⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.
SUZLON - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | SUZLON | Market Cap | 57,290 Cr. | Current Price | 42.0 ₹ | High / Low | 74.3 ₹ |
| Stock P/E | 18.4 | Book Value | 5.37 ₹ | Dividend Yield | 0.00 % | ROCE | 36.2 % |
| ROE | 45.6 % | Face Value | 2.00 ₹ | DMA 50 | 45.4 ₹ | DMA 200 | 52.6 ₹ |
| Chg in FII Hold | 1.03 % | Chg in DII Hold | -0.91 % | PAT Qtr | 298 Cr. | PAT Prev Qtr | 1,328 Cr. |
| RSI | 43.4 | MACD | -1.38 | Volume | 6,10,33,264 | Avg Vol 1Wk | 8,48,27,781 |
| Low price | 38.2 ₹ | High price | 74.3 ₹ | PEG Ratio | 0.29 | Debt to equity | 0.01 |
| 52w Index | 10.7 % | Qtr Profit Var | -24.1 % | EPS | 2.28 ₹ | Industry PE | 33.0 |
📊 Technical Analysis
- Chart Patterns: Stock has corrected sharply from highs of ₹74.3, currently stabilizing near ₹42.0 with support at ₹38–₹40 and resistance around ₹45–₹48.
- Moving Averages: Price (₹42.0) below both 50 DMA (₹45.4) and 200 DMA (₹52.6), confirming bearish trend.
- RSI: 43.4 — approaching oversold zone, suggesting limited downside.
- MACD: -1.38 — bearish crossover, momentum negative.
- Bollinger Bands: Price near lower band, oversold condition may trigger short-term bounce.
- Volume Trends: Current volume (6.10 Cr) below 1-week average (8.48 Cr), showing reduced participation.
📈 Momentum & Signals
- Short-term Momentum: Weak, with bearish bias but oversold signals hint at possible rebound.
- Entry Zone: ₹38–₹42 (support region).
- Exit Zone: ₹45–₹48 (resistance region).
- Trend Status: Reversing from uptrend to bearish consolidation.
✅ Positive
- Strong ROCE (36.2%) and ROE (45.6%).
- Low debt-to-equity ratio (0.01), financially stable.
- FII holdings increased (+1.03%).
- PEG ratio at 0.29, showing attractive valuation relative to growth.
⚠️ Limitation
- Stock P/E (18.4) below industry average (33.0), but earnings base is weak.
- Price below both 50 DMA and 200 DMA, confirming bearish trend.
- DII holdings decreased (-0.91%).
- Book value (₹5.37) far below current price, suggesting stretched valuation.
📉 Company Negative News
- Sequential PAT decline (₹298 Cr vs ₹1,328 Cr, -24.1%).
- Weak 52-week performance (10.7%), underperforming peers.
📈 Company Positive News
- Strong efficiency metrics (ROCE 36.2%, ROE 45.6%).
- Low leverage ensures financial stability.
- EPS at ₹2.28, supported by profitability despite correction.
🌍 Industry
- Renewable energy sector PE at 33.0, showing higher valuations compared to SUZLON’s lower P/E.
- Industry supported by government push for clean energy and global demand for wind power.
🔎 Conclusion
- SUZLON is in a bearish phase, trading below key moving averages.
- Oversold RSI and Bollinger Band signals suggest potential rebound near ₹38–₹42.
- Short-term traders can accumulate near support and exit around ₹45–₹48.
- Long-term investors should be cautious due to profit decline and weak recent performance despite strong efficiency metrics.