Suzlon Share Price: Motilal Oswal Initiates ‘Buy’ with Target of ₹66

Renewable energy major Suzlon Energy is in the spotlight today, Monday, April 20, 2026, as brokerage firm Motilal Oswal has initiated coverage on the stock with a bullish outlook. Despite recent market volatility, the brokerage views the current valuation as an attractive entry point for long-term investors.

Stock Performance & Brokerage Target

• Current Price (as of 9:47 AM): ₹52.96
• Motilal Oswal Target Price: ₹66.00
• Potential Upside: Approximately 24.6%
• Recent Momentum: The stock has rallied 11% in the last five trading sessions and 25% over the past month.
• Multibagger Track Record: Suzlon has delivered a staggering 1,182.32% return over the past five years.

🔍 Why Motilal Oswal is Bullish

The brokerage’s “Buy” rating is anchored in Suzlon’s financial turnaround and the broader tailwinds in the Indian renewable energy sector:

• Earnings Growth: A projected 13.6% expansion in earnings is expected to drive consistent financial improvement.
• High Returns: The company’s Return on Equity (ROE) is forecasted to remain robust at around 28% for the 2026-27 fiscal year.
• Market Leadership: As India’s leading wind energy solutions provider, Suzlon boasts over 21,490 MW of installed capacity across 17 countries.

📊 Key Market Data (BSE: April 20, 2026)

💡 Investment Perspective

Suzlon’s transformation from a debt-laden firm to a financially lean, “future-ready” wind turbine manufacturer has made it a favorite among retail investors. With a vertically integrated business model and a significant global footprint, the company is well-positioned to capitalize on India’s aggressive wind energy targets.

Expert Note: While the brokerage is bullish, investors should keep an eye on the 52-week high of ₹74.30, as the stock currently trades significantly below its yearly peak, providing a margin of safety for new entrants.