Hold Suzlon Energy: PN Vijay

Hold Suzlon Energy, says Portfolio Manager, PN Vijay.

Vijay told CNBC-TV18, "I get the feeling that for Suzlon Energy the worst maybe over and it had lot of rough tidings. But increasingly I think the management is getting very concerned about their debt levels, about ambitious global expansions and they are doing balance sheet contractions. So, it maybe not a bad idea to just hold on to the stock. The story is good but its got mired in so much of balance sheet problems, so one wouldn’t be adventurous to go and buy it unless one is very aggressive but at this stage it doesn’t merit a sell."