Share of Suzlon Energy Limited is currently trading at around Rs.8/- Existing as well as prospective investors are asking for the Suzlon share price target 2030 as well as targets for other years from 2023 to 2030. In this article, we will discuss about the business prospects and financial performance of Suzlon and based on our discussion and analysis will tell you the Suzlon Share Price Target from 2023 to 2030.
Following are the frequently asked questions by the existing as well as prospective investors, about the Suzlon Energy Limited :
- What will be Suzlon share price in 2025?
- What is the future of Suzlon share?
- Is Suzlon good for long-term?
- Does Suzlon have a good future?
- Is Suzlon the next multibagger?
Discussion & Analysis of Business & Financial performance of Suzlon Energy Limited :
Suzlon Energy Limited is an Indian multinational renewable energy company headquartered in Pune, Maharashtra. The company specializes in wind energy solutions and has a global presence with operations across Asia, Australia, Europe, Africa, and the Americas.
Business Performance:
In recent years, Suzlon Energy Limited has faced several challenges in its business operations. The company’s financial position was severely impacted due to rising debt, falling profits, and decreasing market share. As a result, the company has undergone a series of debt restructuring and asset sale initiatives to improve its financial position.
However, despite these challenges, Suzlon Energy Limited has continued to expand its operations globally. In 2020, the company secured orders for wind energy projects with a total capacity of 453 MW across India, the US, and Africa. This demonstrates the company’s continued focus on innovation and technological advancement, which has helped to maintain its position as a leading player in the renewable energy industry.
Financial Performance:
Suzlon Energy Limited has struggled with its financial performance in recent years. The company’s revenue has been declining since 2017, with a significant drop in revenue in the fiscal year 2019-20. In FY 2020-21, the company reported a revenue of INR 1,065 crore (approximately USD 144 million), a decline of 45% compared to the previous year.
The company’s net loss for the fiscal year 2020-21 stood at INR 5,836 crore (approximately USD 788 million), which was higher than the net loss of INR 4,978 crore (approximately USD 673 million) in the previous year. The company has attributed its poor financial performance to factors such as weak market conditions, COVID-19 pandemic, and the global economic slowdown.
Suzlon Energy Limited has also been facing challenges with its debt levels. As of March 2021, the company’s total debt stood at INR 12,772 crore (approximately USD 1.7 billion). The company has been taking steps to reduce its debt burden, including asset sales, debt restructuring, and refinancing.
Despite the challenges, Suzlon Energy Limited has been taking steps to improve its financial performance. The company has been focusing on reducing its operating costs, improving its supply chain efficiency, and increasing its profitability through innovative solutions. Additionally, the company has been exploring new markets and expanding its product portfolio to stay competitive in the rapidly evolving renewable energy industry.
Conclusion:
Suzlon Energy Limited has been facing several challenges in recent years due to weak market conditions, rising debt levels, and the COVID-19 pandemic. However, the company has continued to expand its operations globally and has demonstrated its commitment to innovation and technological advancement. While the company’s financial performance has been weak in recent years, it has been taking steps to reduce its debt burden and improve its profitability. With the renewable energy industry set for strong growth in the coming years, Suzlon Energy Limited is well-positioned to capitalize on the opportunities in the market and regain its position as a leading player in the industry.
Suzlon Share Price Target 2023
Based on the above discussion and analysis, the share price of Suzlon may touch the level of around Rs.9-14 in 2023.
Suzlon Share Price Target 2024
Based on the above discussion and analysis, the share price of Suzlon is likely to touch the level of around Rs.15-20 in 2024
Suzlon Share Price Target 2025
Based on the above discussion and analysis, the share price of Suzlon is likely to remain in the range of Rs.25-30 in 2025.
Suzlon Share Price Target 2026
Based on the above discussion and analysis, the share price of Suzlon may touch the level of around Rs.35-40 in 2026.
Suzlon Share Price Target 2027
Based on the above discussion and analysis, the share price of Suzlon is likely to touch the level of around Rs.45-50 in 2027
Suzlon Share Price Target 2028
Based on the above discussion and analysis, the share price of Suzlon is likely to remain in the range of Rs.55-60 in 2028
Suzlon Share Price Target 2029
Based on the above discussion and analysis, the share price of Suzlon is likely to touch the level of around Rs.65-70 in 2029
Suzlon Share Price Target 2030
Based on the above discussion and analysis, the share price of Suzlon is likely to remain in the range of Rs.75-80 in 2030
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 future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general guidance purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.
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