Suzlon Energy, a prominent renewable energy solutions provider, has seen its share price jump by an impressive 41% since reaching a 52-week low in March. This significant rebound comes even as the stock trades 27.44% below its 52-week high of Rs 74.30, recorded on May 30, 2025.
Expert Analysis on Suzlon's Trajectory
According to Jay Thakkar, Vice President & Head of Derivatives and Quant Research at ICICI Securities, Suzlon Energy appears to have broken out of a consolidation phase. Thakkar advises investors to maintain a stop loss at Rs 40, suggesting that "As long as that level is not broken, the stock can revisit Rs 80 levels or even move beyond." The stock closed at Rs 53.89 on BSE in the previous trading session.
The stock's gain from its 52-week low of Rs 38.17 represents its highest surge in two years. While it recorded a yearly loss of 10.38%, its long-term performance has been exceptional, with a 576% increase over three years and a staggering 1195% rise over five years.
Brokerage Ratings and Future Outlook
Several brokerages have issued positive ratings for Suzlon Energy. JM Financial has assigned a 'Buy' rating with a target price of Rs 64. The firm anticipates a 51% year-on-year surge in Suzlon's revenue, driven by higher dispatches and robust operating leverage. JM Financial projects dispatches to reach 874MW in 4QFY26, up from 573MW in 4QFY25.
Similarly, Centrum Broking also holds a 'Buy' rating on Suzlon Energy, setting a price target of Rs 74. Centrum highlights the company's strong market positioning and its potential to capitalize on the growing opportunities and attractive valuation multiples within the renewable energy sector.
About Suzlon Energy
Suzlon Energy specializes in providing comprehensive renewable energy solutions. The company is a leading producer of wind turbines and offers a wide array of solar energy services. These services encompass solar irradiance assessment, land acquisition and approvals, infrastructure and power evacuation, supply chain management, installation and commissioning, and life cycle asset management.