By– Walton, Sep 23, 2024
One of the most prominent names in renewable energy, particularly wind power, is Suzlon Energy Ltd. (NSE: SUZLON). With over 25 years of experience, Suzlon has established itself as a leader in the Indian market and operates in more than 18 countries worldwide. This article provides a comprehensive analysis of Suzlon’s market position, strengths, challenges, and projected share price targets from 2024 to 2050.
“Discover Suzlon Energy Ltd.’s share price targets from 2024 to 2050, including detailed projections, market analysis, and growth prospects in the renewable energy sector. Learn if Suzlon stock is a good investment for the future.”
Key Points of the Article
- Suzlon’s market dominance in renewable energy and its global presence are key growth drivers.
- Projected share price targets reflect Suzlon’s commitment to technological advancements in wind energy.
- The Indian government’s support for renewable energy contributes to Suzlon’s optimistic growth outlook.
- Increasing global demand for sustainable energy solutions is expected to boost Suzlon’s stock performance.
- The company’s debt management and strategic alliances are crucial for its long-term financial stability.
What is Suzlon Energy Ltd (NSE: SUZLON)?
Suzlon Energy Limited is a leading Indian company specializing in wind energy and managing wind power projects. Founded in 1995, Suzlon has become the fourth-largest wind energy company globally. Its core mission is to promote sustainable energy solutions. The company has been instrumental in advancing renewable energy, especially wind power, across India and several international markets.
Read More: Titan (TITAN) Share Price Target
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 |
Suzlon Share Price Target 2024
For 2024, the expected share price target ranges between ₹38.50 and ₹94, with an average target of ₹62.08. This forecast is based on the company’s new project approvals in India and abroad and its increasing power generation capacity.
Year | Minimum Price | Maximum Price |
---|---|---|
2024 | ₹38.50 | ₹94 |
Month (2024) | Minimum Target | Maximum Target |
---|---|---|
January | ₹38 | ₹41 |
February | ₹39 | ₹50 |
March | ₹40 | ₹48 |
April | ₹39 | ₹42 |
May | ₹44 | ₹47 |
June | ₹51 | ₹54 |
July | ₹58 | ₹68 |
August | ₹62 | ₹82 |
September | ₹68 | ₹87 |
October | ₹68 | ₹89 |
November | ₹71 | ₹93 |
December | ₹73 | ₹94 |
Suzlon Share Price Target 2025
The anticipated share price target for 2025 ranges from ₹90 to ₹210, with an average of ₹155. Factors such as increased interest in renewable energy, supportive government policies, and Suzlon’s technological advancements are expected to drive this growth.
Year | Minimum Price | Maximum Price |
---|---|---|
2025 | ₹90 | ₹210 |
Month (2025) | Minimum Target | Maximum Target |
---|---|---|
January | ₹90 | ₹98 |
February | ₹93 | ₹99 |
March | ₹97 | ₹104 |
April | ₹98 | ₹112 |
May | ₹99 | ₹114 |
June | ₹107 | ₹125 |
July | ₹110 | ₹135 |
August | ₹123 | ₹147 |
September | ₹127 | ₹154 |
October | ₹131 | ₹179 |
November | ₹143 | ₹183 |
December | ₹157 | ₹210 |
Suzlon Share Price Target 2030
The share price target for 2030 is projected to range from ₹550 to ₹690, with an average price of ₹620. This significant increase can be attributed to the global shift towards renewable energy, India’s ambitious goals in this sector, and Suzlon’s ability to capitalize on these opportunities.
Year | Minimum Price | Maximum Price |
---|---|---|
2030 | ₹550 | ₹690 |
Month (2030) | Minimum Target | Maximum Target |
---|---|---|
January | ₹550 | ₹570 |
February | ₹559 | ₹578 |
March | ₹563 | ₹585 |
April | ₹591 | ₹607 |
May | ₹602 | ₹607 |
June | ₹604 | ₹614 |
July | ₹608 | ₹618 |
August | ₹615 | ₹623 |
September | ₹613 | ₹628 |
October | ₹635 | ₹645 |
November | ₹641 | ₹661 |
December | ₹660 | ₹690 |
Suzlon Share Price Target 2040
By 2040, the share price is expected to range from ₹1,750 to ₹2,350, with an average target of ₹1,975. This growth is likely due to the expansion of the renewable energy market, strategic partnerships formed by Suzlon, and the company’s dedication to green energy solutions.
Year | Minimum Price | Maximum Price |
---|---|---|
2040 | ₹1,750 | ₹2,350 |
Suzlon Share Price Target 2050
The projected share price target for 2050 is between ₹3,800 and ₹4,300, with an average of ₹4,050. This substantial increase is driven by the growing global demand for renewable energy and Suzlon’s robust expansion and strong market position.
Year | Minimum Price | Maximum Price |
---|---|---|
2050 | ₹3,800 | ₹4,300 |
Should I Buy Suzlon Stock?
Suzlon Energy has shown significant improvement and growth, especially in the past two years. Since 2021, the company’s earnings per share (EPS) have improved considerably, indicating better profitability. The company has a strong pipeline of projects in India and internationally, and it is focusing on advanced wind turbine technology to increase efficiency and reduce costs.
However, investors should be cautious about Suzlon’s high debt levels and competition in the renewable energy sector. Despite these challenges, Suzlon’s strong market position and growth potential in the renewable energy sector make it an attractive investment opportunity for long-term investors.
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 | ₹1,750 | ₹2,350 |
2050 | ₹3,800 | ₹4,300 |
Analysts believe that Suzlon Energy shares could see further appreciation due to the company’s expanding portfolio of wind power projects in India and globally, coupled with a robust order book. The increasing focus on reducing coal consumption and promoting renewable energy in India could also play a significant role in boosting Suzlon’s stock performance in the coming years.
Is Suzlon Stock Good to Buy? (Bull Case & Bear Case)
Bull Case:
- Suzlon Energy is a leader in the renewable energy sector with a strong presence in the Indian market and operations in over 18 countries.
- The company has shown significant growth in sales and profits, indicating a strong recovery and expansion phase.
- Government policies supporting renewable energy and global demand for sustainable energy sources are likely to drive future growth.
Bear Case:
- Suzlon faced financial challenges in 2019 and 2020, impacting its share price.
- The company is working on reducing its debt burden by focusing on profitable projects, which could take time to reflect in share prices.
- Increasing competition in the renewable energy sector could pressure Suzlon’s market share.
FAQs on Suzlon Share Price Target
Q1: What is Suzlon’s share price target for 2024?
A1: The share price target for 2024 is expected to range between ₹38.50 and ₹94.
Q2: What is Suzlon’s share price target for 2025?
A2: The projected target for 2025 is between ₹90 and ₹210.
Q3: What is Suzlon’s share price target for 2030?
A3: By 2030, the target is expected to be between ₹550 and ₹690.
Q4: What are the factors affecting Suzlon’s share price?
A4: Factors include government policies on renewable energy, Suzlon’s project pipeline, financial health, and global energy trends.
Q5: Is Suzlon stock a good investment?
A5: Suzlon stock can be a good investment for long-term investors, considering its strong market position and growth potential in the renewable energy sector. However, investors should be mindful of its financial health and competitive landscape.
Conclusion
Suzlon Energy Ltd. remains a key player in the global renewable energy market, with significant growth potential driven by the rising demand for sustainable energy solutions. While the company has faced financial challenges in the past, its current focus on profitability and technological advancements positions it well for future success.
With the projected share price targets outlined in this article, investors can make informed decisions based on Suzlon’s growth prospects and the overall market conditions. As always, thorough research and a clear understanding of market dynamics are crucial before making investment decisions.
Disclaimer: This is just an estimate that the share target of TITAN can be this much. If you want to invest then talk to an advisor and then invest. News.Homedecore24.com will not take any responsibility if your money is lost. Please invest money at your own risk.