Suzlon Energy Ltd.

BSE: 532667 | NSE: SUZLON
Mid Cap | Electric Equipment
47.86
-1.92 (-3.86%)
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Suzlon Energy climbs higher on the bourses

Date: 06-06-2012

Suzlon Energy is currently trading at Rs. 17.65, up by 0.50 points or 2.92% from its previous closing of Rs. 17.15 on the BSE.

The scrip opened at Rs. 17.40 and has touched a high and low of Rs. 17.85 and Rs. 17.25 respectively. So far 39,37,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 55.80 on 25-Jul-2011 and a 52 week low of Rs. 17.00 on 05-Jun-2012.

Last one week high and low of the scrip stood at Rs. 19.50 and Rs. 17.00 respectively. The current market cap of the company is Rs. 3,137.00 crore.

The promoters holding in the company stood at 52.76% while Institutions and Non-Institutions held 14.04% and 33.02% respectively.

Suzlon Group, the world’s fifth largest wind turbine manufacturer, has launched its newest wind turbine - the S111 - 2.1 MW machine designed for low wind speed sites. The turbine features a rotor diameter of 111 meters, and a swept area of more than 9,500 square meters, the S111 is the latest generation of Suzlon’s 2.1 MW fleet, and one of the highest-yielding IEC Class III wind turbines of any comparable class machine.

The S111 program will have its first prototype operational in late 2013 and serial production will begin in 2014. With the launch of the new S111 - 2.1 MW the company has officially made the turbine available for sale. In addition to being backed by the company's award-winning safety program and service team, the S111 customer will further benefit from a 10-year all-inclusive service and warranty program.

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.