Suzlon Energy Price | Prediction target 2023, 2024, 2025, 2026, 2027 ....
Hello friends,
Today, we are going to study about Suzlon Energy price prediction and its target for next 5 years i.e. 2023, 2024, 2025, 2026, 2027 ....... from its fundamental technical analysis.
1. About Suzlon Energy Company and its work :
Suzlon Energy is one of the world larget renewable wind energy solutions providers and from year 2016 it also enters in solar energy solution provider it means this company provide both wind and solar energy solution to their client or market. The company have presence in 17 countries. This company listed in NSE & BSE.
Presently, Suzlon Energy has getting better order book which will help the company to rise in future. Company also focused hard to reducing its debt which also help them to rise in future.
2. Fundamental of Suzlon Energy price :
👉 Market Capital : 11288.14 cr. (as on 13.02.2023.)
👉 Number of Shares : 1247.31 cr.
👉 P/E : 5.9
👉 P/B : 3.25
👉 Face value : Rs. 2
👉Div. Yield : 0%
👉Cash : 410.02 cr. (as on 13.02.2023)
👉Debt : 2035 cr. (as per Q3 presentation FY 2022-2023
👉 ROCE : -22.97%
👉 Suzlon Energy Income Statement :
QUARTER |
MAR 22 |
JUN 22 |
SEP 22 |
DEC 22 |
Total Revenue |
2478.73 |
3852.56 |
1442.58 |
1464.15 |
EBITDA |
220.88 |
2686.12 |
174.48 |
221.47 |
PBIT |
143.46 |
2627.49 |
111.59 |
163.87 |
PBT |
-32.97 |
2476.30 |
14.74 |
77.59 |
Net Income |
-191.69 |
2433.33 |
57.43 |
78.36 |
EPS |
-0.20 |
2.36 |
0.06 |
0.07 |
3. Suzlon Energy price all time chart :
suzlon energy price | Prediction target 2023, 2024, 2025, 2026, 2027 .... |
4. Scope of Renewable Energy in the World from now onwards :
In recent budget Government of India decided strong policy in renewable wind power sector i.e 8 GW p.a. wind projects bids to be invited till 2030. This policy will help wind industry gets a decisive growth plan and as we know suzlon energy is world leading company in wind energy renewable sector. Accordingly, suzlon energy will growth in furture years as per this policy.
India has 140 GW wind energy target by 2030. Accordingly, yearly installation of 12 GW of wind capacity required to reach the target of 140 GW by 2030. Suzlon energy will surely benefited in this target also which help company to grow in future.
Suzlon Energy already installed 19.7 GW wind energy capacity globally which indicates it leadership in globally.
Its also a factor that suzlon energy brings Rs. 1200 cr. right issued to reduce it debts and the company successfully over subscribed its right issued by 1.8 time and reduced its debt to 587 cr. approx.. resulting in less burden for paying of interest in debts. It help company to generate high returns and constant grown in future. We can clearly see in above income chart that suzlon energy after successful right issue already started to generate profitable quarter and it also indicate that profit increases quarter by quarter basis.
5. Key client of Suzlon among marquee customers globally :
👉 ACC
👉 Adani Renewables
👉 Adiya Birla Groups
👉 AGL
👉 APRAAVA
👉 Brookfield
👉 Black Rock
👉 Bajaj
👉 Clearway
👉 Enel
👉 Gail India
👉 Greenk
👉 Hero
👉 Hyatt
👉 ITC Ltd.
👉 Jindal Aluminium
👉 Leap Green Energy
👉 Mytrah
👉 ONGC
👉 Reliance Industries Ltd.
👉 Reliance
👉 ReNew Power
👉 SBI
👉 Sembcorp
👉 Serum Institute of India
👉 Shree Cement
👉 TATA
👉 Torrent Power
👉 TVS
👉 Vedanta
👉 And many more customers ......
6. Presently, Suzlon Energy price as on 13.02.2023 under the range of Rs. 9/- to Rs. 10/- and as per company strong fundamental and renewable energy future demands the price target of Suzlon Energy yearly wise target is below :-
👉 2022 - Rs. 8 to Rs. 9
👉 2023 - Rs. 15 to Rs. 17.
👉 2024 - Rs. 30 to Rs. 35.
👉 2025 - Rs. 60 to Rs. 65.
👉 2026 - Rs. 85 to Rs. 90.
👉 In Long term target 2030 - Rs. 140 to Rs. 160.
👉 In Long term target 2035 - Rs. 220 to Rs. 240.
👉 In Long term target 2040 - Rs. 360 to Rs. 380.
👉 In Long term target 2045 - Rs. 470 to Rs. 490.
👉 In Long term target 2045 - Rs. 610 to Rs. 620.
👉 In Long term target 2050 - Rs. 800 to Rs. 850.
Note :-
Friends, before investing in any stock or in suzlon energy do your own research on stock and its fundamental. It also inform you that suzlon energy is presently a penny stock which bring high risk.
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