1. I am optimistic on Suzlon energy from the day one its IPO was launched and all those who have missed the bus to own a classic share in the field of alternative energy can add the same to portfolio to make money as the same is available at throw away price for long term investors.
2. Company came in existence in 1995 and was promoted by Mr. Tulsi Tanti. They collaborated with German Company sudwind to acquire technology to produce wind energy in India and since than they have not looked back.
3. Its price has suffered due to foreign exchange losses and provisions related to problems with some of its blades cracking in the U.S which has led it to reporting of 95% lesser profit. However these are problems once in a life time and thus long term investors can enter in this company considering that wind energy will be always in demand as it is Non Exhaustible source of energy and company is enjoying a good order book value. Moreover certain countries are commited to produce certain amount of energy from this source.
2. Company came in existence in 1995 and was promoted by Mr. Tulsi Tanti. They collaborated with German Company sudwind to acquire technology to produce wind energy in India and since than they have not looked back.
3. Its price has suffered due to foreign exchange losses and provisions related to problems with some of its blades cracking in the U.S which has led it to reporting of 95% lesser profit. However these are problems once in a life time and thus long term investors can enter in this company considering that wind energy will be always in demand as it is Non Exhaustible source of energy and company is enjoying a good order book value. Moreover certain countries are commited to produce certain amount of energy from this source.
