JM Financial said Adani Power may report 12.3 per cent YoY decline in net profit at Rs 2,278 crore on 0.5 per cent rise in sales at Rs 14,309 crore.
Shares of renewable energy players including Suzlon Energy, Inox Wind and NTPC Green are expected to remain under scrutiny following the CERC revised DSM norms.
Suzlon Energy share price: Suzlon Energy stock closed 0.83% lower at Rs 40.78. That's a 45.11% fall from the 52-week high of Rs 74.30 reached on May 30,2025.
Alongside Suzlon, state-run BHEL is expected to have a positive quarter with a 12% revenue rise, driven by a pickup in execution and increasing share of new orders, the brokerage said.
Technically, Suzlon's counter is trading below the 5-day, 10-day, 20-day, 30-day, 50-day, 100-day, 150-day and 200-day simple moving averages (SMAs).
Companies like Adani Green, Jindal Power, JSW Energy, and Adani Power Ltd are currently leading the pack in the Day-Ahead Market (DAM) segment, as per market share, the brokerage noted.
For Ola Electric shares to revisit their September 2025 high of Rs 71.24, they need to rally 201.73 per cent from the prevailing price of Rs 23.61 apiece. Vedant Fashions required a 149 per cent surge to revisit its June 2025 high.
"Given the current geopolitical developments, we envisage higher probability of a scenario of persistently high LNG prices and intense summer," JM Financial added.
Despite the broader market sell-off on Wednesday, Suzlon Energy managed to settle in green after a sharp beatdown lately. Suzlon shares settled at Rs 41.67, rising nearly half a per cent.
Amid the ongoing correction in the broader markets, shares of Suzlon Energy are likely to remain in focus on Wednesday as the stock hit its new 52-week low on Monday.
Suzlon Energy: MOFSL said the Suzlon management highlighted that there is active engagement among state governments to have projects rebid or reconfigured.




