Hello, my fellow investors! I hope everything is good with you. Today I will tell you about the Suzlon Energy Share Price Target 2024, 2025, 2026, and 2030 . This essay will provide a comprehensive examination of the company.
In today’s world, the stock market has become an excellent means to make money. Because of the high level of risk, the stock market can make you rich as well as destitute. A person will not be able to make money unless he buys in a reputable stock.
To make money from the stock market, you must first select a decent stock. Which is significantly more difficult. But the share price I’m about to tell you about is extremely good.
So, without further ado, let us discover Suzlon Energy Share Price Target 2024, 2025, 2026, 2030, but before, I will provide you with facts about this firm so that you have no doubts. You also learn about Wipro Share Price Target.
About Suzlon Energy
Suzlon Company Limited operates in the global wind energy market. It ranks fourth in Asia and ninth worldwide in the production of wind turbines.
Suzlon Company Limited operates in the global wind energy market. It ranks fourth in Asia and ninth worldwide in the production of wind turbines. It is a well-known corporation in its area that has been in operation for a long time.
| Category | Information |
|---|---|
| Company name | Suzlon Energy Limited |
| Industry | Renewable energy |
| Headquarters | Pune, India |
| Founded | 1995 |
| CEO | Girish R. Tanti |
| Website | Suzlon Energy website: https://www.suzlon.com/ |
| NSE symbol | SUZLON |
| BSE symbol | 531976 |
| Current share price (as of 2023-10-10 10:45 IST) | ₹1.81 |
| 52-week high | ₹19.45 |
| 52-week low | ₹1.10 |
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The nicest part about it is that it covers all aspects of wind energy from inception to finish. Suzlon Energy is a worldwide corporation with its headquarters in Pune, India. It was founded in 1995.
Financial Performance
| Parameter | FY2022-23 | FY2021-22 |
|---|---|---|
| Revenue | Rs 5,990 crore | Rs 4,567 crore |
| Profit after tax | Rs 2849 crore | Rs 1,296 crore |
| Debt-to-equity ratio | 2.2 | 2.6 |
This company was once the largest Renewable Energy Company in the country. Let us learn about it through the table, and then we will be able to anticipate its future.
Suzlon Energy Share Price Target 2023
Suzlon Energy has been continuously strong in recent years, with quarterly sales and profits increasing. The company is seen consistently improving its earnings by significantly cutting its expenses, as a result of which experts fully expect positive growth in the company’s shares in a short time.
Keeping all of this in mind, analysts believe Suzlon Energy will provide good returns in the next years. Its business is far better than it was previously, and it has made numerous advances.
The company has also been observed working on new small and large initiatives in its field; if it continues to work in this fashion, it will undoubtedly provide significant returns to its investors. In terms of 2023, there are also expectations for it in 2023. Suzlon Energy Share Price Target in 2023 could range between Rs 25 and Rs 30. Its price is now hovering around this level.
Suzlon Energy Share Price Target 2024
Suzlon Energy appears to be one of India’s biggest businesses when it comes to wind energy, as the company alone holds around 33 percent of the industry. The organization is constantly working to increase its capacity for producing power in light of the rising demand for sustainable energy.
Additionally, Suzlon Energy is constantly improving its wind turbine in order to increase the capacity of its electricity output. You will observe a growth in the company’s market share as it is observed to enhance its power production capacity in various methods. According to some analysts, the company’s financial figures may also demonstrate strong performance.
Additionally, it is estimated that the corporation holds a 33 percent market share. In light of the rising need for sustainable energy, the corporation is growing its capacity for producing power. The company’s market share will likewise be perceived to grow as it does.
Suzlon Energy Share Price Target, along with the expansion of the business’s market share, can generate profitable returns by 2024. Its first and second goals in 2024 might be Rs 32 and Rs 38, respectively.
Suzlon Energy Share Price Target 2025
Suzlon is continuously paying a lot of attention to R&D (Research & Development) to improve its products. The company has made a lot of innovation and development in wind turbine.
Due to which this company is seen increasing the energy production capacity of wind turbine. Not only this but the company is working very fast on the next generation new turbine model of carbon fiber.
Looking at the improvements taking place in its business, we can say that it can give us very good returns in 2025 also. In 2025, its first target may be Rs 40 and the second target may be Rs 50.
Suzlon Energy Share Price Target 2026
Suzlon Energy Limited is seen reducing all its debts as soon as possible. To reduce its debt, the company is currently working only on those projects which have the highest profit margin.
With this, the company will be seen increasing its profits as well as reducing its debt at a very fast pace in the coming days. Due to this, the company’s business is showing rapid growth. Apart from this, the government is also taking steps to promote companies related to renewable energy sector.
It is continuously providing more and more assistance under new schemes. Suzlon Energy Limited and similar companies can maximize their advantages through government schemes for future growth..
By 2026, if the government finds a way that will benefit the company significantly, then investors can get good returns in 2026. In 2026, its first target can be Rs 60 and the second target can be Rs 75.
Suzlon Energy Share Price Target 2030
Now comes the turn of 2030. This year is for those who are looking for a company for long term investment. If you are also thinking of investing your money in a company for a long time, then you can think about Suzlon.
This company is good. By investing in this, you have a lower risk of loss and the company will profit from the increasing demand for Green Energy..
In view of the increasing demand for things related to this sector, the management of Suzlon is making its products accordingly, so that the customers can get the right product. This will definitely lead to growth of the company and investors will also get good returns.
As far as Suzlon Energy Share Price Target 2030 is concerned , its first target in 2030 can be Rs 180 and the second target can be Rs 220. It may be more than this or may be less, it completely depends on the company.
Suzlon Energy Share Price Target 2023 – 2030
| Year | Target 1 | Target 2 |
| 2023 | ₹25 | ₹30 |
| 2024 | ₹32 | ₹38 |
| 2025 | ₹40 | ₹50 |
| 2026 | ₹60 | ₹75 |
| 2030 | ₹180 | ₹220 |
Future of Suzlon Energy Share
Keeping the future opportunities in mind, Suzlon Energy is seen setting up Wind Turbines at many new locations to expand its business in the coming days, due to which the production capacity of the company will increase. You will definitely see benefits from this in business.
The government is also seen announcing many relief packages from time to time to promote the Green Energy sector, due to which there are signs of good growth in the business of Suzlon Energy in the future. If the company does well in capitalizing on this opportunity, the share price will rise..
uzlon Energy in Rishq
The main risk for Suzlon Energy is the increasing competition and investment in the sector..
Due to which Suzlon Energy may face a lot of difficulties in expanding its business as it has very little money to invest. The company has faced financial crisis many times due to its debt.
And at that time this company was almost bankrupt, but the banks gave another chance to Suzlon company to bring its business back on track. If the company is not able to perform well in the coming times and is not able to repay its debt, then its stock will definitely see a one-sided decline.
Invest in Suzlon Energy or not
Keeping the future demand in mind, Suzlon Energy is seen making many new plans to expand its business in the future, due to which the company has already started earning good profits. .
The government is offering various relief packages to boost the Green Energy Sector, which is good news for Suzlon Energy..
If the company is successful in capturing this growing opportunity in the future, then its share price may see a good rise.
FAQ’s
What is the target price of Suzlon in 2025?
Analysts predict Suzlon’s share price to range between ₹56 and ₹69 in 2025.
What is the target price of Suzlon?
Yes, you can buy Suzlon shares. However, consider expert opinions and the company’s financial performance before making a decision.
Which stock will boom in 2024?
Some stocks expected to perform well in 2024 include Visa, Adobe, Datadog, Sociedad Quimica y Minera de Chile (SQM), Fiverr International, Taiwan Semiconductor, and Nvidia.