•Suzlon Energy shares have fallen 20% in 2026, hitting a 52-week low, but ICICI Securities maintains a 'Buy' rating with a target of Rs 65.
•The company's Q3 FY25 net profit rose 14.8% to Rs 445.2 crore, with revenue up 42.4% to Rs 4,228.1 crore.
•Suzlon is diversifying beyond wind into solar and battery storage under 'Suzlon 2.0' vision, led by new CEO Ajay Kapoor and a Group Executive Council.
•The company has become net cash positive by September 2024, eliminating Rs 12,000 crore debt and holding Rs 1,300 crore cash.
•Suzlon boasts a robust order book of 6.4 GW by January 2026, ensuring work for the next two years, benefiting from government's renewable energy targets.
