303 MW. Vivek Srivastava, Chief Executive Officer, India Business, Suzlon Group, said, "Three orders from AMPIN reflect the power of shared mission. Together, we're committed to a self-reliant, affordable and sustainable energy future by blending innovation, local manufacturing, and deep sectoral expertise in promoting decarbonisation of India's power distribution infrastructure." Pinaki Bhattacharyya, Founder, Managing Director & CEO, AMPIN Energy Transition ...
Wipro shares worth ₹5,058 crore got traded among the promoter group entities under the block deal window on Monday
Technical charts suggest that stocks like Hindustan Motors, HCC, Paisalo Digital, Equitas SFB and Suzlon Energy, which at present trade below ₹100; can potentially zoom up to 73% from here on.
Suzlon Energy shares rose over 2 per cent after about 198.2 million shares changed hands in multiple block trades