Suzlon adds Rs 7.9 bn in m-cap as stock gains 21% in two days

Suzlon Energy extends gain for the second dayon Fridayon the back ofstrong order inflows.The world's fifth largest wind turbine supplierannounced today the company securedorder for 138 MW wind farm in South Africa.This follows 350 MW wind farm order win announced onThursday.

With today's gain of 4.5%, shares of the companywent up by21%since Wednesday's closing. While the market capitalisation increased byRs 7.9 billion to Rs 45.6 billion.

Shares of the company are trading at Rs 25.60, up Rs 1.1, or 4.49% at the Bombay Stock Exchange (BSE) on Friday at 11:46 a.m. In the earlier session, the shares gained 15.57%, or Rs 3.3, at Rs 24.50.

Total volume of shares traded on the bourses today was higher by 44.81% to 79,021,681 compared with 22-day average volume of 54,570,935.

The scrip has touched an intra-day high of Rs 26.55 and low of Rs 25.20.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 21.10 3.40 16.11 1 Month 18.65 5.85 31.37 3 Months 15.65 8.85 56.55 6 Months 17.95 6.55 36.49 1 Year 29.55 (5.05) (17.09) Note: Based on previous day closing price.