Suzlon Energy Share Price Under Pressure For Third Straight Session, Hits 3-Month Low At ₹55.89

Suzlon Energy share price is under pressure today and slipped 2% today to briefly touch a three-month low of ₹55.89. On this level, the shares have fallen 8% so far in August and are heading for a third straight trading day of decline. However, as of 1:15 PM, the shares have decreased the loss and are down by 0.67%, or 0.38 points and are trading at ₹56.59. As of now, the shares have made an intraday high of ₹57.31 and a low of ₹55.89. From its peak of ₹86 made in August 2024, the shares are down more than 36%.

Suzlon Energy Limited is an Indian renewable energy company and is known for wind turbine manufacturing and related services. It was established in 1995 and is headquartered in Pune, Maharashtra. Suzlon is listed on NSE under the ticker symbol of SUZLON and has 532667 as its BSE code.

Key Trigger: Weaker June Quarter Results

The key trigger for muted investor sentiment and decline in shares is the weaker-than-expected June quarter results posted by Suzlon. Apart from the weak results, the shares are dragging because of slower project execution, and the departure of Group CFO Himanshu Mody.

The company has reported consolidated income at ₹3,16,519 lakh, consolidated net profit at ₹32,432 lakh, standalone income at ₹2,87,699 lakh, and standalone net profit at ₹34,735 lakh for the June quarter. Although financial health is still in the green, the figures are lower than expected by the investors. The company’s consolidated EPS is at ₹0.24 while its standalone EPS is at ₹0.25. The company has also fallen behind in installation deliveries in recent quarters, with order inflow only limited to 1 GW from year-to-date to FY26.

Although the financial results were weaker-than-expected, Suzlon still holds a strong order book of 5.7 GW. This is 10 straight quarters of growth driven by demand from C&I and PSU customers. The company’s management has communicated FY26 guidance of 60% growth across revenue, EBITDA and deliveries going forward. It also expects an addition of 6 GW of wind energy capacity in FY26 and 7–8 GW in FY27.

REF:https://www.nseindia.com/get-quotes/equity?symbol=SUZLON

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