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As of 11:00 AM on 13 March 2025, Suzlon Energy's stock price is at ₹54.42, up from its last close price of ₹53.85 by 1.02%. It opened at ₹54.35 and has oscillated within a tight band, reaching an intraday high of ₹54.80 and an intraday low of ₹53.62. Trading volume continues to be high with 17,314,598 shares changing hands, totaling ₹94.20 crore in value.
Suzlon Energy has a market capitalization of ₹74,262 crore, which positions it firmly in India's renewable energy space. The beta of the stock, at 1.25, reflects greater volatility than the overall market, positioning it as an active investment vehicle. Although volatility is risky, it also provides opportunities for traders looking to take advantage of short-term gains.
Technically, Suzlon Energy's stock price is currently above its short-term moving averages but below long-term resistance levels. This is indicative of potential for near-term appreciation, although investors should approach long-term positions with caution. Analysts have noted that Suzlon recently rallied from a robust support level, indicating fresh buying interest. Should the stock break key resistance levels, it would set the stage for further gains.
Suzlon Energy has shown remarkable financial growth in the recent quarters. The company posted a 90.56% year-on-year increase in net profit in Q3 FY24-25, to ₹386.92 crore. Revenue grew by 91% to ₹3,002.36 crore, led by high demand for renewable energy solutions. Suzlon's order book is strong at 5.7 GW, further accentuating its growth potential. Its net cash position of ₹1,107 crore also points towards enhanced financial stability, putting the company on the path for growth.
Market analysts have a positive view of Suzlon Energy's growth path. Investec has retained a 'Buy' recommendation on the stock, with a target price of ₹70. Other estimates see Suzlon's share price reaching ₹88.07 by the 2025 year-end, an upside potential of more than 60% over current levels. Such optimism is underpinned by Suzlon's excellent financials and its strategic push in renewable energy growth.
Even with positive growth metrics, Suzlon Energy has challenges like market volatility and regulatory challenges. However, India's aggressive renewable energy targets present a promising long-term picture. The leadership of the company is still optimistic that India will achieve its clean energy objectives by 2030, which could significantly enhance Suzlon's business opportunities.
Suzlon Energy's current stock price indicates its growth potential, supported by good financials and favorable analyst sentiment. Despite its high volatility, it requires investors to carefully evaluate risk factors. Being a player in the renewable energy industry and considering the growing global trend toward sustainable solutions, Suzlon is still a long-term investor-friendly option. As the stock keeps rising, tracking important technical levels and financial news will be important for taking informed investment decisions.
