Suzlon share price, July 8 -- Backed by the stellar financial restructuring and sectoral tailwinds, domestic brokerage Anand Rathi has re-initiated coverage on multibagger renewable energy stock Suzlon Energy with a 'Buy' rating.

Suzlon, the leader in India's wind turbine market, with an installed capacity of 15.1GW, commands a nearly 30% market share. This makes the company well-positioned to capitalise on India's growing renewable energy demand.

Demand for electricity in India is expected to rise at a steady 5-7% over 2025-30. India's installed power generation capacity was 475GW in FY25, according to the Ministry of Renewable Energy. By 2030, this is projected to rise to 777GW, with renewables contributing 500GW, signalling a major s...