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The Economic Times — Marketseconomictimes.indiatimes.com

Suzlon Energy shares jump over 6%. Why brokerages call it India’s most investible wind energy stock? (opens original article in a new tab)

TL;DR

Suzlon Energy shares surged 6.5% as brokerages highlight its renewable energy expansion plans and market leadership, with multiple 'Buy' ratings and higher target prices.

  • Suzlon Energy shares rose 6.5% on Tuesday following an ambitious FY31 roadmap to expand beyond wind energy into broader renewable energy.
  • Brokerages like Motilal Oswal, JM Financial, and Centrum issued 'Buy' ratings with target prices ranging from Rs 65 to Rs 75, citing growth potential and market leadership.
  • Suzlon aims to increase its wind market share to over 40% and expand its asset management services to 70 GW from 18 GW.

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