Suzlon Energy share price gains over 2% as Motilal Oswal stays bullish, sees 43% upside

Shares of Suzlon Energy gained 2.5% in early trade on Monday, December 08, to reach the day’s high of ₹53 apiece after domestic brokerage firm Motilal Oswal retained its ‘Buy’ recommendation on the stock with a target price of ₹74 apiece, indicating an upside potential of 40% from the stock’s previous closing price.

The shares have remained under pressure in recent months due to multiple concerns, including a slowdown in installations, which have lagged deliveries in recent quarters, along with a tepid FY26 year-to-date new order inflow that dragged the stock down 29% from the August highs.