Shares of Suzlon Energy shot up nearly 14 per cent on Friday, beating the broader market and snapping a short-lived pullback. The surge came after the company posted its strongest March quarter in years, reigniting investor confidence. The stock hit ₹74.30 during the session, its sharpest intraday gain since June 2023.
This wasn’t just a technical bounce. Suzlon delivered a net profit of ₹1,180.98 crore in Q4, more than four times what it posted a year ago. Revenue came in at ₹3,773.54 crore, up 73 per cent year-on-year. With earnings improving across the board and management guiding for solid FY26 growth, the rally had plenty of fuel.
At the time of reporting, Suzlon was trading at ₹71.59, still up over 9 per cent for the day. Volume spiked sharply, with over 5.15 crore shares changing hands, compared to a two-week average of just 1.17 crore. The stock has now rallied 28 per cent this month alone and is up nearly 60 per cent in the past year.
Strong FY25 Results and a Confident Outlook
For the full financial year, Suzlon posted a net profit of ₹2,071.63 crore, marking a 213.7 per cent jump from last year. Revenue rose 34.6 per cent to ₹3,141.74 crore, while EBITDA nearly doubled to ₹677 crore. Margins expanded by 130 basis points to 17.1 per cent.
According to Vice Chairman Girish Tanti, the company’s performance reflects “a decade-high profitability, a solid cash position, and consistent execution.” Suzlon’s total wind installations for FY25 stood at 336 MW, with another 371 MW ready for commissioning. The company’s net cash stood at ₹1,943 crore as of March 31, and net worth improved to ₹6,100 crore.
Chart Analysis: Suzlon Energy Price Action at a Glance
- Price cleared ₹71.76 resistance and is now holding above ₹73
- RSI is elevated at 76.99, showing strong momentum but nearing overbought
- MACD remains bullish with wide separation and upward slope
- Nearest support sits at ₹65.71, followed by ₹61.00 on a deeper pullback
- A breakout above ₹74 could open the door to ₹80.41 and retest of ₹86.04 (52-week high)
What This Means for Investors
Suzlon isn’t trading like a turnaround story anymore; it’s moving like a stock in a strong upcycle. Management is confident, the order book is growing, and cash levels are up. With analyst targets now sitting closer to ₹80 and momentum returning to renewable energy stocks, Suzlon remains in focus. For investors eyeing India’s clean energy theme, this is more than just a quarterly pop. It’s a potential leadership play.