Suzlon Energy Can Rally 21%, Projects Motilal Oswal, As It Initiates Coverage With Buy Rating

Suzlon Energy is reasonably priced, given an estimated EPS CAGR of 63% over FY24-27, significantly surpassing domestic capital goods peers ABB India (23%), Siemens (20%), Thermax (17%), and CG Power (26%) and global peers such as SANY (26%), says Motilal Oswal..NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Motilal Oswal Report.We initiate coverage on Suzlon Energy Ltd. with a Buy rating and a target price of Rs 70/share, implying 21% upside (34x to Dec’26E EPS; slight premium to historical average two-year fwd P/E of 27x).Suzlon is a global leader in wind energy with an installed capacity of ~20.9GW across 17 countries. Suzlon Energy's operations span wind turbine generator sales, project execution, foundry and forging components and operations and maintenance services..Suzlon Energy projects India’s new wind energy installations to reach ~4GW in FY25, 6GW in FY26, and 7-8GW annually from FY27 onward and we estimate Suzlon Energy’s order book execution to be 3.2GW in FY27. We estimate a CAGR of 51%/52%/63% in revenue/Ebitda/adjusted PAT over FY24-27 with consolidated Ebitda margins at ~14-16% in FY25/FY26/FY27..Click on the attachment to read the full report:.Defence Stocks To Buy: BEL, BDL, Astra, Among ICICI Securities Bets After DAC Approves Rs 54,000 Crore Deal.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Suzlon Energy Can Rally 21%, Projects Motilal Oswal, As It Initiates Coverage With Buy Rating

Adjusted for growth, Suzlon Energy reasonably priced versus capital goods peers, says Motilal Oswal.

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Suzlon Energy Can Rally 21%, Projects Motilal Oswal, As It Initiates Coverage With Buy Rating

Adjusted for growth, Suzlon Energy reasonably priced versus capital goods peers, says Motilal Oswal.

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