Suzlon shares jump 6% – biggest gain in five months, driven by broker upgrade and AI‑powered blade factories

Suzlon Energy’s shares were among the day’s top performers on the BSE, climbing about 6.38% to finish at Rs 39.98. That pushed the company’s market cap up to roughly Rs 54,847 crore – a nice bump, even though the broader market was in the red, with the Sensex shedding 600 points and the Nifty slipping 154.

What’s interesting is that, despite the rally, the stock is still sitting in what analysts call the “oversold” zone. The Relative Strength Index (RSI) is just 26.1, and the price is hovering close to its 52‑week low of Rs 36.30, a trough hit on October 8.

Two key things sparked the bounce. First, brokerage house Motilal Oswal stuck with its Buy call and set a fresh price target of Rs 65. In its note, the firm said the target works out to about 30 times the FY28 estimated earnings per share – a shade higher than Suzlon’s two‑year forward P/E average of 27, but justified by a clearer earnings outlook and a robust order book.

Second, and perhaps more colorful, co‑founder Girish Tanti told PTI that Suzlon is ploughing roughly Rs 550 crore into three new blade factories powered by artificial intelligence. The plants will be spread across Tamil Nadu, Gujarat and Karnataka, joining an existing network of five facilities in Jaisalmer, Bhuj, Ratlam, Dhule and Anantapur. With these additions, Suzlon will operate 18 factories – the largest smart wind‑blade manufacturing footprint in India.

The investment is coming straight from internal accruals – no external debt, just cash the company has built up. About Rs 200 crore is earmarked for the Tamil Nadu site, while the remaining amount will be split between the Gujarat and Karnataka projects.

Analysts at Motilal Oswal also highlighted that earnings are likely to pick up momentum in the second half of FY27. Historically, that period contributes 60‑65 % of the firm’s annual EBITDA because of the seasonal nature of wind‑turbine deliveries. They expect shipments to rise to roughly 2.1 GW in H2, up from an estimated 1.2 GW in the first half.

All of this – the buy rating, the ambitious AI‑driven expansion, and the improving earnings visibility – seems to have given investors a bit of confidence, enough to lift the stock despite the overall market gloom.

As always, readers should treat this as informational content, not investment advice. It’s wise to have a conversation with a qualified financial advisor before making any decisions.