Suzlon Energy Limited is one of India’s leading wind power companies, which have recently been in the news. The company has seen a significant increase in its shares, which is a good news for investors. In this article we will give detailed information about Suzlon Energy, analyze performance in its stock market, and discuss the company’s future prospects.
Suzalon Energy has recently made several important announcements, including new orders, improvement in financial performance, and supporting government policies. All these factors are affecting the share price of the company and attracting the attention of investors. Let us investigate this exciting development deeply and understand what it matters to the renewable energy sector of India.
Introduction to Suzlon Energy
Suzlon Energy Limited is an Indian wind power equipment manufacturer, established in 1995. The company specializes in the design, development, construction and installation of Pawan Turbine and related services. Suzalon’s headquarters is located in Pune, Maharashtra, and has operations in many countries worldwide.
Brief description of Suzlon Energy
Description | Information |
Year of installation | 1995 |
Headquarters | Pune, Maharashtra |
Major business | Pawan Turbine Construction and Services |
global presence | In 18 countries |
Total established capacity | More than 19.3 GW |
Number of staff | About 5,000 |
Stock exchange | Listed on BSE and NSE |
Major competitor | Westas, Siemens Games, GE Renewable Energy |
Latest news of Suzlon share
Suzlon Energy shares have performed remarkable in recent times. Many factors have contributed to this growth:
- New Order: The company has recently received several major orders, including a 287.60 MW project.
- Financial Performance: Suzlon has shown improvement in its financial results, which has increased the confidence of investors.
- Government policies: The policies of promoting renewable energy of the Government of India have positively affected the company’s business.
- Technical innovation: Suzlon has included new techniques in its products, which makes them competitive in the market.
- Global recognition: The company has been recognized internationally, which has increased its reputation.
Suzalon share market performance
Suzlon’s share price has seen a lot of ups and downs in recent months. Here are some major figures:
- 52-week high: ₹ 21.60
- 52-week’s following: ₹ 6.65
- Current Price: ₹ 19.85 (as per final update)
- Market Cap: ₹ 24,224 Crore
This increase in the share price shows the company’s strong business performance and future prospects.
Future prospects for Suzlon Energy
The future for Suzlon Energy is seen to be bright. Some factors that can affect the company’s development:
- Increased importance of renewable energy: The importance of renewable energy in the fight against climate change is increasing worldwide.
- Government Support: The Government of India has targeted 500 GW renewable energy capacity by 2030, providing opportunities for companies like Suzalon.
- Technological progress: Continuous improvement in wind power technology is decreasing production costs, making it more competitive.
- International expansion: Suzlon is expanding its global footprint, providing opportunities in new markets.
Suzlon Energy Financial Performance
Suzlon Energy has shown improvement in its financial performance in recent years. Here are some major financial figures:
- Revenue: ₹ 6,519.95 crore in FY 2022
- Pure benefits: ₹ 295.46 crore in FY 2022
- Ebitda margin: 16.8%
- Debt-equity ratio: 0.86
These figures show that the company is strengthening its financial situation and improving profitability.
Rejuvenation: This article is only for informative purposes and should not be taken as financial advice. Before taking any decision in relation to Suzlon Energy shares or any other investment, readers should consult their financial advisor. The information given in the article was correct at the time of writing, but changes may occur over time. Writers or publishers are not responsible for any damage or damage caused by the use of this information.