Suzlon Energy in demand on bagging new orders of 85 MW in India

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

10 Aug 2011 Evaluate

Suzlon Energy is currently trading at Rs 42.50, up by 2.20 points or 5.46% from its previous closing of Rs 40.30 on the BSE.

The scrip opened at Rs 42.00 and has touched a high and low of Rs 42.70 and Rs 41.60 respectively. So far 3309959 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 2 has touched a 52 week high of Rs 66.30 on 01-Nov-2010 and a 52 week low of Rs 39.80 on 09-Aug-2011.

Last one week high and low of the scrip stood at Rs 53.50 and Rs 39.80 respectively. The current market cap of the company is Rs 7162.78 crore.

The promoters holding in the company stood at 54.84% while Institutions and Non-Institutions held 18.28% and 26.62% respectively.

Suzlon Energy, India’s wind turbine manufacturer has bagged cumulative new orders of 85 MW (megawatt) in India. These new orders are from a broad range of customers in corporate, PSU and small/ medium business segments. The key customers who have placed the order include Gail India- Asia’s leading gas utility company and Navaratna PSU of the Government of India.

The 14.7 MW order from GAIL comprises of seven units of Suzlon’s S88-2.1 MW wind turbines, to be commissioned in Gujarat within six months from the date of the order. This is the second wind energy project order placed by GAIL and Suzlon. Other key customers who have placed order include Khatau Narbheram & Company, Oswal Group, KBBL and Varun Industries.

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.

Suzlon Energy Share Price

53.25 -0.81 (-1.50%)

11-Jun-2026 16:59 View Price Chart

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