Suzlon Energy Limited is a company in the Heavy Power Equipment sector. The total valuation (market value) of the company is Rs.10,089 crore. One share of the company is priced at Rs.8.38 in BSE market today and Rs.8.35 in NSE market today. The company was established in the year 1995.
What is the future of Suzlon stock?
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 15 and if we talk about the second target, then it can go up to about 17.
In the coming days, if the company tries to reduce its debt, then it will be the best thing for the growth of the company. The government is also now seen promoting the sector like Renewable Energy. There is no other option than this in future, so its growth can be shown in the coming days.
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.
Should we buy Suzlon shares or not? (Is Suzlon a good investment?)
If the government gives a relief package along with promoting this sector, then it can show a great boom in the coming times. Banks have also helped it a lot when there was a financial crisis in between. If you invest here for a long time, then looking at this sector, it can show good returns in the coming times.
What are the risk factors in Suzlon share? (Risk Factors in Suzlon Energy?)
If you look at its past record, then due to its financial problems, its price has been falling a lot, due to this it may remain in a confused state. Due to the debt that the company has, it also takes some risk in it.
Our opinion
If we talk about Renewable Energy Sector, then it has a very good future, but the share price of the company has fallen a lot. Therefore, if you want to invest in it, do not invest too much, invest as much risk as you can afford.