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This Energy Share Will Cross ₹50, The Price Is Increasing Like Bullet Train, Big News

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Suzlon Energy Ltd (NSE – BE: SUZLON) share price: Today, in this post we’ll discuss about Suzlon Energy latest news, fundamentals, potential growth areas, and all sorts of information regarding this company to gain a better understanding. We hope our analysis will provide you better insight about the company.

The shares of Suzlon Energy, a company associated with the energy industry have been increasing like an explosion.

The previous week, Suzlon Energy shares rose like rockets. Today on April 2, the share was closed at Rs 42.45.

Income Tax Department has imposed the company

Suzlon Energy has suffered a major setback. The Income Tax Department has imposed the company with a fine of Rs 260.35 million on the business.

Based on the information provided by the company according to the information provided by the company, the penalty was issued through the National Faceless Assessment Center of the Income Tax Department for assessment years 2016-17 and 2017-18.

Suzlon Energy has opposed the fine. Suzlon Energy said the company is currently contesting the decision through the appeals/judicial platforms.

Brokerage Estimates

Brokerages are bullish about Suzlon Energy shares. The price target of Suzlon Energy stock will may be reach at Rs 48-50.

But, experts have advised investors to establish a stop loss of 35 Rs. We can inform you that the price of shares for the firm has risen by 57.90 percent over the past six months.

In just one year, Suzlon Energy shares have given a huge return in the amount of 471.61 percent to shareholders. The 52-week price range of Suzlon Energy shares on BSE is 50.72 between Rs 7.06.

In addition, a domestic broker has started coverage on Suzlon Energy and given it a ‘buy’ rating. This brokerage is setting its price of the target to Suzlon Energy at Rs 49.

Let us inform our readers that this company holds an average market share of 32 percent in the sector of wind turbines in India.

About Suzlon Energy Ltd

Suzlon Energy is a world-leading company in renewable energy solutions. produces products in the Wind Energy and solar energy sectors. 

Suzlon Energy is a renowned manufacturer of wind turbines and windmills. 

Suzlon Group is among the most renowned renewable energy solutions companies that are transforming and changing the ways renewable energy resources are utilized throughout the globe.

Suzlon’s vast array of strong and reliable products backed up by its state-of-the-art R&D and more than two decades of experience is designed to provide optimal efficiency, better yields, and the highest ROI for its customers. 

The sustainable development principle that drives Suzlon’s unique initiatives is to preserve the environment, improve communities, and drive sustainable growth. 

Fundamental Analysis of Suzlon Energy Ltd

Market Cap₹ 57,999 Cr.
Current Price₹ 42.45
52-wk High₹ 50.7
52-wk Low₹ 7.90
Stock P/E117
Book Value₹ 2.53
Dividend0.00 %
ROCE20.8 %
ROE
Face Value₹ 2.00
P/B Value17.0
OPM15.0 %
EPS₹ 0.53
Debt₹ 146 Cr.
Debt to Equity0.04

Suzlon Energy Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹ 52₹ 65
2025₹ 65₹ 75
2026₹ 90₹ 112
2027₹ 115₹ 125
2028₹ 131₹ 160
2029₹ 210₹ 250
2030₹ 260₹ 325
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Suzlon Energy Ltd Shareholding Pattern

Promoters Holding
Dec  202214.50%
Mar 202314.50%
June 202314.50%
Sept 202313.28%
Dec 202313.28%
FII Holding
Dec  20227.65%
Mar 20237.64%
June 20237.69%
Sept 202310.88%
Dec 202317.83%
DII Holding
Dec  20225.82%
Mar 20235.55%
June 20235.90%
Sept 20239.81%
Dec 20236.16%
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Govt. Holding
Dec  20220.00%
Mar 20230.00%
June 20230.02%
Sept 20230.02%
Dec 20230.00%
Public Holding
Dec  202272.02%
Mar 202372.30%
June 202371.78%
Sept 202365.99%
Dec 202362.74%

Suzlon Energy Ltd Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 5,025 Cr
2020₹ 2,973 Cr
2021₹ 3,346 Cr
2022₹ 6,582 Cr
2023₹ 6,027 Cr
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Last 5 Years’ Net Profit:

2019₹ -1,537 Cr
2020₹ -2,692 Cr
2021₹ 104 Cr
2022₹ -177 Cr
2023₹ 726 Cr

Last 5 Years’ Debt-To-Equity Ratio:

2019-1.13
2020-0.88
2021-1.23
2022-1.18
20231.73

Last 10 Years’ Profit Growth:

10 Years:7%
5 Years:17%
3 Years:27%
Current Year:893%

Last 10 years’ Return on Equity (ROE):

10 Years:
5 Years:
3 Years:
Last Year:

Last 10 Years’ Sales Growth:

10 Years:-11%
5 Years:-6%
3 Years:26%
Current Year:-11%

Conclusion

This article is a complete guide about Suzlon Energy Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses. 

Also, We have discussed the share’s prospects and growth potential in detail.

This information will help you in your further investment. 

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Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. We are here to provide timely updates about the stock market and financial products to help you make better investment choices.

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