Suzlon share price: Retail shareholding rises in this multibagger stock in Q4 despite near-term weakness

Suzlon share price surged more than 5% during Friday’s trading session amid strength in the Indian stock market and amid promising shareholding data for the March 2025 quarter. 

According to the latest data on BSE, by the end of the March quarter, approximately 56.12 lakh retail shareholders—those with authorized share capital up to ₹2 lakh—owned shares of Suzlon Energy, compared to 54.09 lakh in December of the previous year.

As per the exchange filing, retail investors currently possess a 25.12% stake in Suzlon Energy, an increase from a 24.49% stake at the end of the December quarter. Foreign portfolio investors (FPIs) kept their stake in Suzlon Energy stable at approximately 23%. However, domestic mutual funds in India have reduced their investment in the company during the March quarter to 4.17% from 4.44% in December.

Suzlon share price trend

Suzlon share price has faced selling pressure, declining almost 40% from its 52-week high on September 12, 2024. Suzlon share price increased by 23.84% over the last year but lagged behind the sector growth of 32.22%, according to Trendlyne data. Nonetheless, the stock has appreciated by more than 300% over a three-year period, providing multibagger returns to its long-term investors.

According to Rajesh Bhosale, Equity Technical and Derivative Analyst at Angel One, Suzlon share price are trading in a range of ₹48-60 and despite a strong broad-based move, the prices are trading flat in today's sessions. Next momentum move would be seen only on a move beyond ₹48-60, Bhosale said.

Further, Anshul Jain, Head of Research at Lakshmishree Investment and Securities, stated that Suzlon share price is forming a 48-day-long rectangle pattern with boundaries at ₹48 and ₹60. Last week's failed breakdown below the lower boundary hints at a classic shakeout, eliminating weak hands while stronger hands likely accumulate, he said.

“The stock now trades in the middle of the range and looks poised for a move. A breakout and sustained move above ₹54 could quickly take the stock towards the upper end of the range at ₹59– ₹60, offering a solid swing trading opportunity,” added Jain.

Suzlon Q3 results

Renewable energy solutions provider Suzlon Energy reported a 91% increase in consolidated net profit, reaching ₹388 crore for the December quarter, driven by higher revenues. In the quarter that ended on December 31, 2023, the company had a net profit of ₹203 crore, according to a company announcement.

As per the statement, net revenue climbed to ₹2,969 crore, up from ₹1,553 crore during the same time last year. The company also set a record for quarterly deliveries, achieving 447 MW in the October-December 2024 period.

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