Suzlon Energy share price is back in focus in the stock market today. Not for a rally. But for a deep correction.
On February 20, the stock slipped another 1.6%. It touched an intraday low of ₹44.55. These are levels last seen in May 2024.
For a stock that ran relentlessly between 2020 and 2024, this drop feels sharp. Almost uncomfortable.
And investors are clearly feeling it.
Market Performance: Suzlon Energy Share Price Under Pressure
The selling has not been sudden. It has been steady.
The downward journey began in September. What looked like normal profit booking slowly turned into a prolonged correction.
Here is the sharp reality:
- Recent peak: ₹86 per share
- Current level: ₹44.55
- Fall from peak: Nearly 50%
- Latest session decline: 1.6%
That is half the value erased.
The Suzlon Energy share price is now at a 21-month low. Retail investors, who hold a large chunk of the company, are watching this correction closely.
Between 2020 and 2024, the stock saw a powerful, uninterrupted rally. But momentum has clearly changed in the stock market today.
What Changed for Suzlon Energy Share Price?
Here’s the thing.
The December quarter results came broadly as expected. There were no negative surprises in the earnings.
But challenges remain.
Like many companies in the utilities and renewable space, Suzlon is facing execution bottlenecks. Scaling up commissioning is not easy.
Three major hurdles:
- Land acquisition
- Right of Way (RoW) issues
- Grid connectivity constraints
These are not minor operational issues. They directly impact how quickly projects move from delivery to actual commissioning.
Deliveries vs Commissioning: The Gap Investors Are Tracking
Numbers tell the deeper story.
Over the past seven quarters:
- Total equipment delivered: 3,175 MW
- Equipment commissioned: 778 MW
That’s a significant gap.
Delivery does not automatically mean revenue realization from operational projects. The commissioning pace becomes critical.
In the stock market today, such data points matter more than headline order wins.
Quarterly Financial Snapshot: Strong Revenue Growth, Profit Impacted by Tax Charge
Let’s break down the September-ending quarter.
Revenue
- ₹4,228 crore
- Previous year same quarter: ₹2,969 crore
- Growth driven by higher deliveries of 617 MW
The top line expanded meaningfully.
Net Profit
- ₹445 crore
- 15% year-on-year increase
- Impacted by deferred tax charge of ₹119.17 crore
Despite higher revenue, tax adjustments affected the bottom line. Still, profit grew on a yearly basis.
The numbers show operational progress. But the market reaction tells us sentiment remains cautious.
Industry Landscape: Wind Sector Momentum Slows
The broader wind energy industry is evolving.
Competition is increasing from solar-plus-storage projects. Hybrid tenders and round-the-clock renewable formats are gaining traction.
The wind sector is seen stabilising in the 8–10 GW range over the next 2–3 years.
Suzlon has exposure to C&I (Commercial and Industrial) projects, which form:
- 51% of its order book
That’s a significant concentration.
In the stock market today, investors are weighing how this positioning plays out amid changing renewable dynamics.
Retail Ownership and Sentiment in Suzlon Energy Share Price
Suzlon Energy is widely held by retail shareholders.
When such a stock corrects nearly 50%, the emotional reaction can amplify volatility.
Between 2020 and 2024, the rally created strong participation. Now, the same participation is witnessing correction pain.
This shift in psychology often explains why stocks at highs feel unstoppable — and at lows feel fragile.
Suzlon Energy Share Price: Where It Stands Now?
To summarise current positioning:
- 21-month low zone
- Nearly 50% down from ₹86 peak
- Trading around ₹44.55
- Revenue growth visible
- Commissioning challenges persist
- Net profit up 15% YoY in September quarter
The stock market today is reacting more to execution pace than headline earnings.
Summary: Suzlon Energy Share Price Faces Tough Phase in Stock Market Today
The story of Suzlon Energy share price right now is simple.
Strong rally.
Sharp correction.
Execution challenges.
Revenue growth.
Commissioning gap.
The fundamentals show operational activity. But the market is focusing on delivery-to-commissioning conversion and sector headwinds.
In the stock market today, price action reflects sentiment. And sentiment, at the moment, is cautious.
The coming sessions will show whether this 21-month low becomes a base — or just another milestone in the ongoing correction.
Source: Livemint
Easy & quick
Leave A Comment?