Suzlon surges 6% on fund raising news

Suzlon Energy, one of the largest wind turbine suppliers among top five companies in world, rallied over 6% as the company is in advance stage to raise USD 300 million to meet FCCB obligation, reports CNBC-TV18.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead Travelcafe
moneycontrol.com

Home » News » Buzzing Stocks

May 21, 2012, 04.20 PM | Source: Moneycontrol.com

Suzlon surges 6% on fund raising news

Suzlon Energy, one of the largest wind turbine suppliers among top five companies in world, rallied over 6% as the company is in advance stage to raise USD 300 million to meet FCCB obligation, reports CNBC-TV18.

Like this story, share it with millions of investors on M3

Suzlon surges 6% on fund raising news

Suzlon Energy, one of the largest wind turbine suppliers among top five companies in world, rallied over 6% as the company is in advance stage to raise USD 300 million to meet FCCB obligation, reports CNBC-TV18.

Post Your Comments

Share Cancel

Suzlon Energy , one of the largest wind turbine suppliers among top five companies in world, rallied over 6% as the company is in advance stage to raise USD 300 million to meet FCCB obligation, reports CNBC-TV18.

Suzlon is seeking short-term extension from bondholders. It already sought up to 45 days extension from bondholders. Foreign currency convertible bonds (FCCBs) of the company are due for redemption on June 12

At 15:10 hours IST, the share was trading at Rs 21.40, up 6.20%. Market capitalisation of the company stands at Rs 3,803.56 crore.
 
Its trading volumes increased 11% to 46,90,048 shares as compared to its 5-day average of 42,28,961 shares.

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
Suzlon surges 6% on fund raising news

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login