Suzlon Energy Ltd share price is ₹83.00 on NSE as of 11 September 2024. Below is a detailed analysis of Suzlon Energy share price targets in 2024, 2025, 2026, 2027, and 2030. Being from the renewable energy sector, Suzlon stock depends on various factors—such as government policy, global trends for energy, and changes in technology generally. It offers forecasts for years to come and enables one to tactically move ahead with Suzlon’s potential in the future within the wind energy market.
Suzlon Energy Company Details
| Details | Information |
|---|---|
| Official Website | www.suzlon.com |
| Founded | 1995 |
| Headquarters | Pune, Maharashtra, India |
| Number of Employees | 7,000+ |
| Category | Share Price |
Current Market Overview of Suzlon Energy Share Price
| Metric | Value |
|---|---|
| Open Price | ₹83.00 |
| High Price | ₹84.50 |
| Low Price | ₹80.80 |
| Current Price | ₹83.00 |
| Market Cap | 1.13T INR |
| P/E Ratio | 119.6 |
| Dividend Yield | N/A |
| 52-Week High | ₹86.04 |
| 52-Week Low | ₹21.70 |
Suzlon Energy Share Price has seen a high growth curve in recent times, on the back of growing world interest in Renewable Energy, improved performance at the financial level, and benign government policies. This would be one company poised to gain as the world gradually moves towards a low-carbon future, alongside increasing demand for clean energy solutions.
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Suzlon Energy Share Price Target (2024-2030)
As and when more investment flows into renewable energy, the share price would rise in a step-by-step fashion with the expansion of the various initiative of clean energy taking place globally. The future share price for projection to be done would be as shown below:
| Year | 2nd Target (₹) |
|---|---|
| 2024 | ₹101 |
| 2025 | ₹129 |
| 2026 | ₹ 137 |
| 2027 | ₹ 152 |
| 2028 | ₹ 162 |
| 2029 | ₹ 167 |
| 2030 | ₹ 190 |
Suzlon Energy Yearly Share Price Chart
Key Factors Affecting Suzlon Energy Share Price Growth
Global Shift to Renewable Energy: With governments worldwide taking accelerated steps towards cleaner energy, Suzlon is in a good position to reap benefits from this megatrend. More and more countries set stiff targets to reduce carbon emissions; hence, the demand for wind energy increases—thus, increasing the revenues of Suzlon.
Technological Innovation: Research and development in wind turbine designs continues as Suzlon offers more efficient and reliable wind turbines at significantly lower costs of operation to increase profitability and share value.
Government Policies & Incentives: Few other forms of amiable Government Policies in India and abroad include subsidies on projects of Renewable Energy, tax benefits, and accelerated depreciation on renewable assets.
Increasing Material and Manufacturing Costs: The prices of basic raw materials, such as steel and copper, required in the manufacture of turbines may dent Suzlon’s profit margins. If it can overcome this cost through better supply chain management, then the bottom-line performance of the company will not be affected.
Market competition: Increased competition, with global players entering the fray in the renewable energy market, may erode Suzlon’s market share. This risk could diminish with a strong domestic presence and expertise by Suzlon.
Bull Case
- The Global Renewable Boom: Suzlon would possibly blossom during the renewable boom that will justifiably expand fast on global commitments to effectively combat climate change. Global and favorable national policies on clean energy can take Suzlon’s share price above ₹ 70 at any time until 2030.
- Upside Drivers: Technological Advances Suzlon has continued investing in R&D-which may result in cost-reducing and efficiency-enhancing innovation for turbines-therefore allowing the company to be more competitive and driving the share price upwards.
- Debt Reduction: Efforts of Suzlon toward debt reduction and strengthening the financial health may finally start paying off, with optimism drawing in stock performance.
Bear Case
- Raw Material Prices Volatility: such as steel and rare earth metals, will make the profitability of Suzlon adverse and a snag to growth of stock.
- Economic Slump: The global or national economic downturn would reduce the investment cycle in wind energy projects, which may negatively affect Suzlon’s order book and profitability.
- Regulatory Risks: While Suzlon enjoys governmental policies today, a change in energy regulations or reduction in subsidies for renewable energy would affect future growth.
Conclusion
With the entire world now moving towards renewable energy, the stage for good growth in the times ahead is well set with the shares of Suzlon Energy Share Price. Moreover, it should be taken into account that raw material price volatility and changing regulatory landscapes could be a risk. The long-term trajectory is most likely to be underpinned by innovation, financial re-engineering, and expanding markets. All said and done, Suzlon provides a good opportunity for a long-term investor who wants to have exposure to renewable energy.
FAQs
What can be the Suzlon Energy share price target for 2024?
There was also a 2024 target of between ₹22.00 and ₹24.00.
What could potentially affect Suzlon Energy stock price?
These factors include energy demand worldwide, governmental policies, technological innovations, and material costs.
What is Suzlon’s share price in the year 2030?
The estimated share price in 2030 ranges from ₹68.00 to ₹72.50.
Is Suzlon a good long-term investment?
Suzlon would thus be a strong long-term story, given the leadership in this space, favorable market conditions, and innovation in wind turbine technologies. But still, investors cannot be very complacent about the market risks and their consequences on company performance amidst economic uncertainties.