| Brokerage Name | Recommendation | Share Price Target 2026 | Target Price 2026 (From CMP of Rs 36.79) |
| Nuvama | HOLD | Rs 41 | 11.44% |
Suzlon Energy Outlook
What Will Set the Tone for This Energy Stock?
Brokerage firm Nuvama highlighted strong execution by Suzlon Energy, with volumes reaching 710 MW, but flagged margin pressure from foreign exchange and commodity headwinds, alongside rising costs and weak cash conversion. The brokerage expects normalised EBITDA margins to improve to 16.5–17 per cent, while revising its FY27 and FY28 earnings estimates downwards.
