Suzlon Energy Share Price: Hits 4th Consecutive Upper Circuit – Target for 2025

Suzlon Energy Share Price: Hits 4th Consecutive Upper Circuit – Target for 2025

Suzlon Share Price, Target 2025: Suzlon Energy shares are on a hot streak, hitting consecutive upper circuits. On February 1 (Budget Day), the stock hit its fourth upper circuit in a row.

Suzlon Energy shares continued their upward momentum today (February 1, Budget Day), gaining 5% to hit an upper circuit for the fourth consecutive session.

The stock opened higher at ₹60.50 on the NSE, compared to the previous close of ₹58.17, and reached a high of ₹62.07, up 5%, triggering the upper circuit. Trading was paused after that, with 8.65 crore shares being traded.

At 10:30 AM, Suzlon Energy's share price remained near its high of the day at ₹61.02.

Performance Overview:
Suzlon Energy shares have gained consistently for the past five trading sessions, delivering a solid 22% return. The shares are currently above their 5-day and 20-day moving averages but below the 50-day, 100-day, and 200-day moving averages.

Target & Expert View:
Market expert Sachin, speaking to ET NOW, noted that Suzlon Energy shares have been moving within a long-range pattern. On the upside, the stock faces resistance between ₹69 and ₹70, while support is seen around ₹60, with ₹58 to ₹60 acting as a base.

His recommendation is to HOLD the stock, with a stop loss at ₹57 and a near-term target of ₹68 to ₹70.

Suzlon Energy Overview:
Suzlon Energy is a renewable energy company specializing in wind turbine generators and solar energy products. As a constituent of the Nifty Midcap 50 index, Suzlon Energy has delivered a positive 26% return over the past year and has surged more than 550% over the last two years. Over five years, its stock has skyrocketed by an incredible 2,500%, creating significant wealth for investors.

With a market capitalization of ₹83,250.23 crore, Suzlon Energy continues to capture investor attention

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