Shares of Suzlon Energy experienced a decline of 1.77%, trading at Rs. 47.13 on January 20, 2026, reflecting broader market sentiment. The company’s market capitalisation fell to approximately Rs. 64,669 crore as it has faced persistent selling pressure in recent weeks. Despite the downward trend, several brokerages maintain a target price of Rs. 74, highlighting the company’s robust order book and execution visibility.
On Tuesday, Suzlon’s stock opened at Rs. 47.98, matching its previous close. Throughout the trading session, the share price fluctuated, reaching an intraday high of Rs. 48.33 and a low of Rs. 46.96 before settling lower. Since the beginning of the year, the stock has declined nearly 11% and is down close to 30% over the past six months. Currently, it is trading significantly below its 52-week high of Rs. 74.30 and is near its 52-week low of Rs. 46.15, which was reached earlier in 2025.
The decline in Suzlon’s share price can be attributed to various factors, including concerns about slower wind project awards and increasing competition in the renewable energy sector. Investors are also apprehensive about the potential loss of market share to solar and battery storage projects in recent tenders. Additionally, market volatility has prompted caution among traders as they await forthcoming earnings updates and new project announcements.
Brokerage Ratings and Future Outlook
Despite the short-term challenges, Motilal Oswal Financial Services has retained a positive outlook on Suzlon. The brokerage has maintained a ‘Buy’ rating and set a target price of Rs. 74, indicating a potential upside of approximately 55% from current levels. Analysts anticipate steady demand from data centres, industrial users, and public sector companies.
Suzlon’s strategy to increase its Engineering, Procurement, and Construction (EPC) share is considered a significant asset that could drive future growth. The company currently boasts an order book of around 6.5 GW, which provides substantial visibility for deliveries over the next few years. Analysts expect execution to ramp up in the December 2025 quarter, bolstered by stronger wind turbine dispatches. As a result, revenue and operating profit are projected to rise as execution improves and margins stabilize.
Recently, Suzlon appointed Paulo Fernando Soares as President for its operations in Europe. With nearly four decades of experience in the wind energy sector, Soares has previously worked with Suzlon and is expected to play a vital role in expanding the company’s presence in European markets, which are viewed as a critical area for growth in global wind energy.
Investor Considerations
Investors should remain vigilant regarding the volatility of Suzlon’s share price as they monitor upcoming quarterly earnings, order inflows, and the progress of the company’s execution. Updates on wind project awards and the expansion into European markets will also be crucial in influencing Suzlon’s stock performance in the near future.
In summary, while the long-term demand for renewable energy remains strong, short-term sentiment continues to affect Suzlon’s stock price. The majority of analysts have rated the stock as a ‘Buy,’ with only a few opting for an ‘Outperform’ rating, reflecting cautious optimism amidst current market conditions.
