Suzlon Energy shares saw a significant rally of 5%, hitting the upper circuit limit at Rs 62.22. The surge in stock price is driven by an upgrade by international brokerage firm Morgan Stanley. The brokerage raised its rating for Suzlon from “Equalweight” to “Overweight,” citing expectations of increased market share for the company. Morgan Stanley believes that Suzlon’s market share could grow to 35-40% by FY27.
The brokerage firm also highlighted positive industry tailwinds, with India’s wind energy market expected to generate 32GW of orders for wind Original Equipment Manufacturers (OEMs) over the next five years.
Suzlon’s Share Performance
Suzlon Energy has shown significant performance over the past six months by rising 41%. In 2025, so far, the stock has delivered 62%. Despite a 12% drop in the last month, the stock has been one of the better performers in the market, with a 50% return in the past year.
Suzlon Energy Q2 Results: Net Profit
Before moving ahead, first, take a look at the quarter results of the company. The company has recently reported an impressive growth in its quarterly earnings, announced on October 28. Suzlon Energy reported a 95.7% increase in its consolidated net profit, which rose to Rs 200.2 crore, compared to Rs 102.29 crore in Q2 FY24.
Suzlon EnergyQ2 Earnings: Revenue
The company’s revenue from operations also saw a significant rise, growing by 48% year-on-year to reach Rs 2,103 crore in Q2 FY25, up from Rs 1,421 crore in the same period last year.
Suzlon Energy Q2 Results: EBITDA
Additionally, Suzlon’s EBITDA (Earnings Before Interest, Tax, Depreciation, and Amortization) grew by 31.3%, reaching Rs 293.7 crore.
Suzlon EnergyQ2 Results: Q1 vs Q2
Earlier, in Q1 FY25, Suzlon’s profits more than tripled, rising to Rs 302 crore from Rs 101 crore in Q1 FY24. Revenue for the quarter also increased by 50%, reaching Rs 2,016 crore.
Stock Market Today
The Indian stock market has recovered from the loss. Both the Indian indices, NSE and BSE climbed over 1% on Tuesday.
