Suzlon Energy shares are once again in the spotlight. Global brokerage firm UBS has given a fresh buy rating on Suzlon Energy shares, expecting up to 32% upside in the coming days. Let’s look at why experts are so bullish on Suzlon and what it means for investors.
UBS Predicts 32% Upside for Suzlon
UBS has set a target price of ₹78 per share, which is nearly 32% higher than Suzlon’s recent closing price of ₹59.27. The bullish call is based on Suzlon’s strong order inflows and improved execution ability.
According to UBS, the company is showing steady growth in handling big renewable energy projects. This is a major reason why analysts believe the stock could move sharply upward.
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Big Tata Power Order Boosts Confidence
Suzlon Energy recently bagged an 838 MW wind energy order from Tata Power Renewable Energy. This is Suzlon’s second-largest order ever and also its third project with Tata Power.
Under this project:
- Suzlon will supply 266 S144 wind turbines, each with a capacity of 3.15 MW.
- The project will be spread across Karnataka (302 MW), Maharashtra (271 MW), and Tamil Nadu (265 MW).
With this win, Suzlon’s total order book has crossed 6.5 GW, and since FY26 started, the company has already bagged 1.8 GW of fresh projects. UBS says this shows Suzlon is on track to meet its annual target.
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Suzlon’s Track Record and Future Plans
Suzlon has previously secured an even larger order of 1,544 MW from NTPC Green Energy, which remains its biggest till now.
Suzlon CEO JP Chalasani said Tata Power’s repeated trust highlights the company’s ‘Made in India’ innovation and strong execution ability. He also clarified that the recent block deal by promoters was mainly to raise funds and will not affect their long-term commitment to the business.
The company is also searching for a new CFO, after Himanshu Modi stepped down following a four-year term.
Also Read: Suzlon Share Price Target
Suzlon Share Performance on Stock Market
On Wednesday, Suzlon shares closed at ₹59.27 on BSE, slightly up by 0.49%. Over the last six months, the stock has gained 8.75%, but in the past year, it has slipped 27.72%. Suzlon’s 52-week high is ₹85.40 while its low is ₹46.15.
Currently, Suzlon Energy has a market cap of about ₹80,980 crore. Despite past ups and downs, the company remains one of the largest wind energy firms globally and the fourth-largest turbine maker in Asia by market share.
With strong order wins, a growing pipeline, and UBS’s bullish outlook, Suzlon Energy shares could be heading for a sharp rally. Investors looking for growth in the renewable energy sector may want to keep a close eye on Suzlon in the coming months.
Disclaimer: All the information provided in this article is for educational purposes only. DateUpdateGo always advises seeking guidance from a certified financial advisor before making any investment-related decisions.
