Archived Article This article was published more than 5 months ago. The market data, prices, forecasts, and analysis were accurate at the time of publication but may have changed since then. Please use this article for historical reference only and refer to our latest content for current market information.
- Suzlon share price dips despite a 91% profit surge and major renewable energy deals. Can it recover or is more downside ahead?
Suzlon Energy’s stock has faced selling pressure this week despite reporting a 91% YoY jump in net profit for Q3 FY25. The stock opened at ₹54.96 but quickly fell to an intra-day low of ₹52.32, mirroring the broader market’s volatility. With a 20.4% gain in the past year, investors are questioning whether Suzlon can sustain its bullish trend.
Suzlon Share Price Chart Analysis – Key Levels to Watch
- Resistance Levels:
- 53.89 – Immediate hurdle; needs a breakout to regain momentum.
- 61.00 – 65.71 – Strong resistance zone; breaking this could trigger a rally.
- Support Levels:
- 49.11 – Critical support; a breakdown could invite more selling.
- 43.91 – 38.80 – Key demand zones; holding above these is essential for stability.
Latest Suzlon News & Market Trends
Suzlon secured a 201.6 MW deal with Oyster Renewable and expanded its total project size in Madhya Pradesh to 283.5 MW. Financially, the company posted a 91% YoY net profit jump to ₹388 crores. However, broader market weakness has kept Suzlon’s stock under pressure, raising questions about its near-term momentum.
Suzlon Share Price Outlook – Can Bulls Regain Control?
Suzlon’s stock must hold above ₹49.11 and reclaim ₹53.89 to confirm a recovery. A break above ₹61.00 could fuel a stronger rally.
However, if selling continues, ₹43.91 could be the next downside target. With strong earnings, growing renewable energy deals, and a solid long-term outlook, Suzlon remains a stock to watch—but short-term volatility could keep traders on edge.