This energy stock has the potential to rise by 55%, Motilal Oswal recommends 'buy'.
- bySherya
- 20 Jan, 2026
Suzlon Energy: Suzlon Energy shares have a 55% upside potential from their current levels. Motilal has maintained its 'Buy' rating on the stock.

This energy stock has the potential to rise by 55%, Motilal Oswal recommends 'buy'.
Suzlon Energy: Domestic brokerage firm Motilal Oswal Financial Services remains positive on energy stock Suzlon Energy. The brokerage believes its risk-reward ratio suggests investors will benefit.
The risk-reward ratio is a metric that measures how much risk you're taking on a bet and how much profit you expect to earn. However, this energy stock has been under pressure recently. It has fallen by 26% so far in the 2026 financial year.
Why is Motilal hopeful about the stock?
Motilal Oswal said investors are concerned about the declining wind share in tenders, particularly from the solar + BESS segment, the slow pace of wind installations, and increased competition in the wind sector. Despite this, Motilal maintained its 'Buy' rating on the stock, suggesting a strong upside potential of up to 55%.
The brokerage says, "We anticipate 20-24 GW of additional demand in the coming years. We estimate that data centers, C&I consumers, and PSUs together could generate 20-24 GW of additional wind energy demand by 2030 (20% from data centers, 45% from C&I consumers, and 35% from PSUs). This exceeds India's target of achieving 100 GW of wind energy capacity by FY30."
What is the company's EPC strategy?
The company's EPC strategy is a major reason for the brokerage's positive stance on its shares. The company is aiming to increase the EPC (engineering, procurement, and construction) share of its order book to 50%. Chinese OEMs (original equipment manufacturers) also have limited participation in their EPC segment. The brokerage says that the company's track record of timely order execution compared to other domestic companies also positions it favorably to win complex and large projects.
Suzlon share price
Suzlon Energy shares fell 2% on Tuesday, dropping to ₹47.17, taking its market capitalization below ₹65,000 crore. The stock has fallen 11% in the past month and nearly 30% in six months.




