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Suzlon surges as its arm wins 105 MW order for projects in Canada

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

17 Dec 2012 Evaluate

Suzlon Energy is currently trading at Rs. 18.95, up by 0.35 points or 1.88% from its previous closing of Rs. 18.60 on the BSE.

The scrip opened at Rs. 18.75 and has touched a high and low of Rs. 19.25 and Rs. 18.70 respectively. So far 2050292 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. 19.25 and Rs. 18.05 respectively. The current market cap of the company is Rs. 3368.11 crore.

The promoters holding in the company stood at 52.76% while Institutions and Non-Institutions held 8.52% and 38.54% respectively.

Suzlon Group- subsidiary -RE power Systems SE has concluded a contract with Wpd Europe GmbH, a subsidiary of project developer Wpd AG, for the delivery of a total of 51 wind turbines. As part of this, a service and maintenance agreement (ISP) for a total of 15 years for the new projects was also concluded.

The RE power MM92 turbines, each with a rated power of 2.05 megawatts (MW), are intended for a total of six projects, Whittington, Spring wood, White Pines, Napier Sumac Ridge and Fairview, to be construction and commissioned in 2014.

In order to serve its growing business presence in Canada and to meet the 50 percent domestic content requirement of the Green of the Green Energy Act, RE power also decided to setup a new rotor manufacturing facility in Southern Ontario

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.

Suzlon Energy Share Price

53.09 0.61 (1.16%)

21-Apr-2026 16:59 View Price Chart

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Suzlon surges as its arm wins 105 MW order for projects in Canada

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