Latest Updates on Suzlon Share Price and Market Trends

Key Highlights

• Suzlon Energy Ltd is a leading renewable energy solutions provider in India, specializing in wind turbine manufacturing and services.
• The current share price for Suzlon Energy on the NSE stands at ₹59.1, reflecting ongoing market activity.
• The company has shown strong financial health, being almost debt-free with a good profit growth of 22.9% CAGR over the last five years.
• Positive market trends in the renewable energy sector are a key driver for Suzlon’s performance.
• Analysts show a strong positive outlook, with 90% recommending a “buy” on the stock.
• Key financial metrics like cash flow and project execution capabilities remain crucial for its future growth.

Introduction

Are you keeping an eye on the renewable energy sector in India? If so, Suzlon Energy is a name you’ve likely come across. As one of the country’s leading renewable energy solutions providers, Suzlon Energy Limited plays a vital role in the manufacturing and maintenance of wind turbines. Understanding its stock performance is key for anyone interested in this growing industry. This article provides the latest updates on Suzlon’s share price, market performance, and the factors shaping its future.

Real-Time Suzlon Share Price and Market Overview

What is the current share price of Suzlon Energy Ltd on the NSE? As of early November, the stock is trading around ₹59.1 on the National Stock Exchange (NSE). This figure represents a snapshot in time, as stock prices can fluctuate throughout the day based on market activity and investor sentiment.

This valuation places Suzlon Energy with a substantial market capitalization of approximately ₹80,373 crore, making it a significant player in the renewable energy equipment market. To give you a complete picture, we will explore its recent price movements and the key drivers influencing its stock.

Current Trading Levels and Recent Price Movements

Looking at recent performance, how has Suzlon share price performed over the past month? The stock has seen positive movement, delivering a return of around 6.05% over the last month. This indicates a healthy short-term interest from investors and reflects positive sentiment surrounding the company’s activities.

The company’s financial performance per quarter also offers insight into its stability and growth potential. The Earnings Per Share (EPS) is a useful metric to track this. Here is a look at Suzlon Energy Ltd’s recent quarterly EPS figures.

These figures show a steady increase in earnings per share over the recent quarters, from Rs 0.08 in Sep 2023 to Rs 0.19 by Mar 2024. This consistent growth in profitability is a positive sign for investors and often contributes to upward a share price trend, reinforcing the recent positive price movements.

How to Access Live Updates on Suzlon Stock

Where can I find live updates on Suzlon Energy’s stock price? Staying informed with real-time data is crucial for making timely investment decisions. Fortunately, there are several reliable platforms where you can track the live stock price of Suzlon Energy.

You can access the latest information from various sources. These platforms not only provide the current price but also other important details like trading volume and daily highs and lows. Consider using the following resources:

• Official stock exchange websites like the NSE and BSE.
• Financial news portals and dedicated stock tracking applications.
• Your brokerage firm’s trading platform.
• The company’s investor relations website for official announcements and disclosures.

In addition to live prices, these platforms are excellent resources for historical data. How can I check Suzlon Energy’s historical stock price data? You can use their interactive charts to analyze past performance, which helps in identifying long-term trends and making more informed decisions about your investments in Suzlon Energy.

Key Drivers Influencing Suzlon Share Price

What factors are influencing Suzlon Energy share price today? The valuation of Suzlon’s stock is not determined by a single factor but by a combination of internal and external forces. These include broad market trends in the renewable energy sector, the company’s financial health reflected in its EBITDA and cash flow, and its operational efficiency.

To help you understand whether Suzlon Energy stock is a good buy right now, the following sections will analyze these drivers more closely. We will examine the overarching market trends shaping the industry and the specific company developments that directly impact its performance and investor confidence.

Market Trends Impacting Suzlon Energy

The performance of Suzlon Energy Limited is closely tied to the broader market trends in the renewable energy sector, particularly in India. As the country pushes for cleaner energy sources, the demand for wind turbine generators has been on the rise. This creates a favorable environment for companies like Suzlon, which is a market leader in this space.

With over 20 GW of wind energy capacity installed across 17 countries, Suzlon has a strong global footprint. This extensive experience and established presence help it capitalize on the growing demand. Its inclusion in key market indices, such as the Nifty Energy and Nifty 500, further solidifies its position as a major player within the Indian industrial landscape.

The overall positive sentiment for the renewable energy industry supports the company’s growth prospects. The compiled data suggests that Suzlon is expected to report a good quarter, reflecting confidence in its ability to navigate the current market and continue its growth trajectory. These favorable market trends are a significant factor influencing its stock performance.

Company-Specific Factors and Global Developments

Beyond market trends, specific factors within Suzlon Energy Ltd itself play a crucial role. The company’s operational strengths, including project execution, infrastructure development, and power evacuation services, are fundamental to its success. Financially, Suzlon is in a strong position, being nearly debt-free and demonstrating impressive profit growth. These internal strengths build a solid foundation for investor confidence.

However, it is also important to consider potential challenges. The data points to a few areas to watch, such as an increase in debtor days and a relatively low promoter holding. While the company’s EPS has been growing, keeping an eye on these metrics provides a more balanced view of its financial health. The company manages these aspects through regular disclosures, ensuring transparency with its stakeholders.

So, is Suzlon Energy stock a good buy right now? What are analysts saying about Suzlon Energy’s target price? The sentiment from financial experts is overwhelmingly positive. An impressive 90% of analysts covering the stock have issued a “buy” recommendation. This strong consensus suggests that the professional financial community sees significant potential in Suzlon’s future, driven by its solid fundamentals and favorable position in the global market.

Conclusion

Staying updated on the latest trends and movements in Suzlon’s share price is crucial for investors looking to make informed decisions. As we’ve discussed, various factors such as market trends, company-specific developments, and global influences can significantly affect share prices. By keeping a close eye on real-time data and understanding the key drivers behind these fluctuations, you can better navigate your investment strategy. Remember, knowledge is power when it comes to investing. If you have questions or need further insights, don’t hesitate to reach out for a free consultation with our experts. Your journey toward smarter investing starts here!

Frequently Asked Questions

Where can I find Suzlon Energy’s historical stock price data?

You can find historical data for Suzlon Energy’s stock price on official stock exchange websites like the NSE and BSE. Additionally, major financial news portals and mobile stock tracking apps offer detailed charts and downloadable historical data, allowing you to analyze Suzlon’s performance over various timeframes.

Is Suzlon Energy listed on major stock exchanges?

Yes, Suzlon Energy Ltd is listed on the leading stock exchanges in India. You can find it on the National Stock Exchange (NSE) with the ticker symbol SUZLON and on the Bombay Stock Exchange (BSE) under the code 532667. The company adheres to all disclosure requirements of these exchanges.

What are analysts predicting for Suzlon share price?

Analysts have a very positive outlook on Suzlon Energy Ltd. Based on available data, 90% of analysts who cover the stock recommend it as a “buy.” This strong consensus suggests that experts believe the share price has potential for growth, supported by the company’s financial performance and improving EPS.

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