Suzlon Energy Target: Suzlon Energy is experiencing a remarkable surge, raising investor expectations to new heights. Experts believe that Suzlon Energy‘s stock might surpass the ₹100 mark. This article discusses the company’s recent performance, expert opinions, and investment strategies to help you understand how far Suzlon can go and where to set your stop-loss.
Highlights:
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- Suzlon Energy’s stock is witnessing a significant uptrend.
- Experts believe the stock might cross ₹100.
- Stellar performance in the first quarter of the fiscal year 2025.
- Suzlon Energy Target price and stop-loss advice for investors.
- Suzlon’s future goals and potential.
Table of Contents
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Suzlon Energy’s Current Status and the Reason for the Surge
Suzlon Energy’s stock has been hitting upper circuits consistently over the past few days. The stock closed at ₹76.56 last week, but opened at ₹78.30 on August 12th, reflecting a 2.27% increase. Although the stock initially dipped to ₹74.87 within minutes of opening, it quickly recovered and reached ₹79.28. Shortly after, it hit an upper circuit at ₹80.36, marking a 5% increase compared to its previous close.
What Caused the Surge in the Company’s Stock?
The primary reason for the surge in Suzlon Energy’s stock is the company’s impressive first-quarter results for the fiscal year 2025. The company’s revenue and net profit saw a significant jump during this period. Suzlon’s revenue for the first quarter reached ₹2021.59 crore, compared to ₹1350.98 crore in the same quarter of the previous fiscal year, marking a 49.64% annual growth.
Similarly, the company’s net profit surged to ₹302.29 crore from ₹100.90 crore in the same quarter of the previous year, indicating a 199% annual growth. Another reason for the stock’s upward momentum is the announcement of Suzlon’s acquisition of a 76% stake in Renom, further boosting investor confidence.
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Suzlon Energy Could Reach ₹95 to ₹100
Out of the five experts tracking Suzlon Energy, three have given it a “Buy” rating, while the remaining two have rated it as “Hold.” Recently, on August 2nd, Sachitanand Uttekar from Tradebulls Securities mentioned on CNBC-TV18 that “Suzlon has recently broken out of its 11-year accumulation zone. The stock is expected to reach a zone of ₹95 to ₹115 in the current uptrend. Since the immediate swing base is around ₹65, it is advisable to maintain long positions in the stock as long as it doesn’t drop below ₹62 on a weekly basis. Additionally, adopting a buy-on-dips strategy can be beneficial.”
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Suzlon Energy Target Price for 5 Years
| Year | Target Price (₹) |
|---|---|
| 2025 | 147.98 |
| 2026 | 209.76 |
| 2027 | 273.40 |
| 2028 | 346.54 |
| 2029 | 415.34 |
| 2030 | 487.43 |
Expert Opinions
Anand Rathi Securities
Jigar S. Patel, a manager at Anand Rathi Securities, suggests that as the stock continues to rise, it is holding its support zone at ₹65. Therefore, the target price for the stock can be set at ₹80, with a stop-loss at ₹61, which Suzlon achieved yesterday.
Prabhudas Lilladher
Shiju Kuthupalakkal, a technical research analyst at Prabhudas Lilladher, notes that the stock is showing strong momentum on the daily chart. Based on this, the target price can be set at ₹82, with a stop-loss at ₹71.
Yes Securities
Laxmikant Shukla, a technical research analyst at Yes Securities, observed that the stock reversed its decline last Monday, reflecting its strength. Based on this, the target price can be set at ₹80, with a stop-loss at ₹65, which Suzlon also achieved yesterday.
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| Expert/Organization | Rating | Target Price (₹) | Stop-Loss (₹) | Comments |
|---|---|---|---|---|
| Sachitanand Uttekar, Tradebulls Securities | Buy | 95 – 115 | 62 | Breakout from 11-year accumulation zone; Maintain long positions above ₹62 on a weekly basis. |
| Jigar S. Patel, Anand Rathi Securities | Buy | 80 | 61 | Stock is holding its support zone at ₹65; Target achieved on the previous day. |
| Shiju Kuthupalakkal, Prabhudas Lilladher | Buy | 82 | 71 | Strong momentum on the daily chart; Suitable for buy-on-dips strategy. |
| Laxmikant Shukla, Yes Securities | Buy | 80 | 65 | Stock reversed its decline, indicating strength; Target achieved on the previous day. |
FAQs
What is the target price for Suzlon Energy?
The target price for Suzlon Energy could be ₹147.98 by 2025, ₹209.76 by 2026, ₹273.40 by 2027, ₹346.54 by 2028, ₹415.34 by 2029, and ₹487.43 by 2030.
What should be the stop-loss for investing in Suzlon Energy?
According to experts, the stop-loss for investing in Suzlon Energy should be between ₹61 and ₹71.
What is the future outlook for Suzlon Energy?
Suzlon Energy’s future looks promising due to its strong financial performance and new investments, leading to a rise in its stock price.
Why has Suzlon Energy’s stock surged?
The surge in Suzlon Energy’s stock is attributed to its improved revenue and net profit in the first quarter of the fiscal year 2025 and the announcement of its 76% stake acquisition in Renom.
What could be Suzlon Energy’s share price by 2025?
Experts suggest that Suzlon Energy’s share price could reach ₹147.98 by 2025.
Final Take Away
Considering the surge in Suzlon Energy’s stock and its future goals, this stock could be an attractive option for investors. Given the company’s financial performance and expert opinions, Suzlon Energy’s stock is likely to cross the ₹100 mark. Investors should carefully consider expert advice and proceed with caution.
