Overview

• Suzlon’s shares have climbed for five straight sessions into early July, marking a sustained rally.
• Anand Rathi re-initiated coverage with a Buy rating and set a Rs 81 target, valuing the stock at 40 times projected FY27 earnings.
• The National Stock Exchange and Bombay Stock Exchange issued “no adverse observation” letters clearing Suzlon’s subsidiary merger plan.
• Suzlon holds a net cash position of Rs 8.3 billion and maintains a record 5.6 GW order book underpinning planned deliveries of 2.5 GW in FY26 and 3.2 GW in FY27.
• Mixed technical indicators on the stock’s momentum reflect lingering concerns over policy shifts, execution delays and low promoter holding.