Suzlon Energy Share: 4 reasons why this is the right time to buy Suzlon Energy shares? Target above 70

News Topical, Digital Desk : If you're already an investor in Suzlon or considering entering the stock, this update is extremely useful. The brokerage firm maintains a Buy recommendation for Suzlon and has a target price of ₹74. Based on the current price (CMP) of ₹57.70, the stock has potential for a significant upside of 28%.

The stock was initially recommended at ₹60. Now, the price has come down slightly and is trading at ₹57.70—meaning new investors could find a better entry level.

Why is there so much confidence in Suzlon?
(1) Strong Q2 results—Company on track:
Suzlon delivered a strong second-quarter (Q2). Both revenue and margins were better than expected.
The company's focus on cost control, collections, and project pipeline was clearly visible. The strong quarterly results have boosted confidence in the stock.

(2) Company confident about FY26 guidance:
The company maintains its momentum towards achieving its FY26 target. Suzlon has a clear target—
delivering 2.5 GW in FY26. The Q2 updates and management conference call made it clear that the company is fully confident about this guidance. (3) New Order Bookings and a Strong Pipeline Suzlon stated that it is very positive about new orders. So far for FY26, the company has reported a strong execution pipeline of 1.8 GW. This indicates that the company is not short of work, and the momentum is expected to continue in the coming quarters. (4) Suzlon's Growth in the Renewable Energy Sector The renewable energy market in India, especially wind energy, is growing rapidly, and Suzlon is a major player in this space. Government policies are supportive. New capacity additions are increasing. Demand from power companies and states is growing. Suzlon is directly benefiting from this shift. 

What can investors do? The CMP is ₹57.70—a 28% upside to the target of ₹74. The stock is in a strong buy zone on dips. The company's fundamentals are steadily improving. The order pipeline strengthens FY26 growth. If you already own—hold. If you are thinking of entry – this level is attractive.

Read More: Is digital gold just regular gold? Understanding this is crucial.