Investing in Suzlon Energy Limited shares requires careful consideration of market trends and financial performance. As of January 3, 2025, Suzlon’s share price is 63.09 INR, reflecting an increase of 0.17 INR (0.27%) today. With the stock market constantly evolving, potential investors are eager to determine whether they should buy, hold, or sell their shares in Suzlon Energy, a prominent player in the renewable energy sector.
Suzlon Share Price in Today’s Market
In today’s trading session, Suzlon opened at 63.00 INR and has fluctuated between a high of 63.25 INR and a low of 62.83 INR. The current price indicates a slight rise from the previous close of 62.92 INR. The trading volume has been substantial, with approximately 5,022,050 shares traded today, showcasing active investor interest.
Suzlon Share Financial Overview
Suzlon has a market capitalization of approximately ₹86,021 Cr and an enterprise value of ₹86,353.98 Cr. The company’s Price-to-Earnings (P/E) ratio stands at 283.27, indicating high investor expectations for future growth despite current challenges. The Earnings Per Share (EPS) for the trailing twelve months (TTM) is reported at ₹0.22, while the company has a book value of ₹2.85 per share. Notably, Suzlon has experienced a profit growth rate of -95.68%, reflecting significant operational challenges alongside a sales growth rate of 7.51%.
Recent News of Suzlon Share
Recent developments concerning Suzlon have been noteworthy:
- The company recently secured a 302.4 MW wind power project order, which is expected to enhance its revenue streams significantly.
- Analysts have highlighted that Suzlon’s strong focus on renewable energy solutions positions it well for future growth amid increasing demand for clean energy.
- According to consensus estimates, Suzlon has a target price set at 74.83, suggesting a recommendation to buy based on current market dynamics.
Suzlon Share Pros & Cons
When evaluating an investment in Suzlon, it’s essential to consider both the advantages and disadvantages:
- Pros:
- Recent project wins indicate potential for revenue growth and operational improvements.
- High promoter holding at 13.25%, reflecting some confidence from major stakeholders.
- Positive market sentiment following strategic initiatives aimed at enhancing the company’s operational efficiency.
- Cons:
- The P/E ratio of 283.27 may suggest overvaluation relative to earnings potential.
- Significant decline in profit growth raises concerns about long-term sustainability.
- High beta value of 1.00 indicates average volatility compared to the market.
Indiahood Recommendation on Suzlon Share: Buy or Sell?
Based on current market conditions and financial performance, Indiahood recommends a cautious approach towards Suzlon shares. Investors may consider holding their positions while closely monitoring the company’s performance and market trends.
Others’ Recommendations on Suzlon Share: Buy or Sell?
Various analysts have provided insights into Suzlon’s stock:
- On January 3, 2025, consensus estimates suggest a target price of 74.83, indicating a recommendation to buy based on current market dynamics.
- On November 18, 2024, Geojit BNP Paribas set a target price of 68.00, recommending a buy position reflecting optimism about the company’s long-term growth strategy.
- On October 29, 2024, Ventura issued a sell recommendation with a target price set at 50.00, highlighting concerns about valuation.
Conclusion
In conclusion, while Suzlon Energy shows potential for growth within the renewable energy sector, ongoing challenges related to profitability suggest that investors should proceed with caution. A thorough analysis of future performance metrics and market conditions will be critical for making informed investment decisions.
Disclaimer
This article is for informational purposes only and does not constitute financial advice. Investors should conduct their own research or consult with a financial advisor before making investment decisions regarding Suzlon shares or any other financial instruments.
