Suzlon Energy Shares Close Near Opening Threshold

20th March, 2025 / 3.30 PM

Suzlon Energy shares finally closed on 20th March 2025 at ₹58.39 which is 0.86% lower than the opening price of ₹58.90. The shares closed at ₹57.76 on the 19th and today’s closing price is 1.09% higher than the same. Opening prices for the 19th were ₹55.39, while they stood at ₹55.35 and ₹54.74 for the 18th and 17th of the month. 

Midday trading saw the shares touching ₹57.94 after a plunge to ₹56.83. However, experts were then anticipating mixed developments due to the company’s maintenance of the Buy rating from JM Financial and also the price target cut by 11%. The company could yet prove to be a dark horse with a large order book and its overall optimism of an industry-wide revival. However, day trends suggest fluctuating fortunes, with the stock first falling and then recovering to near-opening levels. 

20th March, 2025 / 12.30 PM

Suzlon Energy shares have maintained their growth momentum, touching ₹57.94 at midday. While this is lower than the opening price of ₹58.90, it is still more than the initial plunge, where prices fell to ₹56.83 sometime earlier. A large part of the steady surge anticipated by experts may be due to the maintenance of the Buy rating for the stock by JM Financial. 

JM Financial has also cut its share price target for Suzlon Energy by 11%. Yet, the company is optimistic about industrywide revival soon with its fast-growing and highest-ever order book of 5.9 GW. It is also targeting the resolution of all execution-related challenges over the coming 2-3 quarters. This could sustain further growth or stabilization in share prices as per experts.

20th March, 2025 / 9:30 AM

The Suzlon Energy share price opened at ₹58.90 on 20th March 2025 in comparison to the previous closing price of ₹57.76. This indicates a percentage increase of 1.97%. 

The shares opened at ₹55.39, ₹55.35 and ₹54.74 on the 19th, 18th, and 17th of March 2025 respectively. The 52-week high and low are also ₹86.04 and ₹36.35 respectively. These developments point to market anticipation of Suzlon’s future growth, riding on the back of a revival in the wind energy sector. The company is also a net-cash entity with solid return ratios and an increasing order book of 5.5 GW. A robust bid pipeline may help it maintain its growth momentum in the near future.

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