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Suzlon Energy shares jump 5% after Motilal Oswal reiterates bullish view, sees 73% upside; Technicals signal caution

Suzlon Energy shares jump 5% after Motilal Oswal reiterates bullish view, sees 73% upside; Technicals signal caution

Suzlon Energy shares surged by nearly 5% today, following a bullish view from Motilal Oswal. The brokerage has reiterated its 'Buy' rating and set a target price of ₹65.

The positive outlook is based on attractive valuations, a robust order book, and expected earnings growth.

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