Sell Suzlon Energy: Kamlesh Kotak

Sell Suzlon Energy, says Kamlesh Kotak, Asian Market Securities.

Kotak told CNBC-TV18, "We recommend a sell on Suzlon Energy. The company will find it difficult to sustain its strong performance reported in the last quarter. The uncertainty across the US and the European market for wind energy will make it difficult for the company to post good numbers going forward." He further added, "The high debt will also be deterrent for the company's performance. We see there are few trackers in the current market condition for the kind of stock and we see the stock is drifting towards Rs 39 level, so we recommend a sell on the stock." Click HERE to know the rules and follow the score card