The amendment issued by the Ministry of New and Renewable Energy (MNR) on 31 July is like a booster dose for domestic wind turbine companies. The ministry made it clear that now all the essential components of Wind Turbine will be able to be taken only from the approved list of models and manufacturers (ALMM). Not only this, R&D centers, data centers and servers will have to be set up in India so that cyber security can be strengthened.
Got new order
Suzlon informed about a big deal on Friday. The company has received an order of 381 MW from Zelestra India and its associate companies, with 127 turbines of its S144 model. These projects will be held in Maharashtra (180 MW), Madhya Pradesh (180 MW) and Tamil Nadu (21 MW).
Suzlon Energy has given multibagger returns
Suzalon Share is a multibagger stock. It has given 240% return in 2 years and 930% percent returns in 3 years. In five years, this energy share has made 1554% profit. Although the stock has not been special since the beginning of 2025, but due to the new policy and order flow, it seems to be living again.
Brokerage Bulish, Target 34% above
In its report, Motilal Oswal Wealth Management has maintained a BUY rating on the stock, including Suzlon in the category of “Fundamental Idea”. Brokerage says that the stock can go up to 34% above the current level. Brokerage has kept the target price of Suzlon Energy Share ₹ 82. This rating has been given keeping in mind the company’s strong order book, the support of the government and the increasing demand of the wind energy sector.
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