suzlon energy

The third- largest wind turbines maker of Asia, Suzlon Energy Ltd. (SUEL) will be soon paying its bondholders, once they decide to redeem the convertible securities next year.
The India’s bigg…

There has been a deal struck between Suzlon Energy and Hansen Transmissions Internationals NV from Belgium. It has been revealed that Suzlon shall be liable to a certain amount of refund after the stakes from Hansel have been sold. This might be able t…

Suzlon betting on emerging marketsAlternate-based energy company, Suzlon Energy has said that it is betting big time on the emerging markets. They also declared their financial to between Rs 24,000 crore-26,000 crore this fiscal. As their report suggested, it has been the outcome of recovery in world markets.

read more

Suzlon stock jumps

Suzlon energy denied the rumor of a Spanish company buying a stake in the company on Tuesday, which helped the stock of the company rise to the month’s high on BSE and NSE.

The stock has been underperforming despite the company getting decent amount of contracts in the recent past.

With an increase in the volumes of shares traded to 1.4 crore shares being traded on the BSE, compared to its two-week average figure of about 56 lakh shares, the stock rose from Rs. 54 after opening to touch an high of Rs. 57 and finally ending at Rs. 56. The total growth registered was 2.6% during the day.

read more