MediumPositive
Announced Tue, 30 Jun · 10:51 IST
Multibagger renewable energy stock Suzlon Energy share price gains on 105 MW order win; do you own?
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Suzlon Energy secured its first commercial order of 105 MW for the newly launched S175 (5.0 MW) wind turbine from Sunsure Energy, just two weeks after the product launch. The project involves supply, erection, commissioning and maintenance of 21 turbine units in Karnataka's Bijapur district, taking Sunsure's cumulative partnership with Suzlon to 400.8 MW in less than 14 months. The stock gained 1.7% to Rs 58.15 on BSE following the announcement despite broader market weakness.