Three points to be highlightedL
That’s the view even I’m having. AMSC is a proxy for INOX with 63% of its revenue coming from there, as of now!
Gujarat Fluorochemicals Limited
Guj Fluorochemicals has not moved an inch over the same period even though 70% of its market capitalisation is due to INOX Wind.
My understanding is that Suzlon is past its worst time and has a well wisher of a promoter!. However it is still not “Well Funded”. http://economictimes.indiatimes.com/markets/stocks/news/suzlon-to-seek-shareholders-nod-to-raise-rs-2000-crore/articleshow/53672579.cms . Moreover, they are not in the same market as INOX is. Atleast they weren’t till now!. Wind Power market has a number of sub clusters: IPP, Corporate, PG companies…