HomeNewsBusinessStocksAdd Suzlon Energy in portfolio: Deven Choksey

Add Suzlon Energy in portfolio: Deven Choksey

Deven Choksey of KRChoksey Investment Managers recommends adding Suzlon Energy to the portfolio.

October 09, 2015 / 13:41 IST
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Deven Choksey of KRChoksey Investment Managers told CNBC-TV18, "Suzlon Energy is now getting into a proper track. Particularly when we have seen this company remaining in the financial distress today at least that situation is over. The confirmation has come from the rating agency as well. So, from that point of view certainly, I feel that at least on that side of the story the financial part of the balance sheet is definitely taken care of.""Given the kind of situation in which the entire alternate energy businesses is in, according to me I think we are in for a good time for us as far as the business outlook is concerned. Certainly, it is going to happen over a period of year or two in which I think you are likely to see the larger jump. However, this company appears to be interesting one for adding into the portfolio. Corrective downside would be most welcome to add further into the portfolio," he said.

first published: Oct 9, 2015 01:41 pm

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