Mumbai, October 25, 2026 (Yes Punjab News)
Suzlon Energy shares have fallen nearly 55 per cent from their September 2024 peak, reversing a significant portion of the rally that followed the company’s declaration of becoming debt-free. The stock continues to face selling pressure ahead of the company’s second-quarter results for the financial year 2026-27, scheduled for October 29.
The stock had climbed from below Rs 6 per share in July 2022 to around Rs 83 in September 2024, attracting significant investor interest during its post-debt-free re-rating rally. However, a subsequent correction has erased a substantial portion of those gains.
Suzlon Energy shares closed at Rs 37.40 on the National Stock Exchange (NSE) last Friday, around 39 per cent below their 52-week high of Rs 69.50.
The recent performance reflects continued weakness in the stock. Shares declined by Rs 3.60, or 8.78 per cent, over the past five trading sessions. Over the past month, the stock fell by Rs 3.40, or 8.33 per cent, while its price dropped by Rs 19.53, or 34.31 per cent, over the last six months.
The earlier rally had been driven by investor interest following the company’s declaration that it had become debt-free, which contributed to a re-rating of the stock. The subsequent correction has significantly reduced those gains, with the shares continuing to face selling pressure even during recent rallies.
Investors are now awaiting the company’s quarterly earnings for fresh indications of its financial performance and business outlook.
In an exchange filing, Suzlon Energy said its board of directors would meet on Thursday, October 29, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026.
The company disclosed the meeting date in accordance with Regulation 29 of the Securities and Exchange Board of India’s Listing Obligations and Disclosure Requirements Regulations, 2015.
The upcoming results are expected to be closely monitored by investors as they assess the company’s financial performance amid the stock’s prolonged correction.
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