Suzlon Energy share price target (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030) | Suzlon Energy Fundamentals, Businesses, Future Plans and more
Do you want to know analysis of Suzlon Energy and want to know Suzlon Energy share price target, then you have come to the right place.
In this article we are going to know the the Suzlon Energy company and about it’s share. As we know, this is now a penny stocks but few years ago it used to be a very good stock. We will also know how long it will take for this stock to grow well. So stay till the end of this article so that you can know the stock very well.
Hey friends, i am Sachin a finance enthusiast and the author of this website. So, basically our main aim is to give the best analysis of this Suzlon Energy company. So that you can decide by yourself whether to invest in it or not.
First of all we will know about Suzlon in which we will know about its fundamentals, financial trends and its businesses. And after that we will try to make Suzlon Energy share price target by reading charts and technical analysis. So let’s have a look about Suzlon Energy Limited Company.
In short, the share price target of Suzlon Energy for the year 2023, 2024, 2025 and 2030 will be ₹16, ₹24, ₹38 and ₹160 respectively. This is all the predicted price, IOC share price target can be more or less than what has been told. For more information read this full article.
Table of Contents
ToggleAbout Suzlon Energy
Suzlon Energy is a small cap stock providing renewable energy having a presence in 17 countries. This company was formed in 1995 in Pune, Maharashtra. This company comes in India’s number 1 renewable energy sector with an installed capacity of 19,560+ MW. Suzlon Energy has more than 1900 customers which is fine and it has given employment to more than 5,500 people.
Suzlon Energy is a manufacturer and producer of wind turbines. A range of solar energy solutions offered by this company such as solar radiation assessment, infrastructure and power evacuation, land acquisition and approvals, installation and commissioning and life cycle asset management, supply chain. Suzlon Energy products include the S111, S120, S128 and Classic Feet.
Also Read – Wipro Share Price Target
Suzlon Energy Shareholding Pattern
Shareholding pattern is on of the very important metric to analyze any stock. So now let’s talk about the Suzlon Energy Shareholding Pattern.
- Promoters have 14.50% of Shareholding
- Retail and others have 70.21% of Shareholding
- Foreign Institutional Investors (FIIs) have 7.05% of Shareholding
- Domestic Institutional Investors (DIIs) have 8.17% of Shareholding
- And Mutual Funds hold 0.07% of Wipro share.
Financial Trends of Suzlon Energy
If we talk about the Revenue and Profit of Suzlon Energy Company then –
Its revenue in 2019 has been ₹ 5,025 Cr and profit is ₹ -1,527 Cr. There was a revenue of ₹ 2,973 Cr in 2020 and a profit of ₹ -2,642 Cr. In the same 2021, there was a profit of ₹ 104 crore with a revenue of ₹ 3,346 Cr. And this year i.e. in 2022 there has been a higest profit of ₹ -200 Cr with a revenue of ₹ 6,582 Cr.
Pros and Cons of Suzlon Energy
Pros
- In 2019, this company had a debt of 14000, but by 2022, it has reduced the debt to 3200 crores.
Cons
- Book value of Suzlon is -0.25 which is not considered good.
- The promoters have a shareholding of 14.50% which is very less.
- Its net worth is negative so far, if seen in 2022, the net worth of this company is -3536.
Suzlon Energy share price target 2023, 2024, 2025, 2030, 2040 Table
Year | Suzlon Energy Share Price Target |
---|---|
2023 | ₹14 – ₹16 |
2024 | ₹22 – ₹24 |
2025 | ₹34 – ₹38 |
2026 | ₹47 – ₹52 |
2027 | ₹65 – ₹70 |
2028 | ₹86 – ₹94 |
2029 | ₹109 – ₹117 |
2030 | ₹139 – ₹160 |
2040 | ₹290 – ₹320 |
Suzlon Energy share price target 2023
Suzlon Energy has given 17% returns in the last one year. And due to the new decision of the management, the stock is seeing a rise. If this trend continues then we can see Suzlon Energy share price target 2023 of INR 14 and another target of INR 16. At present, the financial of the company is not good, so investing in this stock becomes a bit risky.
Suzlon Energy share price target 2024
The fundamentals of this company are not so good. But as of now the P/E Ratio (5.43) of this stock is very low and also EPS (1.91) is quite less which is not considered good for any stocks. If we talk about its book value, then its book value (-0.22) is negative. That is, this stock is currently in bad condition i.e. it become difficult to predict Suzlon Energy Price. But seeing its future plans the Suzlon Energy share price target 2024, can be INR 22 and second target will be INR 24.
Also Read – Lloyd Steel Share Price Target
Suzlon Energy share price target 2025
The company is very worried about its debt and is trying to reduce it as soon as possible. Because more than profit the company has to pay the interest of its debt due to which it has to face loss. Although Suzlon Energy has reduced its debt from 14,000 crores to 3201 crore, due to this, the company got a lot of relief and is planning to further reduce its debt. Considering these, the first and second Suzlon Energy share price target 2025 can be INR 34 and INR 38 respectively.
Suzlon Energy share price target 2030
Talking about the long term, Suzlon Energy can show good growth. Renewable energy sector may boom in the coming years because the government also wants to grow the renewable sector. But there is some risk in the sector in which the company is working.
Basically the business of the Suzlon is to set up wind turbines, which requires a heavy amount. And it has been seen not once but four times that whenever the Suzlon Energy wants to expand by taking a loan, some or the other problem has definitely come. That’s why right now the aim of this company is to expand its business.
Taking this into account, Suzlon Energy share price target 2030 can be INR 139 and if the company hits this target then we will get to see second target of INR 160. By the way, only time will tell how sustainable this company is in the long term, so keep your eye on this stock.
Suzlon Energy Share Price Target 2040
In long run, it is being predicted that the stock can give multibagger returns. According to our forecast, Suzlon Energy Share Price Target 2040 can be INR 290 and second target price can be INR 320.
For more details about the share of Suzlon Energy, watch this video –
Conclusion
So friends, if you are investing in shares only after seeing the share price target of Suzlon Energy, then do not do this. Because there are many reasons behind the rise and fall of the share price.
I hope you enjoy knowing the Suzlon Energy share price target. If you want any more information or want to ask something regarding this then you can ask by commenting. We will try our best to reply to you. And please share this article if possible.
FAQs
What will be the share price of Suzlon Energy after 5 years?
According to our analysis, price of Suzlon Energy after 5 years will be INR 65 – INR 75 in 2027. This is the expected price range, share price of the Suzlon Energy can be more or less than the predicted one.
Is Suzlon Energy a debt free company?
No, Suzlon Energy is not a debt free company. Currently this company has a debt of ₹3,201 crore.
Also Read –