1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Suzlon energy ltd

Discussion in 'Technical Analysis' started by fishco75, May 26, 2017.

  1. fishco75

    fishco75 Member

    Joined:
    Apr 2, 2017
    Messages:
    9
    Likes Received:
    8
    What about Suzlon energy Ltd. This quarter good results, many are saying it will touch 3 digits in a year.

    Sent from my SM-N900 using DIY Technical Analysis mobile app
     
    fishco75, May 26, 2017
    Share #1
    nirajshah likes this.
  2. rahul_kumar

    rahul_kumar Member

    Joined:
    May 12, 2017
    Messages:
    27
    Likes Received:
    18
    Fundamentally and Technically are very good. Very good stock for investment purpose. Don't know what others said but definitely will give very good returns in 3 to 4 years like as Multibagger.

    Sent from my ONEPLUS A3003 using DIY Technical Analysis mobile app
     
    rahul_kumar, May 26, 2017
    Share #2
    nirajshah likes this.
  3. hitesh_mahant

    hitesh_mahant New Member

    Joined:
    Feb 15, 2017
    Messages:
    7
    Likes Received:
    4
    Occupation:
    Design Engineer, Short Term&IntraDay investor.
    I'm invested for 2500 at ₹20.. I heard for ~40, but 3 digit would be awesome!!
     
    hitesh_mahant, May 26, 2017
    Share #3
    nirajshah likes this.
  4. rahul_kumar

    rahul_kumar Member

    Joined:
    May 12, 2017
    Messages:
    27
    Likes Received:
    18
    40 is very good target for intermediate term. As because of Fundamentally and Technically Suzlon is very good so I expect a target of 65 to 75 for 3 years time frame.

    Sent from my ONEPLUS A3003 using DIY Technical Analysis mobile app
     
    rahul_kumar, May 26, 2017
    Share #4
    nirajshah likes this.
  5. srikanthnaagolu

    srikanthnaagolu New Member

    Joined:
    Mar 28, 2017
    Messages:
    4
    Likes Received:
    4
    I have gone through some analysis reports on this stock, and found it as a good to invest at present levels. I am holding 5000 at 20.50 . Mr shabbir , if possible please share yours view on this stock

    Sent from my vivo V3 using DIY Technical Analysis mobile app
     
    srikanthnaagolu, May 27, 2017
    Share #5
    shabbir and nirajshah like this.
  6. yaljpmib

    yaljpmib Member

    Joined:
    Apr 29, 2017
    Messages:
    24
    Likes Received:
    23
    I had 1200 shares sold at 22 after results got declared and the stock fall below 19 and recovered. This qtr profits were good but it had some forex gains. I am concerned about its debt. As interest expense are high. I have been hearing 3 digit from last year. I personally like the sector....hope to see results continue to be strong...

    Sent from my KIW-L22 using DIY Technical Analysis mobile app
     
    yaljpmib, May 28, 2017
    Share #6
    nirajshah likes this.
  7. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    Results were good but then I am not a fan of turn around stories and I would like to see the turn around.
     
    shabbir, Jun 9, 2017
    Share #7
  8. rahul_kumar

    rahul_kumar Member

    Joined:
    May 12, 2017
    Messages:
    27
    Likes Received:
    18
    Shabbir Bhai Suzlon Energy is very good stock at current level for investment purposes. I am also holding 5001 share @ Rs. 18. My expected target of Rs. 45 to 50 for intermediate term with time frame of 2 to 3 years. Fundamentally and Technically are very strong.

    Sent from my ONEPLUS A3003 using DIY Technical Analysis mobile app
     
    rahul_kumar, Jun 10, 2017
    Share #8
  9. rahul_kumar

    rahul_kumar Member

    Joined:
    May 12, 2017
    Messages:
    27
    Likes Received:
    18
    Also I would like to suggest EPC industries for long term. It is a very very good stock for investment purpose. This is a multibagger stock. One can invest with target price of 450.

    Sent from my ONEPLUS A3003 using DIY Technical Analysis mobile app
     
    rahul_kumar, Jun 10, 2017
    Share #9
  10. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    If you look at the Suzlon for last 1 year, the stock is trading at good price and is doing good with the business. Now if you look at Suzlon for last 5 years, the management has done some basic mistakes and this is where I don't see it as an investment opportunity. I agree that if it can continue the process that it has been doing for last one year for next couple of years, the target of 45 is quite achievable but then I don't like to see management doing such a mistakes. There is nothing that convinces me that they will not repeat the same mistake.

    Suzlon is a good trading bet and even for the trading with a trailing stop is advisable for good gains but I am against investing in this company for sure. Investment view for me is 3 to 5 years.
     
    shabbir, Jun 10, 2017
    Share #10
    yaljpmib and rahul_kumar like this.
  11. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    EPC is trading at a PE multiple of 54.09 and there are many good plastic stocks trading at much better valuations than EPC.
     
    shabbir, Jun 10, 2017
    Share #11
  12. yaljpmib

    yaljpmib Member

    Joined:
    Apr 29, 2017
    Messages:
    24
    Likes Received:
    23
    yaljpmib, Jun 10, 2017
    Share #12
    shabbir likes this.
  13. silentlyaddicted

    silentlyaddicted New Member

    Joined:
    May 6, 2017
    Messages:
    3
    Likes Received:
    2
    Occupation:
    Admin Professional
    Technically suzlon is not attractive right now, good on books but still as SHABBIR BHAI said i am also fan of turn around when they happen not in assumptions. Will wait and rather buy it at a bit expensive levels.


    Sent from my iPhone using DIY Technical Analysis mobile app
     
    silentlyaddicted, Jun 17, 2017
    Share #13
    shabbir likes this.
  14. yaljpmib

    yaljpmib Member

    Joined:
    Apr 29, 2017
    Messages:
    24
    Likes Received:
    23
    yaljpmib, Jun 17, 2017
    Share #14