Suzlon Energy surges as its group secures order from AMPIN Energy Transition for wind power project
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Suzlon Energy is currently trading at Rs. 48.50, up by 1.15 points or 2.43% from its previous closing of Rs. 47.35 on the BSE.
The scrip opened at Rs. 47.35 and has touched a high and low of Rs. 49.29 and Rs. 47.00 respectively. So far 3402637 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 52.19 on 04-Jun-2024 and a 52 week low of Rs. 13.28 on 23-Jun-2023.
Last one week high and low of the scrip stood at Rs. 50.45 and Rs. 45.13 respectively. The current market cap of the company is Rs. 64728.33 crore.
The promoters holding in the company stood at 13.29%, while Institutions and Non-Institutions held 25.86% and 60.85% respectively.
Suzlon Group has won new order for the development of 103.95 MW wind power project for AMPIN Energy Transition. Suzlon will install 33 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3.15 MW each at the client’s site in the Fatehgarh district in Rajasthan. This order is for the company's larger rated 3.15 MW, S144?140m turbines from the 3 MW product series.
As part of the agreement, Suzlon will supply the wind turbines (equipment supply) and execute the project, including erection and commissioning. Suzlon will also undertake 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. Suzlon Group comprises of Suzlon Energy and its subsidiaries.
