Suzlon Energy Ltd
SUZLON

20.60

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

20.65

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

20.55

Open ()
Open Interest
(Contracts)
VWAP ()
Day's Vol
(shares)
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Buy
Reco. Price
Rs 19.65
We recommend BUY on the stock on account of strong prospects in the wind power business and market share gains. Further, strong order book and entry into solar business are the key earning triggers. The stock is trading at EV/EBITDA of 16.7x in FY17E. (Target Price-Rs 22.5)
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50 DMA (.)
18.55
100 DMA (.)
16.91
200 DMA (.)
16.41
Weekly Range (.)
19.80
21.40
Monthly Range (.)
18.15
21.40
52 Weeks Range (.)
12.00
21.40
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