Should I buy Suzlon shares today?
Suzlon Energy Limited (NSE: SUZLON)
As on 19th Sep 2022 SUZLON SHARE Price closed @ 8.85 and we RECOMMEND Buy for LONG-TERM with Stoploss of 8.72 & Buy for SHORT-TERM with Stoploss of 7.72 we also expect STOCK to react on Following IMPORTANT LEVELS.
What is Suzlon target price?
Suzlon Energy Limited SUZLON share price target tomorrow IntraDay
| First down price target | 8.78 | 8.85 |
|---|---|---|
| Second down price target | 8.65 | 8.97 |
| Third down price target | 8.63 | 9.13 |
| Fourth down price target | 8.42 | 9.25 |
| Fifth up price target | 9.37 |
Why Suzlon price is low?
Suzlon share price decline started as credit flow almost stopped. This led to shutting down of its blade making factory in Pipestone, Minnesota. In the next year, the company’s net profit had fallen by 335% despite achieving 100% top line growth (Y-O-Y).
Does Suzlon have a future?
Suzlon Share Price Target 2022
At that time, Suzlon stock price was trading at around 3.00-4.00. Since then it has given multibagger returns. Now, I am expecting by the end of 2022, Suzlon’s stock price may reach 13-14.
Can Suzlon bounce back?
Suzlon can bounce back to again become the “darling” of Indian wind power and return to a market-leading position, claimed the turbine manufacturer’s former CEO who left his job earlier this week.
Does Suzlon have future?
Is Adani buying Suzlon Energy?
Suzlon Energy, not Adani Green, pledged shares with SBICAP Trustee recently. Chennai, Sep 3 (IANS) The shares of wind turbine major Suzlon Energy Ltd numbering about 52.39 lakh or 5.35 per cent is pledged in favour of SBICAP Trustee Company Ltd, and not that of Adani (NS: APSE ) Green Ltd.
Is Suzlon debt free?
As per a presentation made to the joint lenders’ forum, Suzlon has an estimated debt obligation of ₹882 crore till September 2022, which will be ‘extremely challenging for it to service going forward,’ the company said.
What is the future of Suzlon?
Suzlon Energy shares are one of the multibagger stocks in 2021 as it has surged from ₹5 to ₹5.00 to ₹12.15 apiece levels, logging near 145 per cent rise in this period.
Is Suzlon a loss making company?
Suzlon Energy on Wednesday reported a consolidated net loss of Rs 205.52 crore in the March quarter. The consolidated net loss of the company stood at Rs 54.25 crore in the quarter ended March 2021, according to a regulatory filing.