OICHARTS
8 AMThe 8 AM report →

SUZLON

Suzlon Energy Limited · NSE · INE040H01021 · F&O · lot 12,700 · 272 sessions on record
₹38.91▼ −0.58 · −1.5%from ₹39.49 the session before · 1 Oct 2026 close · NSE end of day
Open
₹39.49
High
₹39.63
Low
₹38.40
Day's range
₹1.23.1% of the previous close
VWAP
₹39.02close −0.27% from it
Volume, shares
5.3 cr0.99× the 20-session average
Turnover, ₹ crore
210
Trades
1.1 L500 shares per trade
Previous close
₹39.49−0.58 to the close
Price band, next session
₹35.00 – ₹42.8010% either side of the close · dynamic, widened in 5% steps when hit
Day range41% of the way up
₹38.40₹39.63
52-week range3% of the way up
₹38.19 9 Mar₹61.50 6 Nov

−37% from the high · +1.9% from the low

The desk read · 1 Octexpiry 27 Oct · 26 days
long unwinding
futures read
price −1.5% · OI −0.8%
+0.21
futures premium, ₹
+0.5% to spot ₹38.91
0.53
puts per call, by OI
by volume 0.47
41
max pain
+5.4% from the close
▼ −0.8%
futures OI on the day
−270 lots · 36,000 open

Long unwinding into a 26-day expiry: futures OI −0.8% on a −1.5% day, the most call OI sits at 45, the most put OI at 40, max pain 41.

Futures and options

1 Oct close · lot 12,700 · NSE end of day

SUZLON futures closed at ₹39.12, +0.5% to spot, with 90% of open interest in the 27 Oct contract, and the 39 straddle prices a move of about ±8.1% by expiry.

Futures by expiryall 3 contracts NSE lists on the stock · basis against the spot close ₹38.91
Futures by expiry, basis against the spot close ₹38.91
ExpiryClose ₹Basis ₹ · %Annualised %OI lots · on the dayShare of OI %Contracts traded
27 Oct26 days₹39.12+0.21+0.5%+7.6%32,000▼ −1.1% · −340 lots902,500
23 Nov53 days₹39.37+0.46+1.2%+8.1%3,600▲ +0.7% · +23 lots10240
29 Dec89 days₹39.61+0.70+1.8%+7.4%81▲ +161.3% · +50 lots0.23180

10% of futures OI sits beyond the 27 Oct contract · 40 of 45 listed contracts traded · 12,000 option contracts changed hands

Options27 Oct expiry · 26 days

The 39 straddle closed at ₹3.16 (call 1.65 + put 1.51), pricing a move of about ±8.1% by the 27 Oct expiry. In the last 253 windows of 19 sessions, SUZLON moved more than that 114 times.

Call OI, lots
12,00015 cr shares
Put OI, lots
6,2007.9 cr shares
Puts per call, by OI
0.53by volume 0.47
Max pain
41+5.4% from the close
Contracts traded
40 of 45listed for this expiry
Open interest by strike, lotstop three strikes each side
Calls
Strike
Puts
1,800
45
1,500
42
590
1,500
40
1,200
36
530
Open interest added on the day, lotsthree largest additions each side
Calls
Strike
Puts
+150
43
42
+70
+470
40
+160
39
+83
35
+66
Close ₹ · Nifty 50 rebased to the first close · futures open interest by the day's build-up126 sessions to 1 Oct · axis fixed at 4 × ATR-14 around the last close
272 sessions on file · from 28 Aug
SUZLON close and futures open interest over the last 126 sessions, with Nifty 50 rebased to the first close33.9046.6059.31axis spans 75%Nifty 50SUZLON1 Apr6 Jul1 OctFutures open interest, lotspeak 44,000126 sessions from 1 Apr to 1 Oct; the price axis spans 75 percent.

The market after the news

close against the last close before each bulletin · Nifty 50 over the same sessions

After the last 8 bulletins, SUZLON closed higher five sessions later in 2 of 8.

Close after each bulletin on the day, one session later and five sessions later, with Nifty 50 and futures open interest
BulletinDay of the news1 session later5 sessions laterFutures OI on the day
29 JulSuzlon Energy price target cut, management expects stronger H2▼ −0.1%Nifty +0.3% · −0.4 pp▲ +1.2%Nifty +0.6% · +0.6 pp▲ +1.4%Nifty +1.6% · −0.2 pp▲ +0.2%short build-up
28 JulSuzlon Energy Q1 profit down 6% despite 22% revenue growth▼ −1.2%Nifty +1.1% · −2.3 pp▼ −1.3%Nifty +1.4% · −2.7 pp▲ +0.3%Nifty +2.7% · −2.4 pp▲ +5.2%short build-up
23 JulSuzlon hits day high after 201.6 MW Waaree order win▼ −0.2%Nifty −0.4% · +0.2 pp▲ +1.4%Nifty +0.5% · +0.9 pp▼ −8.4%Nifty +2.1% · −10.5 pp▼ −0.6%long unwinding
12 JulSuzlon Energy and Inox Wind Q1 results preview and targets▼ −1.4%Nifty 0.0% · −1.4 pp▼ −2.7%Nifty −0.6% · −2.0 pp▼ −1.5%Nifty +0.1% · −1.7 pp▲ +1.5%short build-up
6 JulCentrum Broking previews Q1 results for renewable energy firms▼ −2.0%Nifty −0.1% · −1.8 pp▼ −4.2%Nifty −2.2% · −2.0 pp▼ −5.4%Nifty −1.6% · −3.9 pp▲ +0.2%short build-up
30 JunSuzlon Energy gains 2% on 105 MW wind order win▼ −0.9%Nifty +0.6% · −1.5 pp▼ −2.1%Nifty +1.3% · −3.4 pp▼ −9.8%Nifty +0.1% · −9.9 pp▲ +1.3%short build-up
25 JunSuzlon secures 400 MW wind EPC order from Tata Power▲ +0.1%Nifty −0.5% · +0.6 pp▲ +3.1%Nifty −0.8% · +3.9 pp▼ −2.9%Nifty +1.6% · −4.5 pp▼ −3.0%short covering
1 MaySuzlon Energy secures NCLT approval for reserve reorganisation▼ −1.1%Nifty +0.5% · −1.6 pp▼ −1.3%Nifty +0.1% · −1.5 pp▼ −4.1%Nifty −0.8% · −3.3 pp▲ +3.3%short build-up
8 of 17 bulletins

Quarterly results

consolidated · latest filed 28 Jul, 03:11 pm IST · NSE filings

Revenue ₹3,829 cr, +22% on a year earlier; profit ₹305 cr, −5.9% in the Jun 2026 quarter, consolidated.

Last 8 quarters, consolidated₹ crore as filed · year on year against the same quarter a year earlier · market: close on the first session after the filing against the last close before it, Nifty 50 over the same session
Quarterly results of SUZLON on the consolidated basis with the market's move on the first session after each filing
QuarterRevenue ₹ crRevenue YoYProfit ₹ crProfit YoYEPS ₹Market on the day
Jun 2026filed 28 Jul₹3,829 cr▲ +22%₹305 cr▼ −5.9%0.22▼ −9.7%Nifty 0.0% · −9.6 pp
Mar 2026filed 25 May₹5,493 cr▲ +45%₹1,114 cr▼ −5.6%0.81▲ +1.1%Nifty −0.5% · +1.6 pp
Dec 2025filed 5 Feb₹4,236 cr▲ +42%₹445 cr▲ +15%0.32▲ +0.4%Nifty +0.2% · +0.2 pp
Sept 2025filed 4 Nov₹3,871 cr▲ +84%₹1,279 cr▲ +540%0.93▼ −0.6%Nifty −0.3% · −0.3 pp
Jun 2025filed 12 Aug₹3,132 cr▲ +55%₹324 cr▲ +7.3%0.24▼ −4.4%Nifty +0.5% · −4.9 pp
Mar 2025filed 29 May · audited₹3,790 cr▲ +73%₹1,181 cr▲ +360%0.86▲ +9.3%Nifty −0.3% · +9.6 pp
Dec 2024filed 28 Jan₹2,975 cr▲ +91%₹388 cr▲ +91%0.28▲ +5.0%Nifty +0.9% · +4.1 pp
Sept 2024filed 28 Oct₹2,103 cr▲ +48%₹201 cr▲ +96%0.15▼ −2.8%Nifty +0.5% · −3.3 pp
By financial yearApril to March · each year the sum of its four quarters as filed, consolidated · EPS summed across the quarters · only complete years
Financial-year results of SUZLON on the consolidated basis, summed from the quarters filed
YearRevenue ₹ crRevenue YoYProfit ₹ crProfit YoYEPS ₹
FY26to Mar 2026₹16,732 cr▲ +54%₹3,163 cr▲ +53%2.30
FY25to Mar 2025₹10,890 cr▲ +67%₹2,072 cr▲ +210%1.51
FY24to Mar 2024₹6,529 cr—₹660 cr—0.50

Fundamentals

consolidated · filings to Jun 2026 · close ₹38.91 on 1 Oct

SUZLON trades at 17 times trailing earnings against 58 for its industry, 5.7 times book value, revenue +45% over twelve months, market cap ₹53,000 cr.

Valuationarithmetic on filings and the close · each cell names what it rests on · — where an input is missing
Market cap
₹53,000 cron 1 Oct · free float ₹47,000 cr
Price to earnings
17consolidated · four quarters to Jun 2026 · industry 58
Trailing EPS
₹2.28diluted · consolidated · four quarters to Jun 2026
Price to book
5.7consolidated · balance sheet to Mar 2026
Book value a share
₹6.88consolidated · balance sheet to Mar 2026 · over NSE's share count
Debt to equity
0.03borrowings over equity · consolidated · balance sheet to Mar 2026
Return on equity
40%trailing profit over average equity · consolidated
Dividend yield
—no dividend with an ex-date in 365 days
Face value
₹2a share
Shares outstanding
1,375 cron 1 Oct
Growthsums of the four quarters filed to Jun 2026 · growth against the four quarters before them · consolidated
Revenue, trailing 12 months
₹17,429 crfour quarters to Jun 2026
Revenue growth, 12 months
▲ +45%against the twelve months before
Revenue 3-year CAGR
▲ +43%trailing twelve months against the twelve months 3 years earlier · consolidated
Profit, trailing 12 months
₹3,144 crfour quarters to Jun 2026
Profit growth, 12 months
▲ +50%against the twelve months before
Profit 3-year CAGR
▲ +78%trailing twelve months against the twelve months 3 years earlier · consolidated
PeersBSE sub-group Heavy Electrical Equipment · F&O stocks with filings on record · industry P/E 58, market caps over trailing profit of 7 stocks
Stocks in the BSE sub-group Heavy Electrical Equipment with market cap, price to earnings and price to book
StockMarket cap ₹P/EP/BClose ₹
BHELBharat Heavy Electricals Limited1,50,000 cron 1 Oct60consolidated5.6₹421.00
ABBABB India Limited1,50,000 cron 1 Oct49consolidated16₹6,900.00
POWERINDIAHitachi Energy India Limited1,40,000 cron 1 Oct120standalone27₹31,290.00
CGPOWERCG Power and Industrial Solutions Limited1,40,000 cron 1 Oct58consolidated17₹879.00
SIEMENSSiemens Limited1,40,000 cron 1 Oct—9.8₹3,804.00
ENRINSiemens Energy India Limited1,20,000 cron 1 Oct—25₹3,334.00
GVT&DGE Vernova T&D India Limited1,10,000 cron 1 Oct83standalone40₹4,253.20
SUZLONSuzlon Energy Limited53,000 cron 1 Oct17consolidated5.7₹38.90
THERMAXThermax Limited40,000 cron 1 Oct—7.2₹3,360.60
SCHNEIDERSchneider Electric Infrastructure Limited30,000 cron 1 Oct—39₹1,275.40
TDPOWERSYSTD Power Systems Limited25,000 cron 1 Oct—23₹792.15
AZADAzad Engineering Limited18,000 cron 1 Oct—12₹2,860.90
TRITURBINETriveni Turbine Limited17,000 cron 1 Oct—12₹530.00
KARAMTARAKaramtara Engineering Limited13,000 cron 1 Oct——₹410.95
ATLANTAELEAtlanta Electricals Limited13,000 cron 1 Oct—14₹1,716.50
QPOWERQuality Power Electrical Equipments Limited12,000 cron 1 Oct—16₹1,564.60
INOXWINDInox Wind Limited12,000 cron 1 Oct29consolidated1.5₹68.75
VOLTAMPVoltamp Transformers Limited11,000 cron 1 Oct—5.9₹10,426.00
ELECONElecon Engineering Company Limited9,900 cron 1 Oct—4.3₹440.00
TARILTransformers And Rectifiers (India) Limited8,400 cron 1 Oct—5.5₹280.80
POWERICAPowerica Limited7,500 cron 1 Oct—3.7₹589.15
KANOHARKanohar Electricals Limited7,200 cron 1 Oct——₹906.35
TRANSRAILLTransrail Lighting Limited6,400 cron 1 Oct—2.8₹474.90
SKIPPERSkipper Limited6,100 cron 1 Oct—4.1₹541.20
SHILCTECHShilchar Technologies Limited4,600 cron 1 Oct—9.4₹4,033.00
GVPILGE Power India Limited4,600 cron 1 Oct—7.8₹679.50
INDOTECHIndo Tech Transformers Limited3,600 cron 1 Oct—9.5₹3,347.60
BBLBharat Bijlee Limited2,300 cron 1 Oct—1.1₹2,069.60
EXICOMExicom Tele-Systems Limited2,100 cron 1 Oct—3.2₹151.10
MARSONSMarsons Limited2,000 cron 1 Oct—9.0₹114.25
BAJELBajel Projects Limited1,900 cron 1 Oct—2.5₹163.65
JYOTISTRUCJyoti Structures Limited1,100 cron 1 Oct—2.2₹8.90
SWELECTESSwelect Energy Systems Limited900 cron 1 Oct—0.94₹592.90
WAAREEINDOIndosolar Limited850 cron 1 Oct—3.0₹203.40
SURANASOLSurana Solar Limited120 cron 1 Oct—2.1₹24.15
TARAPURTarapur Transformers Limited24 cron 1 Oct——₹12.20
AARTECHAartech Solonics Limited————
NEUEONNeueon Corporation Limited————

Shareholding

quarter to 30 Jun · none pledged · NSE filings

Promoters hold 11.7%, foreign portfolio investors 23.3%, mutual funds 6.5% and insurance companies 2.2%, as filed for the quarter to 30 Jun.

By category, last 5 quarterspercent of shares · beneath each figure, the change in percentage points against the previous quarter on file
Shareholding of SUZLON by category over the last 5 quarters with the change against the previous quarter
Category30 Jun31 Mar31 Dec30 Sept30 Jun
Promoters11.71▼ −0.02 pp11.730.00 pp11.730.00 pp11.73▼ −0.01 pp11.74
Foreign portfolio investors23.26▲ +0.30 pp22.96▲ +0.12 pp22.84▲ +1.03 pp21.81▼ −0.32 pp22.13
Mutual funds6.47▲ +1.60 pp4.87▲ +0.05 pp4.82▼ −0.09 pp4.91▼ −0.33 pp5.24
Insurance companies2.17▲ +0.39 pp1.78▼ −0.21 pp1.99▼ −0.66 pp2.65▲ +0.23 pp2.42
Banks and financial institutions2.48▼ −0.05 pp2.53▲ +0.11 pp2.42▼ −0.16 pp2.58▲ +0.07 pp2.51
Individual investors40.40▼ −0.21 pp40.61▲ +0.05 pp40.56▼ −0.11 pp40.67▲ +0.52 pp40.15
Bodies corporate9.74▼ −2.01 pp11.75▼ −0.09 pp11.84▲ +0.02 pp11.82▼ −0.15 pp11.97
Other foreign holders2.750.00 pp2.750.00 pp2.750.00 pp2.75▼ −0.01 pp2.76
Others1.020.00 pp1.02▼ −0.03 pp1.05▼ −0.03 pp1.080.00 pp1.08

Corporate actions

NSE and BSE records

Nothing upcoming on record; the last was a Annual General Meeting, ex-date 3 Sept 2024.

Actionsex-dates · upcoming first, then the last eight · dividends in rupees a share, bonus and split as ratios
Corporate actions of SUZLON, upcoming first, then the most recent
Ex-dateActionAmount or ratioRecord dateSource
recent
3 Sept 2024otherAnnual General Meeting——NSE
Calendaras notified to the exchange
Next results
—no board meeting notified yet
Dividends in 365 days
—a share · ex-dates inside the year
Last dividend
—none on record

Price history

272 sessions on record · to 1 Oct · NSE end of day

SUZLON is −14.4% over 20 sessions against Nifty's −6.2%, 37% below its 52-week high, realised volatility 24% annualised.

Returns against Nifty 50longest window first · Nifty 50 over the same sessions
Returns of the stock and Nifty 50 over six windows, longest first
WindowFrom ₹SUZLON %Nifty 50 %Difference pp
250 sessionssince 26 Sept₹55.28▼ −30%▼ −9.1%−21
120 sessionssince 9 Apr₹44.23▼ −12%▼ −5.7%−6.3
60 sessionssince 8 Jul₹53.13▼ −27%▼ −6.1%−21
20 sessionssince 2 Sept₹45.46▼ −14%▼ −6.2%−8.2
5 sessionssince 24 Sept₹40.74▼ −4.5%▼ −2.8%−1.7
1 sessionsince 30 Sept₹39.49▼ −1.5%▼ −0.88%−0.59
Averages of the closeclose against each average
5-session average
₹39.67close −1.9% from it
20-session average
₹42.74close −9.0% from it
50-session average
₹45.84close −15% from it
200-session average
₹49.16close −21% from it
Range and volumetrue range over 14 sessions · high to low over 20 · volume against the 20-session average
Average true range, 14
₹1.33.2% of the close
Average day's range, 20
₹1.12.7% of the close
Volume against 20 sessions
0.99×5.3 cr vs 5.4 cr average
Volatility and co-movement with Nifty 50annualised from daily log returns · counts share one denominator per cell
Realised volatility, 20
24%≈ ±1.5% a session · moved more than that on 5 of 20
Realised volatility, 60
29%≈ ±1.9% a session · moved more than that on 11 of 60
Realised volatility, 250
33%≈ ±2.1% a session · moved more than that on 66 of 250
Beta to Nifty, 60
0.75moved with Nifty on 36 of 60 sessions
Beta to Nifty, 250
1.31moved with Nifty on 161 of 250 sessions
Up and down sessionscloses above and below the previous close
Last 20 sessions
6 up · 14 downof 20
Last 60 sessions
22 up · 37 downof 59
Last 250 sessions
107 up · 139 downof 246
Best session, 250
▲ +7.1%15 Apr
Worst session, 250
▼ −9.6%28 Jul

Suzlon Energy Limited is in 22 NSE indices

all 22 indices

17 bulletins on SUZLON

latest 29 Jul 2026

Beats in the coverage

Often mentioned with

July 2026

Suzlon Energy price target cut, management expects stronger H2UBS and Nuvama cut price targets for Suzlon Energy after a 10% drop in share price post Q1 results. The management expects a stronger second half with a projected H1/H2 delivery split of 35-40%/60-65%.Medium Suzlon Energy Q1 profit down 6% despite 22% revenue growthSuzlon Energy reported a 6% decline in Q1 FY27 net profit to ₹305 crore, while revenue rose 22.5% to ₹3,819 crore. The company also achieved record first-quarter deliveries of 506 MW, indicating strong operational performance despite profit drop.Medium Suzlon hits day high after 201.6 MW Waaree order winSuzlon Energy shares rose to ₹53.22 after winning a 201.6 MW wind power order from Waaree Group, marking Waaree's entry into wind energy. Suzlon will manage the project from turbine supply to maintenance, enhancing its market position in renewables.High Suzlon Energy and Inox Wind Q1 results preview and targetsSystematix maintains Buy ratings on Suzlon Energy and Inox Wind ahead of Q1 results, with price targets of ₹71 and ₹109. The firms are expected to achieve 17% YoY revenue growth and 14% YoY EBITDA growth, reflecting normal seasonal performance.Medium Centrum Broking previews Q1 results for renewable energy firmsCentrum Broking maintains Buy ratings on Suzlon, NTPC Green, Waaree Energies, and ACME Solar ahead of Q1 results, anticipating healthy performance driven by rising power demand and significant renewable capacity additions in FY27.Medium

June 2026

Suzlon Energy gains 2% on 105 MW wind order winSuzlon Energy shares rose 2% to ₹58.15 after winning a 105 MW wind energy order from Sunsure Energy. This marks the commercial debut of the S175 turbine model, enhancing their partnership to 400.8 MW in the last 14 months.Medium Suzlon secures 400 MW wind EPC order from Tata PowerSuzlon Energy Limited has secured a 400 MW wind energy EPC contract from Tata Power Renewable Energy, increasing their cumulative order book to over 1 GW. The project in Andhra Pradesh will install 127 wind turbines with a capacity of 3.15 MW each.High

May 2026

Suzlon Energy secures NCLT approval for reserve reorganisationSuzlon Energy Limited received NCLT approval for its reserve reorganisation scheme, effective from 30 September 2024. This approval, granted on 29 April 2026, is expected to enhance the company's financial structure and boost investor sentiment.Medium

March 2026

Suzlon Group secures 100 MW wind project orderSuzlon Group has secured a 100 MW wind energy project order from GAIL in Maharashtra, involving 47 wind turbine generators. This project enhances Suzlon's position in the renewable energy sector, likely boosting market confidence.High Suzlon Group secures 100 MW wind project orderSuzlon Group secured a 100 MW wind project order from GAIL to be executed in Maharashtra. The project includes installation of 47 wind turbine generators and full lifecycle management, reflecting the increasing demand for renewable energy in India.Medium

February 2026

Suzlon reports strong Q3 but EPS decline raises concernsSuzlon Group posted a 42% revenue increase to ₹4,228 crore and 48% EBITDA growth to ₹739 crore in Q3 FY26. However, a decline in net cash position raised investor concerns, leading to a stock dip to ₹47.85.Medium Suzlon Energy reports Q3 revenue growth but stock declinesSuzlon Energy reported Q3 results with revenue growth of 42.4% YoY to ₹4,228.1 cr and net profit up 14.8% to ₹445.2 cr. Despite strong performance, shares fell over 4%, suggesting market skepticism.Medium

January 2026

Suzlon secures 248.5 MW wind order from ArcelorMittalSuzlon secured a 248.5 MW wind order from ArcelorMittal for a hybrid project in Gujarat, contributing to its total green steel capacity of approximately 1,156 MW in India. This marks a significant step in the decarbonization of steel production.High Suzlon secures 248.5 MW wind project from ArcelorMittalSuzlon secured a 248.5 MW wind project from ArcelorMittal, enhancing its green steel capacity to approximately 1,156 MW. This project is part of a 550 MW hybrid initiative aimed at decarbonizing steel production in India.High Suzlon secures 248.5 MW wind project for green steelSuzlon secured a 248.5 MW wind project from ArcelorMittal, increasing its green steel capacity to 1,156 MW. This project is part of a 550 MW hybrid initiative in Gujarat, emphasizing Suzlon's role in decarbonizing steel production in India.High Suzlon Energy gains 3.5% on 248 MW order winSuzlon Energy shares rose 3.5% to ₹47.38 after securing a 248.85 MW wind energy order from ArcelorMittal. This marks Suzlon's first order from the group, increasing its total capacity in Gujarat to 4.5 GW.High

December 2025

Analysts upgrade targets for Suzlon Energy stockHigh

About Suzlon Energy Limited

exchange masters as of 18 Sept 2026 · classification by BSE
Company
Suzlon Energy Limited
Exchange
NSE · BSE 532667, group A
Listed on NSE
19 Oct 2005
Classification
Industrials › Capital Goods › Electrical Equipment › Heavy Electrical Equipment
Index
BSE 100
Face value
₹2 a share
ISIN
INE040H01021
Sessions on record
272
Price source
NSE UDiFF bhavcopy · end of day · delayed
Filings
NSE and BSE public disclosures · results, shareholding and corporate actions as filed
Computed
1 Oct, 09:18 pm IST
Bulletins
17 · written by the desk · not a recommendation

OI Charts is not a SEBI-registered investment adviser or research analyst. Prices, open interest, filings and the desk read are exchange data and arithmetic on it, not a basis for any investment decision.