**MARKET UPDATE: SUZLON ENERGY** **Price Action & Sentiment** **Suzlon Energy** shares surged over **3%** in today’s session, trading near **₹47.15** (up from a close of ₹45.70), following a major order win. The stock has broken a recent consolidation phase, reacting positively to its first-ever partnership with steel giant **ArcelorMittal**. **Order Book & Strategic Wins** The company secured a **248.85 MW** wind power order from ArcelorMittal’s renewable energy arm. This deal is part of a larger **550 MW** hybrid project in **Bachau, Gujarat**. * **Equipment:** Supply of **79** S144 wind turbine generators, each with a rated capacity of **3.15 MW**. * **Green Steel Push:** This marks Suzlon’s **4th** major order targeting the decarbonization of steel production, bringing its total "green steel" portfolio to approximately **1,156 MW**. **Regional Dominance** The project reinforces Suzlon’s leadership in Gujarat, where its installation base has now crossed **4.5 GW**. The power generated will be used for captive consumption by **ArcelorMittal Nippon Steel** facilities, highlighting the growing trend of heavy industries shifting to renewable captive power. **Financial Outlook** While the stock remains below its 52-week high of **₹74.30**, analysts note that fresh order inflows from top-tier clients like ArcelorMittal improve revenue visibility for FY27. Market participants are now awaiting Q3 FY26 results to gauge execution speed and margin expansion. *** ... [Suzlon Q3 Results: Profit Soars 90% (Previous Year Context)](https://www.youtube.com/watch?v=b-9KMPESbLo) ... This video offers historical context on Suzlon's financial turnaround and margin expansion trajectory, which set the foundation for securing major commercial orders like the one announced today. http://googleusercontent.com/youtube_content/0