BAD DAYS ARE HERE AGAIN:
SUZLON Q2
Suzlon is set to report extremely bad nos with LOSS at Operating level ( after profit of many quarters)
As per Denofwealth estimates, Suzlon can report *LOSS of 12-15 Crores at Ebidta level Vs Bloomberg estimate of PROFIT 450cr Ebidta level Vs Ebidta profit of 550 Cr YoY*
Topline should also miss by 7-8% Vs Bloomberg estimate
_Net Loss can be 250+ Crores unless mgtmnt does one off write back_
With Wind Power tariff hitting rock bottom, near term future of Suzlon should have losses only as entire Wind Power industry is indeed under severe stress( look at Inox wind)
Stock can fall to 13-14 levels
A GOOD SELL OPPORTUNITY
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