Suzlon gains on new contract
By IRIS
21st September 2012 11:18 AM
Suzlon Energy gained on Friday after
Suzlon Group-subsidiary REpower Systems SE and WSB Neue Energien
GmbH signed a contract for the delivery and construction of 22
REpower MM92 wind turbines.
The turbines, each with a rated power
of 2.05 megawatts (MW), are intended for the Taczalin project near
Legnica in the Polish province of Lower Silesia. Construction and
commissioning of the wind farm, which will have a total power
output of 45.1 MW, are scheduled for completion in August
2013.Shares ofthe companyare trading at Rs 16.88, up Rs 0.37, or
2.24% at the Bombay Stock Exchange (BSE) on Friday at 11:03 a.m.The
scrip has touched an intra-day high of Rs 16.95 and low of Rs
16.40. The total volume of shares traded at the BSE is 847,531.In
the earlier session, the shares declined 3.73%, or Rs 0.64, at Rs
16.51. Currently, the stock is trading down 59.18% from its 52-week
high of Rs 41.35 and above 14.44% over the 52-week low of Rs
14.75.
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