Suzlon Energy, a leading renewable energy company in India headquartered in Pune, Maharashtra, saw its share price surge 6% to ₹65.95 on May 26, 2025, reaching a five-month high. This rise is attributed to strong investor optimism ahead of its March quarter results, a healthy order book, and continued momentum in securing large-scale wind energy projects.
Shares of Suzlon Energy, a Pune-based renewable energy solutions provider, surged 6% on Monday to reach ₹65.95, their highest level in five months. The rally was driven by positive investor sentiment ahead of the company’s Q4 FY25 results, scheduled to be released on May 29.
Investor confidence has been building throughout May, pushing the stock up nearly 14% this month. This comes after Suzlon hinted in its previous earnings commentary that the March quarter would outperform the December quarter, where 447 MW of projects were executed. Suzlon has already achieved 977 MW of execution over the first nine months of FY25.
The company’s strong momentum is further reflected in its robust order book, which stood at 5,622 MW at the end of March, including recent dispatches.
Suzlon has also secured major new contracts, including two 50 MW wind projects from Bharat Petroleum Corporation Limited (BPCL) — one in Madhya Pradesh and the other in Maharashtra. Additional recent wins include a 100.8 MW project from Sunsure Energy and a 378 MW order from NTPC Green Energy.
Domestic brokerage Motilal Oswal revised its target for Suzlon to ₹75 per share, maintaining a ‘buy’ rating. The firm expects Suzlon to deliver 2.4 GW in FY26 — averaging 600 MW per quarter — a level it considers feasible.
Retail investor participation has also increased, with holdings rising to 55% by the end of Q4 FY25, up from 54.6% in Q3.
After facing a lull from October 2024 to February 2025 due to market corrections, Suzlon’s stock rebounded sharply in March with a 13.9% gain. The current month has seen a similar upward trend, delivering another 14% return. However, the stock is still down 25% from its recent peak.
Despite past volatility, Suzlon remains a prominent player in India’s renewable energy space, and investors appear to be betting on its strong execution and consistent project wins to sustain growth in the upcoming quarters.
