New Delhi, July 11 -- Suzlon Energy continues to stay on analysts' radar as brokerage firm Motilal Oswal reiterated its positive outlook on multibagger renewable energy stock Suzlon Energy with a 'buy' rating with a target price of Rs.82 apiece.
This comes just days after Anand Rathi also projected a similar target of Rs.81 apiece, as it reinitiated coverage with a 'buy' rating.
The brokerage's positive outlook on the stock stems from the expected adoption of the RLMM local content draft notification by Q2FY26, strong order prospects, the gradual phase-out of the ISTS waiver over the next four years, and a rising share of EPC projects in the order book.
According to brokerage discussions with players in the wind industry, the Revised L...
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