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Confused Supriya! Should I Invest in Suzlon Energy?

Milind

Milind Vadjikar  |783 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Nov 10, 2024

Milind Vadjikar is an independent MF distributor registered with Association of Mutual Funds in India (AMFI) and a retirement financial planning advisor registered with Pension Fund Regulatory and Development Authority (PFRDA).
He has a mechanical engineering degree from Government Engineering College, Sambhajinagar, and an MBA in international business from the Symbiosis Institute of Business Management, Pune.
With over 16 years of experience in stock investments, and over six year experience in investment guidance and support, he believes that balanced asset allocation and goal-focused disciplined investing is the key to achieving investor goals.... more
Asked by Anonymous - Nov 10, 2024Hindi
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Money

what will be the future of Suzlon energy ? What will be the target price of this stock for next five years?

Ans: Hello;

The debt restructuring exercise at Suzlon has been successful and it is showing in the numbers as well as stock price.

However the run-up in the stock on the news of debt reduction + improving numbers has been phenomenal, from a low of 1.51 in Mar-20 to high of 86.04 in Sep-24, a 57X rise over 4 years.

Long-term (10 years +)future of Suzlon looks promising however in the short to medium term(1-5 years) we do not expect any significant run-up in stock price.

We cannot provide any price targets.

Do your due diligence and seek help from an investment advisor or a research analyst before making investment.

Happy Investing;
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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