Suzlon stock price forecast shows potential correlation with global renewable energy ETF movements, hinting at international interest in India’s wind sector. trademint.in trademint.in › suzlon-share-price-target JM Financial Institutional Securities maintained a Buy call on Suzlon with a target of Rs 71 per equity share, implying an upside of 24% from the current levels. Suzlon remained upbeat about the revival as the company’s order book was at the highest ever levels. Further, JM Financial sees the initiatives to enhance capabilities to handle more volume and higher-rating WTGs as a positive. In a research report JM Financial added that “the area of the shop floor is under expansion by converting the existing warehouse into the new hub assembly shop. Institutional outlook on Suzlon stock price forecast favors gradual accumulation, with foreign institutional investors increasing exposure since April based on policy clarity in clean energy.
