Suzlon Energy Limited is a top wind turbine manufacturer in India and is engaged in renewable energy sectors. The company serves 17 countries in Asia, Australia, Europe, Africa, USA, and many more. It has more than 20 years of experience in research and development.
At present, the performance of the company is quite good and it has given good returns to its investors. At the same time, if we look at its past, the company has shown consistent average growth over the years.
However, now the market trend is positive and trading at Rs 39.00 in the stock market, which shows bullishness. If you are an investor, you would be interested to know the target price of Suzlon shares. So, in this forecast, we will predict the share price for the years 2024, 2025, 2026, 2028, 2030 and 2035.
We have a lot of research and technical analysis, whcih is based on its financial results, history, revenue growth, profitability, performance, future scope and debt.
Suzlon share price target 2024, 2025, 2026, 2028, 2030, 2035
According to the company report, the company has registered a total revenue of Rs 5,990.00 crore in the financial year 2023-24. However, we have seen a closer look over the past few months and given impressive results.
So, the company has shown huge growth in recent months and its share price has increased by 75% in one month and delivered returns of up to 38% in just two months.
However, the top market expert says that the share price will appreciate in the coming months, which is a “Buy” tag for investors.
Market experts also say that the share price is expected to be between Rs 65.00 and Rs 85.20 by the end of 2025. The upper target price by 2025 is Rs 75.00 to Rs 105.00. The brief information on the target price is mentioned below.
| Targeted Year | Target-I | Target-II |
|---|---|---|
| 2024 | ₹54.15 | ₹67.40 |
| 2025 | ₹76.40 | ₹98.20 |
| 2026 | ₹98.32 | ₹138.30 |
| 2027 | ₹140.50 | ₹184.15 |
| 2028 | ₹162.20 | ₹215.00 |
| 2029 | ₹202.00 | ₹224.10 |
| 2030 | ₹244.30 | ₹259.20 |
| 2035 | ₹355.20 | ₹435.15 |
See also – Reliance share price
2024
As per market trend, minimum and maximum target prices are Rs 44.10 to Rs 58.20 and Rs 56.30 to Rs 67.40, respectively.
| 2024 | Low | High |
|---|---|---|
| January | ₹42.10 | ₹46.40 |
| February | ₹46.12 | ₹49.25 |
| March | ₹48.25 | ₹47.30 |
| April | ₹45.22 | ₹54.42 |
| May | ₹43.42 | ₹52.22 |
| June | ₹52.32 | ₹62.50 |
| July | ₹54.30 | ₹64.44 |
| August | ₹51.12 | ₹61.31 |
| September | ₹48.27 | ₹58.12 |
| October | ₹56.54 | ₹66.22 |
| November | ₹55.62 | ₹65.28 |
| December | ₹59.35 | ₹67.32 |
2025
In our analysis, the minimum target price is Rs 55.00 to Rs 65.00. At the same time, the highest target price is Rs 70.40 to Rs 98.20 by 2025.
| 2025 | Low | High |
|---|---|---|
| January | ₹70.10 | ₹77.40 |
| February | ₹69.10 | ₹78.32 |
| March | ₹72.10 | ₹82.45 |
| April | ₹78.10 | ₹87.00 |
| May | ₹80.10 | ₹81.10 |
| June | ₹86.10 | ₹96.12 |
| July | ₹80.10 | ₹92.32 |
| August | ₹85.10 | ₹95.85 |
| September | ₹78.10 | ₹88.65 |
| October | ₹88.10 | ₹94.24 |
| November | ₹90.10 | ₹96.22 |
| December | ₹92.10 | ₹98.34 |
2026
You can expect a minimum of Rs 78.00 to Rs 106.10 in 2026. There will be an uptrend at the end of 2026, and the maximum target price is Rs 116.40 to Rs 138.30 for Suzlon shares.
| 2026 | Low | High |
|---|---|---|
| January | ₹80.23 | ₹98.12 |
| February | ₹84.12 | ₹102.33 |
| March | ₹81.22 | ₹99.15 |
| April | ₹90.52 | ₹115.32 |
| May | ₹88.00 | ₹113.00 |
| June | ₹95.50 | ₹118.65 |
| July | ₹98.40 | ₹124.44 |
| August | ₹102.25 | ₹130.35 |
| September | ₹105.12 | ₹134.28 |
| October | ₹99.35 | ₹124.24 |
| November | ₹100.28 | ₹132.47 |
| December | ₹106.52 | ₹138.52 |
2028
In the long term perspective, this could be beneficial and expect a minimum share price of Rs 148.10 to Rs 180.20, which indicates a bullish trend. At the same time, the maximum target price is Rs 164.50 to Rs 215.20.
| 2028 | Low | High |
|---|---|---|
| January | ₹145.22 | ₹163.55 |
| February | ₹155.52 | ₹175.45 |
| March | ₹164.10 | ₹180.40 |
| April | ₹162.42 | ₹182.35 |
| May | ₹168.44 | ₹190.12 |
| June | ₹180.28 | ₹212.18 |
| July | ₹178.74 | ₹206.66 |
| August | ₹175.45 | ₹202.50 |
| September | ₹178.50 | ₹210.00 |
| October | ₹180.00 | ₹214.22 |
| November | ₹170.12 | ₹198.34 |
| December | ₹182.20 | ₹215.42 |
2030
According to our forecast system, the minimum target price till 2030 is Rs 220.50 to Rs 245.20, and the maximum target price is Rs 238.50 to Rs 259.20.
| Target Year 2030 | Low | High |
|---|---|---|
| January | ₹221.22 | ₹239.40 |
| February | ₹220.30 | ₹238.39 |
| March | ₹228.42 | ₹237.22 |
| April | ₹232.38 | ₹239.32 |
| May | ₹232.52 | ₹245.36 |
| June | ₹240.21 | ₹247.24 |
| July | ₹242.25 | ₹258.18 |
| August | ₹240.12 | ₹253.15 |
| September | ₹245.32 | ₹259.45 |
| October | ₹236.22 | ₹252.66 |
| November | ₹235.50 | ₹248.33 |
| December | ₹241.00 | ₹255.10 |
2035
Our prediction system is showing positive in the long term, and the maximum target price by 2035 is Rs 355.00 to Rs 435.00.
| Target Year 2035 | Low | High |
|---|---|---|
| January | ||
| February | ||
| March | ₹358.42 | ₹375.22 |
| April | ||
| May | ||
| June | ₹370.21 | ₹392.24 |
| July | ||
| August | ||
| September | ₹385.32 | ₹405.45 |
| October | ||
| November | ||
| December | ₹411.00 | ₹435.10 |
Suzlon Share Price Forecast Chart
The target price of Suzlon may differ from the actual price, as the share price depends on the market condition and can fluctuate over time. Below is the forecast chart for Suzlon Energy’s share price:
The company is now in huge demand in the market as it has witnessed a boom in the last few months. Therefore, the company is showing positive industry trends which is attractive for investors.
Fundamentals
Suzlon Energy Limited is a good stock for the long term and you can expect good returns. In 2018, its share price touched a high level of Rs 14.65 and later declined to Rs 1.85 in 2020. However, the company is now trading at Rs 43.50 in the market.
| Financial Year | 2023-24 |
| Revenue | ₹5990 Cr. (Yearly) |
| Net Profit | ₹2,887.00 Cr |
| Profit Margin | 2.91% |
| Debt to Equity | 0.04 |
| Buy / Sell / Hold | Buy |
| Stock | Symbol | Price | Chart (24H) | Currency | Company | 52 Week Range | Exchange | Industry | Type | Sector | Chart (5D) | Country | Open | Close | High | Low | Volume | Marketcap | Previous Close | Change | Change % | 52 Weeks High | 52 Weeks Low | EPS | Dividend Rate | Dividend Yield | Shares | Last Updated |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
 SUZLON ENERGY LIMITED SUZLON.NS | SUZLON.NS | ₹ 62.22 | INR | SUZLON ENERGY LIMITED | NSI | Specialty Industrial Machinery | EQUITY | Industrials | India | ₹ 60.50 | ₹ 59.26 | ₹ 62.22 | ₹ 59.42 | 70,990,610 | 851.65B | ₹ 59.26 | ₹ 2.96 | 4.99% | ₹ 86.04 | ₹ 33.90 | 0.71 | 0.00 | 0.00% | 13,646,699,520 | 17 hours ago |
Suzlon share price history
Suzlon Energy can be a good option if you are looking for an established Indian company with a presence in other countries. Share price history shows fluctuations over time:
| Year | Low (₹) | High (₹) |
|---|---|---|
| 2018 | 5.15 | 10.90 |
| 2019 | 1.87 | 6.85 |
| 2020 | 2.91 | 6.55 |
| 2021 | 4.81 | 10.32 |
| 2022 | 6.55 | 11.94 |
Suzlon subsidiaries
The following companies are subsidiaries of Suzlon Energy Limited which are given below:
- Suzlon Gujarat Wind Park Limited: Suzlon Gujarat Wind Park Limited is an unlisted public company incorporated on July 05, 2004. It is classified as a Public Limited Company and is based in Gujarat.
- Se Forge Limited: SEForge is one of the largest engineering components manufacturing companies in India supplying fully finished castings and forgings.
- Suzlon Power Infrastructure Limited: Suzlon Power Infrastructure Limited manufactures wind power products.
- Suzlon Energy Australia Pty Ltd: Suzlon Energy Australia Pty Ltd is a beneficially owned company, incorporated and domiciled in Australia.
- Suzlon Infrastructure Services Ltd: The company is engaged in erections, installation and other activities.
- SE Shipping Lines Pte Ltd: SE Shipping is headquartered in Singapore providing end-to-end customer-driven solutions for worldwide transportation.
Suzlon shareholding pattern
- Promoter: 14.5%
- Foreign Institutions: 7.7%
- Mutual Funds: 5.8%
- Public: 72.0%
- Others: 0.0%
How to Buy Suzlon Shares?
To buy the Suzlon shares you must have a Demat/Trading account. The list of popular stock brokers is given below you can open your account in a few steps:
- Groww
- Angel One
- Upstock
- SBI Securities
- Zerodha
- 5paisa
Latest News
- Suzlon is now partnering with Integrum Energy Infrastructure Private Limited to build the Wind Energy Project, thereby enhancing the green energy footprint in India with clean energy.
- Suzlon announced that they had bagged a major order for a 201.6 MW wind power project from Tech Green Power XI Pvt Ltd. Ltd., part of O2 Power Pvt. Ltd., which includes Suzlon’s new 3 MW series WTG.
- Suzlon, with a global team of over 3400 wind experts, is engaged in optimizing wind power plants, ensuring optimum performance, increased yields, and maximum return on investment for customers.
FAQs
There is no good or bad, it all depends on the market. At present, Suzlon is bullish and is in a good position. Therefore it can give huge returns in the future.
The maximum target price for Suzlon shares in 2024 is Rs 45 to Rs 67 by 2024.
If we look at its growth trend, the maximum target price by 2026 can be Rs 106.10 to Rs 138.50.
The highest target price for Suzlon shares is Rs 70.40 to Rs 98.50 in 2025.
The highest target price for Suzlon shares in 2028 will be Rs 164 to Rs 215.
The expected target price target for Suzlon shares is Rs 238.50 to Rs 259.20 by 2030.
The maximum target price for Suzlon shares in 2035 is Rs 410 to Rs 435.
See also:
Disclaimer: Target prices are for general information only and should not be considered financial advice. You should do your research and consult your financial advisor before investing.
