Buy Suzlon

Suzlon is not my fav stock but suprise me by its Result

Below are the some facts to BUY Suzlon

1 ) Suzlon Group posts strong Q4 profit of Rs. 432 crore (US$ 96 mn)

2 ) Revenues  of  Rs.  7,276 crore (US$  1,622 mn), Q4  YoY  growth of
    20%
3 )  EBITDA Rs. 1,024 crore (US$ 228 mn), Q4 YoY growth of 91%

4 ) EBIT Rs. 773 crore (US$ 172 mn), Q4 YoY growth of 98%


Suzlin Energy Result Press Release

BSE

Suzlon Energy Ltd has announced the following results for the quarter & year ended March 31, 2011

The Unaudited results for the Quarter ended March 31, 2011

The Company has posted a net profit of Rs 3098.20 million for the quarter ended March 31, 2011 where as the Net Loss was at Rs (7835.70) million for the quarter ended March 31, 2010. Total Income is Rs 16585.80 million for the quarter ended March 31, 2011 where as the same was at Rs 18824.20 million for the quarter ended March 31, 2010.
 Suzlon have good 50 day moving average support level at 50 

Buy around 50 and also on every DIP , Short term TGT1 - 55, TGT 2 - 58  Long term TGT  70 SL 45

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