Suzlon Energy share price declines 4%: Do you own it?

Stock Market today: Suzlon Energy share price declined more than 4% in the morning trades on Thursday

Suzlon Energy share price opened at ₹54.96 on the BSE on Thursday, slightly higher than the previous days closing price of ₹54.55. The Suzlon Energy share rice thereafter declined to intraday lows of ₹52.32 which translated into a decline of more than  4%.

Suzlon Energy share price volatility

The Suzlon energy share price that had scaled 52 week highs of ₹86.04 in September 2024 had corrected significantly to recent closing lows of close to ₹50 in end January’2025, with sharp down turn in the Equity markets. The Suzlon Energy share price though rebounded well, however has overall traded volatile in February

The share price that had gained recently however is attributed to expectations around

The volatility in Suzlon Energy share prices however is generally attributed to stock market volatility being witnessed now.

Suzlon Energy recently in a clarification to exchanges recently had said that this is to inform that a Material Price Movement (“MPM”) has been noticed in the scrip of Suzlon Energy Limited on 19th February 2025 at 9.52 a.m., however we could not ascertain any event or information in the mainstream media which could have triggered this material price movement.

Suzlon Energy order flows

Order flow continues to remain strong and recently Suzlon Energy had announced winning repeat Order from Oyster Renewable in Less Than 9 Months. . With this latest addition, Suzlon’s partnership with Oyster Renewable has now grown to 283.5 MW in Madhya Pradesh

Suzlon energy had highlighted its highest‐ever order book of 5.7 GW led by growth in commercial and Industrial (C&I) segment

Suzlon Energy Q3 Results

On January 28, Suzlon Energy reported its consolidated net profit for the December quarter (Q3) of the current fiscal year, increasing by 91% year over year (YoY). The company’s Q3FY25 net profit, as reported in the exchange filing, was ₹386.92 crore, up from ₹203.04 crore in the same quarter of the prior fiscal year. Operational revenue increased by 91% to ₹2,968.81 crore during the quarter, up from ₹1,552.91 crore during the same time last year.

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