Suzlon Energy Share Price, News, Price Target | NSE: SUZLON | FY 2024-25

Suzlon Energy:

Suzlon Energy stands as a global leader in renewable energy solutions, spearheading the transformation of sustainable energy harnessing worldwide. With a presence in 17 countries spanning Asia, Australia, Europe, Africa, and the Americas, Suzlon is committed to powering a greener tomorrow through its cutting-edge renewable energy systems. Established in 1995, Suzlon has installed over 20.5 GW of wind energy across six continents, making significant strides in reducing CO2 emissions. (Source)

Stock Fundamentals

Suzlon Energy Price Target and Price

The price target has been calculated as per 11% YoY growth of the Suzlon Energy CMP. Use below calculator to calculate the ROI of your investment value.

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Suzlon Energy News and Updates

1. Rating Upgrades: CRISIL upgraded Suzlon Energy’s ratings to ‘A-‘ with a Positive Outlook, reflecting the company’s strengthened financial position and operational excellence. (Source)
2. Brokerage Recommendations: Anand Rathi Securities initiated coverage on Suzlon Energy with a ‘Buy’ rating and set a target price of Rs 49, indicating a potential upside of 28%. This recommendation is based on the company’s dominant market position, growth prospects, and nearly debt-free status. (Source)
3. Market Performance: Suzlon Energy’s stock has shown solid returns in the past year, with impressive growth rates over various time frames, including multibagger returns over one year and substantial increases over three and six months. This performance reflects investor optimism and confidence in the company’s future prospects.
4. Industry Position and Potential: Suzlon Energy holds a 32% market share in India’s wind turbines market and is positioned to play a significant role as domestic wind capacity expands. With a strong presence in 17 countries and over 12,860 wind turbines installed globally, Suzlon is a pioneer in the field of wind energy.
5. Financial Health: Suzlon Energy has achieved net-cash status for the first time since FY06, indicating improved financial flexibility. The company’s debt-free status, along with improved margins in the WTG business and healthy cash flow generation from O&M services, enhances its financial stability. (Source)
6. Investor Confidence: Major institutional investors like Vanguard and IDBI Banks are among the company’s major shareholders, suggesting confidence in Suzlon Energy’s business prospects and potential for growth. (Trendlyne)
7. Enhanced Order Book: The addition of new orders from reputable clients like Juniper Green Energy Private Limited and EDF Renewables reflects positively on Suzlon’s reputation and Suzlon’s order book, providing increased revenue visibility and stability for the company. A robust order book can positively influence investor confidence and contribute to stock price appreciation. (Source)
8. Future Growth Potential: With SEBI’s approval for the conversion of partly paid-up equity shares into fully paid-up equity shares, Suzlon is poised for corporate actions that could further enhance shareholder value. Additionally, the company’s focus on strengthening its product portfolio and expanding its global presence bodes well for future growth.

Salient points of Suzlon Energy

1. Global Reach: Suzlon Energy operates in 17 countries, showcasing its international footprint and diversified revenue streams.
2. Innovative Solutions: The company is known for its innovative wind turbine technologies, constantly striving to improve efficiency and performance.
3. Government Support: With increasing focus on renewable energy globally, Suzlon stands to benefit from government incentives and policies promoting clean energy.
4. Sustainable Growth: Suzlon’s commitment to sustainability aligns with the global shift towards environmentally-friendly practices, positioning it as a key player in the transition to clean energy.
5. Experienced Leadership: With years of experience in the renewable energy sector, Suzlon Energy boasts a strong leadership team capable of navigating industry challenges and capitalizing on growth opportunities.
6. Robust Order Book: Suzlon’s strong order book provides revenue visibility and indicates sustained demand for its products and services in the coming years.
7. Technological Advancements: The company continues to invest in research and development to stay at the forefront of technological advancements in the wind energy sector.
8. Strategic Partnerships: Suzlon has established strategic partnerships with key stakeholders in the renewable energy ecosystem, enhancing its market position and growth prospects.
9. Financial Performance: Despite past challenges, Suzlon has shown resilience and improvement in its financial performance, reflecting its ability to adapt to changing market dynamics.
10. Industry Leadership: As a leading player in the wind energy industry, Suzlon Energy is well-positioned to capitalize on the growing demand for renewable energy solutions globally.

Share Holding Pattern for SUZLON Energy as of 31 Mar 2024

In summary, based on previous data and chart pattern Suzlon Energy presents a compelling investment opportunity, supported by positive rating upgrades, favorable brokerage recommendations, strong market performance, industry leadership, improved financial health, and investor confidence. These factors collectively indicate that Suzlon Energy may be a good stock. However, investors should conduct thorough research and consider their risk tolerance before making investment decisions.

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