Suzlon Energy share price: Stock set for a new rally? Brokerages project up to 55% upside

Stock to buy: Suzlon Energy share price have struggled over the past year, falling more than 30% from their peak and slipping 21% on a 1-year basis, placing the stock squarely in bear-market territory. Yet, despite the weak price action, leading domestic brokerages have turned upbeat, projecting as much as 55% upside from current levels.

The renewable energy stock has rebounded 14% from its 52-week low of ₹46, but remains under pressure—down 24% in the past six months, 10% over the last three months and 9% in the past month.