Calling the recent fall in stock price, at the back of a stake sale, 'unwarranted', Tulsi Tanti, chairman and managing director of Suzlon Energy says that the company was aware of the market concerns on the sale, however, needed the fund for promoter group companies catering to Suzlon.
As analysts have been slamming the stock for the high debt/equity ratio, Tanti says the companyDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
