Will Suzlon become next Multibagger Stock?

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Suzlon Energy Limited is an Indian multinational company that mainly focuses on wind energy. The project is being developed and currently owned by Adani Green Energy with Stake.

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Suzlon's shares have seen a lot of growth in the last few months. 3 months: +68.66% 6 months: +77.14% 1 year: +245.98% 3 years: +141.4%

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Suzlon shares are seeing a boom due to better balance sheet health, regulatory tailwind and strong order book boost in the renewable energy sector.

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The total turnover of Suzlon in the year 2023 was Rs 5990 crore and in the year 2022, it was Rs 6604 crore.

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Suzlon shares have been trading at its lowest level for the last several years. – Debt restructuring – loss of profit – Government policies regarding renewal – State of Wind Energy Industry

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If we talk about Suzlon shares for 2025-2030. it is estimated that its returns in future will not be very good rather its price is likely to remain lower than the current trade.

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