New Delhi, Oct. 12 -- Suzlon Energy share price jumped nearly 5% on Monday, 12 October, after Motilal Oswal Financial Services reiterated its 'Buy' rating on the stock, with a target price of Rs.65, implying an upside potential of around 73% from its current market price of Rs.38. The brokerage expects earnings momentum to strengthen in the second half of FY27, supported by a strong order book, higher deliveries and rising wind power installations in India.

In its latest report, Motilal Oswal said Suzlon Energy's stock has corrected 31% over the past three months and is currently trading at 17.5 times its estimated FY28 earnings. This represents a 20% discount to its one-year forward price-to-earnings average of 22 times at minus one sta...