Suzlon Energy shares closed at Rs 55.90 on 5 February with a decline of 1.79 %. The company’s shares have seen a decline of more than 13 % so far this year. Talking in terms of earnings, during the third quarter of FY 2025, the consolidated net profit of the Renewable Energy firm had a 91 % bounce.
The company’s profit was Rs 388 crore in the respective period, while the company’s profit was Rs 203 crore in the same period a year ago. During this period, the company’s operational revenue increased by 91 % to Rs 2,629 crore, compared to Rs 1,553 crore in the same period last year. Suzlon says that it has delivered a record delivery of 447 MW in the respective quarter. The company’s EBITDA was Rs 500 crore in the December 2024 quarter.
According to a market expert, high risk investors can consider holding this stock. If seen in technical terms, this stock is showing the ‘Bearish’ trend in the daily chart.
K.K. Kranthi Bathini said, ‘Suzlon’s results of the December 2024 quarter were better. The company has seen strong growth in revenue and profit. High -risk investors can hold this stock from medium to short term period. Despite the better results, this stock is only for investors with high risk capacity.
Ravi Singh, Senior Vice President (Retail Research) of Railways Broking, said, ‘The stock looks weak in the weekly chart. On going below the level of Rs 55, it can see a decline of up to Rs 48 in the near future. SEBI registered research analyst AR Ramachandran said, “Suzlon Energy is a bearish on the Daily Chart and is getting tremendous resistance at Rs 61.” Promoters had a 13.25 % stake in Suzlon Energy in the December 2024 quarter.