Suzlon Energy Share Price Target 2024-2030: Comprehensive Analysis and Forecast

Suzlon Energy Share Price Target 2024-2030 : Founded in 1995 by Tulsi Tanti, Suzlon Energy Ltd. has emerged as one of India’s leading renewable energy companies, specializing in wind energy solutions. Recognized among the top wind turbine manufacturers worldwide, Suzlon provides end-to-end services in designing, developing, and managing wind energy projects. With a strong presence in multiple international markets, including the USA, China, Australia, and South Africa, Suzlon continues to contribute significantly to the global renewable energy sector.

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Current Market Position and Performance

As of Nov 13, 2024, Suzlon Energy’s stock trades at approximately ₹54.94 on the NSE. The company’s position in the renewable energy market remains strong, although it faces operational challenges. Over recent years, Suzlon has worked on financial restructuring and debt management to stabilize its performance and prepare for future growth.

Market Overview (2024)

Market Cap₹ 73,135 Cr.
Current Price₹ 54.0
High / Low₹ 86.0 / 33.8
Stock P/E74.1
Book Value₹ 3.32
Dividend Yield0.00 %
ROCE24.9 %
ROE28.8 %
Face Value₹ 2.00

Competitors Overview

Suzlon’s main competitors include Siemens Gamesa, Tata Power, Adani Green Energy, ReNew Power, and Orient Green Power. These companies also hold significant shares in the renewable energy market, underscoring the competitiveness and potential for innovation within the sector.

Suzlon Share Price Targets for 2024-2030: Detailed Forecast

Year	Projected Price Target (₹)
2024	70
2025	123
2026	170
2027	217
2028	325
2029	443
2030	560

Key Factors Influencing Suzlon’s Share Price

Government Policies and Renewable Energy Incentives
Supportive policies, including subsidies, tax breaks, and renewable energy mandates, will likely foster Suzlon’s growth. Positive regulatory frameworks are essential for sustaining demand for wind energy projects, bolstering both Suzlon’s revenue and share value.
Technological Advancements in Wind Energy
Advancements in turbine technology could greatly enhance Suzlon’s market positioning. By continuously improving efficiency, reducing operational costs, and increasing power output, Suzlon can boost profitability, attracting investor interest and positively affecting share prices.
Domestic and International Market Dynamics
Growing demand for clean energy worldwide positions Suzlon to capitalize on both local and international opportunities. Expanding into new markets, combined with government support, can lead to higher revenue streams and share appreciation.
Competitive Landscape
Competing with giants like Siemens Gamesa, Adani Green, and Tata Power, Suzlon will need to maintain competitive pricing and technological superiority to capture market share effectively.

Yearly Forecast Analysis

Suzlon Energy Share Price Target 2024 – Expected Price Target: ₹70

Suzlon’s projected target for 2024 reflects steady recovery as the company manages operational costs and expands its renewable energy projects. Government incentives and cost efficiency improvements will play vital roles in achieving this target.

Suzlon Energy Share Price Target 2025 – Expected Price Target: ₹123

By 2025, Suzlon’s share price could experience growth as it leverages partnerships and adopts sustainable practices. Increased demand for renewable solutions will further support Suzlon’s target.

Suzlon Energy Share Price Target 2026-2027 – Expected Price Range: ₹170-₹217

In these years, Suzlon’s share prices may rise due to enhanced operational efficiencies and technological advancements in turbine production. Expanding renewable capacity will also contribute positively to its financial health.

Suzlon Energy Share Price Target 2028-2030 – Expected Price Range: ₹325-₹560

As a major player in the global renewable energy transition, Suzlon could see substantial share price appreciation by 2030. Market expansion, sustained technological innovation, and favorable government policies may help the company reach its ambitious target of ₹560 by the decade’s end.

Financial Snapshot (2024)

Revenue: ₹64.97B
Net Income: ₹6.60B
Operating Expense: ₹16.64B
EBITDA Growth: 34.32%

Suzlon Shareholding Pattern (2024)

Promoters: 13.27%
Foreign Institutional Investors (FII): 21.53%
Domestic Institutional Investors (DII): 9.17%
Public Holding: 56.03%

Conclusion

Suzlon Energy Ltd. stands at the forefront of the renewable energy shift, well-positioned to benefit from the increasing focus on sustainable energy. While Suzlon faces challenges, including financial restructuring, the company’s strategic focus on technological advancements and global expansion offers a promising growth trajectory. Investors should keep an eye on Suzlon’s financial performance and market expansion efforts, as these will be pivotal in determining its share price potential from 2024 to 2030.