Suzlon is currently trading at Rs 21.80, up by 0.10 points or 0.46% from its previous closing of Rs 21.70 on the BSE.
The scrip opened at Rs 21.65 and has touched a high and low of Rs 22.00 and Rs 21.35 respectively. So far 1363738 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 21.10 on 21-Nov-2011.
Last one week high and low of the scrip stood at Rs 24.25 and Rs 21.55 respectively. The current market cap of the company is Rs 3856.88 crore.
The promoters holding in the company stood at 54.84% while Institutions and Non-Institutions held 16.67% and 28.33% respectively.
Suzlon Group’s wholly-owned subsidiary -REpower Systems SE- has signed deals for a total of 35 MW to supply wind turbines for Hall Farm, developed by Ridgewind/HG Capital, and Earls Hall Farm, developed by Renerco in the UK. The 10.25 MW wind farm at Earls Hall Farm near Clacton-on-Sea in Essex, will see REpower supply five MM92 turbines. The larger development at Hall Farm, located 5 km north of Beverly, North Humberside, will have a capacity of 24.6 MW, and consist of 12 MM82 REpower turbines.
This is the first contract REpower has signed with Germany-based Renerco Renewable Energy Concepts AG. REpower has already supplied eight MM92 turbines to Ridgewind/HG Capital for the Bagmoor windfarm.
The turbines at Earls Hall Farm, with a rated output of 2.05 MW each, will generate enough electricity to power the equivalent of at least 5,500 homes annually. The 12 MM82 turbines at Hall Farm will generate power for at least 14,000 homes annually. Together, these wind farms will be able to meet the energy demands of nearly 20,000 homes. Construction at Earls Hall Farm will start in the summer of 2012, and scheduled for completion later in the year. Hall Farm will start in the spring with a similar completion date.
Suzlon Energy is the flagship company of the dynamically growing Suzlon Group. Suzlon energy is leader in wind energy in the India, which is world’s fifth largest wind energy market. The company now has global presence in five continents with manpower of over 13,000 people located in 14 countries.
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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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