SP Tulsian of sptulsian.com is of the view that one can buy Suzlon Energy .
Tulsian told CNBC-TV18, "Suzlon Energy looks a budget buy because this is the fifth largest company in the world making the wind turbine and wind generators and the budget is likely to give good focus and impetus to this renewable energy source and hence the share is seen to be a beneficiary and hence a buy can be made on the stock."
The share touched its 52-week high Rs 58.45 and 52-week low Rs 17.25 on 21 Apr, 2011 and 02 Jan, 2012, respectively. Currently, it is trading -50.73% below its 52-week high and 66.96% above its 52-week low. Market capitalisation stands at Rs 5,118.81 crore.
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Tulsian told CNBC-TV18, "Suzlon Energy looks a budget buy because this is the fifth largest company in the world making the wind turbine and wind generators and the budget is likely to give good focus and impetus to this renewable energy source and hence the share is seen to be a beneficiary and hence a buy can be made on the stock."
The share touched its 52-week high Rs 58.45 and 52-week low Rs 17.25 on 21 Apr, 2011 and 02 Jan, 2012, respectively. Currently, it is trading -50.73% below its 52-week high and 66.96% above its 52-week low. Market capitalisation stands at Rs 5,118.81 crore.
....more info