Suzlon Energy Share Price Today: Shares of Suzlon Energy Limited surged during the early trade on Monday after brokerage Motilal Oswal indicated a 43% upside on the green energy stock.
Suzlon Energy shares were trading 2% higher at Rs 52.79 per share on BSE with a market capitalisation of Rs 72,384.02 crore at 9:40 am. The stock had touched an intraday high of Rs 52.95 per share and an intraday low of Rs 51.84 per share.
The bullish trend in the Suzlon Energy share price today has come after the renewable energy company gave an update on its order inflows. The company had also organised a manufacturing day on December 4 and 5. At the event, the company had highlighted that it sees a limited impact on its upcoming order flows from the slowdown in central renewables.
Suzlon Energy Share Price Recommendation
Motilal Oswal has given a 'Buy' rating for the Suzlon Energy stock and has indicated an upside of 43% in the long-term. The brokerage has given a target price of Rs 74 per share.
"Management expects limited impact on near-term order flows from the slowdown in central renewables bidding (~40 GW projects lacking PPAs), highlighting that ~15 GW of wind orders remain in the pipeline (bidding/award stage)," noted the brokerage in its report on Monday, December 8.
"We arrive at our TP of INR74 by applying a target P/E of 30x to FY28E EPS. This is close to its historical average two-year forward P/E of 27x," added the brokerage in its report.
Suzlon Energy stated that this reassessment underlines the role of wind power within India's energy mix. Management said wind remains a key resource as utilities and customers seek diverse supply. Strong product performance and more than 95% of turbines meeting original life cycle assumptions were also highlighted during the event.
Suzlon Energy Share Price Trend
Suzlon Energy shares opened in green on Monday. The stock has given 5.84% returns in three months. Whereas, its valuation has surged by 8.92% year to date (YTD). The stock has a return on equity (ROE) of 77.47%. The stock surged to a 52-week high of Rs 74.30 per share on 30 May, 2025. THe stock dipped to its 52-week low of Rs 46 per share on 7 April, 2025.
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