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Bloomberg Quint

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Image Credit: Bloomberg Quint

'Buy' Suzlon Energy Shares To Get An Upside Of 24% Says Motilal Oswal — Here's Why

  • Motilal Oswal recommends buying Suzlon Energy shares with a potential upside of 24% based on a target price of Rs 82 by applying a target P/E of 35x to FY27E earnings per share.
  • Suzlon Energy is expected to benefit from regulatory tailwinds mandating local content, a robust order book providing strong revenue visibility, and execution improvements through proactive land acquisition and EPC expansion initiatives.
  • The new order outlook for Suzlon Energy remains healthy, with NTPC bid awards likely in the next six months, according to Motilal Oswal.

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