Suzlon Share Price Target 2024, 2025, 2030, 2040, 2050
One of the most prominent names in renewable energy, and especially wind power, is Suzlon Energy Ltd. (NSE: SUZLON).
Suzlon is a household brand thanks to its 25 years in the business, a large portion of the Indian market, and its presence in more than 18 countries. After reviewing Suzlon market position, strengths, and shortcomings, this article will dive into the projected share price objectives from 2024 to 2050.
What is Suzlon Energy Ltd NSE: SUZLON?
Contents
- 1 What is Suzlon Energy Ltd NSE: SUZLON?
- 2 Suzlon Share Price Target 2024
- 3 Suzlon Share Price Target 2025
- 4 Suzlon Share Price Target 2030
- 5 Suzlon Share Price Target 2040
- 6 Share Price Target 2050
- 7 Should I Buy Suzlon Stock?
- 8 Suzlon Energy Ltd Earning Results
- 9 Expert Forecasts on the Future of Suzlon Energy Ltd.
- 10 Is Suzlon Stock Good to Buy? (Bull Case & Bear Case)
- 11 Conclusion
- 12 FAQs
Suzlon Energy Limited is an Indian firm that focuses on wind energy and manages wind power projects. Founded in 1995, it has grown to become the fourth largest wind energy firm in the world. The firm has made promoting sustainable energy solutions its primary focus ever since.
Company Name | Suzlon Energy Limited |
Market Cap | ₹ 68,170 Cr (As of June 2024) |
P/E Ratio (TTM) | 103.10 |
P/B Ratio | 17.49 |
Industry P/E | 87.23 |
Debt to Equity Ratio | 0.04 |
ROE | 16.84% |
EPS (TTM) | 0.49 |
Dividend Yield | 0.00% |
52 Week High | ₹ 53.05 |
52 Week Low | ₹ 13.25 |
Book Value | 2.89 |
Face Value | 2 |
Official Website | Suzlon Energy |
The goal price for 2024 is anticipated to be between ₹38.50 and ₹94, with an average of ₹62.08. The acceptance of new projects in India and elsewhere and the company growing power production capacity form the basis of this projection.
Year | Minimum Price | Maximum Price |
2024 | ₹38.50 | ₹94 |
Month (2024) | Minimum Target | Maximum Target |
January | Rs 38 | Rs 41 |
February | Rs 39.3 | Rs 50.56 |
March | Rs 40 | Rs 47.8 |
April | Rs 39 | Rs 42 |
May | Rs 44 | Rs 47 |
June | Rs 51 | Rs 54 |
July | Rs 58 | Rs 68 |
August | Rs 62 | Rs 82 |
September | Rs 68 | Rs 87 |
October | Rs 68 | Rs 89 |
November | Rs 71 | Rs 93 |
December | Rs 73 | Rs 94 |
The anticipated goal price for 2025 is ₹155, with an average fluctuation of ₹90 to ₹210. The main factors propelling this expansion are the rising interest in renewable energy sources, supportive governmental legislation, and Suzlon dedication to technological advancement.
Year | Minimum Price | Maximum Price |
2025 | ₹90 | ₹210 |
Month (2025) | Minimum Target | Maximum Target |
January | Rs 90 | Rs98 |
February | Rs 93 | Rs 99 |
March | Rs 97 | Rs 104 |
April | Rs 98 | Rs 112 |
May | Rs 99 | Rs 114 |
June | Rs 107 | Rs 125 |
July | Rs 110 | Rs 135 |
August | Rs 123 | Rs 147 |
September | Rs 127 | Rs 154 |
October | Rs 131 | Rs 179 |
November | Rs 143 | Rs 183 |
December | Rs 157 | Rs 210 |
The goal price for 2030, with an average of 620 rupees, is between 550 and 690. This substantial growth may be attributed to three main factors: the worldwide push for renewable energy, India aspirations in this area, and Suzlon ability to take advantage of these prospects.
Year | Minimum Price | Maximum Price |
2030 | ₹550 | ₹690 |
Month (2030) | Minimum Target | Maximum Target |
January | Rs 550 | Rs 570 |
February | Rs 559 | Rs 578 |
March | Rs 563 | Rs 585 |
April | Rs 591 | Rs 607 |
May | Rs 602 | Rs 607 |
June | Rs 604 | Rs 614 |
July | Rs 608 | Rs 618 |
August | Rs 615 | Rs 623 |
September | Rs 613 | Rs 628 |
October | Rs 635 | Rs 645 |
November | Rs 641 | Rs 661 |
December | Rs 660 | Rs 690 |
By 2040, analysts predict that the share price will hover around 1975 rupees, possibly from 1755 to 2350 rupees. The expanding renewable energy market, key alliances formed by Suzlon, and the company dedication to green energy have all contributed to its meteoric rise.
Year | Minimum Price | Maximum Price |
2040 | ₹1750 | ₹2350 |
The anticipated range for the share price in 2050 is ₹3800 to ₹43000, with an average of ₹4050. The rising worldwide demand for renewable energy and Suzlon robust expansion and dominant market position are driving this substantial rise.
Year | Minimum Price | Maximum Price |
2050 | ₹3800 | ₹4300 |
Should I Buy Suzlon Stock?
Suzlon Energy has shown significant improvement and expansion, especially within the last two years. Since 2021, the company profits per share (EPS) have increased substantially, signaling a notable improvement in profitability. Recent years have shown remarkable sales and profit growth rates for Suzlon, even if 2019 and 2020 present some obstacles.
The firm is expanding its wind power project portfolio in India and beyond, and it has a healthy order book. Future carbon fiber wind turbines developed by Suzlon Energy are anticipated to be more productive, produce more power, and cost less.
Suzlon Energy Ltd Earning Results
Suzlon Energy Limited is anticipated to pay off all of its obligations promptly. The business is now focusing on the most lucrative systems to pay off its debt. As a result, the company will be able to reduce its debt quickly while increasing its profits in the coming days.
Expert Forecasts on the Future of Suzlon Energy Ltd.
Year | Minimum Price | Maximum Price |
2024 | ₹38.50 | ₹94 |
2025 | ₹90 | ₹210 |
2030 | ₹550 | ₹690 |
2040 | ₹1750 | ₹2350 |
2050 | ₹3800 | ₹4300 |
Due to the company expanding position in wind power projects in India and internationally, as well as its robust order book, analysts feel that Suzlon Energy shares might see further improvements. With the Indian government efforts to cut coal consumption to minimize pollution, renewable energy is likely to see a surge in demand.
Is Suzlon Stock Good to Buy? (Bull Case & Bear Case)
Bull Case:
- The wind energy division of Suzlon Energy is one of the most prominent in the renewable energy industry. The company has a large portion of the Indian market and operates in over 18 countries.
- The company sales and earnings have grown remarkably in recent years, indicating a significant rebound and expansion.
- Government regulations encouraging renewable energy and the worldwide movement toward more sustainable energy sources will likely boost demand for this kind of power.
Bear Case:
- Shares of Suzlon Energy fell throughout 2019 and 2020 as the company struggled.
- To lower its heavy debt load, the corporation is now concentrating on its most lucrative initiatives.
- There are a lot of competitors in the renewable energy business, and Suzlon Energy is no exception.
Conclusion
One renewable energy investment possibility worth considering is Suzlon Energy Limited. An appealing alternative for investors seeking to profit from the expanding green energy industry, the firm has a solid market position, is dedicated to innovation, and the demand for renewable energy is always on the rise. But before putting their money into the firm, investors should consider the industry competition level and the company debt load.