Suzlon Energy shares give multibagger returns of 340% in 1 year

Suzlon Energy Share Price: Driven by robust order inflows & its debt-free condition, Suzlon Energy share price have increased 340% in just single year. Experts predict upside potential of up to 43%.

What Is Suzlon Energy?

One of top suppliers of renewable energy solutions worldwide is Suzlon. It is WTG manufacturer with vertical integration. It also handles all WTG sales installation & O&M. All major components, including as rotor blades, generators, gears, nacelles, control equipment, & tubular towers, are manufactured as part of operations. In addition to manufacturing, it provides whole range of planning & execution services for wind projects, such as technical planning & wind power project execution, infrastructure & power evacuation, & wind resource evaluation. Additionally, it provides O&M services in foreign nations like India.

Key Operations & Services Provided By Suzlon Energy

Product Profile:

a) S144 Wind Turbine Generator: One of largest wind turbines designed to combat India's low wind regimes, it is based on brand-new 3.x MW platform.

b) S133 Wind Turbine Generator: Designed to unlock unviable sites & provide enhanced energy yield appropriate for all wind regimes, this generator is built on 2.6 to 3.0 MW platform.

c) S120 Wind Turbine Generator: This 2.1 MW platform-based generator comes in three varieties & is appropriate for IEC Class S low-wind locations.

d) Classic Fleet: S111, S97, S88, S82, S66, & S52 are company's oldest WTG types that are no longer being manufactured. All of installed wind turbines are still supported, run, & maintained by it, nevertheless.

Suzlon Energy Historical Stock Performance

Consistent growth & 340% returns indicate that Suzlon Energy is on robust upward trajectory. This level of 340% returns showcases Suzlon Energy’s potential & solidifies its reputation in industry.
To ₹49.29 in intraday trades today, stock increased by as much as 4%. It is currently only 5.5% off its June 4, 2024, 52-week high of ₹52.19. In meantime, since June 23, 2023, when it hit 52-week low of ₹13.28, it has increased by factor of two, or 271 percent.

Factors Contributing To 340% Return

Investors who have placed their trust in Suzlon Energy are now reaping benefits of these 340% returns. Suzlon Energy gives 340% returns in 1 year, demonstrating remarkable growth.  Suzlon Energy's remarkable 340% surge in share price over past year can be attributed to several key factors:

1. Strong order inflows & 
2. Achieving debt-free status significantly bolstered investor confidence. 
3. Analysts anticipate further upside potential, 
4. Citing improved fundamentals, 
5. Reduced debt burden, & 
6. Healthy cash reserves. 

Brokerages maintain optimistic 'buy' ratings, with price targets suggesting potential increase of up to 43%. Technical analysts like Amol Athawale from Kotak Securities highlight continued positive sentiment as long as stock maintains above key support levels, projecting possible further gains towards Rs 60-63.

Specific Projects Or Contracts That Have Significantly Impacted Suzlon’S Share Price

No, any specific project has not been disclosed yet but Future Plans & Improvements are  followings :
Focus on improving transparency, corporate governance, & data accuracy.
Initiatives taken to simplify operating structure & improve investor relations.
Continuous efforts to strengthen governance processes & transparency.

What Are Analysts Saying About Suzlon Energy’s Stock Performance?

Analysts are optimistic about Suzlon Energy’s stock performance, highlighting 340% surge in past year driven by strong order inflows & debt elimination. improved fundamentals, including reduced debt & increased cash reserves, have led brokerages to maintain 'buy' ratings. Target prices range from Rs 54 to 58, with analysts foreseeing up to 43% upside potential. company's strategic initiatives & robust project pipeline are key factors bolstering investor confidence & supporting positive outlook.

Risks Associated with Investing In Suzlon Energy Shares 

As Suzlon Energy continues to grow, 340% returns serve as testament to its strong market position. 
In recent conference call, management said, no major challenges mentioned, with focus on continuous improvement.

As of 14-6-24, Stock is trading at 17.3 times its book value
Though company is reporting repeated profits, it is not paying out dividend
Promoter holding is low: 13.3%
Tax rate seems low
Debtor days have increased from 83.4 to 102 days.
Promoter holding has decreased over last 3 years: -3.88%
This impressive performance highlights fact that Suzlon Energy gives 340% returns in 1 year.

Conclusion

Suzlon Energy has achieved remarkable success, delivering 340% returns to its investors. This impressive performance by Suzlon Energy has captured significant attention. Suzlon Energy stock performance has been impressive, highlighting potential of renewable energy stocks in Indian stock market. share price growth reflects strong stock market investment opportunity, positioning Suzlon Energy among high-return stocks. Analyzing Suzlon Energy financials reveals significant stock appreciation.