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Q.

Hi,

My friend says that suzlon gives a dividend of 3-6 rs. and tht too every quarter(3 mths). but i have checked suzlon gives 1 rs dividend on every 1 share held..tht too once a year.. Kindly confirm if you know abt this share..as I am planing to buy 2000 suzlon for long term.

Asked by rekha, 15 Nov '08 11:10 am
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Answers (4)

1.

Suzlon has given dividend of uptp 30 % inthe past but now it depends on the performance of the company . a dividend of rs 3 to 6 was possible when the face value was rs 10, now he shares have been subdivided and bonus shares given and now even if the company pays a dividend of 50 % , it wil still come to rs 1 per share ( whichis highly improbable ) but for capital gain u can surely buy suzlon for long term ( minimum a year or more ) u will edf get good profit from this investment
Answered by iqbal seth, 15 Nov '08 11:57 am

 
  
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2.

They have very poor machinary for wind energy generation. Let them solve their problem first, then u should think about buying this stock. Atleast after one year.
Answered by Sanjay Kumar Gartia, 15 Nov '08 11:51 am

 
  
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3.

Suzlon is running under loss, they will pay rs3 devidend in the year 2010, for long run u can keep this stake, it too cheaply available, buy @50 level
Answered by sharekhan, 15 Nov '08 11:13 am

 
  
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4.

Declared 50% last year
Answered by Damodar Biswal, 15 Nov '08 11:12 am

 
  
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