A weak set of numbers for Q2-18 were not a surprise given the pricing discovered in the auctions. However, the quantity and quality of disclosures made in the investor presentations was even more disappointing. The company managing to stay in… Read More ›
Suzlon looks much stronger from a year back when we initiated coverage given four consecutive quarters of profitability. However, the strength of the company does reflect itself in its stock price performance. A Suzlon stock holder has not made any… Read More ›
Suzlon has given two consecutive years with a positive PAT. A positive PAT for FY-16 was delivered on the back of Senvion sale and not based on operational performance. FY-17 PAT was delivered based on strong operational performance and strong… Read More ›
SoEvery profitable quarter for Suzlon adds to our comfort in the outlook and the turnaround story at play. While we are comforted by a profitable quarter, we also observe certain issues which indicate the outlook and turnaround story is not… Read More ›
Suzlon was the largest wind turbine generator (WTG) manufacturer in India who aspired to be a dominant global player. The company took on large amount of debt to acquire a position for itself the global wind turbine market.