Archive · 6 Aug 2025
Axis Securities: Suzlon Energy Share Price Could Reach ₹72
Axis Securities believes Suzlon Energy's stock price could reach ₹72.
This is because Suzlon has a lot of orders from reliable clients, the company delivers a lot more products than it used to, and the government's new rules help local companies like Suzlon.
Also, the company's revenue is increasing quickly, meaning investors might earn more.
Axis Securities has a 'Buy' rating for Suzlon Energy, setting a target price of ₹72.
Suzlon has a record order book of 5.5 GW, with 80% from PSU and C&I clients.
Deliveries in FY25 increased by 118% year-on-year, reaching 1,550 MW.
Revenue grew at 70% CAGR from FY20 to FY25 and is projected to grow by nearly 40% in the next two years.
Regulatory support, including ALMM, favors local manufacturers like Suzlon, with India aiming for increased wind capacity.
- Who
- Axis Securities
- What
- Axis Securities forecasts Suzlon Energy's share price to reach ₹72.
- When
- In the next 3-6 months.
- Where
- N/A
- Why
- Due to a strong order book, revenue growth, and capacity expansion.
- Target Price
- ₹72
- Current Market Price
- ₹65
- Order Book
- 5.5 GW
- FY25 Deliveries
- 1,550 MW
- FY20-FY25 Revenue CAGR
- 70%
- Projected Revenue Growth (next 2 years)
- Nearly 40%
- Manufacturing Capacity
- 4.5 GW
Sources
Buy Suzlon Energy shares, says UBS as it initiates coverage
Buy Suzlon Energy, Waaree Energies, BHEL, Premier Energies shares, says UBS
Suzlon Energy, Inox Wind, Tata Power, BHEL, IEX, SJVN, Power Grid, NTPC: Share price targets
Suzlon Energy shares can rise another 10%: Axis Securities cites seven factors
Suzlon Energy share price could reach ₹72 in next 3–6 months, says Axis Securities