Suzlon Energy is currently trading at Rs 6.19, up by 0.22 points or 3.69% from its previous closing of Rs 5.97 on the BSE.
The scrip opened at Rs 6.09 and has touched a high and low of Rs 6.25 and Rs. 6.00 respectively. So far 305603 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 2 has touched a 52 week high of Rs 26.90 on 06-Feb-2013 and a 52 week low of Rs 5.72 on 28-Aug-2013.
Last one week high and low of the scrip stood at Rs 6.50 and Rs 5.72 respectively. The current market cap of the company is Rs 1340.53 crore.
The promoters holding in the company stood at 37.78% while Institutions and Non-Institutions held 26.84% and 35.17% respectively.
Wind turbine maker Suzlon Energy is planning to mop up around Rs 5,000 crore through allotting equity shares, GDRs (Global Depository Receipts), ADRs (American Depository Receipts), FCCBs (Foreign Currency Convertible Bonds) or NCDs (Non Convertible Debentures) with warrants or such other securities.
The company will use the proceeds to meet the company’s financial requirements and improve the financial leveraging strength of the company.
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.
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