Subscribe Now

Expert Predictions for Suzlon Energy – Decline Expected in August

पोस्ट को फेसबुक, ट्विटर या पिंटरेस्ट पर शेयर करने के 20-20 प्वाइंट

Last updated on August 7th, 2024 at 06:11 pm

5/5 - (1 vote)

Expert Predictions for Suzlon Energy: Significant Drop in Weekly Closing- The stock market faced a significant shock on the last trading day of the week. The decline in Sensex and Nifty 50 has raised concerns about a potential major drop in the stock market.

व्हाट्सप्प चैनल या व्हाटप्प ग्रुप में दिए गए कूपन कोड को डालें -

You need to log in to redeem a coupon.

Not only did Sensex and Nifty 50 see declines at the end of the week, but major energy companies like Adani Green Energy also closed lower. However, Suzlon Energy‘s stock closed with a gain of more than four percent.

Expert Predictions for Suzlon Energy

Surge in Suzlon Energy Stock

Suzlon’s shares fell more than 4% to close at ₹67.98 on August 1. However, on the weekly closing day, August 2, the stock opened at ₹67.30. Within a few minutes of opening, by 9:25 AM, the stock had reached ₹70.56.

Although there was a slight decline afterwards, with the stock dropping to ₹69.40, it soon recovered significantly, closing at ₹71.37. This price is also the 52-week high for the stock. This rise indicates a 4.99% increase from opening to closing.

Also Read: What is the Next Target of IREDA and NTPC? Expert Opinions and Key Information

Market Experts’ Opinion on Suzlon Energy

Recently, Suzlon Energy’s stock has seen a rise. Market experts and brokerage firms have shared their views on this. Nuama Institutional Equities had set a target price of ₹64 for Suzlon Energy, which has already been achieved. Nuama mentioned that with an annual capacity of 2 gigawatts, the company is well-positioned to meet the demand for leading EPC and repowering, aiding future expansion.

Historical Decline in Suzlon Energy

July was a good month for Suzlon Energy, with the stock increasing by more than 30%. However, a decline is expected in August. Over the past 18 years, the stock has underperformed in August for 14 years. Stock market expert Sachit Anand Uttarkar mentioned in a media interaction that Suzlon’s stock has shown a decline in August over the past few years. In 2011, the stock fell by more than 30% in August, but this decline has reduced in the last two to three years.

Also Read: 500% Profit in One Year: Multibagger Big Profit for Investors in the Rapidly Growing Shakti Pumps Shares

Warning from National Stock Exchange to Suzlon Energy

Sachit Anand Uttarkar revealed on CNBC Awaaz that the National Stock Exchange issued a warning letter to Suzlon Energy for violating regulations. This news could put pressure on the stock.

Performance of Suzlon Energy’s Stock

Time PeriodPerformance (%)
5 Years1480.24%
3 Years953.49%
1 Year243.89%
6 Months46.85%
3 Months71.1%
1 Month34.55%
Last 5 Days13.86%
  • Market Cap: ₹91,959.39 crore
  • Share Price: ₹71.37
  • 52-Week High: ₹71.37
  • 52-Week Low: ₹17.70

Future of Suzlon Energy

The future of Suzlon Energy is filled with uncertainties. Although the company has performed well recently, the potential decline in August and the warning from the National Stock Exchange mean investors should remain cautious.

Also Read: These 3 Green Energy Stocks Under 25 are Delivering Impressive Returns

Key Points

  • Significant drop in weekly closing
  • 4.99% increase in Suzlon Energy’s stock
  • Positive opinions from market experts
  • Expected decline in August
  • Warning from the National Stock Exchange

Thus, Suzlon Energy’s performance will depend on several critical factors, helping investors make informed decisions.


Subscribe Now

पोस्ट को फेसबुक, ट्विटर या पिंटरेस्ट पर शेयर करने के 20-20 प्वाइंट

John Doe is a renowned author and expert in Finance Related Content Writing & Lottery Result writing, with years of experience demystifying the world of stock market & lotteries. His insightful guides and strategies have helped countless readers understand and navigate the complexities of stock market & lottery systems. John’s engaging writing style and in-depth knowledge make him a trusted source for both novice and seasoned finance enthusiasts.

2 thoughts on “Expert Predictions for Suzlon Energy – Decline Expected in August”

  1. Pingback: These 5 Mutual Funds are Giving Bumper Returns, Your Money Could Double in Just 1 Year!
  2. Pingback: Should You Invest in Suzlon Energy? Expert Opinions and Future Prospects

Leave a Comment