ilmscore | Suzlon Energy Ltd | Stocks in Focus 2024 | CA Rachana Ranade

Suzlon Energy Ltd | Stocks in Focus 2024 | CA Rachana Ranade

Published: 2024-01-13
Status: Available | Analyzed

Predictions from this Video

Total: 7
Correct: 0
Incorrect: 0
Pending: 7
Unrated: 0
Prediction
Topic
Status
The Ministry of New and Renewable Energy (MNRE) aims to reach 100 gigawatts of wind energy installations by the year 2030.
"MNRE that is Ministry of New and Renewable Energy they have set a target of 100 gigawatts of wind energy installations by 2030."
Wind Energy Installations Target
Pending
Approximately 8 gigawatts of wind energy installed capacity needs to be added annually to meet the 2030 target.
"so roughly 8 gigawatts of installed capacity of wind energy needs to be added per year"
Annual Wind Energy Installation Requirement
Pending
Suzlon's current order book suggests they can maintain their Wind Turbine Generator (WTG) segment revenue for the next three years without securing new orders.
"that considering the current run rate the company can generate the same level of Revenue in the wtg segment for the next 3 years even if they don't get any fresh orders."
Suzlon Order Book Projection
Pending
Suzlon underwent debt restructuring in 2016 and 2020, during which its debt was converted into equity.
"in 2016 and in 2020 they underwent restructuring again where the debt component got converted into Equity"
Suzlon's Debt Restructuring and Conversion
Pending
As of September 25, 2023, Suzlon's credit rating has been upgraded to BBB+ by CRISIL, indicating a positive outlook.
"as per the latest report that is 25th September 2023 you can see that their rating they have given is Triple B positive which is a good sign for the company."
Suzlon's Credit Rating Upgrade
Pending
Based on technical analysis of the 'rounding bottom' pattern, the stock price could potentially reach around 50 rupees.
"if I were to just understand how much is this height and if I were to add it up here you can understand that this level would come somewhere around 50 rupees"
Suzlon's Stock Price Potential (Technical Analysis)
Pending
Historical resistance levels from 2010 suggest a potential ceiling for Suzlon's stock price around 53 rupees.
"you can see back in 2010 this is where the stock had seen some resistance and this level also still comes somewhere around 53 rupees"
Suzlon's Stock Price Resistance (Technical Analysis)
Pending