65.4200 -0.90 (-1.36%)
NSE May 29, 2025 15:31 PM
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Suzlon Energy Ltd.
17 Mar 2015
65.42
-1.36%
HDFC Securities
Having faced multiple crises over FY09-14, we believe Suzlon is on the cusp of a turnaround. It has aggressively reduced debt from its heavily levered balance sheet by divesting its German subsidiary Senvion (for Euro 1bn) and via a preferential issue of Rs 18bn to Dilip Shanghvi and Associates (DSA).
Suzlon Energy Ltd. has an average target of 63.67 from 3 brokers.
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