Buy Suzlon Energy, says Baliga

Buy Suzlon Energy, says Ambareesh Baliga, COO of Way2Wealth.

Baliga told CNBC-TV18, "Suzlon Energy at these levels surely makes a lot of sense because there seems to be a clear turnaround for the company and at the same time if you look at the order flows, which have been quite good in the past couple of months, so at Rs 37-38 levels Suzlon should be a good buy."
He further added, "After we saw Rs 225 levels in DLF, we had revised the target downwards to Rs 175. But even at these levels based on the sort of negative news flows, which are coming we are still finding it expensive, so we would give it a pass at this point of time."