Suzlon Energy Shares: Up 12% in Four Straight Sessions | Experts Give 3 Reasons to Buy, Target Price, Stop-Loss

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

1. Q2 FY27 results and the delivery numbers against the 1.2 GW H1 estimate
2. The order book against 5.9 GW and any new orders
3. Progress on the three blade factories and the Rs 550 crore capex
4. A close above Rs 41 to Rs 42 or below the Rs 36.30 low
5. 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.

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.