Suzlon shares fall 30% as Motilal Oswal keeps Buy target at Rs 65
In short
Suzlon Energy shares have dropped nearly 30% in the past year. Motilal Oswal still has a Buy rating on the stock and sees the price reaching Rs 65, which it says is 73% higher.
The brokerage is betting on stronger earnings later, backed by more deliveries and a 5.9 GW order book at end-June. The big unknown is whether Suzlon can turn that order book into the expected results.
What the reporting says
Suzlon Energy shares have fallen nearly 30% in a year, while Motilal Oswal kept a Buy rating and a Rs 65 target price. The brokerage said it expects stronger second-half FY27 earnings, helped by rising deliveries and a robust order book. At end-June, the order book was 5.9 GW, giving 100% visibility on delivery estimates until Q3 FY28, but execution remains the key unknown.
Why it matters
Suzlon Energy is under pressure after a nearly 30% one-year share decline, but Motilal Oswal remains constructive with a Buy rating and Rs 65 target. The note says stronger second-half FY27 earnings could come from rising deliveries and a 5.9 GW order book that gives visibility through Q3 FY28. The immediate market takeaway is mixed: weak recent stock performance versus a bullish broker call.