Suzlon Energy is currently trading at Rs. 24.75, up by 0.30 points or 1.23% from its previous closing of Rs. 24.45 on the BSE.
The scrip opened at Rs. 24.55 and has touched a high and low of Rs. 24.85 and Rs. 24.55 respectively. So far 9,84,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 58.45 on 21-Apr-2011 and a 52 week low of Rs. 17.25 on 02-Jan-2012.
Last one week high and low of the scrip stood at Rs. 25.60 and Rs. 23.65 respectively. The current market cap of the company is Rs. 4,398.00 crore.
The promoters holding in the company stood at 52.76% while Institutions and Non-Institutions held 13.38% and 33.70% respectively.
Suzlon Group’s subsidiary REpower UK, has signed a contract to supply turbines for Renerco’s Cotton Farm wind farm in Cambridgeshire, England. The Cotton Farm wind farm is the second contract REpower has signed with Renerco in the past four months, and will see eight REpower MM92 machines installed. The MM92 turbines have a rated output of 2.05 MW each.
Cotton Farm Wind Farm will have a total rated output of 16.4 megawatts (MW), and will generate enough electricity to power the equivalent of nearly 10,000 homes annually. Construction at Cotton Farm is due to start in October 2012 and is expected to be completed by February 2013.
Since its launch in 2004, REpower UK has delivered 37 onshore wind farms in Scotland, England and Wales and two offshore wind farms: Project Beatrice in the North Sea and its largest offshore contract to date, Ormonde wind farm.
Suzlon Group comprises of Suzlon Energy and its subsidiaries, including Repower Systems SE. 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.
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MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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