Suzlon Energy Ltd is a leading renewable energy company based in India, specializing in wind energy solutions. Founded in 1995, Suzlon has become one of the largest manufacturers of wind turbines in Asia. The company designs, develops, and installs wind energy projects across India and several countries around the world. Suzlon Share Price on NSE as of 21 December 2024 is 64.28Ìý±õ±·¸é. Here will provide you more details on Suzlon Share Price Target 2024, 2025, 2026 to 2030.
Suzlon Energy Ltd: Market Overview
- Open Price: ₹67.55
- High Price: ₹67.79
- Low Price: ₹63.95
- Previous Close: ₹67.05
- Volume: 55,042,543
- Value (Lacs): ₹35,390.95
- VWAP: ₹74.77
- UC Limit: ₹70.40
- LC Limit: ₹63.69
- P/E ratio: 90.87
- Div yield: N/A
- 52-wk high: ₹86.04
- 52-wk low: ₹35.50
- Mkt cap: ₹87,523°ä°ù
- Face Value: ₹2
Suzlon Energy Ltd Competitors
Here are five competitor companies of Suzlon Energy Ltd, along with their approximate market capitalizations (as of recent data):
- Gamesa Renewable Energy (Siemens Gamesa Renewable Energy)
- Market Capitalization: ~$10 billion
- Siemens Gamesa is a global leader in wind energy solutions, providing a range of products and services for onshore and offshore wind projects.
- Tata Power Company Ltd
- Market Capitalization: ~$10 billion
- Tata Power is involved in various energy sectors, including renewable energy, with significant investments in wind and solar power projects.
- Adani Green Energy Ltd
- Market Capitalization: ~$27 billion
- Adani Green focuses on renewable energy generation, including wind and solar, making it a significant competitor in the Indian renewable energy market.
- ReNew Power
- Market Capitalization: ~$12 billion
- ReNew Power is one of India’s largest renewable energy companies, with a strong focus on wind and solar power generation and a diverse portfolio.
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Orient Green Power Company Ltd
- Market Capitalization: ~$1 billion
- Orient Green Power focuses on renewable energy projects, including wind and biomass, competing in the Indian renewable energy space.
Suzlon Share Price Chart
Suzlon Share Price Target Tomorrow 2024 To 2030
Suzlon Share Price Target Years | Share Price Target |
2024 | ₹98 |
2025 | ₹123 |
2026 | ₹170 |
2027 | ₹217 |
2028 | ₹325 |
2029 | ₹443 |
2030 | ₹560 |
Suzlon Share Price Target 2024
Suzlon share price target 2024 Expected target could be ₹98. Here are three key factors that could affect the growth of Suzlon Energy Ltd’s share price target for 2024:
- Government Policies and Incentives for Renewable Energy: Favorable government policies and incentives aimed at promoting renewable energy in India will significantly impact Suzlon’s growth. Initiatives such as tax benefits, subsidies, and renewable energy targets can encourage investments and projects, driving demand for Suzlon’s wind energy solutions and positively influencing its share price.
- Technological Advancements and Cost Efficiency: Continuous improvements in wind turbine technology and increased cost efficiency are crucial for Suzlon’s competitive edge. By investing in research and development to enhance turbine performance and reduce operational costs, the company can improve its profitability and attract more customers, thereby supporting its share price growth in 2024.
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Global and Domestic Market Dynamics: The overall demand for renewable energy in both domestic and global markets will play a significant role in Suzlon’s growth. Factors such as increasing awareness of climate change, rising energy demands, and competition from other renewable sources will influence market conditions. A strong performance in these areas could lead to higher sales and a positive impact on the share price.
Suzlon Share Price Target 2025
Suzlon share price target 2025 Expected target could be ₹123. Here are three key factors that could affect the growth of Suzlon Energy Ltd’s share price target for 2025:
- Expansion of Renewable Energy Capacity: The ongoing expansion of India’s renewable energy capacity, particularly in wind energy, will be crucial for Suzlon’s growth. The company’s ability to secure new projects and increase its market share in both domestic and international markets will drive revenue growth and positively influence its share price by 2025.
- Partnerships and Collaborations: Strategic partnerships and collaborations with other companies, governments, and financial institutions can enhance Suzlon’s project execution capabilities and funding options. These alliances can lead to the development of larger and more complex projects, boosting the company’s revenue potential and supporting its share price growth.
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Adoption of Sustainable Practices: As the global shift toward sustainability accelerates, Suzlon’s commitment to environmentally friendly practices and technologies will be increasingly important. By focusing on sustainable energy solutions and aligning with global sustainability goals, Suzlon can enhance its brand reputation, attract more investors, and drive share price appreciation by 2025.
Suzlon Share Price Target 2030
Suzlon share price target 2030 Expected target could be ₹560. Here are three key factors that could affect the growth of Suzlon Energy Ltd’s share price target for 2030:
- Global Renewable Energy Transition: The worldwide transition towards renewable energy sources, driven by climate change concerns and government mandates, will significantly influence Suzlon’s growth. As countries commit to reducing carbon emissions, the demand for wind energy solutions is expected to rise, positioning Suzlon as a key player in this expanding market, which could positively impact its share price by 2030.
- Technological Innovations in Wind Energy: Continuous advancements in wind turbine technology, including larger and more efficient turbines, will enhance Suzlon’s competitiveness. The ability to leverage cutting-edge technology for better energy output and lower costs will attract more customers and investors, driving growth and supporting share price appreciation over the long term.
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Regulatory Environment and Incentives: The regulatory framework and government incentives for renewable energy projects will play a critical role in shaping Suzlon’s growth trajectory. Favorable policies, such as tax breaks and renewable energy mandates, can facilitate project development and financing, thereby increasing demand for Suzlon’s products and services, which would contribute to a higher share price by 2030.
Suzlon Energy Ltd Shareholding Pattern
- Promoters: 13.27%
- FII: 21.53%
- DII: 9.17%
- Public: 56.03
Suzlon Energy Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 64.97B | 9.25% |
Operating expense | 16.64B | 5.05% |
Net income | 6.60B | -76.82% |
Net profit margin | 10.16 | -78.79% |
Earnings per share | 0.54 | — |
EBITDA | 9.70B | 34.32% |
Effective tax rate | -0.13% | — |
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