Suzlon Share Price Near 21-Month Low: Is the Fall Over?

Suzlon share price today is ₹44.53 on NSE, slightly up by 0.16 percent in early trade. The stock is trading close to its 52-week low of ₹44.26 and almost 50 percent below its peak of ₹74.30. Investors are now asking one simple question. Is more correction coming or has the worst already happened?

Latest Price and Key Details

Suzlon Energy Ltd opened at ₹44.56 and touched a high of ₹44.96. The day’s low was ₹44.41. The market cap stands near ₹60,960 crore, keeping it among notable renewable energy players in India.

The P/E ratio is 18.95. That is not extremely high, not very cheap either. The company does not currently offer a dividend. So investors here are mainly betting on growth and turnaround strength.

From a 52-week high of ₹74.30 to current levels, the fall has been sharp. Such drops usually shake confidence.

Q3 FY26 Financial Snapshot

In Q3 FY26, revenue came in at ₹4.23K crore, showing a healthy 42.42 percent year-on-year growth. That part looks strong. However, earnings per share slightly missed estimates by 1.54 percent. Revenue also came a bit below market expectations.

When expectations are high, even small misses can push a stock lower. That is what may have happened here.

Why Is Suzlon Under Pressure?

Part of the pressure comes from profit booking after a strong rally in the previous year. Renewable energy stocks had seen massive interest. When prices move too fast, corrections follow.

Also, global renewable energy sentiment has been mixed. Investors are watching order inflows, execution timelines, and debt levels closely.

Still, the long-term story of clean energy in India remains intact. Government focus on wind and solar capacity expansion supports the sector.

What Should Investors Watch Now?

Suzlon share price is hovering near its yearly low. That can either mean opportunity or risk. Much depends on upcoming quarterly numbers and fresh project wins.

If revenue growth continues and margins improve, confidence may return. But volatility will likely stay.

For now, Suzlon remains a closely watched renewable energy stock, balancing between recovery hopes and market caution.