Suzlon Energy shares are back in the green today, rising over 5% to ₹66.00 in Friday’s session as the company confirmed a new order win from Zelestra India and its affiliates, adding 381 MW to its renewable energy pipeline. The announcement, combined with broader sector optimism and renewed buying interest from domestic funds, has triggered a sharp upward move from Thursday’s lows.
Suzlon’s latest contract will see 127 wind turbines set up across Gujarat and Rajasthan, another sign that the company is becoming a key force in India’s clean energy expansion. Market watchers say the project reinforces confidence in Suzlon’s ability to deliver on large-scale orders at a time when global demand for renewables is picking up pace.
The stock’s sharp move today tells its own story. After drifting in a range for weeks, Suzlon is now catching fresh interest from investors, especially as it pushes back above critical chart levels at the start of August.
Suzlon Share Price Outlook
- Current price: ₹66.00
- Resistance: ₹68.80 and ₹75.00
- Support: ₹62.50, then ₹58.00
The stock has broken out of its recent consolidation zone, closing above the 20-day moving average and posting its strongest daily gain in over three weeks. If bulls manage to push past ₹68.80 with volume, a retest of the ₹75.00 zone looks possible. But failure to hold above ₹62.50 could stall the rally.
Conclusion
Friday’s rebound is also backed by a mix of favorable signals, multiple reports cite fund inflows, robust sector-wide tailwinds, and expectations of increased wind energy capex ahead of the 2025–2026 budget cycle.
For now, Suzlon has reclaimed its momentum. Whether it can hold the breakout depends on follow-through volume and market appetite heading into next week. But with a new megawatt order in hand and clean energy sentiment still running high, the bulls finally have a reason to stay in the trade.
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