SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Suzlon moves up as its subsidiary wins 35 MW UK contracts

13 Dec 2011 Evaluate

Suzlon is currently trading at Rs 21.80, up by 0.10 points or 0.46% from its previous closing of Rs 21.70 on the BSE.

The scrip opened at Rs 21.65 and has touched a high and low of Rs 22.00 and Rs 21.35 respectively. So far 1363738 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 2 has touched a 52 week high of Rs 58.45 on 21-Apr-2011 and a 52 week low of Rs 21.10 on 21-Nov-2011.

Last one week high and low of the scrip stood at Rs 24.25 and Rs 21.55 respectively. The current market cap of the company is Rs 3856.88 crore.

The promoters holding in the company stood at 54.84% while Institutions and Non-Institutions held 16.67% and 28.33% respectively.

Suzlon Group’s wholly-owned subsidiary -REpower Systems SE- has signed deals for a total of 35 MW to supply wind turbines for Hall Farm, developed by Ridgewind/HG Capital, and Earls Hall Farm, developed by Renerco in the UK. The 10.25 MW wind farm at Earls Hall Farm near Clacton-on-Sea in Essex, will see REpower supply five MM92 turbines. The larger development at Hall Farm, located 5 km north of Beverly, North Humberside, will have a capacity of 24.6 MW, and consist of 12 MM82 REpower turbines.

This is the first contract REpower has signed with Germany-based Renerco Renewable Energy Concepts AG. REpower has already supplied eight MM92 turbines to Ridgewind/HG Capital for the Bagmoor windfarm.

The turbines at Earls Hall Farm, with a rated output of 2.05 MW each, will generate enough electricity to power the equivalent of at least 5,500 homes annually. The 12 MM82 turbines at Hall Farm will generate power for at least 14,000 homes annually. Together, these wind farms will be able to meet the energy demands of nearly 20,000 homes. Construction at Earls Hall Farm will start in the summer of 2012, and scheduled for completion later in the year. Hall Farm will start in the spring with a similar completion date.

Suzlon Energy is the flagship company of the dynamically growing Suzlon Group. Suzlon energy is leader in wind energy in the India, which is world’s fifth largest wind energy market. The company now has global presence in five continents with manpower of over 13,000 people located in 14 countries.

 

Suzlon Energy Share Price

58.45 -0.81 (-1.37%)
18-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
Havells India 1193.35
Siemens 3746.80
Apar Inds 15807.40
ABB India 7227.00
Waaree Energies 3065.35
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: