Suzlon Energy Share Slips Below ₹60 Despite Early Gains, Down 0.78% on April 22
Suzlon Energy share opened higher but failed to hold momentum, falling by 0.78% to ₹59.82 in early trade today. Here’s the full trading snapshot.
Key Highlights:
Suzlon Energy Share Falls Below ₹60 After Volatile Start – April 22, 2025
Suzlon Energy kicked off the trading session on April 22, 2025, with promise, opening at ₹60.95. However, the early momentum could not be sustained as the stock soon dropped to ₹59.82, reflecting a 0.78% decline from the previous close of ₹60.29.
Key Metrics and Intraday Highlights
As of 9:54 AM IST, Suzlon Energy’s trading details are as follows:
- Opening Price: ₹60.95
- Day’s High: ₹61.58
- Day’s Low: ₹59.27
- Last Traded Price (LTP): ₹59.82
- Previous Close: ₹60.29
- Change: -₹0.47
- % Change: -0.78%
- Market Cap: ₹81,650 Crore
- P/E Ratio: 71.43
- 52-Week High: ₹86.04
- 52-Week Low: ₹37.90
Volatility Hits Suzlon Despite Renewables Buzz
Suzlon Energy has been under the spotlight thanks to India’s ambitious renewable energy targets. Despite long-term bullish trends, short-term volatility has plagued the stock. Today’s minor dip could be attributed to profit booking, particularly after the recent rally that pushed Suzlon close to its ₹60 support level.
What This Means for You
- Traders should watch for buying interest around ₹59.50–₹59.70 zones.
- Investors may interpret this as healthy consolidation before another upward move.
- Analysts remain cautiously optimistic amid Suzlon’s project pipeline and sectoral tailwinds.
How to Take Action
- Short-term view: Avoid fresh long positions until it sustains above ₹61.60.
- Mid-term outlook: Monitor order book announcements and margin improvements.
- Long-term call: Investors bullish on renewables may consider SIP-style entries near key support levels.
Who Will Be Affected
- Retail investors who entered near the ₹60–₹62 zone may feel the pinch today.
- Institutional funds tracking renewables could reassess exposure if weakness persists.
- Derivatives traders eyeing near-expiry options may find volatility challenging.
Suzlon’s Trajectory in the Broader Energy Market
Suzlon Energy has remained a top player in India’s wind energy segment. While today’s drop might appear modest, it reflects broader sentiments in the energy space, where investor sensitivity to global cues and local policy changes is heightened.
Final Take on Suzlon Energy April 22 Performance
Despite a promising start, Suzlon Energy’s share price fell 0.78% to ₹59.82, indicating profit-booking pressure and market hesitation. However, the company’s long-term fundamentals tied to India’s renewable push remain intact. Investors are advised to stay updated on upcoming earnings and project announcements for better decision-making.
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