Suzlon Energy Shares: Up 12% in Four Straight Sessions | Experts Give 3 Reasons to Buy, Target Price, Stop-Loss
- October 14, 2026
- Posted by: Harsh Piplani
- Category: News
Suzlon Energy shares: Rs 40.70 on 14 Oct 2026, up about 11.7% from Rs 36.43 in four sessions (my calculation). Motilal Oswal: Buy, target Rs 65. Order book 5.9 GW at end of Q1 FY27. 52-week range Rs 36.31 to Rs 61.50; the stock is still about 34% below its high (my calculation). P/E about 13.5.
Quick Answer
Suzlon Energy shares have gained about 12% in four straight sessions, from Rs 36.43 to Rs 40.70, helped by a Motilal Oswal Buy call with a Rs 65 target, a Rs 550 crore plan for AI-powered blade factories and expected H2 delivery growth. The three reasons experts cite are an order book of about 5.9 GW, deliveries rising from 1.2 GW in H1 to 2.1 GW in H2 FY27 and a valuation that has come down after a fall of about 26% over the past year. I could not find a stop loss from the experts, and as my illustration the 52-week low of Rs 36.30 is the nearest reference level, about 11% below the current price. The Rs 65 target is a brokerage view of about 60% upside from here (my calculation), not a short-term level.
Suzlon Energy is one of India’s largest wind turbine makers, and its shares had fallen to a 52-week low of Rs 36.30 on 8 October before the rebound. The rally in Suzlon Energy shares began from that low, with the largest single day gain in five months on 12 October.
This guide explains the rally in Suzlon Energy shares, the three reasons to buy, the target price, a stop loss reference and the risks. Where I calculate a figure myself, I label it.
A four day rally from a 52-week low is a relief move until earnings confirm it, so the second half deliveries matter most.
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Suzlon Energy Shares: Price Levels After the 12% Rally
| Item | Level | Note |
|---|---|---|
| Price on 14 Oct | Rs 40.70 | Headline figure |
| Start of the rally | Rs 36.43 | Gain of about 11.7% (my calculation) |
| 52-week low | Rs 36.31 | Reached on 8 October |
| 52-week high | Rs 61.50 | About 34% above Rs 40.70 (my calculation) |
| 13 Oct close | Rs 40.19 | Up 1.57% on the day |
| 12 Oct move | Up 6.38% to Rs 39.98 | Largest gain in five months |
| Returns | 1 month about minus 9%, 6 months about minus 12%, 1 year about minus 26% | As of 13 October |
| Market cap and P/E | About Rs 54,800 crore and about 13.5 | Trailing |
| Holding | Promoters 11.7%, FIIs 24.2% | June 2026 |
The rally has taken Suzlon Energy shares off the low, but the stock is still down about 26% over a year. One source shows an RSI of 26.1, which is oversold, on 12 October, but that reading sits oddly with a four day rally and may be stale.
Risk: After a 12% gain in four sessions, Suzlon Energy shares can pause or retrace, especially if the broader market weakens.
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Three Reasons to Buy Suzlon Energy Shares
| Reason | Detail |
|---|---|
| 1. Brokerage call | Motilal Oswal keeps a Buy with a Rs 65 target, citing earnings visibility, a strong order pipeline and wind capacity prospects |
| 2. Order book and deliveries | Order book of about 5.9 GW at end of Q1 FY27; deliveries of about 1.2 GW in H1 and 2.1 GW in H2 FY27, about 3.3 GW for the year |
| 3. Capacity and growth | About Rs 550 crore for three AI-powered blade factories in Gujarat, Karnataka and Tamil Nadu, funded from internal accruals |
H2 usually brings 60% to 65% of annual EBITDA for the company, so the second half carries most of the earnings. Motilal Oswal expects EBITDA to grow at about 22% a year from FY26 to FY28 and sees deliveries of about 3.8 GW in FY28.
The company also has other growth options, including repowering, exports and its DevCo business, which won about 600 MW of orders early in FY27.
Risk: The reasons to buy Suzlon Energy shares all depend on converting the order book into timely deliveries and revenue.
Target Price and Stop Loss for Suzlon Energy Shares
| Item | Level | Note |
|---|---|---|
| Motilal Oswal target price | Rs 65 | Buy; 73% upside on Rs 37.60 and about 60% on Rs 40.70 (my calculation) |
| Target multiple | 30 times FY28E earnings | Implies earnings of about Rs 2.17 (my calculation) |
| Current multiple | About 17.5 times FY28E earnings | Against a one-year forward average of about 22 times |
| Stop loss from experts | Not found | |
| Reference level (my illustration) | Rs 36.30 | The 52-week low, about 11% below Rs 40.70 |
Two sources seem to disagree on the multiple, with one saying the target values the stock at 30 times FY28E earnings and others saying the stock trades at 17.5 times. Both fit if FY28E earnings are about Rs 2.15 to Rs 2.17, since the Rs 65 target is 30 times that and the Rs 37.60 price is 17.5 times (my calculation).
The Rs 65 target for Suzlon Energy shares is a long-term brokerage view, not a short-term trading target. A close below the Rs 36.30 low would break the rally, which makes it a sensible reference for a stop loss, but it is my illustration and not an expert level.
Risk: With a reference stop loss about 11% away and a target about 60% away, the ratio looks favourable on paper, but a brokerage target can take many months or fail.
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What Could Go Wrong for Suzlon Energy Shares
| Risk | Detail |
|---|---|
| Q1 miss | Q1 FY27 results came in below some brokerage estimates, with margins under pressure |
| Execution | Installation delays, supply chain limits and higher costs could slow deliveries |
| Contribution margin | Margins can swing with mix and volume |
| DevCo financing | The project business needs capital and funding |
| Regulatory | A headline mentions a SEBI penalty on the company and executives, which I could not confirm in detail |
| Market | A weak market or valuation reset can hit Suzlon Energy shares even with good news |
For Suzlon Energy shares, Q1 FY27 revenue was about Rs 3,829 crore and net profit about Rs 305 crore, while FY26 revenue was Rs 16,679 crore and net profit Rs 3,163 crore on one report. The FY26 profit growth of about 53% (my calculation) needs a check against the annual report.
Risk: If H2 deliveries come in below 2.1 GW, the earnings case behind Suzlon Energy shares weakens.
What to Watch Next for Suzlon Energy Shares
- Q2 FY27 results and the delivery numbers against the 1.2 GW H1 estimate
- The order book against 5.9 GW and any new orders
- Progress on the three blade factories and the Rs 550 crore capex
- A close above Rs 41 to Rs 42 or below the Rs 36.30 low
- Margins, which were under pressure in Q1 and drive Suzlon Energy shares
Conclusion
Suzlon Energy shares rose about 12% in four sessions on a Motilal Oswal Buy call, capacity plans and expected H2 delivery growth. The Rs 65 target implies large upside, but the stock is still far below its high and execution is the main risk.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why have Suzlon Energy shares risen 12% in four sessions?
Ans. A Motilal Oswal Buy call with a Rs 65 target, a Rs 550 crore plan for AI-powered blade factories and expected H2 delivery growth helped the rebound from a 52-week low.
What is the target price for Suzlon Energy shares?
Ans. Motilal Oswal has a Buy rating with a target of Rs 65, which is about 60% above Rs 40.70, my calculation.
What are the three reasons to buy Suzlon Energy shares?
Ans. The Motilal Oswal call, an order book of about 5.9 GW with rising H2 deliveries, and new blade factory capacity.
What is the stop loss for Suzlon Energy shares?
Ans. I could not find an expert stop loss. As my illustration, the 52-week low of Rs 36.30 is a reference level.
What is the order book of Suzlon Energy?
Ans. About 5.9 GW at the end of Q1 FY27, which Motilal Oswal says gives visibility on deliveries through Q3 FY28.
How far are Suzlon Energy shares from their high?
Ans. The 52-week high is Rs 61.50, so the stock is about 34% below it.
What are the risks for Suzlon Energy shares?
Ans. Execution and delivery delays, margin pressure, DevCo financing needs, a weak market and a possible regulatory penalty.
Is this article investment advice?
Ans. No. It is educational and not a recommendation.