Suzlon Energy Share Price Gains Over 41% in April, Logs Best April Performance Since 2009

The Nifty 50 reclaimed the important psychological mark of 24,000 on Monday, supported by a broad-based rally across Indian equities. All key sectoral indices participated in the upmove, reflecting improved market breadth and renewed buying interest.

Suzlon Energy Share Price Hits Fresh 5-Month High

Among the notable movers, Suzlon Energy stood out as the stock touched a fresh five-month high. On Monday, Suzlon Energy share price rallied nearly 4 per cent to trade at Rs 56.04, marking its highest level in the last five months.

The stock is now trading above its key moving averages, including the 20-DMA, 50-DMA, 100-DMA and 200-DMA. Importantly, Suzlon recently reclaimed its long-term 200-DMA after nearly five months, adding strength to its technical setup.

Suzlon Energy Share Price Logs Best April Performance Since 2009

Suzlon Energy share price has rallied over 47 per cent from its March lows. In April so far, the renewable energy stock has gained over 41 per cent, making it its best April performance since 2009, a period of over one-and-a-half decades.

Historically, April has been one of the most favourable months for Suzlon. Since 2009, the stock has delivered an average return of around 10 per cent in April.

GAIL Order Strengthens PSU Momentum

Last month, Suzlon announced its sixth wind energy project of around 100 MW from Gas Authority of India Limited (GAIL). This also marked Suzlon’s fourth PSU order of FY26, highlighting its growing presence in the renewable energy ecosystem, supported by its end-to-end execution capabilities.

The power generated from this project will support the decarbonisation of GAIL’s upcoming petrochemical plant in Nandurbar, Maharashtra. Suzlon will install 47 S120 wind turbine generators, each with a rated capacity of 2.1 MW, for the project.

As part of the order, Suzlon will supply the wind turbines, oversee equipment installation, and execute the project, including erection and commissioning. The company will also provide comprehensive operations and maintenance services after commissioning.

Strong Presence in Maharashtra

Suzlon continues to maintain a strong position in Maharashtra’s renewable energy market. With over 2.2 GW of installed capacity and nearly 38 per cent market share in the state, the company has played an important role in Maharashtra’s emergence as one of India’s leading renewable energy hubs.

Record Order Book in Q3FY26

In Q3FY26, Suzlon reported a record order book of 6.4 GW, up 45 per cent. The company also recorded its highest-ever quarterly deliveries at 617 MW, while 2.4 GW of execution was underway. Suzlon’s net cash position stood at Rs 1,556 crore as of December 31, 2025.

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