Suzlon Down By 4.47% at ₹54.91 | Check Latest Order Cancellations and Suzlon Stock Price Momentum Today!

Suzlon Energy share price traded at ₹54.91 on 4th April 2025 (14:34:06 PM). A significant market drop of 4.47% from the opening price of ₹57.49 impacts most investors. The stock initially touched ₹57.03 after falling and then came down considerably to ₹54.91. 

Today, on 4th April 2025, Suzlon Energy informed exchanges that its wholly-owned subsidiary “Suzlon Global Services Ltd. received a penalty order from the office of Commissioner of Customs. The penalty amount is ₹7.47 lakh. On the other hand, Suzlon Global Services Ltd. made an appeal against the order with the appropriate authorities in due course of time. 

Suzlon Energy closed above its opening price yesterday, but it seems that recent news regarding order cancellations has taken the wind out of its sails today. Is such a thing around the corner? At the end of the day, it is what needs to be watched.

Order Cancellations

Suzlon Energy Limited encounters its first order cancellation of a 99 MW order from Vibrant Energy. The company announced this order cancellation on 17th May 2023.

Another order cancellation was a 100 MW order received by the company from a leading global utility firm. Suzlon claimed that the company had decided not to proceed with the respective projects as a whole. 

Somehow, the reduction of an order size of 201.6 MW impacted Suzlon Energy on 25th August 2023. 

The Order Book Position of Suzlon Energy Limited represents 5,523 MW of pending orders, according to the company’s latest exchange filings. Moreover, the order book is now valued at 5,622 MW. 

Impact of Order Cancellations on Suzlon Energy Limited

Suzlon Energy already claimed that the company has the potential to earn an average revenue of ₹6 crore per MW of executed orders. With the help of this claim, we can take the idea that 300 MW of order cancellation may impact Suzlon’s order book revenue, and it would remain at around ₹1,800 crore. 

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Disclaimer: The news written is only for educational purposes. Univest does not suggest investing or trading in securities. Conduct your research before investing in the stocks to make an informed investment decision.  

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