SUZLON.NS vs. MAZDOCK.NS

Last updated Jun 5, 2026

SUZLON.NS (Suzlon Energy Limited) and MAZDOCK.NS (Mazagon Dock Shipbuilders Limited) are both stocks. Both are in the Industrials sector — SUZLON.NS in Specialty Industrial Machinery, MAZDOCK.NS in Aerospace & Defense. Over the past 5 years, SUZLON.NS returned 49.90%/yr vs 87.23%/yr for MAZDOCK.NS. At a 0.32 correlation, their price movements are largely independent.

Performance

SUZLON.NS vs. MAZDOCK.NS - Performance Comparison

The chart below illustrates the hypothetical performance of a ₹10,000 investment in Suzlon Energy Limited (SUZLON.NS) and Mazagon Dock Shipbuilders Limited (MAZDOCK.NS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SUZLON.NS achieves a 5.60% return, which is significantly higher than MAZDOCK.NS's -1.50% return.

SUZLON.NS

• 1D: 2.24%
• 1M: 1.18%
• YTD: 5.60%
• 6M: 7.42%
• 1Y: -16.62%
• 3Y*: 69.61%
• 5Y*: 49.90%
• 10Y*: 13.63%

MAZDOCK.NS

• 1D: 0.14%
• 1M: -7.98%
• YTD: -1.50%
• 6M: -6.25%
• 1Y: -27.73%
• 3Y*: 72.07%
• 5Y*: 87.23%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SUZLON.NS vs. MAZDOCK.NS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
SUZLON.NS Suzlon Energy Limited	5.60%	-15.35%	62.88%	260.38%	3.92%	59.38%	120.69%
MAZDOCK.NS Mazagon Dock Shipbuilders Limited	-1.50%	12.25%	97.05%	190.74%	196.00%	31.81%	27.04%

Correlation

The correlation between SUZLON.NS and MAZDOCK.NS is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (3Y) Calculated over the trailing 3-year period	0.32
Correlation (5Y) Calculated over the trailing 5-year period	0.32
Correlation (All Time) Calculated using the full available price history since Oct 13, 2020	0.32

Return for Risk

SUZLON.NS vs. MAZDOCK.NS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SUZLON.NS

SUZLON.NS Risk / Return Rank: 22
SUZLON.NS Sharpe Ratio Rank: 19
SUZLON.NS Sortino Ratio Rank: 18
SUZLON.NS Omega Ratio Rank: 19
SUZLON.NS Calmar Ratio Rank: 28
SUZLON.NS Martin Ratio Rank: 28

MAZDOCK.NS

MAZDOCK.NS Risk / Return Rank: 12
MAZDOCK.NS Sharpe Ratio Rank: 9
MAZDOCK.NS Sortino Ratio Rank: 9
MAZDOCK.NS Omega Ratio Rank: 11
MAZDOCK.NS Calmar Ratio Rank: 15
MAZDOCK.NS Martin Ratio Rank: 15

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SUZLON.NS vs. MAZDOCK.NS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Suzlon Energy Limited (SUZLON.NS) and Mazagon Dock Shipbuilders Limited (MAZDOCK.NS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	SUZLON.NS	MAZDOCK.NS	Difference
Sharpe ratio: Return per unit of total volatility	-0.52	-0.82	+0.30
Sortino ratio: Return per unit of downside risk	-0.62	-1.16	+0.54
Omega ratio: Gain probability vs. loss probability	0.93	0.87	+0.06
Calmar ratio: Return relative to maximum drawdown	-0.39	-0.71	+0.31
Martin ratio: Return relative to average drawdown	-0.72	-1.20	+0.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SUZLON.NS vs. MAZDOCK.NS - Sharpe Ratio Comparison

The current SUZLON.NS Sharpe Ratio is -0.52, which is higher than the MAZDOCK.NS Sharpe Ratio of -0.82. The chart below compares the historical Sharpe Ratios of SUZLON.NS and MAZDOCK.NS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SUZLON.NS	MAZDOCK.NS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.52	-0.82	+0.30
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.99	1.73	-0.73
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.25	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.07	1.70	-1.77

Drawdowns

SUZLON.NS vs. MAZDOCK.NS - Drawdown Comparison

The maximum SUZLON.NS drawdown since its inception was -99.61%, which is greater than MAZDOCK.NS's maximum drawdown of -44.60%. Use the drawdown chart below to compare losses from any high point for SUZLON.NS and MAZDOCK.NS.

Drawdown Indicators

	SUZLON.NS	MAZDOCK.NS	Difference
Max Drawdown Largest peak-to-trough decline	-99.61%	-44.60%	-55.01%
Max Drawdown (1Y) Largest decline over 1 year	-42.07%	-38.97%	-3.10%
Max Drawdown (3Y) Largest decline over 3 years	-53.29%	-44.60%	-8.69%
Max Drawdown (5Y) Largest decline over 5 years	-53.29%	-44.60%	-8.69%
Max Drawdown (10Y) Largest decline over 10 years	-91.76%	—	—
Current Drawdown Current decline from peak	-87.74%	-34.41%	-53.33%
Average Drawdown Average peak-to-trough decline	-83.23%	-14.10%	-69.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.94%	23.34%	-0.40%

Volatility

SUZLON.NS vs. MAZDOCK.NS - Volatility Comparison

Suzlon Energy Limited (SUZLON.NS) has a higher volatility of 10.74% compared to Mazagon Dock Shipbuilders Limited (MAZDOCK.NS) at 7.61%. This indicates that SUZLON.NS's price experiences larger fluctuations and is considered to be riskier than MAZDOCK.NS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SUZLON.NS	MAZDOCK.NS	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.74%	7.61%	+3.13%
Volatility (6M) Calculated over the trailing 6-month period	25.54%	28.07%	-2.53%
Volatility (1Y) Calculated over the trailing 1-year period	31.95%	34.09%	-2.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.09%	51.66%	-0.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.56%	50.64%	+5.92%

Dividends

SUZLON.NS vs. MAZDOCK.NS - Dividend Comparison

SUZLON.NS has not paid dividends to shareholders, while MAZDOCK.NS's dividend yield for the trailing twelve months is around 0.66%.

Position	TTM	2025	2024	2023	2022	2021
MAZDOCK.NS Mazagon Dock Shipbuilders Limited	0.66%	0.47%	0.79%	0.97%	2.25%	2.60%
SUZLON.NS Suzlon Energy Limited	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both SUZLON.NS and MAZDOCK.NS in my portfolio?

SUZLON.NS and MAZDOCK.NS have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.