Suzlon Energy gains as its arm launches 3-MW turbine for low-wind locations in Canada

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

09 Oct 2013 Evaluate

Suzlon Energy is currently trading at Rs 7.15, up by 0.37 points or 5.46% from its previous closing of Rs 6.78 on the BSE.

The scrip opened at Rs. 6.89 and has touched a high and low of Rs 7.45 and Rs 6.73 respectively. So far 5196567 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 7.00 and Rs 6.43 respectively. The current market cap of the company is Rs 1543.77 crore.

The promoters holding in the company stood at 37.78%, while Institutions and Non-Institutions held 26.84% and 35.17% respectively.

Suzlon Group, the fifth-largest manufacturer of wind turbines in the world, has launched REpower 3.0 M122 turbine as a 60-Hz variant for the Canadian market. REpower Systems SE, a subsidiary within this Group, will be presenting its variant of the 3.0M122 for the Canadian market at the CanWEA trade fair. The 3.0M122 is designed especially for the specific conditions encountered at low-wind locations. The first variant with a hub height of 100 metres will go on sale in Canada in late 2013. The prototype is to be erected in the first quarter of 2015.

The REpower 3.0M122 has a rated output of 3.0 megawatts and a rotor diameter of 122 metres. Thanks to the larger rotor combined with the hub height of 100 metres, use at low-wind sites can be made even more cost effective, thereby helping to reduce energy costs.

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

54.98 -0.67 (-1.20%)

08-May-2026 16:59 View Price Chart

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