Many folks asked me to do an evaluation for Suzlon in Dec 2012. I predicted the price to be 27.44 in a few months when the market price was only 18. Some termed it as a gutsy call given 52%expected rise in price, but the price did go up to 26.9 as predicted. Snapshot of my Suzlon Analysis Dec 2012 showing prediction for prices in Jan, Feb 2013 is shown here.
I am sharing this information for those who still want to invest in the company because my latest calculations (not shown here) predict an upward trend again in a few months.
Disclaimer- Although I used CAPM (which we all know is not error free), I did take into account a lot of systematic risk factors, macro economic factors and future possibilities in this calculation. I have studied and followed the company for more than 3 years now.
I am sharing this information for those who still want to invest in the company because my latest calculations (not shown here) predict an upward trend again in a few months.
Disclaimer- Although I used CAPM (which we all know is not error free), I did take into account a lot of systematic risk factors, macro economic factors and future possibilities in this calculation. I have studied and followed the company for more than 3 years now.
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