Suzlon Energy: Strong Business, Yet No Stock Rally? Brokerage Explains Why

• Ventura Securities rates Suzlon Energy 'Hold' with a ₹56 target, citing strong business but limited near-term upside.
• Execution risks, priced-in positives, and working capital pressure in manufacturing are key concerns.
• Suzlon's vertically integrated model and stable Operations & Maintenance (OMS) business are strengths.
• Indian wind energy sector growth (6 GW by FY26, 100 GW by 2030) offers significant opportunity for Suzlon.
• Despite a technical downtrend and ₹60 resistance, other brokerages like Anand Rathi and ICICI Securities recommend 'Buy'.

Why It Matters: Suzlon's strong fundamentals face near-term stock rally hurdles due to execution risks and valuation.