Suzlon Energy share price target at Rs 76. Here’s what ICICI Securities, Motilal Oswal say
Shares of Suzlon Energy gained as much as 2.5% to their day’s high of Rs 53 on December 8 after ICICI Securities and Motilal Oswal reiterated their bullish calls on the stock citing positive levers for growth in the coming quarters.
According to analysts, the stock can rally as much as 46% from current market levels on the back of strong operational momentum, a swelling order pipeline and a rapidly improving demand environment for wind energy.
ICICI Securities has maintained its Buy rating with a target price of Rs 76, implying a 46% climb from current levels, citing Suzlon’s strong execution in H1FY26 and management commentary that sought to address recent concerns around muted renewable capacity addition. The brokerage highlighted…
