This news is negetive or positive ? Please give ur views by considering following matter
1. Blade Problem and Finance Difficulty
2. Higher Debts
3. New order made. 21 MW order
4.Sell Stake have reduced its some financial problems
5. May be debt reduced
6. new projects in Rajasthan can go continuosly
7. ANy other factor which U know about this matter
Thank You
At least TULSI does not have to find his working capital from day to day. LOL.. Thats all thats positive else it only exposes the cracks in its balance sheet.
Suzlon has proposed to sell 35% of its stake in Hansen. The stake sale has been valued at 305 million euros. However, the company says it will not sell further stake for 180 days after the proposed deal.
So Tanti brothers are really trying to restructure debt through stake sale as well as long term loans. They shall surely come out of red in next quarter. With strong order inflows, the stock can zoom to 15o in next six months
it is highly positive.it will reduce debt.wind farm in australia.gear box factory in coimbatore under construction.matured are accumulating.tv analysts confusing retail investors.as soon as stock is near 85 then it will have straight run.within three months it should touch 140 levels.
Wind turbine major Suzlon Energy on Thursday said it will sell 35 per cent stake in the Belgian company Hansen Transmissions.
Suzlon, which holds a 61 per cent stake in Hansen through its Netherlands-based subsidiary AE-Rotor Holding BV, would sell 35 per cent stake through a book-building process, the company said in a filing to the Bombay Stock Exchange.
Suzlon has appointed BfA Merill Lynch and Morgan Stanley as the managers and joint book-runners for the sale, it added.
The market capitalisation of Hansen stands at around £777 million and the stock closed at 116 pence on the London Stock Exchange on Wednesday.
On the basis of the current market valuation of Hansen, the sale would fetch Suzlon around £272 million.
In a regulatory filing to the LSE, Hansen said: “in view of the current global economic climate, Suzlon has pro-actively undertaken strategic and financial initiatives to develop a sustainable capital structure.’’
A begining will take the scrip to gain value
with regards
rvk41
repair to damaged financial statement.one should wait for some time to decide wether to go long with company.they are restucturing their financials( messed up) book profits...
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