SUZLON.NS Suzlon Energy Limited NSE closes at INR 39.62 on 09 Mar 2026: key trading signals

SUZLON.NS stock closed on the NSE at INR 39.62 on 09 Mar 2026, down 1.57% for the session on high volume of 71,718,707 shares. Traders marked Suzlon Energy Limited’s intraday range between INR 38.19 and INR 39.76, while the 52-week high remains INR 74.30 and the 52-week low sits near INR 39.13. The move came amid sector weakness in Utilities and strong headline volume, making SUZLON.NS one of the most active names on the NSE today. We examine why volume led price action and what the charts and fundamentals imply for short-term traders and longer-term investors.

Intraday activity and price action for SUZLON.NS stock

Suzlon Energy Limited (SUZLON.NS) opened at INR 39.49 and closed at INR 39.62, down INR 0.63 or 1.57% on 09 Mar 2026. The stock’s day low was INR 38.19 and day high INR 39.76, showing intraday selling pressure near session highs.

Volume was 71,718,707 versus an average volume of 56,820,782, a relative volume of 1.11, confirming this was a most-active session driven by higher turnover rather than a thin spike.

Volume and liquidity signals: why SUZLON.NS was most active

High liquidity accompanied by a wide bid-ask chop highlighted active repositioning by traders; the stock traded above its 200-day average price of INR 56.22 and below the 50-day average of INR 47.34, indicating distribution in a downtrend. On-balance volume and MFI readings were oversold, pointing to larger sell flows during the session.

For traders, the relative volume and the gap below moving averages suggest short-term momentum strategies and option flows may be amplifying moves, especially given the stock’s recent YTD decline of 23.79%.

Fundamentals and valuation: earnings, ratios and balance sheet

Suzlon reports an EPS of INR 2.36 and a trailing PE of 16.94, with market cap at INR 548,446,854,000.00. Key balance-sheet strengths include a low debt-to-equity of 0.04 and current ratio of 1.84, which support operational resilience in Renewable Utilities.

Valuation metrics show a PB ratio of 6.58 and price-to-sales of 3.66; these elevated multiples versus some peers reflect market expectations on growth and improved margins, but they also imply limited downside cushion if earnings disappoint.

Technicals, indicators and Meyka grade for SUZLON.NS stock

Technical indicators were skewed bearish at close: RSI at 22.02 (oversold), MACD histogram negative, and ADX 41.49 indicating a strong trend. Bollinger Bands sit at Upper 49.77, Middle 44.52, Lower 39.26, placing price near the lower band and signaling short-term oversold conditions.

Meyka AI rates SUZLON.NS with a score out of 100: 77.53 | Grade: B+ | Suggestion: BUY. This grade factors in S&P 500 and sector comparisons, financial growth, key metrics, analyst consensus, and forecasts. These grades are not guaranteed and we are not financial advisors.

Analyst signals, risks and sector context

The Utilities and Renewable Utilities space has lagged recently with sector YTD weakness; SUZLON.NS faces execution and policy risks but benefits from rising renewables demand in India. Company ratings show mixed metric scores: DCF, ROE and ROA score strong, while PE and PB metrics flagged overvaluation relative to book.

Key risks include project execution, currency moves on imports, and renewable tariff changes. Watch upcoming earnings on 21 May 2026 and government tender flows that could swing order visibility.

Outlook and price targets including Meyka forecast comparison

Meyka AI’s forecast model projects a yearly target of INR 79.48, a quarterly target of INR 46.99, and a monthly target of INR 48.84. Compared with the current price of INR 39.62, the yearly projection implies an upside of 100.66% to INR 79.48; the quarterly and monthly views imply upside of 18.62% and 23.23% respectively.

Forecasts are model-based projections and not guarantees. Traders should weigh short-term technical oversold signals against model upside and fundamental execution risks when sizing positions.

Final Thoughts

SUZLON.NS stock closed at INR 39.62 on 09 Mar 2026 in a session marked by heavy volume of 71,718,707 shares and intraday weakness. The stock’s fundamentals show improving profitability with EPS INR 2.36 and a manageable debt profile, but valuation ratios such as PB 6.58 and price-to-sales 3.66 are rich versus some sector peers. Technicals are oversold with RSI 22.02 and ADX 41.49, suggesting momentum remains negative even as mean-reversion traders may look for short-term bounces near the lower Bollinger Band (INR 39.26).

Meyka AI’s forecast model projects a yearly target of INR 79.48, implying an estimated upside of 100.66% from the current price of INR 39.62. Our Meyka grade of 77.53 (B+, BUY) signals constructive medium-term sentiment, but investors must balance that view with execution and policy risks in the Renewable Utilities sector. For most-active traders, watch volume confirmation above 80M and a close above the 50-day average INR 47.34 for trend change. Longer-term investors should monitor the May 2026 earnings release and order-book updates before increasing exposure. Forecasts are model-based projections and not guarantees. Meyka AI is an AI-powered market analysis platform providing these data-driven insights.

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Disclaimer:

Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.