Suzlon shares will go from Rs 90 to Rs 100. It will be a profitable deal for long term investors.

Suzlon Energy, India's well-known wind energy company, has been in the news in recent times for its wind mills and green energy projects. This company has been working in the field of clean energy in India for a long time and its performance is attracting investors.

stock market performance

Suzlon shares have performed well in recent months. Its stock closed at ₹57.94 on January 9, 2025, showing a consistent decline of 3.40% in the last few days. Although it saw a slight decline in the last one month, the company has given excellent returns of about 50% in the last one year.

Investors who have invested money in this company for a long time have got returns of up to 495% so far. The stock has risen nearly 1,740% in the last 5 years, making it a multibagger stock.

Big deals and projects

Recently Suzlon has won a big project of 402 MW in Rajasthan. The project is with Juniper Green Energy and will consist of the construction of 134 windmills. The capacity of each mill will be 3 MW.

Furthermore, Suzlon's market capitalization is set to reach ₹1 lakh crore in August 2024.

importance of green energy

Companies like Suzlon have a future because of the promotion of green energy by the government. With increasing investment in sectors like wind energy, solar energy and hydrogen, it is clear that the dominance of green energy companies will increase in the coming years. Suzlon's wind mills are used for energy production not only in India but across the world.

investment tips

If you want to invest in the field of green energy, then Suzlon Energy can be a better option. Experts believe that this stock can go from ₹90 to ₹100 in the coming years.

What to do?

If you can afford a little risk, this may be the right time to buy stocks. For those who have already invested, it will be beneficial to hold it.

Disclaimer: This information is for suggestion only. Be sure to consult your financial advisor before investing.