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New Delhi: The shares of Suzlon Energy are in focus on Wednesday, a day after the company announced its plans to again tap the European market with the launch of the Bluesky turbine platform. Suzlon, India’s leading renewable energy solutions provider, unveiled its next-generation ‘Blue Sky’ product platform at WindEurope Annual Event 2026 in Madrid, introducing its new line of larger, high-capacity S175 (5 MW) and S163 (6.3 MW) wind turbines.

The launch of Bluesky turbine platform is a part of Suzlon 2.0 strategy. Euope is considered a very niche market. Engineered for scalability, the platform comes in two variant models S175 (5 MW) for low wind regimes and S163 (6.3 MW) for moderate to high wind regimes, enabling customers to optimise performance across diverse site profiles.

“Designed to harness the potential of wind energy across the European markets, in line with stringent regulatory and diverse grid conditions, the platform goes beyond turbine performance, delivering grid- integrated, data-driven, and lifecycle-optimised solutions tailored for the new energy landscape. Built on insights of three decades from 21.5 GW Suzlon turbines operating globally, the Blue Sky product platform offers greater reliability, higher energy yields, and reduced levelised cost of energy (LCoE),” Suzlon Energy mentioned in its press release.

Suzlon share price

Suzlon share price increased nearly 1 per cent to Rs 53.15 at the time of writing this article on Wednesday. The stock rallied 33 per cent over the past one month. Over the past five years, the renewable energy counter surged 1182 per cent returns.

Suzlon details on BSE as of 22 April

Previous Close: 53.09
Open: 53.20
High: 53.63
Low: 52.92
VWAP: 53.25
52 Wk High: 74.30
52 Wk Low: 38.17
Upper Price Band: 58.39
Lower Price Band: 47.79
Price Band: No Band
TTQ (Lakh): 21.00
Turnover (Cr.): 11.18
2W Avg Qty`(Lakh): 106.46
Mcap Full (Cr.): 72,910.48
Mcap FF (Cr.): 64,347.29
EPS (TTM): 2.25 / 2.36 (Standalone / Consolidated)
CEPS (TTM) 2.38 / 2.59 (Standalone / Consolidated)
PE: 23.63 / 22.57 (Standalone / Consolidated)
ROE / PB: 79.58 / 18.78
Face Value: 2.00

JM Financials, Motilal Oswal and Stock Market expert have predicted Suzlon shares to rise.

• Motilal Oswal on Suzlon share: Share target price – Rs 66 apiece.
• Arun Mantri has given a share price target of Rs 55-57 in the near term.
• JM Financial has projected Suzlon share price target of Rs 64.

(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO)