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Jaswanth Jegan

Stealth • 6m

Suzlon Energy next Multibagger? Recently I bought Suzlon energy for a swing trade and booked partial profits and decided to hold the remaining stocks for long term because I strongly believe Renewable energy is the future. Suzlon is India's leading renewable energy solutions provider offering a 360-degree total solutions package to its customers that covers the entire spectrum of wind energy projects. Reasons why I decided to hold: 1.Renewable Energy is the future 2.Promoters released their pledge against Shares 3.Company Reduced Borrowings from 13k Crore to 150 crores in 4 years 4.FII stakes went up from 4% to 20% in 4 years 4.Order Book is larger than ever indicating demand for renewable energy Share your views on Suzlon Energy

17 replies11 likes

Replies (17)

LIKHITH

Stealth • 6m

So it's a green flag!!?

1 replies1 like

Anonymous 6

Stealth • 6m

From a technical perspective, Suzlon has shown some good momentum. If you’re in it for the long haul, make sure to check their financial health periodically.

1 replies1 like

Anonymous 5
•

Wipro • 6m

Yes, they got a 5000cr deal from the govt, since then they have shown great results.

1 replies1 like

Anonymous 4

Stealth • 6m

they’re making all the right moves now. Renewable energy policies and government support can also play a huge role in its growth. Keep an eye on any policy changes or incentives for renewable energy in India.

1 replies1 like

Anonymous 2

Stealth • 6m

Suzlon's turnaround story is impressive. Reducing debt so drastically shows strong management and financial discipline. Plus, the growing order book is a good sign of future revenue. I’d say keep a close watch on their quarterly results to ensure they continue on this positive trajectory.

1 replies

Anonymous 1

Stealth • 6m

Bro, I’ve actually missed out a lot on them. They were in single digit. In around 2021. Something around 9 rupees. Their financials were fucked since 2020. From the last quarter of 2021, they started turning around completely. Highly recommended.

1 replies2 likes

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