Suzlon vs Inox Wind: Which wind energy stock should you buy?; Inox Wind buy the dip?
Suzlon Energy and Inox Wind have reignited investor interest after delivering impressive March quarter results, supported by India's aggressive renewable energy targets. Both companies manufacture Wind Turbine Generators (WTGs) and offer integrated wind energy solutions, making them key players as India aims to scale its wind power capacity from 50 GW to 100 GW by 2030.
Suzlon Energy: A Quarter to Remember
Suzlon Energy's Q4 FY25 net profit surged to ₹1,181 crore—a 365% YoY jump from ₹254 crore—on revenue of ₹3,774 crore (up 73% YoY). For the full year, profits jumped to ₹2,072 crore, with revenue reaching ₹10,851 crore. Its order book hit a record 5.6 GW, with its flagship S144 platform alone contributing over 5 GW. For the first time, management offered guidance—projecting 60% growth across all parameters in FY26, signaling robust confidence.
Brokerages are bullish. Morgan Stanley maintained an 'Overweight' rating with a ₹77 target, while Motilal Oswal stuck with a 'Buy', upping its target to ₹83.
Inox Wind: Execution Gains Traction
Inox Wind also posted strong numbers, with Q4 profit rising over fivefold to ₹190 crore from ₹39 crore last year. Revenue more than doubled to ₹1,311 crore. Execution improved significantly—236 MW in Q4 vs 129 MW a year ago. The company nearly hit its FY25 guidance of 800 MW, completing 705 MW. Forward guidance is even more ambitious: 1,200 MW in FY26 and 2,000 MW in FY27.
Analysts remain positive despite a short-term dip in stock price. Nuvama raised its target to ₹236, while ICICI Securities and Systematix set targets around ₹230–₹231.
The Verdict
Both Suzlon and Inox Wind have shown strong financial and operational performance, with aggressive growth plans and rising order books. Analysts see potential upside in both, making them attractive picks for investors eyeing India's clean energy transition.
Disclaimer: The views and recommendations in this article are those of analysts. Always consult a certified financial advisor before investing.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
20 hours ago
- Time of India
Morgan Stanley opens xAI books with Musk in Trump crosshairs
Even before Elon Musk and President Donald Trump 's public falling out, selling debt for the tech mogul's companies has always been tricky for Morgan Stanley . But xAI Corp. was supposed to be different. Beyond the frenzy around artificial intelligence in markets of late, internal numbers, which the bank revealed to a select group of investors Thursday, show a company that anticipates generating more than $13 billion of annual earnings by 2029, according to a person with knowledge of the figures. Yet the Musk-Trump feud, which has exploded into public view and degenerated into an ugly tit-for-tat for all to see, will now almost certainly make the bankers' task more complicated. Trump, as he's proven with Harvard and Columbia Universities, is willing to use unconventional tactics to punish those who challenge him, and all companies in Musk's empire, including xAI, could wind up in the crosshairs. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Una abuela sigue cayéndose de su silla de ruedas - Su hijo pone cámaras y ve la verdad Plays Star Undo It wasn't immediately clear how the debt sale effort had been affected by the clash. The price of a loan for social-media-platform X, another of Musk's companies that is attached to xAI in a broader enterprise, was down roughly 1.25 points on Thursday, as their arguments became more ferocious online. By late Thursday, Musk signaled he would move to cool tensions with Trump, while White House aides ahd scheduled a call between the two to avoid further escalation, Politico reported. Live Events A representative for Morgan Stanley declined to comment, while xAI didn't respond to a request for comment made after normal business hours. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories In meetings Thursday, investors who were willing to write checks of at least $50 million were allowed to view limited statistics about xAI, including revenue, earnings, cash flow and projections, said multiple people with knowledge of the situation, who asked not to be identified because they were not authorized to speak publicly. The figures showed xAI losing money and burning cash, which is typical for a startup in the AI industry. The company had $52 million in gross revenue during the first quarter and lost $341 million before interest, taxes, depreciation and amortization, according to material shared with investors. The company projects that figure — known as Ebitda in Wall Street parlance — will be $2.7 billion in 2027 and $13.1 billion in 2029, one of the people said. xAI anticipates $1 billion in gross revenue by the end of this year, which it predicts will grow to $14 billion by 2029, the person added. Its cash flow from operations was negative $220 million after spending $2.6 billion on capital expenditures, that person added. The company plans to spend $18 billion on investments in data centers going forward. The figures were not audited nor were they subject to the same accounting standards publicly traded companies follow, the people said.
India Gazette
2 days ago
- India Gazette
Indian equities poised for long-term growth
New Delhi [India], June 5 (ANI): The recent report by Morgan Stanley, named 'India Equity Strategy Playbook', reveals that Indian equities appear undervalued, presenting a compelling opportunity for long-term to the report, 'it will require patience, given the potential for bad news from outside India, but we believe rewards will come in time.'The Equity market of India has shown resilience since September 2024, digesting a lot of unprecedented amount of bad news, which includes overvaluations in small and mid-cap stocks (SMIDs), a broad market correction, US tariff volatility, and geopolitical events. Despite these hurdles, large-cap indexes remain within 5 per cent of all-time the report also points out various strong fundamental factors supporting India's positive outlook. The country exhibits strong macro stability, characterised by improving terms of trade, a declining primary deficit, and low inflation volatility. Additionally, Morgan Stanley sees mid-to-high teens earnings growth is projected annually over the next three to five years, fuelled by an emerging private capital expenditure cycle, deleveraging of corporate balance sheets, and a structural increase in discretionary geopolitical developments have instilled a new doctrine on terror, potentially deterring future attacks and empowering decisive government action. Furthermore, an unexpected upside in military performance highlights advancements in strategy and combat capabilities, the report said. The report adds that India will outperform other emerging markets in the coming months: 'India's real policy rate relative to the US is turning up in the coming months and could support India's relative outperformance to EM in the coming months.'While the outlook is largely positive, the report also identifies several risks and catalysts. India-specific catalysts include potential dovish actions from the RBI, stimulus through GST rate cuts, a trade deal with the US, and positive incoming growth data. Globally, US policy and growth rates will be crucial cues, alongside China's deflationary impulses and broader geopolitical risks. Given India's low beta, it is expected to outperform in a global bear market but underperform in a bull Morgan Stanley recommends a portfolio strategy favouring Domestic Cyclicals over Defensives and External-facing sectors. (ANI)
Time of India
2 days ago
- Time of India
Indian equities hold promise: 'Rewards will come, require patience'; see what Morgan Stanley has to say
Indian equities are trading at undervalued levels and offer a promising opportunity for patient, long-term investors, Morgan Stanley said in its latest report 'India Equity Strategy Playbook. Tired of too many ads? go ad free now ' It highlighted that the stock market has continued to be resilient since September 2024, despite global headwinds. Investors have faced a series of challenges, including overvaluations in small and mid-cap stocks, a broad market correction, volatility from US tariffs, and ongoing geopolitical tensions. Yet, India's large-cap indices remained within 5% of record highs. "It will require patience, given the potential for bad news from outside India, but we believe rewards will come in time," the report said, signalling cautious optimism. It attributed this positive outlook to India's strong macro stability: improving terms of trade, a declining primary deficit, and low inflation volatility. Morgan Stanley also projected a mid-to-high teens earnings growth annually over the next three to five years, driven by three key factors: a budding private capital expenditure cycle, cleaner corporate balance sheets thanks to deleveraging, and a structural increase in discretionary spending. The report, quoted by ANI, referred to the ongoing geopolitical developments and said that they have shaped a new and more assertive stance on national security. This included a tougher doctrine on terror, which could deter future threats and support more decisive action from the government. Notably, the recent boost in India's military performance was also taken as a sign of improved strategic and combat capabilities. Tired of too many ads? go ad free now Looking ahead, Morgan Stanley expected India to outperform other emerging markets. 'India's real policy rate relative to the US is turning up in the coming months and could support India's relative outperformance to EM in the coming months,' it noted. Though the outlook remains largely positive, the report also cited some weak sports and catalysts. Key factors that could boost India's market included a softer stance from the RBI, possible GST rate cuts, a trade agreement with the US, and stronger-than-expected growth figures. Globally, developments in US monetary policy, the state of the American economy, China's deflationary pressures, and broader geopolitical risks will remain key external factors. India's lower sensitivity to global trends means it may outperform in a bear market scenario, but underperform in a bullish global run. In terms of investment strategy, the report recommended a tilt towards domestic cyclicals over defensive and export-oriented sectors, suggesting that investors focus on India's internal growth drivers rather than relying on global demand.
