Suzlon Energy share price has started the week with marginal gains, but the current market sentiment is likely to limit the upside. The stock traded ay Rs 65.00 at the time of writing, up by 0.4% on the daily chart. However, it is up against a downward momentum that has registered two successive weekly losses, with the prevailing risk aversion exerting downward pressure across equities markets.
Despite this, the renewable energy company’s underlying momentum points to a likely reversal in the medium term. Suzlon Energy (NSE: SUZLON) reported Rs 2,072 crore in FY 2025, up from Rs 660 crore in FY 2024, while its full year revenues grew to Rs10,871 crore from Rs 6,497 crore the previous year, pointing to a strong financial standing.
In addition, it has a strong order book, with 5.6 Giga Watt of contracts in the pipeline at the end of FY 2024. Furthermore, its guidance projects approximately 60% growth across key metrics this year, has a strong free cash flow and is nearly debt-free, with a debt-to-equity ratio of 0.05 X . Multiple institutional analysts, including Morgan Stanley, ICICI Securities and Motilal Oshwal have raised their Suzlon Energy share price targets in recent weeks to betwen Rs 77-Rs 83.
Based on the factors above, the current downward pressure on Suzlon Energy share price is primarily due to profit-taking and the risk aversion in the broader market, and not a reflection of a company-specific outlook. Meanwhile, a draft Revised List of Models and Manufacturers (RLMM) regulation requiring local Indian content in wind turbines positions Suzlon for an extended growth.
Suzlon Energy Share Price Prediction
The momentum on Suzlon Energy share price prediction signals likely extention of the downtrend in the near-term gains if action stays below Rs 65.70. That will likely result in gains to encounter initial support at Rs 62.25. However, a stronger momentum will break below that level and could potentially test Rs 59.90.
On the other hand, going above Rs 65.70 will signal control by the buyers. That will likely see initial resistance come at Rs 67.70. The downside narrative will be invalidated by a move above that level. Also, an extended control by the sellers could send the action higher to test Rs 69.70.
