Suzlon Energy Shares May Rally Up To 71%, Says Motilal Oswal On Strong Order Book, New Growth Engines; Check Target Price

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The wind energy service provider's order book stood at 5.9GW as of Q1 FY27-end, providing 100% visibility on the brokerage's estimated deliveries through Q3 FY28 and Motilal Oswal estimates Suzlon Energy to deliver Ebitda compound annual growth rate of 22% over FY26-28E.