Suzlon Energy Share: 25% in a year and 340% returns in 2 years, now the company gets another 170 MW order – Suzlon Energy Share Jumps 25 Percent in One Year 340 Percent in 2 Years HAS NOS NOT COMPANY HAS NOT CHICURED SUCURED SUCCURED SUCCURERED 170 MW Project Buy Sell or Hold

The stock of Renewable Energy Sector company Suzalon Energy has seen a rise of 340 percent in the last 2 years and more than 25 percent in a year. There is a scope for climbing it. Perhaps this is the reason why the number of Retail Investors of Suzlon has increased to more than 56 lakhs. The company told the stock markets on Friday, June 20 that it received a third order from Ampin Energy Transition. It is for 170.1 MW Project in Kurnool, Andhra Pradesh.

Under the new order, Suzlon will supply its 54 advanced S144 wind turbine generators and hybrid latis towers. Each has a rated capacity of 3.15 mw. Under the contract, the full execution of the project from equipment supply and installation to commissioning and long term operations and maintenance services will be included. Suzalon has been ordered 303 MW to order.

1500 percent stronger in 5 years

On June 20, Suzlon Energy’s stock rose 1.26 percent on BSE to close at Rs 63.30. The company’s market cap is more than Rs 86600 crore. The stock has increased by 1500 percent in 5 years. At the same time, 5 percent in 1 month and 8 percent in 3 months has increased. However, it has also seen a weakness of 2 percent in a week. In the year 2025, the price has hit 3 percent so far. Suzlon’s stock has a 52 -week high level of Rs 86.04 on BSE, which was created on 12 September 2024. The 52 -week low of Rs 46 was seen on 7 April 2025.

There was a heavy block deal in Suzlon on 9 June. Promoters of the company sold 19.8 crore shares. Under this block deal of more than ₹ 1300 crore, shares were transacted at an average price of ₹ 66.05. Major Institutional Buyers included Goldman Sachs, Motilal Oswal, Society General, ICICI PRUDENIAL and Bandhan Mutual Funds.

What expects brokerage from share

In early June, Brokerage Motilal Oswal gave a target price of Rs 83 per share with a ‘bye’ rating for Suzlon’s share. The march of the brokerage company is happy with the quarter results. The company had 38% higher than the expectations of Ebitda brokerage. ICICI Securities has also kept a target price of Rs 76 with ‘bye’ rating. Brokerage firm JM Financial has fixed the target price of Rs 81 per share by giving the stock a BUY rating.

How were the results of March quarter

Suzlon Energy had a net profit of ₹ 1,182 crore in the January-March 2025 quarter. This is 365 percent more than ₹ 254 crore more than a year ago. The company’s revenue rose 73.2% to ₹ 3,773.5 crore during the quarter. Ebitda increased from Rs 340.4 crore a year ago to Rs 677 crore in the March 2025 quarter. The Ebitda margin increased from 15.6 percent to 17.9 percent. At the same time, in the entire financial year 2024-25, the company earned ₹ 10,851 crore, which is 67% more than the previous year.

Disclaimer: Advice or idea experts/brokerage firms given on Moneycontrol.com have their own personal views. The website or management is not responsible for this. Moneycontrol advises to users that always seek the advice of certified experts before taking any investment decision.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *