Suzlon share price trading below Rs 50 mark for 14 days; buy, sell or hold?

Suzlon share price: Shares of Suzlon Energy are trading below the Rs 50 mark for the 14th straight session today. The multibagger green energy stock is in a downtrend since Q1 earnings were announced on July 28. The stock has fallen 10% and given up the Rs 50 level since then. On July 28, the Suzlon Energy stock hit a high of Rs 53.21.

Technical analyst Jigar S Patel from Anand Rathi said, "Support is placed at Rs 46, while resistance stands at Rs 50. A decisive breakout above Rs 50 could open the door for further upside towards Rs 52. For the short term, the stock is expected to trade within the Rs 46-Rs 52 range."

Amid the near term correction, Suzlon Energy shares are still trading 26% higher from the 52-week low of Rs 38.17 reached on March 9 this year.  However, Suzlon Energy stock has turned oversold on charts with RSI falling to Rs 28.9.

In the long term, the stock has delivered multibagger returns of 145% in three years and 731% in five years. Suzlon Energy stock is trading higher than its 5 day, 10 day and lower than the 20 day, 30 day, 50 day, 100 day, 150 day and 200 day simple moving averages.

In the current session, shares of Suzlon Energy Ltd rose 3% to Rs 48.51. Market cap of the firm stood at Rs 66721 crore.

Suzlon Energy price targets 

With the stock falling and consolidating within a range post Q1 earnings, here's a look at what brokerages said on the outlook of the stock.

Brokerage Geojit is bullish on the outlook with a price target of Rs 56.

The company’s evolution under Suzlon 2.0 expands its addressable market and diversifies beyond standalone turbine sales.

While a higher EPC mix and increasing DevCo investments are likely to raise capital intensity, with ROCE moderating from 37% in FY26 to 23% by FY28E, Geojit believes these investments can strengthen long-term growth visibility. The brokerage's estimates remain conservative relative to Street expectations and already factor in near-term margin pressures and execution risks.

"Given its net-cash balance sheet, 19% ROE and 25% earnings CAGR, we value the stock at 28x FY28E Adj. EPS of Rs 2.0, implying a target price of Rs 56, and upgrade to a BUY rating," said Geojit after Q1 earnings.

Nuvama has a 'Hold' call on the stock with a target of Rs 51.

"We are cutting FY27/28E EPS (13 per cent/10 per cent) as we tweak margin and raise depreciation and interest costs. Retain ‘HOLD’ with a target of Rs 51 (from Rs 56) based on 30x FY28E (WTG + F&F EPS) plus DCF of O&M. At CMP, the stock trades at 26 times FY28E EPS," Nuvama said.

Centrum Broking has a price target of Rs 74 for Suzlon Energy. The brokerage expects margins to improve with recovery in deferred deliveries, better operating leverage, and a growing contribution from the high-margin O&M business, while the company's net cash position supports financial resilience.

Suzlon Q1 results 

For the quarter ended June 30, 2026 (Q1 FY27), Suzlon reported a consolidated net profit of Rs 305 crore, falling 6 per cent from Rs 324 crore in the corresponding quarter last year. EBITDA stood at Rs 595 crore during the quarter, lower than Rs 599 crore reported a year earlier. EBITDA margin came in at 15.6 per cent.

Revenue from operations, however, rose 22.52 per cent YoY to Rs 3,819 crore from Rs 3,117 crore in Q1 FY26.

Operationally, Suzlon said it recorded its highest-ever first-quarter deliveries at 506 MW, up 14 per cent YoY. Commissioning increased to 269 MW, marking a 2.3-times rise from the year-ago period.