Sell Suzlon Energy, says Sharmila Joshi

Sharmila Joshi of sharmilajoshi.com told CNBC-TV18, "Very honestly, I do not know about as a long-term investor you will make money from here because all said and done, some very big names have invested in Suzlon Energy in the last couple of years, but personally it is not a stock that I like. It is not a business that I like because this kind of a business has a great outlook, when you talking of alternate energy, renewable energy, it has a great outlook when there is a run on fossil fuels. That is when the economics work in favour of such a play"."But over the next couple of years and given the kind of paradigm shift that we have seen in the use of crude etc. I do not really see crude recovering from these levels in a hurry. In fact, though crude is at a year high so to speak, I would really expect once demand also starts coming in, prices to come off again, which is what makes me a little, not so sanguine about the future of a stock like Suzlon. So, I would really say exit and get into some other sector altogether," she added.