Suzlon Shares Up 20% In One Month; Strong FY27 Capacity Additions Expected

Shares of Suzlon Energy have surged more than 20% over the past month, supported by rising temperatures and expectations of higher electricity demand. The stock has also gained about 10% in the last five days.

At 1:03 pm, Suzlon Energy shares were trading at ₹49.38 a piece on the National Stock Exchange (NSE), up 0.51%. Despite the recent rally, the stock remains down nearly 6% so far in 2026. However, over a longer period, it has delivered strong returns, rising more than 510% in five years.

Brokerages have projected a 30% upside from current levels. They feel Suzlon is an unintended beneficiary of the Iran–US conflict, which has begun to affect global energy supply.

Factors Likely To Aid Growth

Brokerages highlight these factors that are likely to aid Suzlon’s growth in the coming days:

Stress On Solar Power Generation

The latest report highlighted that peak power demand during hot and humid evenings is now similar to solar-hour demand in an El Niño year. This creates stress as solar generation, which contributes nearly 80 gigawatts (GW), is not available after sunset.

Fall In Gas-Based Power Generation

Also, there has been a sharp fall in gas-based power generation. Output has dropped to about 2 GW from 8-12 GW earlier. This is amid disruptions linked to the Middle East situation. Hydro power may also face constraints this summer. Lower winter rainfall and reduced snow cover in the first four months of 2026 have raised concerns about water availability.

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Concerns And Outlook

That said, Suzlon has faced a gap between deliveries and installations in recent quarters. Brokerages, however, expect a sharp improvement in Suzlon’s commissioning activity in the first half of FY27. This could support cash flows and help the company secure new orders.

Sources:

The Economic Times

Business Today