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Last Updated : Jul 04, 2017 04:39 PM IST | Source: CNBC-TV18

Sell Suzlon Energy, says Sharmila Joshi

Sharmila Joshi of sharmilajoshi.com is of the view that one may sell Suzlon Energy.


Sharmila Joshi of sharmilajoshi.com told CNBC-TV18, "The results for Suzlon Energy were good. I remember seeing the results last quarter and as compared to the other companies within that space, Suzlon numbers look better. However, overall this business and this company is not something that I have really liked on a fundamental basis. So, from that perspective, for me the stock remains a sell, especially when you look at the market outside and you see better quality stocks in momentum as well. So, I would rather shift to those than stay invested in Suzlon."

Suzlon Energy ended at Rs 18.65, down Rs 0.30, or 1.58 percent on the BSE.

The share touched its 52-week high Rs 22.25 and 52-week low Rs 12.47 on 22 May, 2017 and 09 November, 2016, respectively.

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First Published on Jul 4, 2017 03:44 pm
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