Suzlon Energy shares surge on wind energy momentum. The wind turbine manufacturer's stock climbed 3.34 percent to ₹51.93 on Friday, extending recent gains of 25.81 percent over the past month and 14.56 percent in the past week. JM Financial maintains a BUY rating with a ₹64 price target, citing a structural shift in India's power generation. A drop in gas-based generation from 8-12 GW to 2 GW due to Middle East tensions has created an 8 GW evening power deficit, accelerating demand for wind capacity. India is projected to commission 8-10 GW of wind capacity in FY27 against historical quarterly runs of 1.4-1.5 GW. Suzlon specifically benefits from 776 MW of turbines awaiting commissioning. The brokerage forecasts net sales growth to ₹2,242 crore in FY27 and ₹2,510 crore in FY28, with earnings per share rising to ₹2.3 and ₹2.6 respectively. Despite a 5.
