Suzlon Share Price Falls 3.05% Amid Order Cancellations and Selloffs

Stocks, Suzlon Share News: Suzlon Energy shares witnessed a steep decline in intraday trading today. Suzlon Share price falls 3.05% at opening amidst growing concern over order cancellations and broader market selloffs. The share opened at ₹53.08 with a marginal dip of 0.01% against the previous closing of ₹53.08. In today’s session, Suzlon experienced high volatility to reach an intraday high of ₹53.08. 

Factors Behind the Dip in Suzlon Share Price

Explore the factors behind the fall in Suzlon share price. 

1. Order Cancellations

Suzlon Energy reportedly faced a varied range of project cancellations attributing to the decline in stock prices. 

2. Bearish Trend

Suzlon’s decline follows yesterday’s downward trend in Suzlon shares. The previous closing price of Suzlon stood 2.31% lower than the opening price of ₹54.34 on 8th April 2025. 

3. Global Market Selloffs

Global market selloffs have impacted Suzlon share price today. It has affected investors’ confidence, particularly in energy and infrastructure-related stocks. 

The ongoing weakness in Suzlon share price may result in lower confidence in investors.

Suzlon Share Performance

On 8th April 2025, Suzlon share opened at ₹54.34 and made an intraday high/low of ₹54.65/₹52.90. The closing price of Suzlon was ₹53.08, with a -2.31 % change in the previous session. Today, on 9th April 2025, Suzlon share opens at ₹53.07 and makes a high/low of ₹53.47/₹51.20. As of now (14:34:08 IST), the Suzlon share is down by 3.20%.

What’s Ahead?

Long-term investors remain optimistic about Suzlon Energy despite the downtrend, particularly with India making a push for renewable energy. In the country’s wind energy sector, Suzlon is vital, and with favorable government policies, a revival might still be on the cards.

To know whether the stock receives technical support or continues to stay down, market experts recommend keeping a keen watch over it during the upcoming sessions.

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Disclaimer: Investment in the share market is subject to risk. This news article is for informational purposes only. Conduct your own research before investing in shares and other securities. 

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