Suzlon rises 5% after Motilal Oswal keeps Buy rating
In short
Suzlon Energy shares rose nearly 5% after Motilal Oswal kept its Buy rating and ₹65 target. The brokerage pointed to a 5.9 GW order book and expected earnings growth.
This matters because the note can support the stock and shape investor views. The reporting does not say how long the gain lasted or whether the company responded.
What the reporting says
Suzlon Energy shares rose nearly 5% after Motilal Oswal reaffirmed its Buy rating and ₹65 target price. The brokerage cited attractive valuations, a 5.9 GW order book and expected earnings growth, with higher deliveries and India’s wind capacity expansion supporting the outlook. The source does not say whether the rally held or how other investors reacted.
Why it matters
Suzlon Energy shares rose nearly 5% after Motilal Oswal reiterated a Buy call, kept a ₹65 target and cited a 5.9 GW order book, attractive valuations and expected earnings growth. The brokerage also pointed to higher deliveries and India’s wind capacity expansion. The move matters for Suzlon investors and the renewable-energy theme, but the reporting does not confirm any company action or fresh contract announcement.