Suzlon surges on bagging orders for a combined capacity of 111.30 MW

Suzlon Energy Ltd. | Electric Equipment | Capital Goods & Industrial Consumables | BSE: 532667 | NSE: SUZLON

23 Sep 2016 Evaluate

Suzlon Energy is currently trading at Rs. 16.10, up by 0.25 points or 1.58% from its previous closing of Rs. 15.85 on the BSE.

The scrip opened at Rs. 16.00 and has touched a high and low of Rs. 16.30 and Rs. 15.80 respectively. So far 1751719 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 25.25 on 02-Nov-2015 and a 52 week low of Rs. 12.80 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 16.55 and Rs. 15.75 respectively. The current market cap of the company is Rs. 8089.28 crore.

The promoters holding in the company stood at 21.02%, while institutions and non-institutions held 22.96% and 56.03% respectively.

Suzlon Group, one of the leading renewable energy solutions providers in the world, has bagged orders for a combined capacity of 111.30 MW between August to September 2016. This combined capacity Includes orders from reputed corporate houses such as Serum Institute of India, Rajasthan Gum Group, and an assortment of SME customers.

The Corporate and SME orders have been received from mixed bag of customers across diverse industry segments including Chemical, Infrastructure, Manufacturing, Textiles, Power, Entertainment, Food & Agro, Handicrafts, Logistics, Trading and Pharma. These orders Include Suzlon’s latest product offerings the S11 190m tubular tower and S97 120m hybrid tower and also the time-tested S97 90m and S95 90m tubular tower models all with a rated capacity of 2.1 MW each.

The company will provide the entire spectrum of turnkey solutions right from equipment supply till commissioning and also offer dedicated life cycle asset management services for a contractually defined period to these customers. The projects are spread across the key windy states of Andhra Pradesh, Gujarat, Karnataka and Tamil Nadu, and are scheduled to be completed by March 2017.

Suzlon Group is one of the leading renewable energy solutions providers in the world with an international presence across 19 countries in Asia, Australia, Europe, Africa and North and South America.

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
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