Motilal Oswal Predicts 54% Surge for Suzlon Energy Shares, Sets ₹74 Target

• Motilal Oswal has maintained a "Buy" rating on Suzlon Energy, setting a target price of ₹74, indicating a potential 54% upside.
• The report acknowledges recent pressure on Suzlon shares due to investor concerns regarding solar energy cannibalization and slow installation pace.
• New demand drivers like data centers, C&I consumers, and PSUs could add 20-24 GW of solar energy demand by 2030.
• Suzlon's strategy to increase its EPC share to 50% and strong execution track record give it a competitive edge in securing large projects.
• Executive Vice Chairman Girish Tanti expects Suzlon's capacity to reach 10 GW in 2 years and 13-15 GW by 2030, with exports as a new growth driver.

Why It Matters: Motilal Oswal sees significant upside for Suzlon Energy, driven by new demand and strategic EPC focus.