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Suzlon Energy

By VK Sharma 

Wednesday, February 20, 2013
     

VK Sharma, Head Private Broking & Wealth Management at HDFC is of the view that one can hold Suzlon Energy.

Suzlon Energy is an India-based wind power company. The Company along with its subsidiaries is in the business of selling and installing wind turbine generators (WTGs). It is engaged in the manufacture of wind turbine generators of various capacities and its components. Its operations relate sale of WTGs and allied activities including sale/sub-lease of land, infrastructure development income; sale of gear boxes, and sale of foundry and forging components.
According to Sharma, the demand for green power is increasing day by day and Suzlon Energy has green power. So, one should hold on and should not sell the company's stocks

At present Reliance Industries is being traded at 23.55. Its 52 week high is 32.00 and 52 week low has been 14.75.