Avoid Suzlon Energy

Co Name: Suzlon Energy Reco: Avoid
CMP: Rs 41 (around)

Investment Rational:
1. Fundamentaly The company performance does not auger well. It PAT margin has come below 1% in Q2 FY09, which used to be above 15-20%. In Q1 and Q2 it has registered substantial negative growth in its PAT growth.
2. The company is facing Technology problems also in its products and at the same time facing problem of Cash crunch that will impact its future plans.

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