Suzlon Energy shines on completing sale of Prathamesh Solarfarms

Suzlon Energy shines on completing sale of Prathamesh Solarfarms

by admin- Friday, February 1st, 2019 04:35:56 PM

Suzlon Energy is presently trading at Rs. 4.92, up by way of zero.22 points or four.Sixty eight% from its preceding ultimate of Rs. 4.70 on the BSE.

The scrip opened at Rs. 4.Seventy three and has touched a excessive and occasional of Rs. 5.00 and Rs. 4.Seventy two respectively. So a long way 1379487 shares had been traded on the counter.

The BSE institution ‘A’ stock of face cost Rs. 2 has touched a fifty two week excessive of Rs. 15.09 on 01-Feb-2018 and a fifty two week low of Rs. Four.53 on 31-Jan-2019.

Last one week excessive and coffee of the scrip stood at Rs. 5.10 and Rs. Four.Fifty three respectively. The cutting-edge market cap of the organisation is Rs. 2649.25 crore.

The promoters conserving in the organization stood at 19.Eighty two%, at the same time as Institutions and Non-Institutions held 14.89% and 65.29% respectively.

Suzlon Energy has completed sale of securities of its subsidiary employer — Prathamesh Solarfarms held by using the employer to Ostro and as a result Prathamesh has ceased to be a subsidiary of the corporation. The enterprise sold its stability stake in Prathmesh for a attention of Rs fifty seven.09 crore.

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