No Sir, It is not at all wise to bet here. There are way more better companies to invest in. It is not at all worth investing in this company.
Why am I doing ?
It is all Risk/Reward. If I have an exit criteria of lets say at 50% loss but the upside is 100% than the Risk/Reward is 1:2. I am mentally prepared that how much I am ready to loose at a portfolio level.
India has big aspirations in RE and wind is going to be a big contributor and I believe that this industry is consolidating as smaller companies are not able to generate cash. Like last year SUZLON market share on the basis of installation was 42% and historically it was 33%.
As they keep reducing debt their cash flow keep increasing and the entire game is about price and volumes.
I have clearly mentioned that it is Calculated GAMBELING so I am betting on Suzlon with keeping the RISK in my mind. If wind installation increases which I am hoping then there is a possibility that I can make money.
The bottom line is this is not worth an investment and we should not be putting our money in it.
Why I keep posting here is If I am Wrong that others can learn from my mistake and if I am right then I make money
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