Suzlon Share Price Near 52‑Week Low: Fundamentals, Order Book and Outlook

Current Price and Market Capitalisation

On 5 October 2026, Suzlon Energy’s share price was trading within 2 % of its 52‑week low at Rs 38.9, down 0.15 % from the previous close, with a market capitalisation of about Rs 53,555.5 crore (source). The same pattern appeared on 1 October 2026, when the stock stood at Rs 38.83, down 1.5 % from the prior close, and the market cap was Rs 54,297.8 crore (source). These two consecutive sessions kept the price inside the yearly‑low band, which explains why retail investors have been searching for “suzlon share price” in large numbers.

Fundamental Strengths

Despite the price weakness, Suzlon’s fundamentals remain strong. The Univest update of 5 Oct 2026 shows a P/E ratio of 17.03×, a P/B of 5.55×, an ROE of 41.32 % and an ROCE of 35.79 % (source). These figures are well above the Electric Equipment industry medians (P/E ≈ 33×, ROE ≈ 17 %, ROCE ≈ 20 %) cited in the same analysis (source). The 1 Oct 2026 blog reports almost identical numbers (P/E 17.23×, P/B 5.62×, ROE 41.32 %, ROCE 35.79 %) (source). A high ROE indicates that the company generates substantial profit from shareholders’ equity, while a solid ROCE shows efficient use of capital. Suzlon also discloses an installed wind base of 22 GW across 17 countries and a 28 % market share in India’s wind sector (source), underscoring its scale in the renewable‑energy equipment market.

Order Book and FY31 Roadmap

The company’s order book exceeds 6 GW of wind‑turbine contracts from marquee customers (source). Suzlon’s FY31 vision calls for annual renewable‑energy sales to rise four‑fold to 10 GW, the order book to grow to 15 GW, and assets under management to reach 70 GW, aiming for a 40 % share of India’s wind market (source). This full‑stack renewable‑energy model (Wind‑First Full‑stack RE Tech Solutions, RE DevCo, RE Projects, RE Asset Management) is intended to shift earnings toward higher‑margin, annuity‑type revenue, which could improve profitability if execution succeeds.

Recent Financial Performance

In Q1FY27, Suzlon’s revenue increased 23 % year‑on‑year, driven by a record 506 MW of deliveries (up 14 % YoY) and 269 MW commissioned (up 2.3× YoY) (source). However, margins contracted versus Q1FY26 and net profit fell, indicating pressure on profitability despite strong top‑line growth (source). Over the past twelve months the share price has declined roughly 29 % (source). This divergence between rising revenue and falling profit highlights the importance of margin management as the company scales its higher‑value services.

Technical Indicators and Search Trends

Technical gauges show weak momentum: the relative strength index (RSI) is around 22.5, and the stock trades below both its 50‑day and 200‑day moving averages (source). Such readings often accompany sustained selling pressure near long‑term support levels. Meanwhile, Google Trends recorded a 100 % jump in searches for “suzlon share price” in India over the past 24 hours, with approximately 2 000 queries (source), reflecting heightened retail interest in the stock’s price action.

What Investors Should Watch Next

The divergence between Suzlon’s robust operating metrics and its depressed share price hinges on execution of the FY31 roadmap, ability to convert the 6 GW order book into revenue, and whether margin pressure eases as the company scales its higher‑value renewable‑services portfolio. Market participants will also monitor whether the price finds sustained support above the current low zone or breaks further downward. Verifying the latest prices and fundamentals on the official NSE (nseindia.com) and BSE (bseindia.com) websites is advised before making any investment decision.