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Green energy stock under ₹70 jumps 8% after receiving an order from Zelestra

News by Aliceblue News Desk

01 Aug 2025

Green energy stock under ₹70 jumps 8% after receiving an order from Zelestra

Introduction

Leading green energy company received a 381 MW wind energy order for 127 turbines, marking a major clean energy project across Maharashtra, Madhya Pradesh, and Tamil Nadu under FDRE and C&I segments.

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Share price movement of Suzlon

On August 1, 2025, Suzlon Energy Limited opened at ₹62.01, up 0.68% from its previous close of ₹61.59. The stock hit a high of ₹66.80 and a low of ₹62.01. By 3:54 PM, it traded at ₹65.96, rising 7.10%, with a market cap of ₹90,377.60 crore.

Suzlon Secures 381 MW Wind Energy Order

Suzlon Group has secured a 381 MW wind energy order from Zelestra India and its affiliates. This marks Zelestra’s first FDRE project. The project includes 127 S144 wind turbines across three Indian states.

The project will have 180 MW in Maharashtra, 180 MW in Madhya Pradesh, and 21 MW in Tamil Nadu. It is part of SJVN’s FDRE bid in Maharashtra and MP. The Tamil Nadu project will cater to Commercial and Industrial consumers.

Recent news on Suzlon

As of April 23, 2025, Suzlon Energy Ltd secured a 378 MW wind project from NTPC Green Energy Ltd., expanding their partnership to 1,544 MW with 120 turbines and full project execution support.

Stock performance of Suzlon for Period of 1 week, 6 months, and 1 year

Suzlon Energy Ltd delivered a -3.18% return over the past week. It gained 5.91% in the past six months but declined by 9.39% over the past year.

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Shareholding pattern of Suzlon

ParticularsJun 2025Mar 2025Dec 2024
Promoter11.70%13.30%13.30%
FII23.00%23.00%22.90%
DII10.20%8.70%9.30%
Public55.10%55.00%54.60%

About Suzlon

Suzlon Energy Ltd (NSE: SUZLON) is a global renewable energy solutions provider, specializing in wind turbine manufacturing, project execution, and O&M services, offering end-to-end solutions from design to installation and maintenance.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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