Suzlon Shares: Is it Time to Buy, Sell, or Hold?

Suzlon Shares
Published on
Suzlon

Suzlon Opens with Weak Sentiment: Suzlon share price opened today at Rs. 60.16, slightly higher than its previous close of Rs. 59.85 at press time, according to TradingView real-time updates. However, the stock soon slipped into negative territory, currently trading at Rs. 58.74, reflecting a loss of 1.85%. With a high of Rs. 60.24 and a low of Rs. 58.70 in today’s session, the trading sentiment shows pressure on the counter despite active participation from investors.

Trading Activity and Market Position

Trading Activity and Market Position: The stock witnessed strong trading volumes with 3.35 crore shares exchanged, amounting to a total value of Rs. 19,698.40 lakh. Suzlon shares' average 20-day trading volume stands at 8.02 crore shares, highlighting moderate delivery at 39.3%. With a market capitalization of Rs. 80,510 crore, Suzlon continues to stay among the prominent players in India’s renewable energy sector.

Long-Term Price Performance

Long-Term Price Performance: Suzlon stock's long-term journey reflects extreme highs and lows. The company once touched an all-time high of Rs. 459.80 before slipping to an all-time low of Rs. 1.70. Over the past 52 weeks, Suzlon stock has seen a high of Rs. 86.04 and a low of Rs. 46.15. Currently, at Rs. 58.74, the share trades in the lower mid-range of this band, signaling consolidation after sharp movements.

Valuations and Financial Metrics

Valuations and Financial Metrics: Suzlon currently trades with a trailing twelve-month EPS of Rs. 1.53, marking 142.17% year-on-year growth. Its trailing PE ratio stands at 38.39, which is significantly lower than the sector PE of 50.78, indicating relative undervaluation. The company’s price-to-book value (P/B) ratio is 17.86, compared to a book value per share of Rs. 3.29, showing premium investor expectations.

Technical Indicators and Support Levels

Technical Indicators and Support Levels: On the technical front according to Moneycontrol data, Suzlon shares have a pivot point around Rs. 59.80, aligning with today’s close levels. Resistance levels are marked at Rs. 60.40, Rs. 60.95, and Rs. 61.55, while support is expected at Rs. 59.25, Rs. 58.65, and Rs. 58.10. Its VWAP for the session is Rs. 59.43, suggesting mild selling pressure but within a defined trading band for short-term investors.

Analyst Ratings Suggest Optimism

Analyst Ratings Suggest Optimism: Based on nine analyst reviews on Moneycontrol, Suzlon carries a highly optimistic outlook. Nearly 78% of analysts recommend a ‘Buy’ rating, while the remaining 22% suggest ‘Outperform.’ There are no ‘Sell’ calls reported, which underlines strong investor faith in Suzlon’s turnaround story, clean energy positioning, and growing revenue potential from India’s renewable energy push.

Should You Invest in Suzlon Now

Should You Invest in Suzlon Now? : At Rs. 58.74, Suzlon shares trade at an attractive entry point compared to their 52-week high. With strong analyst ratings, improving financial metrics, and India’s focus on renewable energy, Suzlon appears to offer significant upside for long-term investors. However, short-term volatility, premium valuations, and high beta of 1.43 suggest caution for traders looking at quick gains. Investors may consider a staggered buy approach to balance risk and reward.

Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp

Related Stories

No stories found.
logo
Analytics Insight: Latest AI, Crypto, Tech News & Analysis
www.analyticsinsight.net