Benchmark indices Sensex and the Nifty have generated negative returns over the last year, while some stocks have performed even worse. Suzlon Energy is one of them.
The company's shares fell 29% in the last year. Let us look at factors that could influence the stock over the next five years.
Suzlon operates across the wind-energy value chain—wind-turbine manufacturing, project execution, operations and maintenance (O&M), and renewable-energy development.
It has an installed wind base of 22 GW across 17 countries and has a 28% market share in India.
Suzlon Energy has a solid 6+ GW Order book from Marquee customers. The key question is how quickly the company can turn its orders into actual revenue.