Stocks

Order win lifts Suzlon Energy stock

K. S. Badri Narayanan Chennai | Updated on October 11, 2011

The stock of Suzlon Energy remained firm after the company informed the stock exchanges that it has bagged an order from Sri Lanka.

According to a statement on the BSE, the company has won a repeat order from Senok, to supply 10 units of Suzlon's S88-2.1-MW turbines, aggregating 21-MW wind turbine generators.

The company, however, did not disclose the financial details of the project.

The stock, which jumped to a high of Rs 38.10 in early part of the day, is currently hovering at Rs 37.65, a gain of 0.7 per cent over the previous day’s close of Rs 37.40.

Senok Group is a diversified business conglomerate of Sri Lanka with interest across construction machinery, automotives, infrastructure development, haulage, mining and tea.

Published on October 11, 2011

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