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Vivek

Vivek Shah  |60 Answers  |Ask -

Financial Planner - Answered on Jun 19, 2023

Vivek Shah is a SEBI registered investment advisor and certified financial planner from FPSB India. He has over 18 years of experience in financial planning.
Shah founded Finrise, a financial planning and wealth management firm, in 2011. He believes that equity investment is the only way to generate long term wealth.
He has an MBA in finance, a degree in chartered accountancy and is a registered life planner from Kinder Institute of Life Planning, USA.... more
Harish Question by Harish on Jun 10, 2023Hindi
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Is Suzlon Energy a good option for long term ?

Ans: There are lot of development happening in Renewable energy space. So currently you can hold Suzlon with very high level of tracking on the performance of the company and stock price movement. One thing you need to note is that PROMOTOR is being selling their stake since 2 years on continuous basis which is not good sign. Secondly Institutions are also selling their stake on continuos basis and only Retail is increasing their stake and that may be trap also.

There are other good businesses to hold in renewable space rather than Suzlon. If you are already holding Suzlon than its better to evaluate on regular basis and think of exiting it in future.

Disclaimer: Information shared is only for Education purpose and not an investment advise. Kindly contact your advisor for comprehensive advise.
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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