Get in Suzlon Energy: Shailesh Kadam

Get in Suzlon Energy, says Shailesh Kadam, AVP Institutional Derivatives, PINC Research.

Kadam told CNBC-TV18, "In Suzlon Energy Rs 48.50 should be the range where the stock would consolidate and we have seen some good build-ups happening in the stock for trading perspective from those levels. One should get into the stock probably for an upside of close to 10% and get out of the stock close to Rs 54-55 levels."

The company's trailing 12-month (TTM) EPS was at Rs -7.20 per share. The latest book value of the company is Rs 35.97 per share. At current value, the price-to-book value of the company was 1.42.