Suzlon Energy Share  Prediction 2023 : Suzlon Energy Limited is currently trading at around Rs.10

Future Business Prospects:

Suzlon Energy is enegaged in the production of Wind Turbine Generators  and associated parts with varying capacities.

Suzlon Energy is one of India’s top providers of renewable energy solutions and is in the process of developing a 48.3 MW Wind Power Project for Adani Green Energy Limited. In this project 23 of Suzlon’s Wind Turbine Generators with 2.1 MW rated capacities and Hybrid Lattice Tubular towers will be installed. The project, which is situated in Mandvi, Kutch, Gujarat, will be completed by the end of 2023.

This project is an additional 226.8 MW repeat order from Adani Green Energy Ltd. that was first announced on August 13, 2021. The project will be carried out by Suzlon with a supply, installation, and commissioning scope. Suzlon will also provide services for post-commissioning operation and maintenance.

In view of the future business prospects as explained and discussed above, there will be significant price movement in the share price of the company in 2023. Several Broking Agencies have already recommended this stock for medium to long term investment. Looking at the overall business prospects of the company, we are of the view that this share is an excellent BUY at the current market price which is just around Rs.10

Nothing is,however, going to happen very significantly in the short term. Suzlon Energy share should not be purchased with a short term outlook.

Suzlon Energy Share Prediction 2023:

We can expect significant Share price appreciation by the end of 2023. Expected Price at that time is likely to be in the range of 20-25

Disclaimer : Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the market expectations from the Budget 2023. Investors are advised to take into consideration all these factors before making any investment in Capital Market.

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