Suzlon share price target 2022 | Penny Stock to buy | Multibagger Stocks – Is Suzlon Energy Ltd, a good buy for Long Term Investments?
Last Update: 07 May 2022
Suzlon share price target 2022
Today’s good Stock Pick is Penny share Suzlon Energy Ltd, a Candidate of Long Term buys at current levels.
Fundamental Analysis of Suzlon Energy Ltd
In FY22, Dec 2021 Quarterly results coming is with Turnaround good data. Sales increase by 68.6% and Net profit is coming in this Quarter at ₹37.69 Cr from a loss of ₹-117.07 Cr of the previous Year Dec 2020.
Technical Analysis of Suzlon Energy Ltd
Suzlon share price made high @ ₹ 459 in January 2008, after that due to bad fundamental data of the company, it came down and made a low @ ₹ 1.70 in March 2020. Then started again moving upside and made high @ 13.1 on 18th January 2022 and Recently Suzlon share price is @ ₹ 9.40.
Today 28th February 2022, in the weekly chart of Suzlon Energy Ltd, the price is trying to push up the strength with good Dec 2021 quarter fundamental data. The weekly chart gives a good indication of HH-HL pattern formation. Price will only become Weak below ₹6. Any close above ₹12 marks will make more confirmation about Uptrends.
The overall short-term outlook from Fundamental data is very good and Technical Analysis also indicates of Bullishness of the stock.
Suzlon share price target 2022: If you can hold for long-term Investments, then this is a good time for investment @ ₹9.5 and add more above ₹12. Suzlon share price target 2022 likely to touch Minimum up to ₹16 – higher side can touch ₹22 till 2022 Ends.
An Investor can buy, Suzlon Energy Ltd share at the Current price @ ₹9.5 and also at all dips to ₹8 – ₹7.
Suzlon Stock Can touch ₹100, Read Here in details – Hindi
> Suzlon share price target 2022, 2023, 2025, 2030 – टर्न@ Penny शेयर
This post will be Updated, when any change in the Future data of Suzlon Energy Ltd.
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