Suzlon, the world’s fifth-largest turbine maker which dominates the Indian wind-generation market, purchased Hansen in 2006 for 565 million dollars in a deal it said had big synergies with its own wind turbine operations. Because of the downturn in the industry overall, in the year ending March 31, 2010, Suzlon is functioning at less than [...]
New Delhi: India’s biggest maker of wind-turbine generators, Suzlon Energy Ltd, declined the most in over six months on the Bombay Stock Exchange on Tuesday after posting a wider loss than analysts estimated as equipment orders slowed. Suzlon fell 13%, the most since 16 April, to Rs58.25. The shares had their longest losing streak since [...]
Tags: SUZLON
