Motilal Oswal
We initiate coverage on Suzlon Energy (SUEL) with a BUY rating and a target price of INR70/share, implying 21% upside. SUEL is a global leader in wind energy with an installed capacity of ~20.9GW across 17 countries.
Number of FII/FPI investors increased from 739 to 793 in Jun 2025 qtr.
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