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Suzlon Energy Ltd is a trailblazer in India’s renewable energy sector, specializing in wind energy solutions. Established in 1995, the company has emerged as one of Asia’s leading wind turbine manufacturers. Suzlon’s expertise spans the design, development, and installation of wind energy projects, not only in India but also across the globe.
As of 16 October 2024, Suzlon’s share price on the National Stock Exchange (NSE) stands at ₹74.94. Below, we dive into Suzlon’s market performance, financials, and share price predictions through 2030, offering valuable insights for investors.
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Suzlon Energy Ltd: Market Overview
Open Price: ₹73.71
High Price: ₹75.65
Low Price: ₹73.52
Previous Close: ₹73.71
Volume: 47,156,496
Value (Lacs): ₹35,390.95
VWAP: ₹74.77
Upper Circuit Limit: ₹81.08
Lower Circuit Limit: ₹66.33
P/E Ratio: 117.57
52-Week High: ₹86.04
52-Week Low: ₹27.05
Market Cap: ₹1.02 Lakh Crore
Face Value: ₹2
Suzlon Energy Ltd Competitors:
In the renewable energy market, Suzlon faces stiff competition from both Indian and global players. Below are some key competitors and their market capitalizations:
Siemens Gamesa Renewable Energy
Tata Power Company Ltd
Adani Green Energy Ltd
ReNew Power
Orient Green Power Company Ltd
Suzlon Share Price Target: 2024 to 2040
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2024: ₹98
2025: ₹123
2026: ₹170
2027: ₹217
2028: ₹325
2029: ₹443
2030: ₹560
2040: ₹1,200
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Suzlon Share Price Target 2024
The projected Suzlon share price target for 2025 is ₹98. Key factors influencing this growth include:
Favorable Government Policies:Supportive initiatives, including tax breaks and subsidies, will boost renewable energy adoption in India.Technological Advancements:Suzlon’s focus on improving wind turbine efficiency and cost-effectiveness will enhance its competitive edge.Market Dynamics:Increased global and domestic demand for renewable energy positions Suzlon to capitalize on emerging opportunities.
Suzlon Share Price Target 2025
Suzlon’s share price target for 2025 is estimated at ₹123, driven by:
Expansion in Renewable Energy Capacity:India’s aggressive push for renewable energy capacity expansion will favor Suzlon’s growth.Strategic Partnerships:Collaborations with industry leaders and governments will help Suzlon secure more projects and funding.Sustainability Initiatives:Suzlon’s alignment with global sustainability goals enhances its reputation and investor confidence.
Suzlon Share Price Target 2030
By 2030, Suzlon’s share price is expected to reach ₹560. Factors contributing to this growth include:
Global Renewable Energy Transition:Rising climate concerns and renewable energy mandates will drive wind energy demand, benefiting Suzlon.Technological Innovations:Advanced wind turbine technology will position Suzlon as a leader in efficiency and cost reduction.Regulatory Incentives:Favorable government policies and incentives will facilitate project development and drive share price appreciation.
Suzlon Share Price Target 2040
The projected Suzlon share price target for 2040 is ₹1,200. Key factors expected to drive this long-term growth include:
Global Energy Transformation
The world’s continued shift toward renewable energy will create immense demand for wind energy solutions. Suzlon, with its established expertise, is well-positioned to play a pivotal role in this transformation.
Advanced Wind Technology Integration
By 2040, significant advancements in wind turbine technology, including enhanced durability, larger turbine capacities, and AI-driven operational efficiency, will boost Suzlon’s productivity and market share.
Strategic Diversification
Suzlon’s diversification into complementary renewable energy sectors, such as hybrid wind-solar projects and energy storage solutions, is expected to expand its revenue streams and attract new investors.
Long-Term Sustainability Goals
Global commitments to achieve net-zero emissions by 2050 will drive massive investments in wind energy, providing Suzlon with opportunities for exponential growth.
Emerging Markets Expansion
Suzlon’s entry into new markets across Asia, Africa, and South America will bolster its global presence, further strengthening its share price potential by 2040.
Suzlon Energy Ltd Financials (2024)
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Revenue: ₹64.97B (Y/Y Change: 9.25%)
Operating Expense: ₹16.64B (Y/Y Change: 5.05%)
Net Income: ₹6.60B (Y/Y Change: -76.82%)
Net Profit Margin: 10.16% (Y/Y Change: -78.79%)
Earnings Per Share (EPS): ₹0.54 (Y/Y Change: —)
EBITDA: ₹9.70B (Y/Y Change: 34.32%)
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Suzlon Energy Shareholding Pattern
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Promoters – 13.27%
FII – 21.53%
DII – 9.17%
Public – 56.03%
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Suzlon Energy Ltd stands at the forefront of India’s renewable energy revolution. With its strong market position, innovative approach, and favorable government policies, Suzlon is well-poised for substantial growth in the coming years.