04 Mar 2026 | 5 Mins Read

Suzlon Energy shares drop, but Motilal Oswal sees big upside potential

Flipitmoney

Suzlon Energy shares tumbled 3% as it hits a 52-week low before rebounding. Motilal Oswal Financial Services remains bullish, citing 61% upside potential. The brokerage sees company's leadership restructuring and new project development initiative, DevCo, to support expansion into solar and wind business, with a "Buy" rating and target price of Rs 66.