Suzlon Energy is currently trading at Rs 27.65, up by 0.65 points or 2.41% from its previous closing of Rs 27.00 on the BSE.
The scrip opened at Rs 27.40 and has touched a high and low of Rs. 28.10 and Rs 26.40 respectively. So far 9571828 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 36.80 on 12-Jun-2014 and a 52 week low of Rs. 9.50 on 27-Mar-2014.
Last one week high and low of the scrip stood at Rs 31.35 and Rs 25.80 respectively. The current market cap of the company is Rs. 9714.32 crore.
The promoters holding in the company stood at 32.75% while Institutions and Non-Institutions held 33.71% and 33.29% respectively.
Suzlon Energy, a wind power major has received its shareholders' approval for sale of its subsidiary Senvion to US-based private equity firm Centrebridge. The deal to sell Senvion was finalised in January for a billion Euros (about Rs 7200 crore).
Furthermore, the company has also received approval for issue of 100 crore equity shares on a preferential basis. The shareholders approval process was conducted through a postal ballot and all the proposed resolutions were approved by requisite majority.
Suzlon Energy is leader in wind energy in the India, which is world’s fifth largest wind energy market. Its business model has range of services that include development, manufacturing, marketing, EPC project delivery and operations and maintenance of wind turbine generators around the world.
