Suzlon Share Price Target 2030 | Fundamental and Technical Analysis

History: Tulsi Tanti, a mechanical engineer, was tending to his family textile business in Surat, Gujrat. That business was not in good health mainly due to operating expenses like energy are high. Then he purchased two wind turbine and that fulfill whole energy requirement of energy. In 1995, Suzlon was formed with giving a solution to customers in terms of energy services. We are going to understand Suzlon Share price target 2030 in this blog.

Overview: Suzlon Energy is founded in 1995, having leading energy solution provider. Suzlon have installed approximately 20.8 GW of wind energy. Suzlon have initially installed it’s wind in Gujarat. Later on they expanded to 17 states.

As government is also promoting renewable energy that will leads to increase demand of renewable energies.

Suzlon Share Fundamental Analysis

As we have seen stock is overpriced in terms of Stock PE as industry PE is only 58.2 however on the other side Suzlon is trading at 116 PE ratio. Sales of the company have increased after 2020. Company have reduced it’s debts over the period that is positive point. Further, Suzlon also given good profit in last 3 years.

Narration	Remarks
Market Cap as in 28th Aug 24	Rs.106816 Crore
Stock PE	116
Industry PE	58.2
Return on Equity	28.8%
Return on capital employed	24.9%
Profit after Tax	Rs.923 Crore
Interest Coverage	7.29
Debt to Equity	0.04
Promoter Holding	13.3%

Suzlon Share Technical Analysis

Suzlon share price was in June 2023 of Rs.12 and within a year it is now approx. Rs.80. As per Mint website it is mentioned Suzlon have decided to take 76% stake in Renom Energy Services Pvt Ltd. from Sanjay Ghodawat Group(SGG). The Acquisition was to be done with 2 tranches.

Morgan Stanley have rated Suzlon overweight rating with target price of Rs.73.4. In recent time JM finance also given “BUY” call in this share. On the basis of machine learning we are trying to find Suzlon share price target 2030.

Suzlon Share Profit and Loss Account Analysis:

Suzlon company sales are growing after 2020 continuously except in 2022 due to Corona Pandemic. In 2023 Profit increased drastically but that was not from operating income rather it was non operating income hence this income is not considerable in company valuations. Sales and Profit increasing that showing good future of the company.

[table “23” not found /]

Also Read Renuka Share Price Target 2025

Suzlon Share Balance Sheet Analysis:

Company have reduced it’s Debt that is good sign for the company and reserves are also been positive in 2024 financials that also good for the company. Stock and debtors are also seems increasing as per sales increment.

[table “24” not found /]

Also Read RVNL share price target 2030

Suzlon Share Price Target 2030(2024-2030)

As we discussed all aspects above in this blog on that basis we are going to identify Suzlon share price target 2030 in this blog below.

Year	Expected Price
2024	Rs.89
2025	Rs.138
2026	Rs.164
2027	Rs.178
2028	Rs.199
2029	Rs.219
2030	Rs.245

Suzlon Share Price Target 2024-2025

Months	Expected Share Price
Sept 2024	Rs.85
Oct 2024	Rs.88
Nov 2024	Rs.93
Dec 2024	Rs.89
Jan 2025	Rs.94
Feb 2025	Rs.91
March 2025	Rs.92

Suzlon Share Price Target 2025-2026

Months	Expected Share Price
April 2025	Rs.96
May 2025	Rs.103
June 2025	Rs.109
July 2025	Rs.102
Aug 2025	Rs.105
Sept 2025	Rs.110
Oct 2025	Rs.119
Nov 2025	Rs.128
Dec 2025	Rs.138
Jan 2026	Rs,131
Feb 2026	Rs.125
March 2026	Rs.121

Suzlon Share Price Target 2026-2027

Months	Expected Share Price
April 2026	Rs.125
May 2026	Rs.134
June 2026	Rs.131
July 2026	Rs.130
Aug 2026	Rs.136
Sept 2026	Rs.1139
Oct 2026	Rs.145
Nov 2026	Rs.161
Dec 2026	Rs.164
Jan 2027	Rs,159
Feb 2027	Rs.155
March 2027	Rs.151

Suzlon Share Price Target 2027-2028

Months	Expected Share Price
April 2027	Rs.155
May 2027	Rs.159
June 2027	Rs.167
July 2027	Rs.172
Aug 2027	Rs.161
Sept 2027	Rs.159
Oct 2027	Rs.167
Nov 2027	Rs.171
Dec 2027	Rs.178
Jan 2028	Rs,169
Feb 2028	Rs.163
March 2028	Rs.162

Suzlon Share Price Target 2028-2029

Months	Expected Share Price
April 2028	Rs.167
May 2028	Rs.172
June 2028	Rs.177
July 2028	Rs.178
Aug 2028	Rs.172
Sept 2028	Rs.178
Oct 2028	Rs.189
Nov 2028	Rs.191
Dec 2028	Rs.199
Jan 2029	Rs,188
Feb 2029	Rs.182
March 2029	Rs.191

Suzlon Share Price Target 2029-2030

Months	Expected Share Price
April 2029	Rs.196
May 2029	Rs.199
June 2029	Rs.204
July 2029	Rs.205
Aug 2029	Rs.208
Sept 2029	Rs.201
Oct 2029	Rs.212
Nov 2029	Rs.218
Dec 2029	Rs.219
Jan 2030	Rs,212
Feb 2030	Rs.202
March 2030	Rs.201

Also Read IRCON Share Price Target 2030

Disclaimer: We are not registered with SEBI and not giving any tips or recommendation. This is only for knowledge purpose. Please advise with you financial advisor before taking any IPO or stocks.