Suzlon bags 170.1 MW wind energy order from AMPIN
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Time of India
5 days ago
- Time of India
Top stocks to buy: Stock recommendations for the week starting July 14, 2025
Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting July 14, 2025) are Suzlon, and Glenmark Pharma. Let's take a look: Stock Name CMP (Rs) Target (Rs) Upside (%) Suzlon 66 82 24% Glenmark 2175 2430 12% Suzlon Suzlon new order outlook remains healthy with expected order inflow of ~4GW in FY26, including potential ~1.5GW NTPC orders, which implies total potential OB of ~6.5GW by FY26 end. EPC share is likely to rise from 20% now to ~50% in the medium term, improving execution visibility. Revised list of Models & Manufacturers (RLMM) mandating local content for key components in wind turbines is likely to be formally adopted in 2QFY26. Gradual Inter-state transmission system (ISTS) waiver phase-out will support smoother project execution. Suzlon stands to benefit from proactive land acquisition and EPC expansion initiatives. Cash conversion cycle is expected to improve by 30-35 days which will enhance balance sheet strength & generate higher free cash flow, supporting sustainable RoEs. Glenmark Pharma Glenmark's subsidiary Ichnos Glenmark Innovation (IGI) has signed an exclusive licensing agreement with AbbVie, a diversified biopharma leader, for its oncology product ISB-2001, validating clinical & commercial potential of IGI's BEAT® protein platform. The $700m upfront—world's 4th largest payment—along with $1.2b in milestones, boosts R&D monetization. Tiered double-digit royalties offer annuity income, while ANDA pipeline expansion & domestic reset further support growth. AbbVie will commercialize ISB-2001 in developed markets, while Glenmark retains rights in emerging markets. Improved leverage and a domestic reset underpin 11%/17%/20% sales/EBITDA/PAT CAGR over FY25-27. We add INR470/share NPV to arrive at a TP of INR2,430, supported by its pivot toward innovation-led growth. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Mint
11-07-2025
- Mint
Suzlon Energy share price gets another bullish target as Motilal Oswal sees it rising to ₹82
Suzlon Energy continues to stay on analysts' radar as brokerage firm Motilal Oswal reiterated its positive outlook on multibagger renewable energy stock Suzlon Energy with a 'buy' rating with a target price of ₹ 82 apiece. This comes just days after Anand Rathi also projected a similar target of ₹ 81 apiece, as it reinitiated coverage with a 'buy' rating. The brokerage's positive outlook on the stock stems from the expected adoption of the RLMM local content draft notification by Q2FY26, strong order prospects, the gradual phase-out of the ISTS waiver over the next four years, and a rising share of EPC projects in the order book. According to brokerage discussions with players in the wind industry, the Revised List of Models and Manufacturers (RLMM) notification mandating local content for key wind turbine components is likely to be formally adopted in Q2FY26. It also added that contract awards for approximately 1.5 GW of NTPC orders are expected soon, where Suzlon is seen as a strong contender. The brokerage further highlighted that the share of EPC (engineering, procurement, and construction) projects in Suzlon's overall order book is likely to rise from around 20% currently to about 50% in the medium term, improving execution visibility. Moreover, with the tax rate set to kick in from the second half of FY27, the brokerage believes Suzlon is likely to resort to debt—primarily for working capital needs—thereby enhancing balance sheet efficiency and sustaining returns on equity (RoEs). The brokerage believes that the company stands to benefit from regulatory tailwinds mandating local content, a robust and growing order book that ensures strong revenue visibility, and operational improvements driven by proactive land acquisition and EPC expansion initiatives. Earlier, Anand Rathi noted that Suzlon's order book of 5.6 GW, which is 3.6 times its FY25 execution volumes, offers strong long-term growth assurance and ensures a steady project execution pipeline. After maintaining a steady upward trend between March and May, Suzlon Energy share price has come under pressure in recent months, amid broader weakness in the Indian stock market. Suzlon Energy stock declined 5.3% in June and has fallen another 3% so far in July. However, it remains a strong long-term performer, with Suzlon Energy shares rising 277% over the past two years and over 1,200% in the last five years.
Mint
11-07-2025
- Mint
Suzlon Energy share price gets another bullish target as Motilal Oswal sees it rising to ₹82
Suzlon Energy continues to stay on analysts' radar as brokerage firm Motilal Oswal reiterated its positive outlook on multibagger renewable energy stock Suzlon Energy with a 'buy' rating with a target price of ₹ 82 apiece. This comes just days after Anand Rathi also projected a similar target of ₹ 81 apiece, as it reinitiated coverage with a 'buy' rating. The brokerage's positive outlook on the stock stems from the expected adoption of the RLMM local content draft notification by Q2FY26, strong order prospects, the gradual phase-out of the ISTS waiver over the next four years, and a rising share of EPC projects in the order book. According to brokerage discussions with players in the wind industry, the Revised List of Models and Manufacturers (RLMM) notification mandating local content for key wind turbine components is likely to be formally adopted in Q2FY26. It also added that contract awards for approximately 1.5 GW of NTPC orders are expected soon, where Suzlon is seen as a strong contender. The brokerage further highlighted that the share of EPC (engineering, procurement, and construction) projects in Suzlon's overall order book is likely to rise from around 20% currently to about 50% in the medium term, improving execution visibility. Moreover, with the tax rate set to kick in from the second half of FY27, the brokerage believes Suzlon is likely to resort to debt—primarily for working capital needs—thereby enhancing balance sheet efficiency and sustaining returns on equity (RoEs). The brokerage believes that the company stands to benefit from regulatory tailwinds mandating local content, a robust and growing order book that ensures strong revenue visibility, and operational improvements driven by proactive land acquisition and EPC expansion initiatives. Earlier, Anand Rathi noted that Suzlon's order book of 5.6 GW, which is 3.6 times its FY25 execution volumes, offers strong long-term growth assurance and ensures a steady project execution pipeline. After maintaining a steady upward trend between March and May, Suzlon Energy share price has come under pressure in recent months, amid broader weakness in the Indian stock market. Suzlon Energy stock declined 5.3% in June and has fallen another 3% so far in July. However, it remains a strong long-term performer, with Suzlon Energy shares rising 277% over the past two years and over 1,200% in the last five years. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.
