SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Suzlon rises on concluding 100% stake sale of Senvion

30 Apr 2015 Evaluate

Suzlon Energy is currently trading at Rs. 24.15, up by 0.15 points or 0.62% from its previous closing of Rs. 24.00 on the BSE.

The scrip opened at Rs. 24.00 and has touched a high and low of Rs. 24.40 and Rs. 23.75 respectively. So far 1124662 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. 10.89 on 22-Oct-2014.

Last one week high and low of the scrip stood at Rs. 26.30 and Rs. 22.30 respectively. The current market cap of the company is Rs. 9151.12 crore.

The promoters holding in the company stood at 28.39% while Institutions and Non-Institutions held 36.43% and 34.95% respectively.

Suzlon Group has completed 100% stake sale of Senvion SE, a wholly owned subsidiary to Centerbridge Partners. The transaction closure follows the binding agreement signed with Centerbridge Partners on January 22, 2015 for a total cash consideration of 1 billion euro and future potential earn out of up to an additional 50 million euro.

The completion of the sale transaction has enabled Suzlon to raise approximately Rs 7,000 crore in cash, of which a substantial portion is intended to be utilized towards debt reduction and volume growth.

Suzlon Group’s sale of Senvion SE is aligned with the group’s strategy to reduce the debt and focus on the home market and high growth market like USA and emerging markets like China, Brazil, South Africa, Turkey and Mexico.

According to the agreement, Senvion will give Suzlon license for offshore technologies for the Indian market and Suzlon to give Senvion the S111-2.1 MW license for the USA market.

 

Suzlon Energy Share Price

54.98 -0.67 (-1.20%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Havells India 1255.50
Siemens 3823.90
Apar Inds 12808.00
ABB India 7009.05
Waaree Energies 3229.35
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×