Tuesday, October 6, 2009

Buy Suzlon Energy

6 oct 09

Suzlon Energy Limited has informed the Exchange that "The signing of a repeat order for 57 MW with Ayen Enerji of Turkey. The order will be supplied with 27 units of Suzlon S88-2.1 MW turbine, to be installed at the Seferihisar and Mordogan projects in east Turkey."

Suzlon receives repeat order from China
July 8, 2009

• Repeat order for 40 units of S.64 1.25 MW turbine

• Consolidate its presence in China wind Energy market
Suzlon enters Bulgarian wind market
Monday, July 20, 2009

· Order to supply 12.6 MW through six Suzlon S88 2.1 MW wind
turbines
· First order with partner Technomash Bulgarian Industrial Group

We have seen such companies turning around very fast and the view getting changed, the classic example has been Wockhardt Pharma where we have seen share prices almost doubling or more than that. The moment you have seen some of the funds getting infuse or rather getting rescheduled, so same thing is expected to happen in case of Suzlon also.

The above orders tells that this Company is doing good and once the debt restructing is complete, the stock can get re rated aand can provide 40-50% of returns.

Adding the Interview of Suzlon's management:
http://www.moneycontrol.com/news/business/sales-to-be-skewed-towards-h2-fy10-suzlon-energy_418430-1.html

4 comments:

  1. This was a very bad move. Bought Suzlon at 82 on Futures and right now i am getting hit pretty bad :-(

    /Mahadeva

    ReplyDelete
  2. Maha Deva - wait Suzlon is started to get repeat order and news orders. Your price level is also good. Dont expect money to double on a week.

    ReplyDelete
  3. LAST TARGET FOR SUZLON IS 83 ....
    SO DONT WAIT BEYOND THT.


    TO KNOW MORE LOG ON TO WWW.STOCKSNEQUITY.BLOGSPOT.COM

    ReplyDelete
  4. Suzlon Energy's Australian arm bags 42 MW order; stk up
    Published on Wed, Nov 25, 2009 at 10:30 | Updated at Wed, Nov 25, 2009 at 10:33 | Source : Moneycontrol.com
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    Suzlon Energy touched an intraday high of Rs 73 and an intraday low of Rs 70.85. At 10:27 am, the share was quoting at Rs 72.45, up Rs 1.05, or 1.47%.

    The comapny's Australian arm has bagged 42 MW order, reports CNBC-TV18.

    It was trading with volumes of 1,869,722 shares. Yesterday the share closed down 1.65% or Rs 1.20 at Rs 71.40.

    ReplyDelete