Suzlon Energy Limited is a leading player in the wind energy industry, providing innovative solutions to customers worldwide. With the growth in demand for clean energy, many investors closely monitor Suzlon Energy’s potential as a long-term investment. In this blog post, we’ll be examining the Suzlon Energy share price target for 2023 to 2030 and the factors that may impact its future.
The company has a strong presence in the wind energy sector with its expertise and cost-effective solutions. Suzlon Energy’s commitment to sustainability makes it an attractive investment option for many. In this post, we’ll explore the key factors that could impact the company’s share price.
About Suzlon Energy
Suzlon Energy Limited is an Indian renewable energy company specialising in wind energy solutions. It was founded in 1995 and is headquartered in Pune, India. Suzlon Energy Limited is one of the largest wind turbine manufacturers, and it has installed over 12,440 wind turbines across six continents.
Suzlon offers a range of wind energy solutions, including wind turbine design, manufacturing, installation, and maintenance. Its wind turbines are known for their innovation, competitiveness, reliability, and sustainability. The company has a proven track record of maximising return on investments for its customers. Its expertise in the wind energy sector gives it a competitive advantage in the market.
In recent years, Suzlon has expanded its operations globally and has established partnerships with several leading companies in the renewable energy sector. The company is committed to promoting sustainable energy solutions and reducing its environmental impact.
Fundamentals of Suzlon Energy
Fundamental analysis is essential in investment decision-making as it helps evaluate a company’s financial health and future growth potential. By analysing the fundamental aspects of Suzlon Energy, we gain valuable insight into its performance and ability to thrive in the competitive sector. And This will also help us to forecast Suzlon share price or Suzlon energy future.
This data was taken on February 13, 2023.
- The Stock P/E ratio is 5.93
- Current Market Price ₹ 9.10
- Earnings Per Share ₹ 1.94
- Sales Growth 3 years 16.68%
- Profit Growth 3 years 23.35%
Based on its financial reports, it is clear that the company has several strengths, which are as follows:
- Good revenue growth: Suzlon Energy has shown revenue growth of 16.68% over the past three years.
- Efficient cash conversion cycle: Suzlon Energy has an efficient cash conversion cycle of -49.10 days.
However, a closer examination of the company’s fundamentals reveals some weaknesses, which are as follows:
- Poor Return on Equity (ROE): Suzlon Energy has 0% ROE over the past three years.
- High Promoter Pledging: Promoter Pledging has increased from 14.51% to 80.77% in one quarter.
- Poor Return on Capital Employed (ROCE): Suzlon Energy has a poor ROCE of -95.10% over the past three years.
- Negative Cash Flow from Operations: The company has a negative cash flow of -74.46.
- Low EBITDA Margin: Suzlon Energy has a low EBITDA margin of -49.26% over the past five years.
- Negative Book Value: The company has a negative book value.
- High Enterprise Value to EBITDA (EV/EBITDA) ratio: Currently, the company is trading at a high EV/EBITDA ratio of 76.19.
- High Promoter Pledging: Promoter Pledging remains high at 80.77%.
Disclaimer: The information provided is for educational purposes only and is not intended as financial advice. It is crucial to conduct thorough research and consult a financial expert before making investment decisions.
Technical Analysis of Suzlon Energy
Suzlon Energy’s shares were listed in 2005 and reached a high of 422.10 in 2008. However, since then, the share price has experienced a steady decline, resulting in the company’s current status as a penny stock.
However, a closer look at the weekly time frame shows that the company’s share price has been trending since its low of 1.55 ₹ in 2020. Over the past two years, the share price has delivered an impressive return of over 660%, which is a significant increase.
|Year||Suzlon Energy share price target (₹)|
We can see both weekly and monthly time frames to predict the Suzlon Energy Share Price Target for 2023. The results indicate that the expected Suzlon Energy Share Price Target for 2023 is 13 to 15.
Suzlon Share Price Target for 2025 is 23.
Suzlon Energy Share Price Target for 2030 is 60 to 65.
- ICICI Bank Share Price Target for 2023, 2025 to 2030
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Disclaimer: The information provided is for educational purposes only and should not be taken as investment advice. I cannot be held responsible for any profit or loss. It is highly recommended to conduct your research and consider all factors before making any investment decisions in the stock market. The information in this post may be subject to inaccuracies and errors and is subject to change.