20 Jan 2026 | 5 Mins Read
Suzlon Energy share price plummets to 9-month low
Flipitmoney
Suzlon Energy share price dipped 2% to ₹47, marking a nine-month low, due to cannibalization of wind tenders by solar+BESS, slower wind installations, and rising competitiveness. The stock has declined 36% from its June high and 45.5% from its September 2024 peak. Motilal Oswal retains 'Buy' rating with a target price of ₹74, citing data centres and other sectors driving wind demand.