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Motilal Oswal Bullish on Suzlon Energy Despite 52-Week Low Proximity, Predicts 73 Percent Surge
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News18•13-10-2026, 15:55
Motilal Oswal Bullish on Suzlon Energy Despite 52-Week Low Proximity, Predicts 73 Percent Surge
- •Suzlon Energy shares have tumbled 26 percent over the past year, trading very close to their 52-week low of Rs 36.31.
- •Brokerage firm Motilal Oswal has maintained a 'Buy' rating on the stock with a new target price of Rs 65.
- •The company closed the June quarter with a robust firm order book of 5.9 gigawatts, ensuring strong revenue visibility.
- •Motilal Oswal estimates that Suzlon's stock could surge by up to 73 percent from its current market levels.
Key Questions Answered
Motilal Oswal has maintained a 'Buy' rating on Suzlon Energy and assigned a target price of Rs 65, estimating that the stock could surge by up to 73% from its current levels near its 52-week low.
The brokerage highlights attractive valuations after a recent 31% correction, trading at 17.5x FY28E EPS, alongside a robust 5.9 GW order book providing 100% revenue visibility and strong anticipated earnings growth.
Suzlon's future growth is driven by its new DevCo model, expanding international export opportunities in markets like Europe and Australia, and the repowering game of replacing older turbines with modern technology.
