Suzlon Energy is currently trading at Rs 24.10, up by 0.30 points or 1.26% from its previous closing of Rs 23.80 on the BSE.
The scrip opened at Rs 23.70 and has touched a high and low of Rs 24.40 and Rs 23.50 respectively. So far 2123544 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 2 has touched a 52 week high of Rs 58.45 on 21-Apr-2011 and a 52 week low of Rs 22.70 on 18-Nov-2011.
Last one week high and low of the scrip stood at Rs 35.35 and Rs 22.70 respectively. The current market cap of the company is Rs 4230.13 crore.
The promoters holding in the company stood at 54.84% while Institutions and Non-Institutions held 16.67% and 28.33% respectively.
Suzlon Energy, the world's fifth largest wind turbine supplier, has bagged a 23 MW order, its fourth consecutive order from GAIL (India). The order comprises 11 units of Suzlon’s S88 - 2.1 MW wind turbines, to be commissioned in states of Tamil Nadu and Karnataka by the end of the financial year 2011-12.
This is GAIL's fourth order placed with Suzlon, with first two projects located in Gujarat. The first 4.5 MW project, comprising Suzlon’s S-82 1.5 MW wind turbines, was commissioned in March 2010, and the second 14.7 MW project is currently under execution. A part of these projects is meant to fulfill GAIL's captive power requirements, with the remainder for power sales to the respective local power distribution utilities. The sale of the power generated to the local power distribution utilities will be under the long-term power purchase agreement (PPA) at the fixed preferential feed-in tariff.
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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MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
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.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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