Suzlon energy News

As the year 2026, gathers momentum, the Indian stock market faces an interesting situation. The government has been pushing hard for green energy, but Suzlon (NSE: SUZLON), once the big cheese of Indian wind power, is having a rough time. The company’s stock has been on a slide since June 2025, trading at ₹46.17 as of this writing after dropping about 12% in just the first month and a half of 2026. We discuss this performance, its implications on the broader outlook for 2026. Execution Gap Squeezes Suzlon Share Price The decline is driven by a mix of operational challenges and external pressures. Suzlon's main problem isn't a lack of orders. They have a huge 6.4 GW order book as of February 2026. The problem is getting these projects finished. Reports from Nuvama Institutional Equities and Business Today say that the company is producing turbines quickly, but issues with land, Right of Way disagreements, and grid connection delays are slowing down project completion. Elsewhere, an Economic Times report from February 13, 2026, suggests that AI is impacting the renewable energy industry. Solar power, along with new Battery Energy Storage Systems (BESS), is becoming very affordable. The market expects wind power to lose ground in hybrid projects. Order cancellations, like Vibrant Energy's 99 MW deal in March 2025, have also hurt revenue. The CFO's resignation in August 2025 added to the uncertainty. Is This a Buying Opportunity? Suzlon, trading near ₹46, is not a cheap stock like it used to be, and it is corrected nearly 45% from its September 2024 highs. The fact that it became debt-free in 2025 is a big plus. The current downturn seems more like a valuation reset than a major failure. If the new government group can fix the land and grid issues by mid-2026, the current price may look like a good deal later on. Q3 FY26 results were better than expected and if business improves, the stock could bounce back soon. Systematix suggests a Buy rating with a target of Rs 67, projecting a 30% revenue CAGR for FY25-28. Motilal Oswal also has a Buy rating at Rs 74, noting that stalled projects are being re-bid. Suzlon Stock Price Forecast Suzlon stock price has its pivot at ₹46.68 and the downside will prevail if resistance persists at that level. The ADX at 17 signals that the selling pressure is currently cooling. The first support is at 52-week lows of ₹44.88, below which ₹44 could come into focus. Alternatively, going above ₹46.68 will set up the buyers to take control, wit primary resistance likely at ₹48.30. Going above that level will make the psychological ₹50 mark, which is just above the 100-day MA, a viable target. Suzlon stock on the daily chart on February 16 with key levels of support and resistance. Created on TradingView Why is Suzlon falling despite record profits? The market is looking past current earnings and focusing on execution bottlenecks. All those land and grid issues mean they can't turn its 6.5 GW orders into cash as fast as everyone hoped. What should be the primary trigger for a trend reversal for Suzlon stock? Watch for news regarding the government’s new task force on Right of Way and land issues. A policy breakthrough that speeds up wind farm installations would be the strongest catalyst for a stock recovery. What is the Solar + BESS threat against wind energy companies? Investors fear that cheap solar combined with battery storage will make pure wind energy redundant.