As of October 5, 2024, at 9:30 AM, the Suzlon Share Price stands at ₹74.70, reflecting a decline of 1.43%. In this article, we delve into the latest performance of Suzlon Energy Ltd, providing insights for investors considering whether to buy or sell Suzlon shares.
Today’s Market Snapshot for Suzlon Shares
| Attribute | Value |
|---|---|
| Open | ₹74.85 |
| Previous Close | ₹75.75 |
| Current Price | ₹74.70 |
| Volume | 77,974,009 |
| Value (Lacs) | ₹58,223.19 |
| VWAP | ₹74.55 |
| Beta | 0.98 |
| Market Capitalization (Rs. Cr.) | ₹101,888 |
| Day’s High | ₹76.65 |
| Day’s Low | ₹72.22 |
| Upper Circuit Limit | ₹79.53 |
| Lower Circuit Limit | ₹71.96 |
| 52-Week High | ₹86.04 |
| 52-Week Low | ₹25.75 |
| Face Value | ₹2 |
| All-Time High | ₹459.80 |
| All-Time Low | ₹1.70 |
| 20D Avg Volume | 104,759,913 |
| Book Value Per Share | ₹2.88 |
| Dividend Yield | 0% |
Company Overview of Suzlon Energy Ltd
| Metric | Value | Metric | Value |
|---|---|---|---|
| Market Capitalization | ₹101,888.94 Cr. | P/E Ratio | 475 |
| Enterprise Value | ₹102,261.99 Cr. | P/B Ratio | 27.42 |
| Total Shares | 1,364.52 Cr. | Face Value | ₹2 |
| Cash on Hand | ₹263.13 Cr. | Debt | ₹636.18 Cr. |
| Promoter Holding | 13.27% | Earnings Per Share (TTM) | ₹0.16 |
| Sales Growth | 7.51% | Return on Equity (ROE) | 3.74% |
| Return on Capital Employed (ROCE) | 7.98% | Profit Growth | -95.68% |
Profit & Loss Growth Analysis for Suzlon
| Year | Net Sales (₹ Cr.) | Net Profit (₹ Cr.) | Growth % |
|---|---|---|---|
| Mar 2020 | 2,973 | -2,692 | – |
| Mar 2021 | 3,346 | 104 | +3.1% (Sales) N/A (Profit) |
| Mar 2022 | 6,582 | -177 | +96.9% (Sales) N/A (Profit) |
| Mar 2023 | 5,971 | 2,887 | -9.2% (Sales) N/A (Profit) |
| Mar 2024 | 6,529 | 660 | +9.3% (Sales) -77.2% (Profit) |
Insights on Suzlon’s Financial Performance:
- Net Sales Growth:
- In FY 2021, Suzlon saw a sales growth of +3.1% from FY 2020, followed by an impressive +96.9% in FY 2022. However, the company faced a slight decline of -9.2% in FY 2023, with a recovery marked by +9.3% growth in FY 2024.
- Net Profit Growth:
- After a significant loss in FY 2020, Suzlon Energy Ltd reported a positive net profit of ₹104 Cr. in FY 2021. While FY 2022 showed a negative net profit again, FY 2023 rebounded with a substantial profit of ₹2,887 Cr. The profit decreased to ₹660 Cr. in FY 2024, indicating fluctuations in profitability.
Price Movement and Indicators for Suzlon Shares
The Suzlon share price has seen various fluctuations recently. Here are some key indicators:
- Current Price: ₹74.70
- Recent High: ₹86.04
- Recent Low: ₹25.75
- Relative Strength Index (RSI): Not provided, but essential for evaluating market sentiment.
India Hood’s Insights: Should You Buy or Sell Suzlon Shares?
For Day Traders:
- Watch Key Levels: Keep an eye on momentum; a surge above ₹75 could signal buying opportunities.
- Set Stop-Loss: A stop-loss around ₹72 can help manage risks effectively.
- Monitor Volume Trends: Look for volume spikes that can indicate trading opportunities.
For Long-Term Investors:
- Consider Accumulation: Investors might consider gradually acquiring Suzlon shares at current levels or on price dips.
- Evaluate Growth Potential: Assess how government policies might impact the future performance of Suzlon Energy Ltd.
- Diversification Strategy: Explore other sectors within renewable energy to enhance portfolio balance.
For Value Investors:
- Check Valuation: Analyzing Suzlon’s P/E ratio compared to its peers could reveal potential investment opportunities.
- Focus on Long-Term Growth: Aim for sustained increases in revenue and profits in your investment strategy.
For Cautious Investors:
- Hold Your Position: If market volatility concerns you, consider holding your shares until clearer trends emerge.
- Monitor Regulatory Developments: Stay informed about policy changes that may impact Suzlon’s operations.
Conclusion
The recent dip in Suzlon share price raises significant questions for investors, but India Hood’s analysis emphasizes a balanced investment approach. While Suzlon Energy Ltd faces challenges, its fundamentals and growth potential in the renewable energy sector remain promising. Whether you’re a day trader or a long-term investor, it’s crucial to evaluate your strategy carefully before proceeding with any trades.
Disclaimer
This article is published exclusively by India Hood (indiahood.com) for informational purposes only. It does not constitute financial advice. Always consult a financial advisor before making any investment decisions.
Latest Recommendations from India Hood
Analysts suggest considering buying Suzlon shares if prices stabilize above ₹75, with a stop-loss set around ₹72. Given the volatile nature of the renewable energy sector, investors should remain alert for trading opportunities linked to market developments.
