HighPositive
Announced Mon, 15 Jun · 12:21 IST

Suzlon Energy shares jump 3%: Why brokers see up to 36% upside for ‘most investible Indian wind player’

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Suzlon Energy shares rose 3% to Rs 56.78 after its Investor Day where management outlined an FY31 roadmap targeting 25% revenue CAGR, 40% domestic wind market share (from 33%), 15 GW RE order book (from 5.5 GW), and 70 GW OMS assets under management (from 18 GW). At least four brokerages—Motilal Oswal, JM Financial, Systematix, and Centrum—maintained Buy calls with target prices ranging from Rs 65 to Rs 75, implying 18-36% upside. The stock has gained 7% YTD in 2026 and 289% over three years.