Suzlon share price rebounds from day’s low after announcement of this growth plan
Suzlon share price has fallen 3% in one month and has rallied over 32% in three months. The stock has gained 3% in six months, but has fallen 20% in one year. Suzlon shares have delivered multibagger returns of 393% in three years.
Suzlon share price rebounded from day’s low after the company announced its growth ambition of 10 GW Renewable Energy sales and 70 GW of Asset Under Management (AUM).
Suzlon Energy said it is entering a transformative growth phase - Suzlon 2.0 with an ambition to become one of the world’s most integrated renewable energy companies.
By FY31, the company aims to expand annual renewable energy sales fourfold to 10 GW, grow its orderbook to 15 GW, and scale its AUM fourfold to 70 GW, building a strong annuity-led business.
“This growth will be supported by a ~40% market share in India’s wind market, 3 GW export order intake, and a shift towards a higher-value mix by targeting a ~60% volume contribution from RE DevCo,” Suzlon Energy said in a release on June 3.
Suzlon is India’s first full-stack renewable energy company encompassing all technologies - Wind, Solar, BESS and Energy Management Service - under a single, bankable delivery model.
It launched RE DevCo, India’s first integrated renewable energy co-development platform, which is expected to contribute ~60% of volumes.
“RE DevCo will be the growth engine of Suzlon 2.0. We aim to capture 60% of our volume contribution from RE DevCo, leading to 40% market share in the Indian wind market. We are targeting 15 GW of RE orderbook and 3 GW of export order intake by FY31,” said Ajay Kapur, Chief Executive Officer, Suzlon Group.
Suzlon Share Price Performance
Suzlon share price has fallen 3% in one month and has rallied over 32% in three months. The stock has gained 3% in six months, but has fallen 20% in one year. Suzlon shares have delivered multibagger returns of 393% in three years, and a staggering 734% returns over the past five years.
At 2:40 PM, Suzlon share price was trading 0.68% lower at ₹54.16 apiece on the BSE.
About the Author
Ankit Gohel is the Deputy Chief Content Producer at Livemint, specialising in financial markets, macroeconomics, and regulatory developments. With a strong focus on equity markets, primary issuances, and policy-driven market movements, he brings clarity to complex financial developments for investors and market participants. <br><br> With nine years of experience in business and financial journalism, Ankit’s approach is rooted in the belief that market reporting should go beyond headlines — connecting data, policy, and ground realities to deliver actionable insights. His work consistently bridges the gap between institutional analysis and investor understanding. <br><br> Ankit has spent three years at Livemint, where he currently helps drive market coverage, editorial strategy, and high-impact financial stories. Prior to this, he worked with leading business news networks such as CNBC-TV18, ET Now, TickerPlant News Service where he built deep expertise in stock market analysis, macroeconomic trends, primary markets, and coverage of key regulators including the RBI and SEBI. <br><br> Over the years, he has covered market cycles across bull and bear phases, IPO booms, liquidity shocks, and major policy shifts that reshaped investor sentiment. He has interviewed fund managers, corporate leaders, and policymakers, translating their perspectives into sharp, data-backed narratives. Ankit combines speed with accuracy — ensuring timely, credible, and insight-driven financial journalism that empowers both retail and institutional audiences.
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