Shares of Suzlon Energy surged 5% for the second consecutive session, reaching Rs 81.95. The stock has risen 10% in two days following Morgan Stanley's reaffirmed "overweight" rating, with a target price of Rs 73, after Suzlon secured a 1,166 MW wind energy order from NTPC Green Energy.
This major contract is expected to boost Suzlon's earnings for FY26-27. Suzlon's stock is trading above all key moving averages, reflecting strong market confidence. Over the past year, the stock has gained 241%, driven by low volatility and high investor interest.