Suzlon Energy may give good returns, says SP Tulsian

Suzlon Energy may give good returns, says SP Tulsian, sptulsian.com.

Tulsian told CNBC-TV18, “I like Suzlon Energy because the kind of newsflows which we are expecting from the company like debt restructuring, then maybe some action will be initiated on the REpower also. But again in the case of Suzlon we need to have two years view at least and that can reward the investors to a great extent because it is a 5 billion topline company and the fifth largest again in the wind power energy.”

He further added, “Pantaloon group has been aggressive in reducing the debt. We will be seeing some kind of corporate developments happening in that company so that can give some returns maybe in next two to three months or so.”