Suzlon Energy is currently trading at Rs. 7.24, up by 0.27 points or 3.87% from its previous closing of Rs. 6.97 on the BSE.
The scrip opened at Rs. 7.08 and has touched a high and low of Rs. 7.29 and Rs. 7.00 respectively. So far 787062 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. 7.45 and Rs. 6.43 respectively. The current market cap of the company is Rs. 1528.63 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 world’s fifth largest wind energy company, has bagged a new contract in Uruguay with a 65 MW project. The project, located in the southern Department of Colonia in Uruguay, is developed by Rouar S.A., a unique joint venture between UTE - Uruguay’s state-owned utility, and Brazilian utility Eletrobras - the largest in Latin America.
The wind farm will be supplied with 31 units of the S95 - 2.1 MW wind turbine with a hub height of 90 meters, part of Suzlon’s S9X portfolio optimized for medium to low wind regimes. Suzlon will be responsible for full EPC delivery for the project, scheduled for completion in September 2014.
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.
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