Suzlon Energy’s Share was trading at ₹56.93 at 2:18 PM on March 27, 2025. The stock opened at ₹57.11, compared to its previous closing price of ₹57.43. So far, it has hit a high of ₹57.94 and a low of ₹56.44 during today’s trading session.
Overview of Contents
Suzlon Share Target Price: ₹71 by Geojit Financial Services
Geojit Financial Services has given a buy call on Suzlon Energy, setting a target price of ₹71. This means they expect the stock to rise by nearly 25% from its current levels. It has a strong financial performance, improving fundamentals, and robust growth outlook. Suzlon reported a remarkable 91.27% year-on-year increase in revenue for Q3 FY25, reaching Rs 3,002.36 crore, demonstrating significant business expansion. The company also reported a net profit after tax (PAT) of Rs 387.76 crore, reflecting its ability to generate higher earnings.
A key factor behind Geojit’s optimism is Suzlon’s anticipated order inflows and the expansion of its Commercial & Industrial (C&I) portfolio. The brokerage believes that despite execution challenges, such as transmission delays and land-related issues, Suzlon’s deliveries remain strong.
Furthermore, the company’s PAT is expected to grow at a compound annual growth rate (CAGR) of 30% through FY27, reinforcing confidence in its long-term potential. Geojit also acknowledges Suzlon’s leadership in India’s renewable energy sector and expects the company to benefit from favorable government policies and the increasing demand for wind energy solutions. These factors contribute to Geojit’s decision to assign a target price of Rs 71 for Suzlon Energy.
What is Geojit Financial Services
Geojit Financial Services is an Indian financial services company that provides a range of investment solutions, including stockbroking, mutual funds, portfolio management, and financial advisory services. It was founded in 1987 and is headquartered in Kochi, Kerala. Geojit is known for its expertise in retail and institutional broking, research-based investment recommendations, and wealth management services.
The company has a strong presence in India and serves a wide customer base, offering trading platforms, investment tools, and financial planning services. Geojit is backed by prominent stakeholders, including BNP Paribas (a major French banking group), which holds a significant stake in the company.
Strong Financial Performance
- Suzlon reported a 91.27% YoY revenue growth in Q3 FY25, reaching ₹3,002.36 crore.
- Net profit (PAT) stood at ₹387.76 crore, showing solid earnings growth.
- The company’s revenue grew 41.54% compared to the previous quarter.
Shareholding Pattern
- Promoters hold 13.25% of Suzlon’s shares.
- Foreign Institutional Investors (FIIs) own 22.87% of the company.
- Domestic Institutional Investors (DIIs) have a 7.33% stake.
Should You Buy Suzlon Stock?
With its solid financial growth, strong order pipeline, and bullish target of ₹71, Suzlon looks like a potential investment opportunity. However, investors should also consider the execution challenges before making a decision.