Suzlon Energy shares drop 55% from September 2024 peak

Suzlon Energy shares have declined approximately 55% from their peak in September 2024. The stock, which previously surged following the company's declaration of becoming debt-free, is currently facing sustained selling pressure.

Recent market data shows the stock closed at Rs 37.40 on the NSE, representing a 39% drop from its 52-week high of Rs 69.50. The decline includes an 8.78% drop over the last five trading sessions and a 34.31% decrease over the past six months.

Investors are awaiting the company's second-quarter financial results for the 2026-27 fiscal year. The board of directors is scheduled to meet on October 29, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026.