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Bloomberg Quint

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Image Credit: Bloomberg Quint

Suzlon Energy Gets Motilal Oswal's 'Buy' Rating As It Re-Initiates Coverage

  • Suzlon Energy receives a 'buy' rating from Motilal Oswal with a target price of Rs 82, implying a 24% upside from current levels.
  • Suzlon Energy reported a nearly five-fold increase in consolidated net profit for the March quarter.
  • The positive outlook for Suzlon Energy is driven by regulatory tailwinds, a robust order book, and prospective orders like the 1.5GW NTPC orders.
  • Motilal Oswal projects total new orders of approximately 4GW for Suzlon Energy in FY26, leading to a closing order book of approximately 6.5GW.

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