Ventura Research Report – Suzlon Energy

Based on our interactions, we have marginally upgraded our target on Suzlon by 4% to Rs 44.5 (12xFY20EV/EBIDTA). Our confidence in the sector has been bolstered given India’s recent commitment (at the Plenary Session of St. Petersburg International Economic Forum (SPIEF 2017) to cut back on carbon emissions. In addition Suzlon is also looking to…

Bloodbath continues…

At one point of time, the Sensex was down around 14%. There was news of some morons shouting slogans against the Finance Minister outside the Bombay Stock Exchange office. Not surprising, these must be the traders who lost the most and were just looking for scapegoats. These are the same ones who would have had…