Check the The Telegraph report on a recent activity of Suzlon performed with the effort to finance its debt as well reducing the cost of running HERE. I am more interested in the last paragraph of the report. At the present rate of 17.5/- and little bit attempt to rise above Rs. 18, it seems that the market has already discounted the figure given in the last paragraph. It is a operator driven scrip. So, what is the bet? Buy anything below 17.5 and and quit at 20 plus.
Sunday, June 24, 2012
Financing Suzlon Debt
Check the The Telegraph report on a recent activity of Suzlon performed with the effort to finance its debt as well reducing the cost of running HERE. I am more interested in the last paragraph of the report. At the present rate of 17.5/- and little bit attempt to rise above Rs. 18, it seems that the market has already discounted the figure given in the last paragraph. It is a operator driven scrip. So, what is the bet? Buy anything below 17.5 and and quit at 20 plus.
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