Multibagger Stock Suzlon Can Make Your 1 Lakh into 21 Lakhs

By | January 17, 2018

Power is the backbone of economic growth and welfare of many nations. India’s power sector is one of the most diversified and uses conventional sources such as coal, lignite, natural gas, oil, hydro and nuclear power.

Even India is using non-conventional sources such as the wind, solar, and agricultural and domestic waste to produce energy. Electricity demand has increased tremendously and is expected to rise in the future too.

Renewable energy is emerging as a major source of power in India. Wind energy is the largest source of renewable energy and accounts for an estimated 60 percent of total installed capacity (21.1GW). There are plans to double wind power generation capacity to 20GW by 2022. India has also raised the solar power generation capacity by five times to 100GW by 2022.

Renewables energy is growing at a great speed and it is not taken as an alternative source of energy. India is well positioned to become the global manufacturing hub for wind turbines. The sector holds the potential to generate five million jobs. The Wind is truly contributing to “Make in India’’ campaign.

About Multibagger Stock Suzlon Energy

The Suzlon Group was ranked as the world’s fifth largest wind turbine supplier. The company is extending its arms globally across Asia, Australia, Europe, Africa and North and South America. It has installed with over 22,500 megawatts (MW) of wind energy across 30 countries and a workforce of over 10,000.

Suzlon is leading the growth of the wind industry in the country lighting the lives of over 50 million Indians. It is fully committed to the development of renewable energy sector in the country. Their aim is to build sustainable green energy and affordable energy for all.

Products Of Suzlon Energy

Suzlon is one of the world’s largest and leading producers of wind turbines. It is in the development of wind energy solutions and has also into the solar segment as well which is contributing greatly to the economy.

Suzlon provides a solution to wind-energy products in the form of wind turbines that are having state-of-the-art technology from their blades, nacelle, towers, and foundations. It provides products of very best in renewable energy solutions while maintaining an eco-friendly approach.

Competitors of Suzlon Energy

Name Market Cap.
(Rs. cr.)
Sales
Turnover
Total Assets
NTPC 131,306.65 70,506.80 175,164.76
Power Grid Corp 107,901.54 20,802.22 144,973.72
NHPC 31,650.00 7,434.06 47,137.23
Tata Power 22,260.29 8,819.65 28,036.76
Reliance Infra 16,029.24 8,771.50 36,154.41
NLC India 15,881.83 6,669.05 18,640.64
SJVN 13,526.77 2,498.49 13,527.92
Reliance Power 13,099.94 48.06 21,256.88
CESC 12,952.81 6,493.00 13,060.71
Adani Power 11,667.24 12,704.15 33,026.97
JSW Energy 10,955.57 4,040.97 12,512.39
Suzlon Energy 10,488.68 5,914.92 6,181.62
Torrent Power 10,270.78 11,632.84 15,613.66
Inox Wind 4,473.87 2,863.22 3,367.11
DPSC 3,890.29 585.58 1,863.13
Schneider Infra 3,516.02 1,402.61 414.15
Jaiprakash Pow 2,788.14 3,883.68 19,497.01
Rattan Power 2,465.70 2,774.98 12,724.68
BF Utilities 1,708.23 5.21 147.96
Guj Ind Power 1,615.36 1,351.86 2,355.66
GVK Power 963.32 27.18 2,362.51
Orient Green 736.10 48.69 1,238.62
Rattan Infra 525.26 684.76
KSK Energy Vent 400.67 21.79 3,896.90
Energy Dev 145.59 133.75 185.82
Entegra 88.80 547.20
Mitcon Cons 76.59 44.97 89.32
S E Power 49.34 9.49 88.08
Indowind Energy 40.38 15.60 239.65
Advance Meter 38.38 26.05 186.22
KKV Agro Powers 12.84 4.93 8.56
Bil Energy 8.46 27.52 103.40

 

Technical Aspect of Multibagger Stock Suzlon Energy

suzlon multibagger stock ideas

 

Suzlon Energy is listed on both NSE – National Stock Exchange and BSE – Bombay Stock Exchange. This multi-bagger stock Suzlon is trading at a very narrow range. If you are a positional trader, then you can expect 28.50 and put a Stop Loss at 12.80. Once it able to sustain above 28.50, it will move up to 60 followed by 140 level. The stock has a strong resistance at 165 and if it manages to break out it will hit 300 levels. You can expect final breakout at around 300 and it may cross 410 levels.



Trail your Stop Loss once it crosses above 30 levels and keeps trailing SL if it moving upwards continuously. You can ignore the smaller correction or you can book profit at 29 – 30 levels if you don’t have the patience and courage to hold. Once this multi-bagger stock Suzlon Energy run up, you won’t get second chance to catch it.

So, grab the stock as soon as possible and keep it for a long-term and let it grow like your child. You will make 2 million if you invest one lakh only in Suzlon Energy.

 

Suzlon Energy surges 10% as company turns profitable in Q1

The company has reported a net profit of Rs 63.7 crore in the quarter ended June 2017 (Q1FY18) against the loss of Rs 257 crore, in the same quarter last fiscal.

Revenue of the company increased 62.5 percent to Rs 2,676 crore versus Rs 1,646 crore.

 

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Category: Multibagger Strategies Tags: ,

About Ratan Kumar

Ratan Kumar, an enthusiast stock market trader & blogger. Forecasting stock market moves with the use of technical analysis since 2008. For the technical trader & investor, new or experienced, he provides legitimate and valuable advisory from day trading to long-term investment horizon and helped thousands of investors to make money out of stock market.

50 thoughts on “Multibagger Stock Suzlon Can Make Your 1 Lakh into 21 Lakhs

  1. Anand m

    I will arrange a party with u if ur word becomes true..already invested

    Reply
    1. Ratan Kumar Post author

      Great Buy Anand. Now just hang in there. Fundamentally Suzlon looks promising and if it corrects a bit don’t panic. Happy Investing!

      Reply
  2. Rajiv Wadhwa

    Nice artical. Please mention the time frame in which Suzlon can generate 20 fold returns.

    Reply
    1. Ratan Kumar Post author

      Thanks for your appreciation. Since all multibagger investment ideas are for a long term for a minimum period of 3 years. So, my view in Suzlon is to hold for at least 5 years and you will enjoy the nuts.

      Reply
  3. MK

    Good projections Ratan! Whats your thoughts on the new news that government will plan monthly wind auctions? Does the growth for Suzlon now looks even better?

    Reply
    1. Ratan Kumar Post author

      Monthly wind power auction brings healthy competition and affordable power for all. My view on Suzlon is intact, as the future source of power is renewable energy. Don’t panic with the ups and down of the stock market.

      Reply
    1. Ratan Kumar Post author

      You can buy Subex at this level for near term target of 12 with SL at 8.30 on a closing basis. If it holds and consolidates above 12 then you can expect it to hit 14+. However, it will face stiff resistance at 14. Technically stock is trading above 200 DMA and so you can buy for short term perspective.

      Reply
  4. Ajit A Upadhye

    Very good idea. One can invest in this script without any fear

    Reply
    1. Ratan Kumar Post author

      Kishore, I don’t provide news stuff on my blog. However, you can check my views on daily market trends and views on some stocks, crude oil, USDINR currency and Index option. Visit https://akme.co.in for Pre-market BuzzingStocks ideas on daily basis.

      Reply
  5. Kamal Doshi

    What is Ur Views on Ratan Infra Is It Also Be Multibager Candidate

    Reply
    1. Ratan Kumar Post author

      Hey, Kamal, I don’t find any such stock listed on NSE and BSE. Tell me the correct Scrip name and I will let you know the technical aspects of any stocks.

      Reply
  6. naresh

    Hi i have GMR Infra of 1000 share what i do for this investment. i want to hold for 3 year

    Reply
  7. Hema

    your site is not opening in chrome or internet explorer…. I get multiple errors. Most of the articles give error message.

    Reply
  8. Rakesh Gupta

    I have 1000 shares of suzlon energy and 500 shares of indowind …….What are future prospects of both individually.

    Shall I invest more in suzlon energy

    Reply
  9. Nilesh Patel

    Also, do you suggest to Invest in South Indian Bank at this level?

    Reply
  10. Jai S

    Dear Ratan,
    I am holding a significant position in Suzlon. Should I hold on ?

    Reply
  11. suma

    I have purchased a good quantity of suzlon @ 11.00rs…..what will be the medium term target….2yrs from here…what will the s.l. be….please guide

    Reply
    1. Ratan Kumar Post author

      It has a strong support @ 10.50 followed by 7.20. You can expect it to rise and may touch 16.70 and if it sustains above this level then 20.30 is on the cards.

      Reply
  12. Vivek

    Hello Sir,

    What is the future of Rattan Power ? Could it be a multibagger ? I have 50000 shares @ 6.00. What is your suggestion to hold for long term or not ?

    Thanks
    Vivek

    Reply
    1. Ratan Kumar Post author

      Sorry, bro. I don’t track Rattan Power So, can’t give you any suggestion. However, you can invest in Tata Power for long-term.

      Reply
  13. JPT

    Mr. Ratan! Now after one year approx. how do you sum up your above comments when Suzlon is quoting at Rs. 10/11 now.

    Reply
  14. JPT

    10 years back Suzlon was quoting at 400. Another Wind energy company Inox was quoting at 400 4 years back. Now they are quoting at 11 and 111. What reason do you see behind these falls. Is it compettitiojn from foreign firms or any thing else you think of.

    Reply
    1. Ratan Kumar Post author

      Market crash in 2008 and many stocks collapse. However, my view on Suzlon is intact keeping some key points in mind. Those businesses focussing on renewable energy or green energy likely to perform in the future. Suzlon price is down but its financials are improving and its Sales, PAT is improved a lot significantly from negative to positive.

      Reply
  15. manikanthan raman

    What view you have now?
    It is trading at 10.
    I am heavily invested in SUZLON and will have big loss if i sell at this level. Will it ever reach 20 in coming future (1-2Years)

    Reply
    1. Ratan Kumar Post author

      I have given Stop Loss @ 12.80. However, it is at the bottom now and may retrace back to 12.5 in the short term. Either you exit or remain in the stock as it is for long term investment.

      Reply
  16. suma

    Sir,
    I can hold suzlon for 5 yrs…it’s price is 8.80….my entry price is 11…
    How much down it will still go.any problem …..
    If it is for long term can we expect the targets u have
    Mentioned.
    Does s.l not be required for long term…
    Please guide.

    Reply
    1. Ratan Kumar Post author

      Click here to understand financial graph of Suzlon since 2013. You will notice a significant improvement in the reports.
      Keep away from short-term negative cues and sit tight.

      Reply
      1. suma

        Thanks for yr reply….will stay as an investor as per yr advice.

        Reply
  17. Sudhanshu

    Sir,
    Now its trading at RS 8, so it is good time to buy or it will go down further, please advise

    Reply
    1. Ratan Kumar Post author

      For the time being please avoid bottom fishing. I will let you know when it’s technicals are strong so that you can enter into a trade. Currently, key oscillators and indicators are showing sell signal in the chart.

      Reply
  18. V SundararMan

    I hv heavily invested in Suzlon at rs. 26.How long I hv to wait sir.

    Reply
    1. Ratan Kumar Post author

      I have given Stop Loss @ 12.80 and you need to invest only 3-5% of your investment capital. Presently stock is breaking its 52 Week Low and continuously falling. However, good news is that Suzlon is reviving and that can be seen in the balance sheet.
      Click here to understand financial graph of Suzlon since 2013. You will notice a significant improvement in the reports.
      Keep away from short-term negative cues and sit tight.

      Reply
  19. suma

    Sir,
    As per your advice, I am still holding Suzlon,can hold for long term_5yrs,the results & performance are extremely bad,can I wait patiently in the same counter or shift to J.P.Associates….please suggest….
    Thank u

    Reply
    1. Ratan Kumar Post author

      If you have the patience, then hold it. However, you can always switch over to JP Associates or any other value counter.

      Reply
  20. sathish

    Is suzlon a good buy now or will it reduce further. Current financial seems to be low but will it bounce back to a better position. Thanks for your advice.

    Reply
  21. sathish

    Hi,
    Thanks for your patience and advice.
    Despite the current financial situation of suzlon. Is it advisable to buy as a long term investment. Any idea will it go below the current level.
    Thanks,
    Sathish.

    Reply
  22. Kesavan

    Hi Ratan,

    Now the stock trading around 7, Is it still BUY for long term? When i read the above article, it was mentioned as SL should be 12.8….

    Since i read this article now only, i was confused is it still BUY for long term?

    Reply
    1. Ratan Kumar Post author

      Don’t enter right now. However, some stock analyst suggesting bottom fishing at these levels. I will enter only when it breaks its resistance level.

      Reply

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