The Indian Government and the whole world are trying to increase the production of green energy because it does not pollute the environment in almost any conditions. During the building infrastructure of green energy the government and respective companies are facing a lot of problems. When the consumption of green energy increases stocks like Suzlon’s share price target for 2024, 2025, and 2026 will also increase.
In the power sector, there are many sources to produce energy or electricity. As a result, different companies are involved in different types of energy-producing sources. The Suzlon company is involved in the manufacture of wind turbines and it is one of the leading renewable energy solution providers.
As you can see there are a lot of companies who are working on renewable energy producing and components building. After a few years, only a few companies will survive in the race. So, if you invest in the right company then you can make a multi-bagger return in the next few years.
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About Suzlon
Suzlon Energy Limited is uselly knwsn as Suzlon. The company was founded in 1995 and as of now its managing director is Mr. Vinod Tanti.
Suzlon Energy Limited is an Indian multinational company that works on renewable energy solutions. Suzlon Energy Limited is involved in manufacturing wind turbines and the components which are used in wind turbines.
In the industry, Suzlon Energy Limited is one of the leading companies in the world. Currently, it is operating in approx 17 countries in the world. The countries are from Asia, America, Europe, etc. Check the complete information on the Suzlon website.
Company Fundaments
As we mentioned above in the industry many companies are operating and most of the companies compete with each other. In these types of situations, a company’s fundamentals help a lot to choose the right company for investing.
With the help of company fundamentals, you can decide which company is good and generate awesome returns on investment in the next few years. In the below tables, we shared company fundamental data which helps you a lot. The fundamental data was last updated on 21 Feb 2024.
In case you don’t know how to read a company’s fundamental data to know which company is best in a particular industry. From the below video, you can learn a lot about reading and understanding the company’s fundamental data.
Note: Please cross-check the below-shared information from your broker website or any other trusted website. Please let us know if any information is wrong.
Here are some best apps that allow you to buy and sell stocks online in India.
Rating: 9.8/10 | Rating: 9.1/10 |
Rating: 8.5/10 | Rating: 8.6/10 |
Net Profit & Loss (Yearly)
Year | Net Profit & Loss (In Crore) |
---|---|
March 2019 | -₹1,531 |
March 2020 | -₹2,691 |
March 2021 | ₹100 |
March 2022 | -₹166 |
March 2023 | ₹2,887 |
Net Profit & Loss (Quarterly)
Quarter | Net Profit & Loss (In Crore) |
---|---|
Dec 2022 | ₹78.28 |
Mar 2023 | ₹320 |
Jun 2023 | ₹101 |
Sep 2023 | ₹102 |
Dec 2023 | ₹203 |
Company Fundamentals
Market Cap | ₹61,736Cr | ROE | 9.95% |
P/E Ratio (TTM) | 89.76 | EPS (TTM) | 0.51 |
P/B Ratio | 18.23 | Div Yield | 0.00% |
Industry P/E | 67.35 | Book Value | 2.51 |
Debt to Equity | 0.04 | Face Value | 2 |
Shareholding Pattern
Held By | Jun 2023 | Sep 2023 | Dec 2023 |
---|---|---|---|
FIIs | 7.79% | 10.88% | 17.83% |
DIIs | 5.90% | 9.81% | 6.16% |
Public | 71.78% | 65.99% | 62.74% |
Promoters | 14.50% | 13.28% | 13.28% |
Government | 0.02% | 0.02% | 0.00% |
Key Points
- The valuation of the Suzlon Energy Ltd. stock is at a premium valuation.
- The company is financially very stable, during the bad times it can easily sustain itself.
- The ROE of the company is Not Available but the ROCE of the last 3 years is approximately 50% which is at a good point.
- In the last 3 years the, Suzlon Energy Ltd. company revenue growth is above 110%.
- In recent quarters, the Suzlon Energy Ltd. company paid a lot of its Debt and now on the company, there is a Debt of Rs. 2,332 Crore.
- As of 21 Feb 2024, the company has cash of Rs. 290.63 Crore.
Quarterly Results
In Dec 2023 quarter result was very positive for the compnay, in the quarter the compnay made a net profit of Rs. 203 Crore.
Thumb Rules for Investing
Thumb rules for investing are those rules that are based on getting higher returns on your investing. Hope you know in that stock market most of the investors and traders make losses because they do not follow any rules. The Investors who follow rules always make a profit or make fever loss in the worst case.
These rules are basic rules to get higher returns in the stock market. These rules are given by high experts and experienced investors from all over the world.
Rule #1: Do not invest all the money in one sector’s stocks. No matter what is the future of the sector. In case you invested all the money in one sector, if the sector faces any issue, you’ll be in a huge loss.
Rule #2: Invest a maximum of 5% – 6% of the total money in any stock. Suppose you have Rs. 1 Lakh and invest only 5000 – 6000 in any stock. This rule is applicable when you are retail, and can not track all the stocks.
Rule #3: Invest in a maximum of 2-3 sector stocks. When any sector faces problems then other sectors’ stock will save you from huge losses.
Rule #4: Invest in stock when the stock the available at a 10% low from its 52-week high. Some people invest in stocks at high, so they do not get good returns on their investments.
Rule #5: Invest in stocks for at least 5 – 7 years to get very high returns. Keep booking the profit from time to time.
Rule #6: Keep averaging the stock if everything is right in the company and the stock is available at a high discount due to any market crash.
Rule #7: Before Investing in any stock make sure you check its fundamental and related news. It will help you avoid the stock which can give you huge losses.
Suzlon Share Price Target
Suzlon is a good company and leading in the renewable energy industry in the world. As you can see there are some negative points in the company’s fundamentals. The negative points are ROE and ROCE are very poor, negative cash flow, the EBITDA margin is also negative from the last 5 years, etc.
So, there are many negative points in the company so, plan your investment according to your analysis. You should keep checking the company’s fundamental data from time to time to see what’s new in the fundamentals.
Currently Suzlon Energy limited stock is trading at Rs. 44.75 the 52-week high of the stock is Rs. 50.60 and the 52-week low of the stock is Rs. 6.95. THE MARKET CAP of the company is Rs. 61,736 Cr. The data was last updated on 21 Feb 2024.
Disclaimer: We are not SEBI registered. The post is only for educational purposes not for any investing advice. Do your analysis or ask your financial advisor before investing. We will be not responsible for any loss or profit.
Suzlon share price target 2024
As of 21 Feb 2024, the Suzlon Energy Ltd. stock is very consolidating at the same level from the last few weeks and there is no strong sign of bullish and bearish. But from the last few days the stock has been going down slowly so, it can be a great opportunity for the short-term trader.
There is a support at Rs. 33.90 and when the stock crosses it takes do retracement at the support then you can sell the stock for the short term. The retracement is a good price action that most traders and investors follow to make profits with very little risk.
Suzlon Share Price Target 2025
The Suzlon Energy stock has already given a massive profit in 2023 and 2024. So, expecting the same type of returns in 2025 can be very risky for anyone. There are very few chances of giving good returns in 2025 but anything can happen because it’s a penny stock and it is very volatile at the same time.
So, for retail investors, it is not recommended to build new positions at this level or higher level in the future. If you are already getting good profits in the stock then try to book some profits and keep the rest as holding.
As the stock has already given good profits there are very minimum chance of giving good returns in 2025. So, for 2025 there are no targets.
Suzlon Share Price Target 2026
In the Suzlon stock, there is a resistance of Rs. 50.60 (an all-time high), and the resistance can be very hard to break. But in case the stock breaks the resistance of Rs. 50.60 in the future then there is no doubt the stock is again going to give a massive return in 2025 too.
The conditions can also occur in 2025 so, keep the stock on your radar and keep tracking it regular basis.
As we mentioned above once the resistance is broken then you may see the target of Rs. 70 to Rs. 80 in 2026. Always keep in mind these types of stocks and the power sector stocks are very volatile. So, keep your risk management and money management rules in mind while investing or trading.
FAQs
All the targets for Suzlon stock for the upcoming years are mentioned above with charts and levels. Do not invest in any stock blindly before doing your research.
As of now, there is much resistance as you can see in the above-shared chart. As of now, the stock is moving up continuously. Once the new price auction is formed we will update its targets for the year 2025.
The Suzlon Energy Limited stock is trading at Rs. 44.75 but it has fallen from Rs. 422. As we mentioned above there are many negative points in the Suzlon fundamentals and it is also a penny stock. So, it is not recommended for those investors who are new or safe.
Final Words: The stock is moving upside down very quickly and there are many problems in the fundamentals which are ROE and ROCE are very poor, negative cash flow, EBITDA margin is also negative from the last 5 years, etc. You can also check this information on any stock broker website or app. The Suzlon share price target for 2024, 2025, and 2026 is mentioned above.