CRISIL upgrades Suzlon Energy to CRISIL A+
Suzlon Energy (SUZLON) said CRISIL has upgraded its credit rating to CRISIL A+, covering facilities or instruments of about ₹5,685 crore. The company is valued at about ₹50,917 crore.
What happened
Suzlon Energy (SUZLON) told the exchanges on 28 October 2026 at 09:31 AM that CRISIL has upgraded its credit rating to CRISIL A+, covering facilities or instruments of about ₹5,685 crore.
Company snapshot
Suzlon Energy is a mid-cap company in the Capital Goods sector, with a market value of about ₹50,917 crore.
The stock last traded at ₹37.05, against a 52-week range of ₹36.31–₹61.5 (39.8% below the high).
Before this filing the shares had moved −8.9% over the month and −22.7% over three months. Average daily turnover over the last 20 sessions was about ₹258 crore.
Promoters held 11.71% at the end of Q1 FY27, down 0.02% points from the previous quarter. Foreign institutions owned 24.15% and domestic institutions 11.11%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 3,132 | 324.3 | 0.24 |
| Q2 FY26 | 3,871 | 1,279.4 | 0.93 |
| Q3 FY26 | 4,236 | 445.3 | 0.32 |
| Q4 FY26 | 5,493 | 1,114.4 | 0.81 |
| Q1 FY27 | 3,829 | 305.2 | 0.22 |
What history shows
BCEIE has no earlier credit rating filing from this company on record since May 2026.
Across 89 similar disclosures by other Capital Goods companies, shares moved +0.2% on average the next day and +0.3% over five days; 47% of them rose the next day.
Market-wide, 1,340 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Whether other agencies take a similar view on the company's credit.
- 29 October 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
- Suzlon at the FT Energy Transition Summit 2026 | Good Energies for Good
- Suzlon Sees India’s Annual Wind Deployment Doubling by 2030
- Broader markets underperform; Tata Elxsi, KPIT Technologies, Suzlon Energy lead midcap gainers
- Suzlon shares: Q2 results this week; check date & expectations | Analysts see upto 100% upside
- Suzlon Energy net profit falls 6% in Q1FY27 despite record deliveries
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.