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Suzlon Energy falls after defaulting on payment of Rs 7256.38 crore

09 Jan 2020 Evaluate

Suzlon Energy is currently trading at Rs. 2.92, down by 0.32 points or 9.88% from its previous closing of Rs. 3.24 on the BSE.

The scrip opened at Rs. 2.92 and has touched a high and low of Rs. 2.92 and Rs. 2.92 respectively. So far 195006 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 8.40 on 06-Mar-2019 and a 52 week low of Rs. 1.80 on 30-Dec-2019.

Last one week high and low of the scrip stood at Rs. 3.60 and Rs. 2.48 respectively. The current market cap of the company is Rs. 1553.37 crore.

The promoters holding in the company stood at 19.82%, while Institutions and Non-Institutions held 10.81% and 69.37% respectively.

Suzlon Energy has defaulted on the payment of Rs 7256.38 crore to a consortium of 18 lenders, led by State Bank of India (SBI). This amount includes interest of Rs 538.94 crore and principal amount of Rs 6717.44 crore. The company has also disclosed that total amount due to financial creditors stands at Rs 12785.17 crore.

Suzlon Energy is a leader in wind energy in India. The company is a pioneer in providing end-to-end wind power solutions for increasing demand for wind energy over the world.

Suzlon Energy Share Price

54.34 -0.56 (-1.02%)
06-May-2026 16:59 View Price Chart
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