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Suzlon soars as its arm wins two contracts in France

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

19 Dec 2013 Evaluate

Suzlon Energy is currently trading at Rs. 9.60, up by 0.28 points or 3.00% from its previous closing of Rs. 9.32 on the BSE.

The scrip opened at Rs. 9.39 and has touched a high and low of Rs. 9.70 and Rs. 9.36 respectively. So far 922284 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. 10.05 and Rs. 9.22 respectively. The current market cap of the company is Rs. 2330.04 crore.

The promoters holding in the company stood at 40.34% while Institutions and Non-Institutions held 26.35% and 33.11% respectively.

Suzlon Group-subsidiary REpower Systems SE has concluded with GDF-SUEZ futures energies two contracts, totaling 40 MW, for the supply of twenty wind turbines MM92 and MM80 types with a nominal output of 2.05 megawatts (MW) each. REpower will provide with the full maintenance of these two wind farms for a minimum of five years.

To fulfill the requirements of the Somme Soude wind farm site in the northern-eastern region of Champagne-Ardenne, nine turbines will be supplied with 92 metres rotor diameter at different hub heights (80m and 100m) and one turbine with 82 meters rotor diameter. Project deliveries are planned for spring 2014, and commissioning for September, 2014.

Ten MM92 turbines with 100 metres hub height are intended for Hangest wind farm located in the Northern region Picardie. The delivery and the erection of the wind turbines are planned for summer 2014, and the commissioning for October 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.

Suzlon Energy Share Price

52.94 2.68 (5.33%)

17-Apr-2026 16:59 View Price Chart

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