Buy Suzlon Energy, target Rs 25.0 : Siddharth Bhamre

Independent analyst Siddharth Bhamre has a buy call on Suzlon Energy Ltd. with a target price of Rs 25.0 .The current market price of Suzlon Energy Ltd. is 20.55 Time period given by analyst is Intra Day when Suzlon Energy Ltd. price can reach defined target. Siddharth Bhamre maintains stop loss at Rs 19.0 .

Suzlon Energy Ltd., incorporated in the year 1995, is a midcap company (having a market cap of ₹ 10387.58 Cr.) operating in Engineering sector.

Suzlon Energy Ltd. key Products/Revenue Segments include Wind Turbine Generator which contributed ₹ 5812.07 Cr to Sales Value (97.85 % of Total Sales), Sale of services which contributed ₹ 106.61 Cr to Sales Value (1.79 % of Total Sales), Scrap which contributed ₹ 9.25 Cr to Sales Value (0.15 % of Total Sales), Other Operating Revenue which contributed ₹ 8.72 Cr to Sales Value (0.14 % of Total Sales), Other Sales which contributed ₹ 2.71 Cr to Sales Value (0.04 % of Total Sales)for the year ending 31-Mar-2016.

For the quarter ended 31-03-2017, the company has reported a Consolidated sales of ₹ 4992.59 Cr., up 50.95% from last quarter Sales of ₹ 3307.48 Cr. and up 53.83% from last year same quarter Sales of ₹ 3245.60 Cr. Company has reported net profit after tax of ₹ 596.90 Cr. in latest quarter. The company’s CEO is Mr.Tulsi R Tanti. It's Board of Directors include Mr.Girish R Tanti, Mr.Marc Desaedeleer, Mr.Per Hornung Pedersen, Mr.Rajiv Ranjan Jha, Mr.Ravi Uppal, Mr.Tulsi R Tanti, Mr.Vaidhyanathan, Mr.Venkataraman Subramanian, Mr.Vinod R Tanti, Mrs.Medha Joshi, Mrs.Pratima Ram, Mrs.Vijaya Sampath, Mr.Hemal A Kanuga, Mr.J P Chalasani, Mr.Kirti J Vagadia, Mr.Sanjay Baweja, Mr.Hemal A Kanuga. Company has its registered office at Gat No. 425, Near Bajaj Auto, Chakan Material Gate, , Talegaon-Chakan Road, Mahalunge Gaon, , Taluka Rajgurunagar, Pune, 410501, Maharashtra. Company has S R Batliboi & Co. LLP as its auditors. As on 31-03-2017, the company has a total of 5,024,398,950 shares outstanding.