INDIA - Expansion drive hurts Suzlon

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INDIA - Expansion drive hurts Suzlon

Suzlon Energy was once one of India's darling stocks, but the firm's global strategy is taking its toll. Newly opened operations in America and China, combined with a double European acquisition, have hit margins and soured its story with analysts and investors. The company needs to move quickly to find its corporate personality, although it could still be a good long-term bet, writes Elliot Wilson.

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