Suzlon Energy Ltd Share Price – NSE /  BSE

Capital Goods - Electrical Equipment, Small Cap

Suzlon Energy has allotted 6,57,000 equity shares under ESOP on 13 April 2026. With this allotment, the paid up equity share capital has increased to Rs.2743,06,79,518/- divided into 1371,53,39,759 fully paid-up equity shares having a face value of Rs.2/- each.

The project will support the decarbonisation of GAIL?s upcoming petrochemical plant in Nandurbar, Maharashtra, the company said in a statement.

Under the contract, Suzlon will install 47 wind turbine generators (WTGs) of its S120 series, each with a rated capacity of 2.1 MW. The scope of work includes supply of wind turbines, equipment installation, as well as erection and commissioning of the project.

The company will also provide comprehensive operations and maintenance services post-commissioning.

Suzlon said the order underscores its strengthening position in the PSU segment, backed by its end-to-end renewable energy solutions capabilities. The company has installed over 2.2 GW of wind energy capacity in Maharashtra and holds an estimated market share of around 38% in the state.

Ajay Kapur, chief executive officer, Suzlon Group, stated, We are happy to continue our strong relationship with GAIL, a valued partner for over 15 years and signing our sixth order together. We have worked over the years in Gujarat, Tamil Nadu and Karnataka and are now extending this partnership with a maiden order in Maharashtra. Two years ago, we re-entered the PSU segment, starting with a 1.1 GW order from NTPC. Today, PSU and C&I constitute of over 64% of our orderbook and we are working with all the leading PSUs and C&Is in the country.

The Suzlon Group is a leading global renewable energy solutions provider, with around 21.5 GW of wind energy capacity installed across 17 countries. The company?s consolidated net profit dropped 65.2% to Rs 445.28 crore despite a 9.38% rise in revenue from operations to Rs 4,228.18 crore in Q3 FY26 over Q2 FY26. On a year on year (YoY) basis, the company?s consolidated net profit and revenue jumped 15.08% and 42.42% in Q3 FY26, respectively.

GAIL (lndia) is the largest state-owned natural gas processing and distribution company in the country. It has a diversified business portfolio and has interests in the sourcing and trading of natural gas, production of LPG, liquid hydrocarbons and petrochemicals, transmission of natural gas and LPG through pipelines, etc. The company reported 19.5% drop in standalone net profit to Rs 1602.57 crore on a 2.5% fall in gross sales to Rs 34,075.81 crore in Q3 FY26 as compared with Q3 FY25. The scrip shed 0.15% to Rs 135.15 on the BSE.

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Suzlon Group announced its sixth wind energy project of ~100 MW from Gas Authority of India (GAIL). This also marks Suzlon's fourth PSU order of FY26, reflecting its growing strength in the ecosystem owing to its end-to-end capabilities.

The power generated from this project will support the decarbonization of GAIL's upcoming petrochemical plant in Nandurbar, Maharashtra.

With over 2.2 GW of installed capacity and a ~38% market share in Maharashtra, Suzlon has played a key role in the state's growth as one of India's leading renewable energy hubs.

Suzlon will install 47 state-of-the-art S120 wind turbine generators (WTGs), each rated at a 2.1 MW capacity for this project. It will supply wind turbines, oversee equipment installation, and execute the project, including erection and commissioning, while providing comprehensive operations and maintenance services post-commissioning.

Ajay Kapur, Chief Executive Officer, Suzlon Group, stated, We are happy to continue our strong relationship with GAIL, a valued partner for over 15 years and signing our sixth order together. We have worked over the years in Gujarat, Tamil Nadu and Karnataka and are now extending this partnership with a maiden order in Maharashtra. Two years ago, we re-entered the PSU segment, starting with a 1.1 GW order from NTPC Limited. Today, PSU and C&I constitute of over 64% of our orderbook and we are working with all the leading PSUs and C&Is in the country.

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Suzlon Energy Ltd gained for a third straight session today. The stock is quoting at Rs 43.05, up 3.44% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.61% on the day, quoting at 23722.1. The Sensex is at 76393.47, down 0.61%. Suzlon Energy Ltd has slipped around 5.74% in last one month.

Meanwhile, Nifty Energy index of which Suzlon Energy Ltd is a constituent, has slipped around 3.04% in last one month and is currently quoting at 36138.5, up 1.82% on the day. The volume in the stock stood at 576.64 lakh shares today, compared to the daily average of 619.82 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 43.11, up 3.46% on the day. Suzlon Energy Ltd is down 21.12% in last one year as compared to a 5.92% jump in NIFTY and a 16.88% jump in the Nifty Energy index.

The PE of the stock is 18.17 based on TTM earnings ending December 25.

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