Selling pressure on Suzlon: Seshadri Bharathan

Seshadri Bharathan, MD & CEO, KSEMA Fincon Ltd, spoke to ET Now on Suzlon.

Suzlon post the rights issue would you still be negative on the counter?

Definitely yes a) there is a huge debt on the books rights issue is at Rs 63.

If you look at the execution capability of the company I think as far as the order flow goes and the execution goes there is a clear mismatch company lacks on the execution front and I think there would be selling pressure on the stock.