Suzlon share price down 31% in 3 months: Why Motilal Oswal sees 73% upside potential
Suzlon Energy has fallen 31% in three months, but Motilal Oswal maintained its Buy rating and Rs 65 target price, implying 73% upside. The brokerage cites a 5.9 GW order book, rising deliveries and India’s growing wind-power demand, alongside repowering, exports and its development business. It expects EBITDA to grow 22% annually through FY28, while noting that execution remains critical.