Suzlon can move to about Rs 27-28, says Baliga

Ambareesh Baliga, Independent Analyst feels Suzlon Energy can move to levels of about Rs 27-28.

Baliga told CNBC-TV18, "In last 18-24 months, order flows for Suzlon Energy have been decent but because of the balance sheet issue, the stock was not performing. Now with that behind and order flows continuing, hopefully execution will be in place. This stock can move to levels of about Rs 27-28, levels of Rs 17-18 are over. We have crossed Rs 20-21 levels decisively. So, the next stop for the stock should be closer to Rs 27."