Suzlon Energy is trading at RS. 55.41, up by 1.07 points or 1.97% from its previous close of RS. 54.34 on the BSE.
The stock opened at RS. 54.38 and has touched a high of RS. 55.71 and a low of RS. 54.00 during the session. A total of 74,34,018 shares have been traded so far.
Classified under BSE group 'A', the stock with a face value of RS. 2 has recorded a 52-week high of RS. 86.04 on September 12, 2024, and a 52-week low of RS. 37.95 on May 13, 2024. Over the past week, it has traded between RS. 55.71 and RS. 52.18. The company’s current market capitalization stands at RS. 75,641.24 crore.
In terms of shareholding, promoters hold 13.25%, while institutions and non-institutions own 31.76% and 54.99% respectively.
In a major development, Suzlon Group has won a 100.8 MW EPC wind power order from Sunsure Energy, marking Sunsure’s entry into the wind energy sector. The project will be located in Jath, Maharashtra. Under the agreement, Suzlon will supply 48 advanced S120 wind turbine generators (WTGs) with Hybrid Lattice Towers (HLT), each having a capacity of 2.1 MW.
Suzlon will handle the supply, installation, project execution—including erection and commissioning—as well as provide end-to-end operations and maintenance services post-commissioning. The project aims to bolster Sunsure Energy’s renewable portfolio and contribute to delivering Round-The-Clock power in Maharashtra.
Suzlon Energy, the flagship company of the Suzlon Group, is a key player in India's wind energy sector, which is the fifth-largest wind energy market in the world.