Thread: Suzlon: Right Thing To Pick

I am sure most of you are keeping a close eye on this stock. Those who are not aware, Suzlon is Asia's largest & World's 3rd largest turbine manufacturer in the world. The company is fundamentally very strong, just requiring a little bit boost, but, this makes it the best time to enter in the stock.

Today the stock closed at 78.55.

As you are aware the market is not at its best since last 7-10 days, the stock was around 90-95 just 10-15 days back.

Why I am too eager about the stock is because of two reasons, first, the company just got 295 MW wind farm contract, which will surely push the price up & second the third quarter result of the stock are simply amazing, the company has registered a profit of over 14 crore for the third quarter ending december 31st 2009.

Ofcouse, it demands a time limit of around 1.5 - 2.5 years to see stock growing 2 to 3 times, but those who have a long term investment strategy will be interested in the stock.

Disclaimer: Please study the stock carefully before investing, different people have different views, please don't hold me responsible for any loses.

If i remember correctly, Parminder jee had a truck load of suzlon he had got for some Rs 91/share. Sorry to see the stock still has not piked up....

good to know I am not alone, I too have alot of them but with a bit higher average, looking forward to bring in down soon.