Suzlon Stock Rallies On Robust Q4 Earnings, Technical Strength: SEBI RA Financial Sarthis Sees Upside To ₹80

(MENAFN- AsiaNet News) <p>Suzlon drew a bullish outlook from SEBI-registered analyst Financial Sarthis, who highlighted a strong technical breakout alongside a blockbuster Q4 earnings report.</p> <p>At the time of writing, Suzlon Energy shares traded at ₹71.58, up 9.42% or ₹6.16 on the day</p> <p>Fundamentally, Suzlon's Q4 results backed the bullish case, with net profit soaring 4.6x year-on-year to ₹1,181 crore.</p> <p>Meanwhile, revenue rose 73.2% to ₹3,773.5 crore, and EBITDA nearly doubled to ₹677 crore, lifting margins to 17.94%.</p> <p>The analyst noted that Suzlon has formed higher lows on the daily chart and recently broke out of a multi-month base with strong volume, indicating conviction in the uptrend. </p> <p>A successful retest of the breakout zone is underway, and a close above the 0.618 Fibonacci retracement level at ₹67.44 could open the way toward ₹73 and ₹80, according to Sarthis.</p> <p>Support levels are seen at ₹63 and ₹60, while the stock is also holding above its anchored VWAP from the top - a sign that the prior resistance has turned into support.</p> <p>On Stocktwits, retail sentiment was 'bullish' amid 'extremely high' message volume.</p> <p>The stock has risen 9.4% so far in 2025.</p> <p>For updates and corrections, email newsroom[at]stocktwits[dot]com.<</p>

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