You can also check our analysis of - Sahaj Fashions Ltd - LINK
Suzlon Energy Hit 52-Week High on Back of Large Trade
Suzlon Energy hit a 52-week high of Rs 25.85 on August 29, 2023, on the back of a large trade worth Rs 232 crore. The article also quotes an analyst from Tips2trades who says that the stock is bullish but also overbought on the Daily charts. He recommends investors book profits at current levels or hold till Daily support of Rs 20.7 is broken on a closing basis. Below Rs 20.7, the next support will be at Rs 17.
The article does not mention any specific reasons for the surge in Suzlon Energy’s stock price. However, it is possible that the recent rally is due to a combination of factors, such as the improving performance of the company’s wind turbine business, the rising demand for renewable energy, and the overall positive sentiment in the stock market.
Whether or not you should buy Suzlon shares is a decision that you will need to make based on your own financial situation and risk tolerance. However, the analyst’s advice is a good starting point. If you are considering buying Suzlon shares, I would recommend doing your own research and consulting with a financial advisor before making a decision.
Here are some additional things to consider before buying Suzlon shares:
- The company’s financial performance: Suzlon Energy has been struggling financially in recent years. The company has reported losses for the past two years and has a high debt burden.
- The competitive landscape: Suzlon Energy faces stiff competition from other wind turbine manufacturers, such as Vestas and Siemens Gamesa.
- The regulatory environment: The renewable energy sector is subject to government regulations, which could impact the company’s future prospects.
Some common questions with answers:-
- Is Suzlon Energy share a good investment?
Whether or not Suzlon Energy shares are a good investment depends on your individual investment goals and risk tolerance. The company has been struggling financially in recent years, but there are some positive signs that the company is turning around. The renewable energy sector is also growing, which could benefit Suzlon Energy in the long term.
- What are the pros and cons of investing in Suzlon Energy shares?
Here are some of the pros and cons of investing in Suzlon Energy shares:
Pros:
- The company is a leading wind turbine manufacturer in India.
- The renewable energy sector is growing, which could benefit Suzlon Energy in the long term.
- The company has recently received some positive news, such as a significant order for a wind energy project.
Cons:
The company has been struggling financially in recent years.
The company has a high debt burden.
The company faces stiff competition from other wind turbine manufacturers.
What is the future outlook for Suzlon Energy share?
The future outlook for Suzlon Energy share is uncertain. The company has been struggling financially in recent years, but there are some positive signs that the company is turning around. The renewable energy sector is also growing, which could benefit Suzlon Energy in the long term. However, there are also some risks to consider, such as the company’s high debt burden and stiff competition.
- What are the latest news and developments for Suzlon Energy share?
Some of the latest news and developments for Suzlon Energy share include:
The company recently received a significant order for a wind energy project worth Rs 2,000 crore.
The company has appointed a new CEO, who is expected to help turn the company around.
The company is planning to raise funds to reduce its debt burden.
How to buy Suzlon Energy shares?
You can buy Suzlon Energy shares through a stockbroker. You can find a list of stockbrokers in India on the website of the Securities and Exchange Board of India (SEBI).
- Where to buy Suzlon Energy shares?
You can buy Suzlon Energy shares on the stock exchanges in India, such as the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
- What is the minimum investment amount for Suzlon Energy shares?
The minimum investment amount for Suzlon Energy shares varies depending on the stockbroker. However, it is typically around Rs 1000.
- How to sell Suzlon Energy shares?
You can sell Suzlon Energy shares through the same stockbroker that you used to buy it.
- What are the risks of investing in Suzlon Energy shares?
There are some risks to consider before investing in Suzlon Energy shares, such as:
The company has been struggling financially in recent years.
The company has a high debt burden.
The company faces stiff competition from other wind turbine manufacturers.
The renewable energy sector is still a relatively new industry, and there is some uncertainty about the future growth of the market.
How to evaluate Suzlon Energy’s share?
There are a number of factors to consider when evaluating Suzlon Energy’s share, such as:
- The company’s financial performance
- The competitive landscape
- The regulatory environment
- The future outlook for the renewable energy sector
- The company’s management team
It is important to do your own research before investing in any stock, including Suzlon Energy shares. You should consult with a financial advisor to get personalized advice.
Join our Telegram Channel
📲 Click on the link below to join:
🚀 Stay updated with the latest market trends and insights. 📈📊
In Hindi –
सुजलॉन एनर्जी ने 232 करोड़ रुपये के बड़े सौदे के बाद 29 अगस्त 2023 को 52 सप्ताह के उच्च स्तर 25.85 रुपये को छुआ।
लेख में एक टिप्स2ट्रेड्स विश्लेषक का भी हवाला दिया गया है, जो कहते हैं कि स्टॉक बुलिश है लेकिन दैनिक चार्टों पर ओवरबोल्ड भी है। वह निवेशकों को वर्तमान स्तरों पर लाभ बुक करने या दैनिक समर्थन 20.7 को समापन आधार पर तोड़ने तक इंतजार करने की सलाह देता है। 20.7 से नीचे, अगला समर्थन 17 रुपये होगा।
लेख में सुजलॉन एनर्जी के शेयर की तेजी के किसी भी विशिष्ट कारण का उल्लेख नहीं है। हालांकि, यह संभव है कि हालिया तेजी कंपनी के पवन टरबाइन व्यवसाय के बेहतर प्रदर्शन, नवीकरणीय ऊर्जा की बढ़ती मांग और स्टॉक बाजार में सकारात्मक धारणा के संयोजन के कारण हो।
सुजलॉन के शेयर खरीदने या न खरीदने का निर्णय आपको अपने वित्तीय विवरण और जोखिम सहिष्णुता के आधार पर करना होगा। हालांकि, विश्लेषक की सलाह एक अच्छा starting point है। यदि आप सुजलॉन के शेयर खरीदने पर विचार कर रहे हैं, तो मैं आपको अपना स्वयं का शोध करने और निर्णय लेने से पहले एक वित्तीय सलाहकार से परामर्श करने की सलाह देता हूं।
सुजलॉन के शेयर खरीदने से पहले विचार करने योग्य कुछ और बातें हैं:
- कंपनी का वित्तीय प्रदर्शन: सुजलॉन एनर्जी को पिछले कुछ वर्षों में वित्तीय रूप से संघर्ष करना पड़ा है। कंपनी ने पिछले दो वर्षों में घाटा दर्ज किया है और भारी कर्ज में है।
- प्रतिस्पर्धी परिदृश्य: सुजलॉन एनर्जी को वेस्टस और सीमेंस गमेसा जैसी अन्य पवन टरबाइन निर्माताओं से कड़ी प्रतिस्पर्धा का सामना करना पड़ता है।
- नियामक वातावरण: नवीकरणीय ऊर्जा क्षेत्र सरकार के नियमों के अधीन है, जो कंपनी के भविष्य के परिदृश्य को प्रभावित कर सकता है।
