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Buy Suzlon around Rs 35-37 for long term: D Dutta

This article was posted on Apr 1, 2009 and is filed under Stock Views

Devangshu Dutta of Outlook is of the view that one can buy or accumulate Suzlon Energy between Rs 35-37 for long term. Dutta told CNBC-TV18, “Suzlon is not past a period of uncertainly yet and I would say that the stock probably has a downside some where around Rs 35-37 and I think its in the mid-40s now if I am not mistaken and I would say that the stock probably has a downside somewhere to the Rs 37 level maybe in the month and a half but Rs 35-37 is excellent place to be buying and accumulating Suzlon for the long term, it has an upside maybe till the mid-50s in the perspective of six months lets say.”

Disclosure: Analyst does not holding any stock at the moment.

source: Moneycontrol

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