Suzlon Energy Ltd.

Suzlon Energy is currently trading at Rs. 21.45, up by 0.35 points or 1.66 % from its previous closing of Rs. 21.10 on the BSE.

The scrip opened at Rs. 21.25 and has touched a high and low of Rs. 21.95 and Rs. 20.65 respectively. So far 7601499 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 32.35 on 10-Feb-2012 and a 52 week low of Rs. 14.75 on 31-Aug-2012.

Last one week high and low of the scrip stood at Rs. 21.95 and Rs. 17.90 respectively. The current market cap of the company is Rs. 3856.88 crore.

The promoters holding in the company stood at 50.65% while Institutions and Non-Institutions held 9.95% and 39.19% respectively.

Suzlon Group, the world’s fifth leading and India’s largest wind turbine manufacturer has inked a contract for a 21.75 MW project with Sri Kumarswamy Mineral Exports (SKMEPL), Bellary. The project comprises nine units of Suzlon’s S66-1.25 MW and five units of Suzlon’s S88-2.1 MW wind turbines. The project is set to be commissioned in the Dindigul and Tirunelveli district of Tamil Nadu by the end of March 2013.

SKMEPL has an existing installed capacity of 29.25 MW from wind energy projects solely developed by Suzlon, operating in sites across Karnataka, Tamil Nadu and Maharashtra. This new order will augment SKMEPL’s existing renewable energy portfolio to 51 MW.

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.