Suzlon Share Price Target: Suzlon Energy Limited was founded in 1995 by Tulsi Tanti. The company specializes in the production of wind turbines and is a major player in the global renewable energy market. Looking at the current price target of Suzlon stock, a question arises in the minds of many investors whether this stock will become a multi-bagger stock or whether this stock will provide double, triple, or five times the profit. If you are also looking for the answer to this question, then you are at the right place. In this article, we will provide information about Suzlon’s short-term, mid-term, and long-term forecast and share price target, in which we will understand in detail the share price targets of Suzlon in 2024, 2025, 2026, 2027, and 2030.
About Suzlon Energy Limited
Suzlon Energy Limited was founded in 1995 and manufactures wind turbine generators and related products. The company provides renewable energy solutions and is engaged in the business of manufacturing, project execution, operation, maintenance, and sale of wind turbine generators and related products. The company has installed 20+ gigawatts (GW) of wind power and 111+ wind farms with a capacity of 13,880 MW across 18 countries. The company’s customer portfolio includes power utilities and power producers from both private and public sectors.
Talking about the last 1 year, this stock has performed very well in the market, and experts believe that this stock can make good money for investors in the next few months and years like 2025, 2026, 2027 and 2030.
Suzlon Share Price Trend
Suzlon share price today -> ₹78.78
Suzlon share price history: If we look at the history of this stock, it was listed on NSE on 19 October 2005 at a price of Rs 117.15, and on 9 January 2008 it reached its highest level of ₹ 422.00. However, after that, there was a tremendous decline in the stock, due to which its price fell from ₹ 422.00 to ₹ 30 in just 1 year.
Talking about the last year, this stock has given investors a profit of more than 260%. This means that if you had bought Suzlon shares worth ₹ 1 lakh 1 year ago, then in July 2024 its value would have been ₹ 3.60 lakh.
| Duration | Value |
|---|---|
| 1 Year | 260.55% |
| 6 Months | 75.46% |
| 1 Month | 36.23% |
Talking about the short term, the stock price has seen a correction after February due to which it fell by 25%. The good thing is that the stock has again taken the upward path by taking support at 36.25. If you want to know what will happen next in Suzlon Energy stock, then let’s take a look at the upcoming targets for this year which have been derived by studying the technical charts.
Suzlon Share Price Target 2024
| First target | ₹65.35 |
| Second target | ₹75.30 |
| Third target | ₹85.90 |
Suzlon Share Price Target 2025
| First target | ₹92.30 |
| Second target | ₹99.95 |
| Third target | ₹113.55 |
Suzlon Share Price Target 2026
| First target | ₹120.80 |
| Second target | ₹133.15 |
| Third target | ₹143.35 |
Suzlon Share Price Target 2027
| First target | ₹161.65 |
| Second target | ₹175.16 |
| Third target | ₹201.66 |
Suzlon Share Price Target 2030
| First target | ₹360.00 |
| Second target | ₹396.45 |
| Third target | ₹421.80 |
Note: These forecasts and targets are based on technical analysis, past performance, and machine learning models and are provided for educational purposes only and not as investment advice from us.
Suzlon Financial Results
If we look at the financial results of Suzlon, the company’s sales in the March 2024 quarter were Rs 2196 crore and the net profit (Profit After Tax) was Rs 254 crore.
| Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 2196 | 1560 | 1421 | 1351 | 1694 | 1458 | 1438 | 1381 | 2474 |
| Expenses | 1839 | 1313 | 1196 | 1152 | 1461 | 1243 | 1268 | 1166 | 2258 |
| Operating Profit | 357 | 248 | 225 | 199 | 233 | 215 | 170 | 214 | 217 |
| Profit After Tax | 254 | 203 | 102 | 101 | 320 | 78 | 56 | 2433 | -206 |
Talking about the company’s future, Suzlon’s growth projections look good. This is due to its strategic initiatives and expanded projects. However, the company will face challenges such as changing regulations and market competition. Suzlon’s strategic plans, including technological advancement and market expansion, are critical to its future success.
Suzlon Share Latest News
👉 News Date (23 July, 2024): Suzlon Energy’s revenue from operations grew 50% to Rs 2016 crore for Q1 2025 ended June 30, 2024. The company’s Q1 net profit grew 200 percent to Rs 302 crore from Rs 101 crore in the same quarter last year.
👉 News Date (4 July, 2024): Good news is coming for Suzlon investors. A major competitor of Suzlon, Siemens Gamesa, is thinking of exiting India. This will benefit Suzlon greatly as now the company can focus on quality orders and increase its share in India’s wind turbine market and can also consider adding new customers in operations and maintenance services. Recently the company has also improved its balance sheet.
Suzlon Share Price Target FAQs
What is the market cap of Suzlon Energy?
The market cap of Suzlon is Rs 106,564 crore.
What is the Promoter holding in Suzlon?
The promoter’s stake in Suzlon is 13.28% which is a matter of concern. However, the stake of FIIs in the company has increased from 10.88% to 17.83% in the December 2023 quarter.
Who is the owner of Suzlon?
The owner of Suzlon is Tulsi Tanti.
What are the future growth prospects in the renewable energy sector?
Renewable energy companies are one of the most popular investment options in the stock market, as investors’ interest in this sector is increasing due to the government’s emphasis on promoting green energy. The government has set a target of generating 500 gigawatts of renewable energy by 2030 and the market is positive about the industry’s plans to achieve this.
Its like you read my mind You appear to know so much about this like you wrote the book in it or something I think that you can do with a few pics to drive the message home a little bit but other than that this is fantastic blog A great read Ill certainly be back