Get the latest predictions for Suzlon share price target 2024 – 2030: Suzlon Energy Ltd is a leading wind energy solutions provider in India, with a significant presence in the domestic and international markets. The company has a market share of around 33% in India and operates in over 18 countries. Suzlon has been in business for over 25 years and has developed a wide range of wind turbine models, catering to various customer segments and project sizes.
Suzlon Energy Full Company Details
| Company Name | Suzlon Energy Ltd |
| Stock Code (NSE) | SUZL |
| Stock Code (BSE) | 532952 |
| Market Cap (as of Oct 26, 2023) | ₹57,804 crore |
| Industry | Renewable Energy |
| Website | https://www.suzlon.com/ |
Suzlon Share Price Target 2024-2030
| Year | Minimum Price Target (₹) | Maximum Price Target (₹) | Average Price Target (₹) |
|---|---|---|---|
| 2024 | 50 | 63 | 56.5 |
| 2025 | 56 | 69 | 63 |
| 2026 | 70 | 86 | 78 |
| 2027 | 92 | 114 | 103 |
| 2028 | 118 | 147 | 132.5 |
| 2029 | 148 | 185 | 166.5 |
| 2030 | 172 | 210 | 191 |
Suzlon Share Price Target 2024
Suzlon energy share price target is predicted to reach a minimum of ₹45 and a maximum of ₹55 in 2024, with an average target of ₹50. This suggests moderate growth potential for the company in the coming year.
Suzlon Share Price Target 2025
Analysts predict a range for Suzlon’s share price in 2025:
- Minimum: ₹56
- Maximum: ₹69
- Average: ₹63
This indicates:
- Potential for modest growth in the coming year
- Upside potential of approximately 10% from the current price (as of October 26, 2023)
- Downside risk of around 11% from the current price
Suzlon Share Price Target 2026
Analysts predict Suzlon’s share price to reach ₹70 as a minimum and ₹86 as a maximum in 2026, with an average target of ₹78. This indicates potential for moderate to substantial growth in the next three years.
Suzlon Share Price Target 2030
Analysts predict significant potential growth for Suzlon energy share price target in 2030, with the following range:
- Minimum: ₹172
- Maximum: ₹210
- Average: ₹191
This substantial increase suggests:
- Tremendous growth potential of over 200% from the current price (as of October 26, 2023)
- Long-term bullish outlook for Suzlon in the renewable energy sector
Factors Affecting Suzlon Share Price
- Renewable Energy Market Growth: The global renewable energy market is expected to grow significantly in the coming years, driven by factors like increasing environmental concerns, government support policies, and technological advancements. This growth will likely benefit Suzlon as a leading player in the wind energy sector.
- Government Policies: Government policies play a crucial role in the development of the renewable energy sector. Suzlon has a strong presence in India, where the government has implemented favourable policies to promote renewable energy adoption.
- Company Performance: Suzlon’s financial performance and ability to execute its expansion plans will directly impact its share price. Investors will look for factors like revenue growth, profitability, and debt reduction when making investment decisions.
- Global Economic Conditions: The overall performance of the global economy can also impact investor sentiment and stock prices.
Risks and Considerations
- Competition: The wind energy market is highly competitive, with several major players vying for market share. This competition can put pressure on Suzlon’s pricing and profitability.
- Technological Advancements: Rapid advancements in wind turbine technology can make existing models obsolete quickly. Suzlon needs to continuously invest in research and development to stay ahead of the curve.
- Project Execution Risks: Delays and cost overruns in wind energy projects can negatively impact Suzlon’s financial performance.
- Market Volatility: Stock prices are inherently volatile, and Suzlon’s share price may experience significant fluctuations due to various market factors.
Conclusion
Suzlon is a leading player in the wind energy sector with significant growth potential. The company is well-positioned to benefit from the increasing demand for renewable energy globally. However, investors should be aware of the risks involved before making investment decisions.
Disclaimer: This information is for general informational purposes only and should not be considered financial advice. Please consult with a qualified financial professional before making any investment decisions.
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