Suzlon Energy is currently trading at Rs. 42.00, up by 0.10 points or 0.24% from its previous closing of Rs. 41.90 on the BSE.
The scrip opened at Rs. 41.95 and has touched a high and low of Rs. 43.00 and Rs. 41.55 respectively. So far 1596581 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 66.30 on 01-Nov-2010 and a 52 week low of Rs. 39.80 on 09-Aug-2011.
Last one week high and low of the scrip stood at Rs. 50.25 and Rs. 39.80 respectively. The current market cap of the company is Rs. 7447.16 crore.
The promoters holding in the company stood at 54.84% while Institutions and Non-Institutions held 18.28% and 26.62% respectively.
Suzlon Energy (SEL), India’s largest wind turbine manufacturer, has bagged a repeat order from the Malpani Group to set up, operate and maintain projects totaling 29.70 MW. Malpani Group is a renowned business conglomerate in the state of Maharashtra with business interests in agro, entertainment and leisure, real estate and FMCG, in addition to wind energy.
In this sixth order to Suzlon, the Malpani Group has opted to include Suzlon’s recently launched S9X turbines in the product mix. The 29.70 MW order comprises of five units of S95 - 2.1 MW, seven units of Suzlon’s S88 - 2.1 MW and three units of Suzlon's S82 - 1.5 MW wind turbine generators. This project will take Malpani Group's total wind capacity to more than 125 MW, enough energy to power more than 72,000 Indian households.
Recently, the company had bagged cumulative new orders of 85 MW (megawatt) in India. The new orders are from a broad range of customers in corporate, PSU and small/ medium business segments. The key customers who placed the order include Gail India- Asia’s leading gas utility company and Navaratna PSU of the Government of India.
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.
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
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The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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