Suzlon Energy shares rose by more than 5% on Friday. Two main reasons are behind this increase. First, the overall market mood has improved.
Second, the company released its latest shareholding data, which shows that retail investors are showing more confidence in the stock.
According to the data for the January to March 2025 quarter, the number of retail investors has increased to 56.12 lakh.
Shareholding Details
As per the stock exchange report:
Retail investors now hold a 25.12% stake in the company, up from 24.49% in December.
Foreign Portfolio Investors (FPIs) hold around 23%.
Domestic mutual funds have reduced their stake from 4.44% to 4.17%.
Suzlon’s stock opened at ₹53.81 and climbed over 5% during the day, reaching ₹53.90.
Expert Opinion and Stock Performance
Rajesh Bhosale from Angel One says Suzlon Energy shares are currently trading in the range of ₹48 to ₹60. A breakout above this range could lead to further gains.
Looking at past performance:
In the last 6 months, the stock has dropped by 28%.
Over the past 1 year, it has risen more than 25%.
In the last 2 years, the share price has increased by over 500%.
