Suzlon gains on new order from ONGC - The New Indian Express

Suzlon gains on new order from ONGC

Published: 26th February 2013 11:18 AM

Last Updated: 26th February 2013 11:18 AM

Suzlon Energy, the world's fifth leading and India's largest wind turbine manufacturer, gained on Tuesday after it received an order for a 102.9 MW project from Oil & Natural Gas Corporation (ONGC).

The project comprises 49 units of Suzlon's S88 - 2.1 MW wind turbines and will be commissioned in the FY 2013-14. The project will be commissioned in the state of Rajasthan. Shares ofthe companyare trading at Rs 22.55, up Rs 0.3, or 1.35% at the Bombay Stock Exchange (BSE) on Tuesday at 10:40 a.m.The scrip has touched an intra-day high of Rs 22.65 and low of Rs 21.60. The total volume of shares traded at the BSE is 1,767,087.In the earlier session, the shares declined 3.89%, or Rs 0.9, at Rs 22.25. Currently, the stock is trading down 26.67% from its 52-week high of Rs 30.75 and above 52.88% over the 52-week low of Rs 14.75.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 23.00 (0.75) (3.26) 1 Month 21.10 1.15 5.45 3 Months 17.05 5.20 30.50 6 Months 15.05 7.20 47.84 1 Year 24.50 (2.25) (9.18) Note: Based on previous day closing price.

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