Remain invested in Suzlon Energy: Tulsian

Investment Advisor SP Tulsian is of the view that one can remain invested in Suzlon Energy.

Tulsian told CNBC-TV18, "This is definitely not the level to make a fresh entry in Suzlon Energy, but those who are holding can definitely remain invested because the company is making all the efforts by raising money and increasing their stake in RE Power, which they have been holding on. There is a good value in that company also.”

He further added, “If one sees the overall market cap of the company it is close to 2 billion which itself is quite low. Taking all into consideration I do not think that entry at these levels at Rs 60 is feasible. If somebody wants on a day to day trading basis can initiate a long call but with a stoploss. For the investors I do not think this is the right time to buy maximum, if one is invested remain continued or holding it.”

Disclosure: Analyst doesn't hold the above stock.