Suzlon Shares In Focus After Order Win From Bpcl; Check Preview & Price target

Shares of Suzlon Energy Ltd will beryllium successful attraction during nan trading convention connected Friday aft nan institution bagged an bid triumph from Bharat Petroleum Corporation (BPCL), which is aiming towards modulation to renewable power and trim reliance connected imported fossil-based power. The projects are expected to beryllium completed and commissioned wrong 2 years.

India's starring lipid and state institution BPCL announced that it has awarded contracts for nan improvement of 100 MW Windfarm Projects—50 MW each successful nan states of Madhya Pradesh and Maharashtra. The missive of grant (LoA) has been issued to Suzlon Energy for nan 50 MW upwind task successful Madhya Pradesh and to Integrum Energy Infrastructure for nan 50 MW task successful Maharashtra.

"The upwind farms will cater to nan captive powerfulness requirements of BPCL’s Mumbai Refinery (Maharashtra) and Bina Refinery (Madhya Pradesh), substituting accepted fossil-based power sources pinch clean, renewable upwind energy. This inaugural marks a important milestone successful BPCL’s Renewable Energy roadmap, which envisions an eager 10 GW portfolio by 2040," said BPCL.

Shares of Suzlon Energy settled astatine Rs 53.22 connected Thursday, falling 2.60 per cent for nan day. The full marketplace capitalization of nan institution stood supra Rs 72,500 crore. The banal is presently 38 per cent beneath its 52-week precocious astatine Rs 86.04, deed successful September 2024. The banal is down 20 per cent connected a year-to-date (YTD) basis.

Suzlon Energy is yet to denote its results for nan 4th ending connected March 31, 2025. The institution has besides not disclosed nan day for its quarterly net truthful far. Suzlon Energy is yet to make an announcement of this bid triumph pinch nan exchanges.

Promoters held 13.25 per cent liking successful Suzlon Energy arsenic of March 31, 2025, while nationalist investors owned 86.75 per cent liking successful nan company. Mutual Funds owned 56,85,49,308 equity shares, 4.17 per cent stake, successful nan company. Among nan unit investors, investing up to Rs 2 lakh successful Suzlon, 56,12,976 investors ain 3,42,86,32,527 equity shares, aliases 25.12 per cent stake, arsenic of Q4FY25.

Domestic brokerage JM Financial expects Suzlon Energy's gross to summation 56 per cent YoY to Rs 3,421.1 crore successful March 2025 4th owed to estimates of higher dispatches successful nan quarter. Improvement successful Ebitda is apt owed to amended orders dispatch and execution YoY. It is expecting Ebitda to travel successful astatine Rs 542.4 crore, up 52 per cent YoY, while nett profit whitethorn travel successful astatine Rs 444.7 crore, up 75 per cent YoY. 
 

JM Financial has a 'buy' standing connected Suzlon pinch a target value of Rs 71. Another brokerage firm Motilal Oswal has a 'buy' standing connected nan banal pinch a target value of Rs 75.