Suzlon Energy may test Rs 28-30: Vijay Chopra

Vijay Chopra of enochventures.com told CNBC-TV18, "If you look at the structure of Suzlon Energy, there is a huge debt but the comfort I draw is from the strong hands that the company has gone into. Dilip Sanghvi from the Sun Pharma group showed interest in this company and post that acquisition of Suzlon which he had wanted a sizeable stake, I think Suzlon has also got some orders. So I think that the stock can go up to about Rs 28-30 levels and that would be a level where I would recommend an exit in Suzlon.""The debt levels are still very high but looking at the positive circumstances, the company has shown, taking that into account I guess that one can hold on to the stock up till about Rs 28-30 levels and that would be a good point to exit," he added.