Suzlon Energy Share Price: Suzlon Energy share price is currently ₹38.65 as of November 13, 2023. The share price has been on a upward trend in recent months, from Rs. 8 to Rs. Rs. 38 in past 6 months. Company delivered ROE of 259.2% in year ending 31 Mar, 2023 outperforming its 5 year avg. of 5.57%. (Source: Consolidated Financials)
Important Facts about Suzlon Energy Share
Suzlon Energy is a leading wind turbine manufacturer in India. The company has a strong presence in the domestic market, with over 10,000 MW of installed capacity. The company also has a presence in international markets, with projects in over 20 countries.
Suzlon Energy’s share price is volatile and has a high beta (1.80), which means that it is more sensitive to market movements than the broader market.
The company has a debt-to-equity ratio of 0.41, which is considered high. This could be a concern for investors, as it indicates that the company has a lot of debt on its balance sheet.
Suzlon Energy’s share price is currently undervalued, with a P/E ratio of 92.44, which is lower than the industry average. This could be an opportunity for investors who believe that the company’s stock price will recover in the future.
Conclusion
Suzlon Energy is a leading wind turbine manufacturer in India with a strong presence in the domestic market. The company’s financial performance has been under pressure due to a decline in the wind energy sector. However, the company’s share price is currently undervalued, which could be an opportunity for investors who believe that the company’s stock price will recover in the future. Also read: L2 Startups to Invest in 2024 Crypto Bull Run
Disclaimer
Please note that this is not financial advice. Investors should conduct their own research before making any investment decisions.
