Suzlon Share price is in the news today as the company shares have spiked more than 1.5% after market opening. Should you buy, hold or sell? Let’s find out recent news, company financials, target price and recommendations.
Suzlon Share Price in The Market Today
As of today, Suzlon Share price is at Rs 63.78. That is 1.58% up since the market opening, and touched a high of Rs 64.28. The current UC limit is at Rs 75.34 and the LC limit is at Rs 50.23. The total market capitalization of the company stands around Rs 87,234 crores.
Company Financials
As one of the leader in this segment, Suzlon has reported a good quarterly results in Q4. Report shows, 73.16% growth in total income of Rs 3773.54 crores. Operating profits are up by 97.57% to Rs 569.77 cr and operating margins have improved by 14.10%
Recent News About Suzlon Share
- Recently, Suzlon Energy Ltd. has secured a 170.1 MW wind energy project from AMPIN Energy in Andhra Pradesh, this is the third consecutive order from the company.
- Suzlon also bagged a 378 MW wind project from NTPC Green Energy, increasing its total capacity from only NTPC to 1,544 MW
Suzlon Share Target Price
S&P Global Market Intelligence and TradingView, suggest Suzlon Shares could reach between Rs 68 to Rs 83 by the end of 2025. On the other hand, Consensus suggests Rs 76.25 target by the end of this year.
Recommendations on Buy or Sell
According to the moneycontrol website, 63% of the analyst suggest buying jio financial shares. The rest 13% suggest holding and 25% shares can out perform. On the other hand, Consensus analyst suggests buying for these shares too on the trendlyne.
Disclaimer: All the information shared in this article is for informational purposes only. Any recommendations mentioned are made by individual analysts or experts. India Hood does not recommend Buy or Sell, nor will she be responsible. Investors are strongly advised to consult with certified experts before making any investment decisions.
