why suzlon was beaten down? first it was defective blade issue then badly timed huge acquisition debts and lastly recession hit -ve results followed by promoter stake sell here. so recovery should be in same order. blade issue has been addressed successfully long back. acquisition debt with over 10% interest rate is being reduced by hansen sale. remaining debt soon to be replaced by cheap loans from indian banks with two year mart period. two recent orders are rays of recession end hope. i shall buy more.
One of the best engineering stock in the market. Though SUZ is going thru some difficulties about retrofit and debt issues. But i believe some issues attended and some are going to be resolved soon. So SUZ will be back on the stage to play the right role of renewable energy to the World of Energy. Thanks.
no use in suzlon buy selling stock because the company have only 5% of stake in hand soon its also comes like satyam for 25 to 30 rs soon so last year loss 700 millions in this year double of 700 million losses most of the employess having suzlon so dont buy this bad stock sell