FIIs bought 2,19,10,347 shares: Wind energy stock below Rs 70 powers ahead with third successive 170.1 MW order from AMPIN Energy Transition
The stock gave multibagger returns of 350 per cent in 2 years and a whopping 1,525 per cent in 5 years.
Suzlon Energy has secured its third consecutive order from AMPIN Energy Transition for a 170.1 MW wind power project in Kurnool, Andhra Pradesh. This collaboration between two "Make in India" champions aims to accelerate India's clean energy transition by decarbonising DISCOMs and making green power accessible and affordable for Indian businesses. As part of the contract, Suzlon will supply 54 of its advanced S144 wind turbine generators with Hybrid Lattice Towers, each with a rated capacity of 3.15 MW, and will manage the entire project from supply and installation to commissioning and long-term operations and maintenance.
About the Company
Suzlon Group, headquartered in Pune, India, is a global renewable energy solutions provider with approximately 21.1 GW of wind energy capacity installed across 17 countries. As India's No. 1 Renewable Energy Solutions company, it manages 15.1 GW of assets in India and an additional approximately 6 GW installed outside the country. With 30 years of operational excellence and a diverse workforce of around 7,800 employees, Suzlon's portfolio includes advanced 2.x MW and 3.x MW series wind turbines.
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In the financial results for the fiscal year 2024-25 (FY25), marking its best performance in a decade. The company reported a 103 per cent year-on-year increase in Profit Before Tax (PBT) to Rs 1,447 crore, reaching its highest PBT in a decade. Revenue also saw a significant 67 per cent increase, climbing to Rs 10,851 crore, while EBITDA surged by 81 per cent to Rs 1,857 crore. Profit After Tax (PAT) stood at Rs 2,072 crore, which includes a Deferred Tax Asset recognition of Rs 638 crore. These strong financial outcomes, coupled with a substantial firm order book of 5.6 GW and a net cash position of Rs 1,943 crore, underscore Suzlon's successful business transformation and operational focus.
Suzlon Energy Ltd is a mid-sized company in the power sector, listed on the Bombay Stock Exchange (BSE) & National Stock Exchange (NSE) with a market capitalisation surpassing Rs 88,000 crore. The company is also included in the BSE's Power Index, reflecting its focus on the power industry. In March 2025, FIIs bought 2,19,10,347 shares and increased their stake to 23.04 per cent compared to 22.87 per cent in December 2024. The stock gave multibagger returns of 350 per cent in 2 years and a whopping 1,525 per cent in 5 years.
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