Suzlon Energy gains after its group bags new order for development of 47.6 MW wind power project
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Suzlon Energy is currently trading at Rs. 17.99, up by 0.05 points or 0.28% from its previous closing of Rs. 17.94 on the BSE.
The scrip opened at Rs. 18.00 and has touched a high and low of Rs. 18.54 and Rs. 17.63 respectively. So far 23649258 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 18.54 on 04-Jul-2023 and a 52 week low of Rs. 5.43 on 28-Jul-2022.
Last one week high and low of the scrip stood at Rs. 18.54 and Rs. 16.62 respectively. The current market cap of the company is Rs. 22513.92 crore.
The promoters holding in the company stood at 14.50%, while Institutions and Non-Institutions held 13.19% and 72.30% respectively.
Suzlon Group has won new order for the development of a 47.6 MW wind power project for The KP Group. The project is located at Vagra in Bharuch district in Gujarat and is expected to be commissioned in 2024.
Suzlon will supply their S133 wind turbines (equipment supply) and supervise execution and commissioning of the project. Suzlon will also provide comprehensive operations and maintenance services post?commissioning.
Suzlon Energy is a pioneer in providing end-to-end wind power solutions for increasing demand for wind energy over the world. It has state of the art R & D centers & training campuses in India.
