Monday 24 November 2008

Do not buy Suzlon Energy: Srivastava

Ajay Srivastava, Dimensions Consulting is of the view that one should not buy Suzlon Energy.

Srivastava told CNBC-TV18, "The question is, are you going to buy Suzlon Energy and the answer is no. The question is if you are there, should you sell, if anybody is looking at making a profit out of it till March quarter then the answer is no, you cannot buy and make a profit and if you are already sitting there on a huge loss then you should just carry it through till the end of next year and see what comes out of it but certainly never a buy at this point of time."

Disclosure: It is safe to assume that analyst and his clients may have an investment interest in the above stock/sector.

Source: Moneycontrol

Posted by Harsh at 07:26

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DISCLAIMER: The author is not a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time. While he believes his statements to be true, they always depend on the reliability of his own credible sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions, and that you confirm the facts on your own before making important investment commitments.