Suzlon Energy Ltd.

Suzlon is currently trading at Rs. 20.55, up by 0.05 points or 0.24% from its previous closing of Rs. 20.50 on the BSE.

The scrip opened at Rs. 20.45 and has touched a high and low of Rs. 21.25 and Rs. 20.10 respectively. So far 4301844 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. 17.25 on 02-Jan-2012.

Last one week high and low of the scrip stood at Rs. 21.25 and Rs. 17.65 respectively. The current market cap of the company is Rs. 3634.71 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 subsidiary - REpower Systems SE, has concluded a contract with an East Coast US wind power developer for the delivery of 73 wind turbines. The REpower MM92 turbines, with an overall power output of 150 megawatts (MW), are destined for a project in Oklahoma, located in the south-central region of the United States.

The wind turbines each have a rated output of 2.05 MW, a rotor diameter of 92 metres and a hub height of 80 metres. Due to the climatic conditions the turbines are equipped with the hot climate option, which eases operation during the dry, hot summer months in that region of the country. The delivery and initial operation of the turbines is planned for the third and fourth quarters of CY2012.

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.