Suzlon Energy Limited SHARE Price Target - SUZLON NSE INDIA Chart Analysis (2024)

FAQs

What will be the target price for Suzlon Energy? ›

Stock price target for Suzlon Energy Limited SUZLON are 8.43 on downside and 9.03 on upside.

The SUZLON ("532667" ) future stock price will be 18.381 INR .

1. Is Suzlon Energy Ltd a good quality company? Past 10 year's financial track record analysis by Moneyworks4me indicates that Suzlon Energy Ltd is a below average quality company.

Q: What will be the share price of Suzlon in 2025? A: The expected share price target will be Rs 19.50 to Rs 21.20 in 2025. Q: What will be the target share price of Suzlon Energy in 2030? A: The expected share price target of Suzlon Energy will be Rs 30.70 to Rs 35.60 in 2030.

Suzlon Energy shares are one of the multibagger stocks in 2021 as it has surged from ₹5 to ₹5.00 to ₹12.15 apiece levels, logging near 145 per cent rise in this period.

Suzlon Energy has an accrual ratio of 0.54 for the year to September 2022. Ergo, its free cash flow is significantly weaker than its profit. As a general rule, that bodes poorly for future profitability.

Pune-based renewable energy solutions provider Suzlon Energy Limited has reported a turnaround with a net profit after tax of ₹370 million (~$4.93 million) in the third quarter (Q3) of the financial year (FY) 2022 compared to the net loss of ₹130 million (~$1.73 million) in the previous quarter.

Why Suzlon share is increasing? ›

Shares of renewable energy solution provider Suzlon Energy rallied nearly 6 per cent to Rs 8 in Tuesday's intraday trade after the company secured an order for 48.3 MW wind power project from Adani Green Energy.

Suzlon Energy Ltd.

The company has a good dividend track report and has consistently declared dividends for the last 5 years.

SBI CAP Trustee has acquired 52.4 crore shares in the renewable energy company, Suzlon Energy Limited, the company notified in a regulatory filing. Based in Pune, Suzlon is a wind turbine manufacturer.

Price-To-Earnings vs Peers: SUZLON is good value based on its Price-To-Earnings Ratio (4.4x) compared to the peer average (76.1x).

Suzlon Technical Analysis Overview

It helps to analyse the price trends, patterns and trading signals. On Classic Moving Average Scale Suzlon shows a 8.21 for 20 - DMA, 8.11 for 50-DMA and 8.93 for 100-DMA. On Exponential Moving Average Scale Suzlon shows a 8.25 for 20 - DMA, 8.30 for 50-DMA and 8.48 for 100-DMA.

Troubles and debts

Suzlon got into trouble when it took over the German wind turbine manufacturer, RePower, in 2007 for ₹7,300 crore. The acquisition was funded partly by a debt of ₹4,000 crore. RePower had about 300 Euros of free cash; the idea was to use the money to repay the Indian debt.

Suzlon Share Price Target 2022

At that time, Suzlon stock price was trading at around 3.00-4.00. Since then it has given multibagger returns. Now, I am expecting by the end of 2022, Suzlon's stock price may reach 13-14. At present, its stock price may correct a little bit more and resume its northward journey.

MUMBAI: Loss-making wind turbine maker Suzlon Energy expects to return to profits by FY22 after completing its debt recast, reducing costs and changing its business strategy to focus more on India, Chairman Tulsi Tanti told ET. In June, Suzlon Energy completed a debt recast, its second in less than a decade.

2. Is the Suzlon Energy profitable ? On Consoldiated basis, Suzlon Energy reported a total income and profit of Rs 1464.15 Cr and Rs 78.36 respectively for quarter ending 2022-12-31. Total Income and loss for the year ending 2022-03-31 was Rs 6603.97 Cr and Rs -199.59 Cr.

What is the target of Suzlon in 5 years? ›

What will be the share price of Suzlon Energy after 5 years? Suzlon Energy Share Price Target for 5 years is around 100.

The board of Suzlon Energy Ltd has approved the company's proposal to sell its 75 per cent equity holding in subsidiary company Suzlon Generators Ltd.

Some ofour major clients include AGL Energy Ltd., TrustPower Ltd., Tecneira, Servtec,DLF Group, Reliance Group, Aditya Birla Group, Tata Group, British Petroleum,MSPL, John Deere Wind Energy & Distributed Wind Systems.

Suzlon's trajectory after 2008 crisis

Suzlon share price decline started as credit flow almost stopped. This led to shutting down of its blade making factory in Pipestone, Minnesota.

Suzlon Energy will issue Right Entitlements (RE's) to anyone who holds its shares as of October 4, 2022 (record date). These RE's will be temporarily traded on the stock exchanges and will then be extinguished.

Suzlon will install 69 units of wind turbine generators (Wind Turbines) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 2.1 MW each. The project is located at sites in Gujarat and Madhya Pradesh and is expected to be commissioned in 2023.

Suzlon recognised as the number one green energy company in India and ranked 67 globally.

The issue will be in the ratio of 5:21 (i.e. 5 rights equity shares for every 21 fully paid-up equity shares held by eligible shareholders).

Market cap: $1.25 Billion

As of May 2023 Suzlon has a market cap of $1.25 Billion. This makes Suzlon the world's 4335th most valuable company by market cap according to our data.

What is the record date for Suzlon Energy 2023? ›

Suzlon Energy has fixed 02 March 2023 as record date for determining the holders of partly paid up equity shares to whom call notice for the first and final call of Rs.

No stock in the S&P 500 has a higher dividend yield than independent oil and gas company Pioneer Natural Resources (PXD).

Shares of renewable energy solution provider Suzlon Energy rallied nearly 6 per cent to Rs 8 in Tuesday's intraday trade after the company secured an order for 48.3 MW wind power project from Adani Green Energy.

The stocks can hit the upper circuit for many reasons: Earnings of the company are over investors' expectations. Changes in trade scenarios.

Suzlon Energy share price slumped after the company announced that its board has approved a rights issue of 240 crore shares. On Sunday, the company's board had approved raising Rs 1,200 crore via a rights issue.

As on 31-03-2023, the company has a total of 1,247.31 Crore shares outstanding.

In terms of financials, the company witnessed a bumpy ride in terms of profit and losses. For the financial year ended March 31, 2022, Suzlon reported a consolidated loss of Rs 166 crore against a profit of Rs 100 crore in FY21. Earlier, it posted a loss of Rs 2,691 crore and Rs 1,531 crore in FY20 and FY19.