UBS has maintained its buy rating on Suzlon Energy with a target price of ₹78 per share, implying an upside of about 32 percent from the current market price of ₹59.03.
The brokerage noted that Suzlon has secured an 838 MW order from Tata Power, which marks its second-largest order to date and the third such order from Tata Power. With this development, Suzlon’s order book has now crossed 6.5 GW.
UBS highlighted that Suzlon’s order intake for FY26 year-to-date stands at 1.8 GW, keeping it on track to achieve its FY26 estimate of 3.5 GW. The brokerage said the strong order pipeline supports a sustainable ramp-up in execution and reinforces confidence in the company’s growth trajectory.
Disclaimer: The views and recommendations expressed in this article are those of UBS. This publication does not provide investment advice. Readers are advised to consult certified financial advisers before making any investment decisions.
