Archive · 17 Sep 2025
Suzlon Energy Receives Order from Tata Power, Stock Movement
Suzlon Energy, a company that makes wind turbines, got a big order from Tata Power to build wind farms.
This is a positive sign for the company.
A financial firm called UBS thinks Suzlon's stock is a good buy, and the company's stock price rose a little after the news.
The order involves building wind turbines in three different states.
The company's order book has grown significantly, and the company's CEO expressed excitement about the partnership.
Even with the good news, the stock price ended the day only slightly higher, having declined 10% so far this year.
Suzlon Energy received an 838 MW order from Tata Power.
The order includes 266 wind turbines across Karnataka, Maharashtra, and Tamil Nadu.
UBS has a 'Buy' rating on Suzlon, with a price target of ₹78.
Suzlon's stock closed at ₹59.28 despite the order announcement.
The latest order brings Suzlon’s order book above 6.5 GW.
- Who
- Suzlon Energy and Tata Power
- What
- Suzlon Energy received an 838 MW order from Tata Power.
- When
- The order was announced recently.
- Where
- The project will be deployed across Karnataka, Maharashtra, and Tamil Nadu.
- Why
- The order contributes to Suzlon's order book and aligns with UBS's forecast.
- Company
- Suzlon Energy
- Order from
- Tata Power
- Order Size
- 838 MW
- Turbine Type
- 266 S144 wind turbines
- UBS Rating
- Buy
- UBS Price Target
- ₹78 per share
- Stock Close
- ₹59.28