Suzlon Share Price is in the news today. Prices are on the lower side for the third consecutive session. Should you buy, hold ,or sell these shares? Let’s take a look at the company’s financials, recent news, target prices, and recommendations.
Suzlon Energy Share Price in The Market Today
As of today Suzlon Share Price is at Rs 57.54. That is 1.97% up since the market opening, and touched a high of Rs 57.84. The current UC limit is at Rs 62.07 and the LC limit is at Rs 50.78. The total market capitalization of the company stands around Rs 78,852 crores.
Company Financials
Suzlon Energy Ltd has released its Q1 financial results for FY26. It shows an impressive growth of 54.63% in the total income of Rs 3117.33 crores. Operating profits have jumped by 65.67% to Rs 532.63 crores, and profit after tax has also increased by 7.29% to Rs 324.32 crores. Operating margins have also improved by 7.14%. All the figures are compared on a YoY basis.
Recent News About Suzlon Energy
- Suzlon Energy secured a significant 381 MW wind energy order from Zelestra India for their first Firm and Dispatch Renewable Energy (FDRE) project across Maharashtra, Madhya Pradesh, and Tamil Nadu for 127 Suzlon S144 turbines.
- Suzlon is the first energy company in India to commit to powering all its manufacturing facilities with 100% renewable energy by 2030. It resembles a strong commitment towards sustainability.
Suzlon Energy Share Target Price
As one of the most popular stocks on the market, Suzlon Energy has multiple target price suggestions available. Motilal Oswal suggests a target between Rs 80 to Rs 82. S&P Global has an average target range of Rs 76 to Rs 77.60, but also suggests it can go as high as Rs 85. However, Consensus analysts suggest shares could touch the target price of Rs 76.20.
Recommendation on Buy or Sell
According to the moneycontrol website, 78% of the analysts suggest buying Suzlon Energy Shares. The remaining 22% suggest the stock can outperform. On the other hand, Consensus analyst also suggests buying these shares on the Trendlyne platform.
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.
