SUZLON.NS Stock Today: February 24 – Slide Deepens Below Key Averages

The suzlon share price stays under pressure after a high-volume 3.5% fall on 20 Feb. We track SUZLON.NS into 24 Feb with the stock below its 50-DMA near Rs 49.26 and 200-DMA near Rs 57.21. As of 23 Feb, SUZLON.NS price was Rs 44.25, down 0.47% day on day, with a Rs 43.83 low. The big question now is whether improving fundamentals and new orders can offset weak momentum while the market defends the Rs 44-45 zone and re-tests Rs 55.

Technical picture: weakness, but oversold signals appear

RSI at 32.31 shows near-oversold conditions, while MACD is negative and the histogram is shrinking. ADX at 27.6 indicates a firm downtrend. Awesome Oscillator at -2.52 confirms weak momentum. The suzlon share price may attempt small bounces, but trend signals still point lower unless price reclaims key moving averages with stronger volume.

Bollinger lower band sits near Rs 44.08, middle at Rs 46.92, and upper at Rs 49.76. Keltner lower aligns at Rs 44.14. ATR at Rs 1.29 frames intraday risk. Stochastic %K at 5 suggests oversold. A sustained hold above Rs 44-45 could fuel a push to Rs 46.9, while a close below Rs 44 raises risk of a new swing low.

Key levels traders are watching

Immediate support lies at Rs 44.0-44.5 and the 23 Feb low of Rs 43.83. Resistance zones are Rs 46.9-47.0, the 50-DMA near Rs 49.26, and Rs 50. Above that, the 200-DMA near Rs 57.21 is major supply. The suzlon share price needs multiple closes above these levels to confirm a trend shift.

The Rs 55 region is a widely watched pivot. A decisive close above Rs 55 could signal a base and reset risk-reward, while failure keeps lower highs intact. Recent coverage highlighted Rs 55 as a make-or-break area for momentum source.

Fundamentals and valuation check

Trailing EPS is Rs 2.36, implying a P/E of about 18.78, while P/B is elevated at 7.28. ROE is strong at 45.1% with net margin near 21.5%. Debt to equity is low at 0.04 and interest cover is 7.67. FY25 showed robust growth: revenue up ~67% and EPS up ~2.04x. These support longer-term confidence in Suzlon Energy stock.

Receivables days at ~140 and inventory days at ~161 drive a long ~301-day cash cycle, stressing collections and execution discipline. That, plus a rich P/B, is a watchpoint if growth pauses. OBV remains weak, so sustained delivery on orders and cash conversion will be key to underpin the suzlon share price into the next results window in May 2026.

What could move the stock near term

Watch for large wind order announcements, manufacturing updates, policy clarity on auctions, and any guidance ahead of earnings expected around 21 May 2026. Recent sentiment pieces discuss reasons for the slide and trader focus areas source. Better order flow or margin comfort could aid a rebound.

Many traders use ATR to size risk. With ATR near Rs 1.29, some prefer tight risk near Rs 44 with staged exits around Rs 46.9 and Rs 49.3. Investors often stagger entries between Rs 44-46 but seek confirmation above Rs 55 for trend confidence. Treat these as frameworks, not advice, and align with your plan.

Final Thoughts

The near-term setup is weak, but oversold readings and well-defined bands create a clear map. For traders, Rs 44-45 is the first line to defend, Rs 46.9 and Rs 49.3 are checkpoints, and Rs 55 is the pivot that can flip momentum. For investors, the combination of strong ROE, low leverage, and FY25 growth is supportive, but a long cash cycle and a rich P/B require discipline. A patient approach that respects technical levels while watching for credible order updates and collection progress can improve odds. If the suzlon share price closes back above the 50-DMA with volume, the risk profile improves. Until then, position sizes and stops matter.

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The content shared by Meyka AI PTY LTD is solely for research and informational purposes.  Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.