Suzlon Energy is currently trading at Rs. 17.60, up by 0.55 points or 3.23% from its previous closing of Rs. 17.05 on the BSE.
The scrip opened at Rs. 17.30 and has touched a high and low of Rs. 17.60 and Rs. 17.25 respectively. So far 1375864 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 32.35 on 10-Feb-2012 and a 52 week low of Rs. 14.75 on 31-Aug-2012.
Last one week high and low of the scrip stood at Rs. 17.40 and Rs. 15.15 respectively. The current market cap of the company is Rs. 3057.07 crore.
The promoters holding in the company stood at 52.76% while Institutions and Non-Institutions held 8.52% and 38.54% respectively.
Wind turbine maker, Suzlon Energy’s lenders have agreed to restructure about Rs 10,000 crore of its debt. The world's fifth largest wind turbine maker suffered badly during the debt crisis and has a total debt worth Rs 10,829 crore. The restructuring will give some respite to the company.
In the restructuring process there are eighteen banks which will be involved in total. The entity has defaulted on foreign loans worth more than about Rs 1,100 crore last month after offshore lenders refused to give more time for repayment.
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