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Friday, October 29, 2010

Opinion on SUZLON

Some of you asked about Suzlon. I do not see Suzlon showing much strength in the immediate future. If it slips to 52, it will slide further to 48-49. In the longer term horizon of 2 years, I expect Suzlon to streamline operations, reduce debt and go back into profits. And then it can climb back to 100-110.

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