Suzlon Energy Limited Target Price: Shares of Suzlon Energy Limited have seen an increase of 4 percent today. After this increase, Suzlon Energy’s share price on BSE was Rs. has reached the level of 56.49. The company’s shares managed to reach this level for the first time since 2010.
Contents
- 1 Shares of Suzlon Energy rose for the fifth consecutive day
- 2 Last month, the company received a large order
- 3 What are the experts’ opinions?
- 4 Year 2024 is good for investors
- 5 (This is not investment advice. Opinions of experts presented here are personal. Always consult experts before making any investment in stock market.)
It has been a great week for Suzlon investors. The company’s shares have risen for the fifth consecutive day. This week, the company’s share price has seen an increase of 6.5 percent.
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Last month, the company received a large order
Suzlon Energy received a large order in June. The company received 103.95 MW of work from MPIN Energy on June 11. Earlier in the last week of May, the company had received work from Juniper Green, Aditya Birla Group and Oyestes Green Hybrid.
What are the experts’ opinions?
According to a report by CNBC TV18, 5 experts tracking Suzlon Energy have given it a buy recommendation. ICICI Securities and Morgan Stanley respectively contributed Rs. 60 and Rs. A target price of 58.5 has been set. Currently, the shares of the company are trading at the same level.
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Year 2024 is good for investors
It has been a great year so far for domestic investors in Suzlon Energy. The company’s share price has increased by 47 percent in 2024. Let us tell you that the company has a 52-week high of Rs.56.45 and a 52-week low of Rs.56.73 in the stock market. Shares of the company hit a 52-week high today. Suzlon Energy has a market cap of Rs. 75,618.11 crores.