Suzlon Energy Share Price Decline 4% Amid Market Pressure

Market Performance

Suzlon Energy's share price declined nearly 4% in early trading on Friday, following broader market trends. The stock opened at ₹51.29 on the BSE, reflecting a 1.5% decrease from its previous closing price of ₹52.11. As trading progressed, the stock dropped to an intraday low of ₹50.01, marking a total decline of over 4% during morning sessions.

Over the last two trading sessions, Suzlon Energy's share price has declined by approximately 8%, coinciding with a broader market downturn.

Company Statement on Share Price Movement

On February 27, 2025, Suzlon Energy clarified the stock's price movement. The company acknowledged a significant fluctuation in its share price but stated that no identifiable events or publicly available information appeared to have triggered this movement.

Recent Business Developments

Suzlon Energy has recently secured substantial orders. Within nine months, the company received a repeat order from Oyster Renewable, strengthening their collaboration in Madhya Pradesh. With this latest addition, their partnership has expanded to a total capacity of 283.5 MW.

Financial Performance (Q3FY25)

Suzlon Energy reported notable financial growth in the third quarter of the fiscal year 2025. The company disclosed the following key metrics:

• Revenue: ₹2,968.81 crore, reflecting a 91% increase from ₹1,552.91 crore in the same quarter of the previous fiscal year.
• Net Profit: ₹386.92 crore, marking a 91% rise compared to ₹203.04 crore in Q3FY24.

Summary

Suzlon Energy's stock has declined amid market fluctuations, with an 8% drop over two trading sessions. The company has attributed this movement to general market trends rather than specific developments. Meanwhile, Suzlon continues to expand its project portfolio and reported strong financial growth for Q3FY25, demonstrating increased revenue and net Profit.