Suzlon Energy Share Gearing Up for a Mega Rally! Buying Suzlon at ₹61? What Analysts Are Saying

Suzlon Energy Share has once again grabbed investor attention. As of May 16, 2025, Suzlon Energy shares were trading at ₹61.05, slightly down by 0.28% on the NSE. In this minor dip, the stock has been holding firm above the ₹60 mark for two straight sessions, hinting at a possible breakout.

Interestingly, Suzlon is now trading above all key moving averages, such as 5-day, 10-day, 20-day, 50-day, 100-day, and even 150-day. That’s a very strong technical sign.

After a sharp 46 % correction from the September 2024 high, Suzlon is gaining and shows strong potential. But is it really ready for the next big rally?

Suzlon Energy Share’s Current Performance

MetricLatest Data
Current Market Price₹61.05 (At NSE On 16  May  2025)
1‑week change+9.06%
1‑month change+10.86%
YTD change (2025)‑6.5 %
52‑week high₹86.04 (Sep  2024)
Market‑cap₹83,440 cr

What Analysts Are Saying

Definedge Securities

According to B Krishnakumar, Senior Technical Analyst at Definedge Securities –

“Suzlon Energy Share appears to be forming a base for the next leg of the rally. A breakout above ₹62 could trigger a move towards ₹70–₹72. However, a close below ₹53 would invalidate the bullish outlook.”

Technical set‑up

Strong move above ₹62 can trigger the “next leg” of the up‑trend, shows ₹70–72 near‑term potential, says B. Krishnakumar of Definedge Securities

Independent analyst A. R. Ramachandran spots strong support at ₹60.1 and a bullish trigger on a daily close above ₹63.25, projecting a short term strong target of ₹68

Also Read: Bullish Reversal in IRFC Share: SEBI Stock Advisor See Further Rally

Brokerage firm Motilal Oswal

Motilal Oswal maintained its ‘BUY’ rating on Suzlon with a revised target price of ₹75 (based on 32x FY27E EPS). The stock is currently trading at a 24x FY27E PE, which the brokerage considers attractive.

“We project Suzlon to deliver 2.4GW in FY26 with a strong focus on EPC contracts. Our model estimates a CAGR of 46% in revenue and 58% in PAT between FY25 and FY27.”

Motilal Oswal points to a positive regulatory shift: The draft RLMM notification mandates local sourcing of key wind turbine materials. If implemented, this will benefit Indian manufacturers like Suzlon, reducing foreign competition and improving market share.

Additionally, the company has shown solid financial performance in Q3 FY25 Net Profit: Up 96% and Q4 FY25 Net Profit: Up 91%

Also Read: Suzlon Share Price Target 2025, 2030, 2035, 2040, 2045 And 2050

Order Book & Sector Outlook

Suzlon Energy Share currently an order book of over 5.5 GW, positioning it strongly for future growth. With India’s focus on grean energy, wind power is expected to account for 20% of the renewable energy mix in the coming years.

Should you invest? Quick Recap

Key MetricsDetails
Current Market Price (16  May  2025)₹61.05
Target (Definedge Securities)₹70–₹72
Target (Motilal Oswal)₹75
Target (JM Financial)₹71
Support Level₹60.10 Daily support & 5–20 DMA
Resistance to Watch₹62 & ₹63.25
Upside Potential₹70–₹72 (Short Term)

Suzlon Energy is showing massive strength after months of underperformance. If the stock closes above the resistance ₹62, We can see a short-term rally up to ₹72. Long-term investors can also consider the Suzlon energy for massive returns in green energy sector.

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Abhishek Rodi

Investor, Trader, and An Engineer! Unlock the secrets of successful investment & trading, where I will share my 5+ year journey's insights.

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