If we talk about the share of Suzlon Energy in the last one month, then it has increased by about 65 percent from the level of Rs. 8.50 to cross the level of Rs.14. Suzlon Energy’s stock has given a return of 43% to the investors in the last 6 months.
What is the future of Suzlon Energy?
Once upon a time it used to be the leading company, but due to the financial crisis, there has been a lot of decline in this share. But now new projects are coming to the company. If we talk about Suzlon share price Target 2023, then its first target comes out to be 20 and if we talk about the second target then it can go up to about 22.
Is Suzlon a good buy?
Shares of Suzlon Energy have rallied nearly 80% in the last month on the back of a strong order book accumulated recently and favourable industrial conditions. The company recently turned net-worth positive after a decade and its net debt has come down by 80% year-on-year to Rs 1,180 crore in FY 2022-23.
Our opinion about Suzlon Energy Share
If we talk about Renewable Energy Sector, then it has a very good future, but the share price of the company has dropped a lot. So if you want to invest in it, do not invest much, invest as much risk as you can afford.
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