New Delhi, Aug. 6 -- Axis Securities projects Suzlon Energy share price could climb 10% to Rs.72 apiece over the next 3-6 months, citing the company's strong positioning to leverage favorable trends in India's renewable energy sector, supported by improved execution capabilities and a robust order book.
The brokerage underscores the company's growing order book, which, at the end of May, stood at 5.5 GW-its highest ever-providing revenue visibility for the next 2-3 years.
Between FY20 and FY25, the company's revenue grew at a CAGR of 70% to Rs.10,851 crore, driven by improved execution. The brokerage expects revenue to grow at a 40% CAGR from FY25 to FY27 to Rs.21,275 crore, while Suzlon has guided for 60% growth in FY26.
The company r...
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