Suzlon Energy Limited has once again caught the attention of the stock market. With varied opinions from brokerage firms, Suzlon (NSE: SUZLON) shares have become a topic of discussion among investors. Here’s an analysis of the recent recommendations and Suzlon’s financial performance.

 

Brokerage Recommendations on Suzlon Shares 🧐

 

Ventura Brokerage Firm
Ventura has issued a SELL rating on Suzlon, setting a target price of ₹50. This conservative outlook has raised concerns among investors. As of November 4, 2024, Suzlon shares traded at ₹66.2, down 2.77%.

JM Financial Brokerage Firm
Contrarily, JM Financial recommends a BUY rating for Suzlon, with a target price of ₹81, reflecting optimism for Suzlon’s future growth.

Nuvama Institutional Equities
Nuvama’s one-year target price for Suzlon is ₹67, indicating a cautious stance with no significant bullish signals for the long term.

 

Suzlon Shares
Suzlon Shares

 

Suzlon’s Recent Financial Performance 📊

In the second quarter, Suzlon Energy reported a consolidated net profit of ₹201 crore, a substantial increase from ₹102 crore in the previous fiscal year’s comparable quarter. The company’s revenue also saw an impressive rise to ₹2,121.23 crore, compared to ₹1,428.69 crore last year. Suzlon’s order book stands at 5.1 gigawatts, reflecting a strong demand pipeline.

 

Q2 Financial Highlights:

  • Net Profit: ₹201 crore (up from ₹102 crore YoY)
  • Revenue: ₹2,121.23 crore (up from ₹1,428.69 crore YoY)
  • Order Book: 5.1 GW, indicating future revenue potential 🔋

 

Impressive Returns Over Time 📈

Suzlon’s stock performance has delivered impressive returns across different periods:

  • Last 6 Months: +63.53%
  • 1-Year Return: +108.85%
  • 5-Year Return: +2,649.60%
  • Year-to-Date (YTD): +77.12%

 

These figures illustrate Suzlon’s capacity for high returns, making it a multibagger for long-term investors.

Important Disclaimer 📉

Investing in mutual funds and the stock market involves risks. Always seek advice from a financial advisor before making investment decisions.

 

Summary of Suzlon Share Performance 📊

Brokerage Firm Rating Target Price Key Insight
Ventura SELL ₹50 Cautious outlook, potential downside
JM Financial BUY ₹81 Optimistic, potential upside
Nuvama Institutional Neutral ₹67 No major bullish signals long-term
Time Period Return Performance Insight
Last 6 Months +63.53% Strong short-term growth
1-Year +108.85% Significant growth, multibagger status
5-Year +2,649.60% Exceptional long-term performance
YTD +77.12% Consistent returns in 2024

 

Suzlon has delivered solid returns, though brokerage opinions remain mixed. Investors should carefully assess their risk tolerance and market outlook before investing. 📈


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