Q.
If its a choice between suzlon and sterlite which would it be?
About: Company: Suzlon Energy Ltd.
Asked by mrinalinee,
30 Oct '08 10:18 am
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Answers (8)
1.
Suzlon is primarily an "Energy" company. And, energy will always be in perpetual demand, in this power hungry world.
Besides, Tulsi Tanti, CMD of Suzlon is a "hands-on" technocrat. With 80% of his wealth having melted down, he will not keep quiet.
The Suzlon scrip, valued at 46/47 levels today, will easily double over the next year or so. So I would bet on Suzlon. Sterlite, on the other hand, is in the commodity business. This is a cyclical business/industry, which will take more time to recover. More over, Anil Aggarwal is not known to be very "investor friendly'.
Another scrip I suggest is Mukand Ltd. It is at around Rs. 27 today, which amounts to 40% of the Book Value. Therefore, this is an absolute bargain.
Answered by Atul Kamath, 30 Oct '08 08:03 pm
Besides, Tulsi Tanti, CMD of Suzlon is a "hands-on" technocrat. With 80% of his wealth having melted down, he will not keep quiet.
The Suzlon scrip, valued at 46/47 levels today, will easily double over the next year or so. So I would bet on Suzlon. Sterlite, on the other hand, is in the commodity business. This is a cyclical business/industry, which will take more time to recover. More over, Anil Aggarwal is not known to be very "investor friendly'.
Another scrip I suggest is Mukand Ltd. It is at around Rs. 27 today, which amounts to 40% of the Book Value. Therefore, this is an absolute bargain.
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2.
Suzlon in a longer term will give 300% return. company major plans to complete the acquisition of Germany-based REpower Systems AG will definitely boost share prices in longer term so my bet will be in suzlon for 1 and 1/2 monthhs
Answered by rakesh kumar, 30 Oct '08 05:34 pm
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5.
Sterlite is better because potential of this script is higher. Basic fundamental of the company is good and the price is at the bottom. in 1 year tern it can gain upto 250%.But chances for Suzlon is less as it is energy sector and oil price being down
Answered by PARTHA CHOWDHURY, 30 Oct '08 10:33 am
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