Suzlon Energy Share Price Target: Nuvama maintains HOLD for energy stock, flags limited near-term upside - Markets | Latest News Updates

The stock under discussion is Suzlon Energy, which has a market valuation of Rs 76,341.28 crore. Additionally, the stock is a component of the BSE 100 index.

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Brokerage firm Nuvama has maintained a HOLD call on this stock and has set a target price of Rs 56, compared to the current price level of Rs 55.57 (settlement price of June 15). The price target reflects a marginal upside for the stock. (Suzlon Energy Share Price)

Suzlon Energy’s June 2026 analyst meet outlined its Vision FY31 roadmap, aiming to evolve into a full-stack renewable energy solutions provider across wind turbine generators, wind and solar EPC, BoP, and O and M, according to Nuvama.

The company targets a 25 per cent plus revenue CAGR over FY26 to FY31E and annual sales of 10 GW, with DevCo expected to contribute over 60 per cent of the mix. India wind market share is guided to expand to 40 per cent plus from around 35 per cent, alongside 3 GW exports. RE AUM is projected to scale sharply to 70 GW plus by FY31E from around 18 GW currently.

While the outlook is constructive, Nuvama noted that growth could be back-ended and relatively lower margin due to a higher EPC and O and M mix. It estimates FY31E EPS at around Rs 3.7, implying a 23 per cent PBT CAGR, with FY27E and FY28E EPS revised up by 0.7 per cent and 9 per cent, respectively.

Suzlon Energy has seen a steady improvement in near-term stock performance, with the counter gaining 2.06 per cent over one week, 3.12 per cent over two weeks, and 3.23 per cent over the last month. The momentum strengthens further over a three-month period, where the stock is up 34.23 per cent, reflecting strong recent buying interest. On a year-to-date basis, Suzlon is up 5.87 per cent, while the six-month gain stands at 4.57 per cent, indicating a gradual recovery after volatility.

However, on a one-year horizon, the stock remains under pressure, down 14.16 per cent, highlighting earlier consolidation. Despite this, longer-term performance remains strong, with gains of 12.33 per cent over two years, a sharp 284.30 per cent rise over three years, and an exceptional 738.16 per cent return over five years. Over a 10-year period, the stock is up 233.55 per cent, underscoring its long-term wealth creation trend despite cyclical drawdowns.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)

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