Fri Jan 31 09:40:00 IST 2025: ## Suzlon Energy Stock Soars for Third Straight Day, Hits Upper Circuit Limit
**Mumbai, India** – Suzlon Energy’s share price continued its impressive rally, hitting the 5% upper circuit limit for the third consecutive session on Friday. The surge follows the company’s strong Q3 results released on January 28th, which showcased record deliveries and a substantial increase in its order book.
The stock price, which closed at ₹50.26 on Tuesday, has climbed to ₹58.15, representing a 15.7% increase over the three-day period. This significant rise prompted Suzlon Energy to issue a statement on Thursday acknowledging the “Material Price Movement” but stating that no specific event or news could be identified as the trigger.
Analysts attribute the surge to the positive Q3 results, which included record deliveries of 447 MW (a 163% growth) and an all-time high order book of 5.5 GW. Anshul Jain, Head of Research at Lakshmishree Investment and Securities, highlighted the company’s expanding manufacturing capabilities as a key driver for future growth. While technical analyst Sugandha Sachdeva noted a previous hurdle at ₹55, she indicated that surpassing this level suggests a strongly bullish outlook for Suzlon shares.
**Disclaimer:** This news article reports on market activity and analyst opinions. Investors are advised to conduct their own thorough research and consult with financial advisors before making any investment decisions.
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