Suzlon Energy Limited is one of the prominent players in the renewable energy sector in India. The company mainly focuses on building wind energy solutions. Are you willing to invest in Suzlon shares? Then look at the current price, recent news, and company financials in this article.
Suzlon Share Price in Today’s Market
As of 18th February 2025, Suzlon Energy Ltd shares are trading for Rs 50.35. It opened at Rs 51 which is lower than the previous closing rate of Rs 51.42. The current market cap of the company is Rs 68652 Crore.
Company Financials
Q3 Results have been published by the company which show a 152.51% increase in Net sales to Rs 2,291.85 crore. As the demand for renewable energy increases the company’s performance is also improving. ROE for the year 2024 was 16.84% which is a healthy number according to experts.
Recent News on Suzlon
As India is focusing on more renewable energy the company is getting more and more projects. Recently Suzlon Energy Ltd has cracked its highest-ever order of 5.7 GW. Not only this Suzlon has also received a 2016 MW order from Oyster Renewable. The good news on top is most of these projects are backed by the government which means profit growth.
Suzlon Share Price Target
As of 18th Feb, Suzlon Energy Shares are trading for Rs 50.35. According to analysts lowest target price for Suzlon shares is Rs 60. The Median Target Price is Rs 73 and the highest target price is Rs 82.
Recommendation on Buy, Hold, or Sell?
Consensus Analyst pur a ‘BUY’ tag on Suzlon Energy shares. Also according to Moneycontrol, 71% recommend buying Suzlon shares which puts the market sentiment towards buying. Another 14% recommend holding.
