Overview
- Suzlon will report September-quarter and half-year results today, with an analyst call scheduled at 5:30 pm.
- Brokerages broadly project 35–40% year-on-year revenue growth on 365–410 MW of dispatches, with margins expected to moderate due to a higher EPC mix and weather-related execution slippage.
- JM Financial models at least 40% revenue growth on roughly 410 MW of dispatches and has cut its target price to Rs 66 citing execution pace and sector volatility.
- Motilal Oswal sees sales up about 32% to Rs 2,785.20 crore with a 1% decline in profit year on year, and it retains a Buy rating with an Rs 80 target.
- Shares inched up to about Rs 59.24 ahead of earnings, and the company has scheduled in-person analyst meetings from November 6 to 20 with multiple brokerages.