Shares of Indian renewable energy giant Suzlon Energy Suzlon Energy fell 5% on August 18, extending losses for a fourth consecutive session after Q1 FY26 results missed market expectations. Analysts advise cautious near-term trading while fundamentals remain strong.
Suzlon Energy shares continued their decline on Monday, falling 5% to ₹56.63, marking the fourth straight session of losses. The renewable energy company’s stock has dropped 10.5% over this period despite positive trends in the broader Indian stock market.
The decline comes after the company reported Q1 FY26 consolidated net profit of ₹324 crore, slightly higher than ₹302 crore a year ago, but below market expectations due to a deferred tax charge of ₹134 crore. Revenue, volume, and EBITDA remained in line with estimates.
Investor sentiment was further affected by the announcement of the exit of Group CFO Himanshu Mody, effective August 31, 2025. The company is in the final stages of appointing a replacement.
Also Read: Suzlon Shares Fall 4% After Q1 PAT Miss From Tax Charge
Sector and Market Insights
Experts indicate that the broader Indian power sector is consolidating after a strong rally over the past year. Valuations appear stretched, leading to cautious investor behaviour. Analysts note that Suzlon’s medium-term fundamentals remain solid. The company has a robust order book of over 3 GW and is set to benefit from government mandates to increase domestic sourcing in wind equipment manufacturing.
ICICI Securities has retained a Buy rating on Suzlon Energy, with a target price of ₹76. Analysts recommend monitoring short-term volatility while noting the stock’s strong long-term potential.
Technical Analysis
On the technical front, Suzlon shares closed below a key support of ₹61.75 for two consecutive sessions, triggering fresh bearish momentum. Traders are advised to exercise caution as the stock appears headed towards the ₹55–53 zone, which may act as the immediate downside target. Analysts suggest this zone could also offer a potential buying opportunity if positive price reactions occur.
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