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Suzlon Energy Share Price Tests ₹65 Support As Pressure Mounts. What Next?


Suzlon Energy share price is trading marginally downwards today, but the overall sentiment remains positive, thanks to a strong order book, low debt and steady growth. The renewable energy company’s stock was at 65.10 at the time of writing, down by 0.18% on the daily time frame. Its RSI is currently at 51, signaling neutral-to-bullish conditions. However, it has recently broken below the Volume Weighted Moving Average (VWMA) which is at 65.61, adding downward pressure.

Suzlon’s Strong Fundamentals Provide Long-Term Support

Broadly speaking, Suzlon’s fundamentals remain strong, supported by the sentiment created by its Q4 FY25 results. The company posted a 365% year-on-year jump in consolidated net profit, surging from ₹254 crore to ₹1,182 crore. In addition, revenue climbed 73% to nearly ₹11,000 crore for the full fiscal year.

However, Suzlon’s price-to-earnings ratio has now climbed above 42, and its price-to-book is around 15, which suggests it’s trading at a premium. That puts pressure on the company to maintain, if not exceed, its current performance. For longer-term investors, the question is whether Suzlon (NSE: SUZLON) can sustain its operational momentum and deliver on its growing order book. If it does, today’s price could feel like a bargain; if not, its current premium positioning could weigh it down.

Suzlon Share Price Prediction

The momentum on Suzlon share price calls for further downside if resistance persists at ₹65.55. With the sellers in control, it will likely find initial support at ₹64.50. Breaking below that level will signal a stronger momentum that could send the action lower to test ₹63.50.

On the other hand, breaking above ₹65.55 will favour the buyers to take control. In that came, the stock will likely meet primary resistance at ₹66.35. Breaking above that level will invalidate the upside narrative. Also, an extended control by the buyers could push the action higher and test the second resistance at ₹67.30.

This article is also available in: Polski, Nederlands, हिन्दी, Deutsch, Italiano, Español, Türkçe.

The post Suzlon Energy Share Price Tests ₹65 Support As Pressure Mounts. What Next? appeared first in UK on InvestingCube.

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