Suzlon Energy Share Price: Surges 5%, on strong Q3, manufacturing capacity to 4.5 GW
Suzlon Energy Limited’s shares rose 5 per cent to ₹58.17 on the NSE today at 11:15 am, reaching the upper circuit after reporting robust third-quarter results for FY25. The company’s net revenue jumped 91 per cent year-over-year to ₹29.7 billion, driven by a 163 per cent increase in deliveries.
The wind turbine manufacturer posted an EBITDA of ₹5 billion, marking a 102 per cent year-over-year growth, with margins improving to 16.8 per cent compared to 15.9 per cent in the same quarter last year. Adjusted profit after tax reached ₹3.9 billion, showing a 91 per cent increase from the previous year.
The company has expanded its manufacturing capacity to 4.5 GW and secured major orders from prominent clients including NTPC, Torrent Power, and Jindal Renewables. These orders have already obtained land and right-of-way clearances, improving execution visibility.
JM Financial Institutional Securities maintained a “Buy” rating on Suzlon with a target price of ₹80, citing the company’s strong order book and enhanced operational readiness. The brokerage firm based its valuation on 40 times December 2026 earnings per share.
The stock opened at ₹57.00 today, compared to the previous close of ₹55.40, and traded between a low of ₹56.55 and a high of ₹58.17.
