Promoters sold 20,00,00,000 shares: Wind energy stock below Rs 70 jumps after company to Power Zelestra’s first FDRE project with 381 MW order across three states

DSIJ Intelligence-1 / 01 Aug 2025/ Categories: Multibaggers, Trending

Promoters sold 20,00,00,000 shares: Wind energy stock below Rs 70 jumps after company to Power Zelestra’s first FDRE project with 381 MW order across three states

The stock gave multibagger returns of 930 per cent in 3 years and a whopping 1,540 per cent in 5 years.

On Friday, shares of Suzlon Energy Ltd jumped 6.35 per cent to Rs 65.50 per share from its previous closing of Rs 61.59 per share. The stock’s 52-week high is Rs 86.04 and its 52-week low is Rs 46. The shares of the company saw a spurt in volume by more than 2 times on the BSE.

Suzlon Energy Ltd. has secured a significant 381 MW order from Zelestra India and its affiliates, marking Zelestra's inaugural Firm and Dispatchable Renewable Energy (FDRE) project. This landmark partnership highlights a growing trend in India's renewable energy sector, as companies increasingly rely on Suzlon for its comprehensive wind energy solutions, ranging from advanced turbine technology to 25 years of lifecycle support. The order involves the supply of 127 S144 Wind Turbine Generators (WTGs), each with a rated capacity of 3 MW, further boosting Suzlon's S144 orderbook to approximately 91 per cent.

The 381 MW project will be strategically spread across three states: Maharashtra (180 MW), Madhya Pradesh (180 MW), and Tamil Nadu (21 MW). The portions in Maharashtra and Madhya Pradesh are part of SJVN's FDRE bid, while the Tamil Nadu component will specifically cater to Commercial & Industrial (C&I) power consumers. This multi-state execution underscores Suzlon's capability to deliver large-scale, reliable, and scalable renewable energy solutions, aiding both corporate and utility players in achieving their decarbonization objectives efficiently.

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About the Company

Suzlon Group, headquartered in Pune, India, is a global renewable energy solutions provider with approximately 21.1 GW of wind energy capacity installed across 17 countries. As India's No. 1 Renewable Energy Solutions company, it manages 15.1 GW of assets in India and an additional approximately 6 GW installed outside the country. With 30 years of operational excellence and a diverse workforce of around 7,800 employees, Suzlon's portfolio includes advanced 2.x MW and 3.x MW series wind turbines.

In the financial results for the fiscal year 2024-25 (FY25), marking its best performance in a decade. The company reported a 103 per cent year-on-year increase in Profit Before Tax (PBT) to Rs 1,447 crore, reaching its highest PBT in a decade. Revenue also saw a significant 67 per cent increase, climbing to Rs 10,851 crore, while EBITDA surged by 81 per cent to Rs 1,857 crore. Profit After Tax (PAT) stood at Rs 2,072 crore, which includes a Deferred Tax Asset recognition of Rs 638 crore. These strong financial outcomes, coupled with a substantial firm order book of 5.6 GW and a net cash position of Rs 1,943 crore, underscore Suzlon's successful business transformation and operational focus.

Suzlon Energy Ltd is a mid-sized company in the power sector, listed on the Bombay Stock Exchange (BSE) & National Stock Exchange (NSE) with a market capitalisation surpassing Rs 89,000 crore. The company is also included in the BSE's Power Index, reflecting its focus on the power industry. In June 2025, promoters sold 20,00,00,000 shares and decreased their stake to 11.75 per cent compared to 13.25 per cent in March 2025. The stock gave multibagger returns of 930 per cent in 3 years and a whopping 1,540 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.