MoneyWorks4Me

Wind power major Suzlon Energy has bagged two orders worth over Rs 200 crore from third-party operators. Suzlon's 100% subsidiary Seforge, engaged in manufacturing of large size castings and large diameter forged and machined rings, has received two-third party orders worth Rs 120 crore from an independent wind turbine tower manufacturer for tower flanges, and Rs 80 crore for castings. The country is witnessing a strong growth momentum not only in wind, but also in non-wind sectors like oil and gas, and particularly in markets such as North America. Looking ahead, the company expects the oil and gas sector to contribute around 20% of its forging division's revenues in FY13.

Peers
Company Name CMP
Waaree Energies 2493.55
Apar Industries 17972.00
Havells India 1099.30
Suzlon Energy 41.00
Siemens 3850.00
View more..