SUZLON

Technical Overview (Weekly Chart) Current Price: ₹63.15 The stock is trading just above the 50 Day’s EMA, but showing signs of weakness with a bearish candle and Parabolic SAR dots above price. MACD is positive but flattening, while RSI (51) indicates neutral momentum. Key Support: ₹60–61 (50 Day’s EMA) Key Resistance: ₹68–71 (recent swing high) Takeaway: Holding above ₹60 could stabilize price. A break above ₹68 would be bullish, while a fall below ₹60 may lead to ₹55–₹53. Fundamental Snapshot Suzlon is now debt-free, a dramatic improvement from prior years, providing capacity for growth. Achieved a threefold YoY net profit jump, with strong order book improvements and stabilizing operations. Order book stands robust, with recent wins including 170 MW from AMPIN and a major 381 MW FDRE project from Zelestra. Motilal Oswal recently issued its highest-ever ₹82 target, citing strong execution, local manufacturing benefits, and order visibility. Macro View India’s renewable energy sector is expanding rapidly wind power contributes 10% to total installed capacity and is supported by aggressive government targets of 500 GW by 2030. Suzlon, with 20.8 GW of global installations, is a leading renewable player enabling India’s green energy transition. The company’s market positioning benefits from favourable policies, rising domestic demand, and global ESG tailwinds.