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Look at Suzlon Energy: Dilip Bhat

Dilip Bhat of Prabhudas Lilladher is of the view that one may look at Suzlon Energy.

February 19, 2015 / 17:25 IST
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Dilip Bhat of Prabhudas Lilladher told CNBC-TV18, "In the longer run probably Suzlon will merit a re-look. Largely it will come from the expectation that probably the debt scenario problem which it faced it gradually will ease out and more important with the induction of Dilip Sanghvi I think there will be a lot of fiscal discipline that will come into the company which is what really derailed the companies prospects otherwise they were the ones who were doing pretty well and they were in a pretty good sector."

"Going forward may be some of these things will really help the company for a good rerating. So, on a longer term basis it certainly merits a look. Even from the Indian governments point of view this renewable energy is going to be a priority on an overall basis," he said.

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first published: Feb 19, 2015 05:07 pm

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