Suzlon Energy Faces Bearish Trends Amid Broader Renewable Sector Challenges

Suzlon Energy, a prominent player in the renewable energy sector, experienced a decline of 3.04% on May 8, 2025, underperforming the sector by 0.99%. The stock reached an intraday high of Rs 55.91, reflecting a 2.32% increase at its peak, but fell to a low of Rs 52.90, marking a 3.18% decrease during the trading session.
In terms of moving averages, Suzlon Energy is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend in the short to medium term. The broader renewable energy sector also faced challenges, with a decline of 3% on the same day.

In the context of the overall market, the Sensex experienced a significant reversal after a positive opening, dropping 867.52 points to trade at 80,044.82, down 0.87%. While Suzlon Energy's performance over the past year shows a notable increase of 32.58%, its year-to-date performance reflects a decline of 14.86%, contrasting sharply with the Sensex's gain of 2.44% during the same period.