Suzlon currently has an outstanding order book of 1,331 MW in wind power and 231 MW in solar. This does not include the orders under its forging and maintenance businesses
Bajaj Auto | Laurus Labs | M&M | Bhushan Steel | SPARC | Deccan Cement are stocks, which are in news today.
Wind turbine manufacturer Suzlon today reported a consolidated net profit of Rs 578.99 crore in the fourth quarter ended March 31 mainly due to timely execution of orders.
Income from operations during the January-March period increased by 55.08 per cent to Rs 4992.59 crore from Rs 3219.30 crore a year-ago.
Watch the interview of Prakash Diwan, Market Expert at Altamount Capital Management with Latha Venkatesh, Anuj Singhal & Sonia Shenoy on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.
Since Government‘s emphasis on defence preparedness has been the Central theme, we would have been happy if some incentives by way of tax exemption or deferment on loan payments would have been announced for domestic industry.
In a BSE filing, Suzlon said, "It has been successfully repaid in cash, FCCBs worth USD 28.8 million in principal amount along with the applicable 8.7 per cent redemption premium".
Transition work has been started to shift Andhra Pradesh's capital from Hyderabad to Amaravati. A complete master plan of the new capital is expected to be ready by the first of June.
Uruguay aims to increase its energy from renewables in its total primary consumption to 50 per cent by 2015 as compared to about 40 percent in 2012. The 65.1 MW project will light up 20,300 households in Uruguay with clean energy.
HUL, ITC, BHEL, L&T and Coal India are top gainers in the Sensex. Among the losers are ONGC, Sesa Sterlite, Tata Steel, Tata Motors and Hindalco.
CNBC-TV18's Sonia Shenoy lists out stocks that you should focus on.
Check out the stocks that are buzzing the most on January 22 â€“ Suzlon, Hitachi Homes, Kohinoor Foods, GSFC, Kaveri Seeds, Global Offshore, Supreme Petro and L&T Finance.
REpower Systems will supply 20 wind turbines with an output of 2.05 MW each.
Each 6.2M152 turbine with a rated power of 6.15 MW can supply electricity to around 4,000 homes. From 2015, 6.2M152 turbine will enter commercial production, the statement added.
The project will be developed by Rouar SA, a joint venture between UTE, Uruguay's state-owned utility, and Brazilian utility Eletrobras, the largest in Latin America.
Axis Bank | Apollo Hospital | Suzlon | Jet Airways | Tata Motors | HCL Technologies | Muthoot Finance and MCX are stocks, which are in the news today.
Suzlon has set a goal of raising around USD 400 million by the end of this year and has identified around 13-14 domestic assets they will be looking to monetise.
Parag Doctor, head - trading strategies at Keynote Capital‘s said one must exit Suzlon Energy and Tata Teleservices Maharashtra (TTML). "They are sinking ships, making new lows and immediate prospects are not visible for both these stocks," he reasoned.
Mayuresh Joshi, VP Institution at Angel Broking said one should exit Suzlon Energy on rallies and enter Dabur India on declines.
The total income of Suzlon fell 36.37 per cent to Rs 4,336.44 crore from Rs 6,815.15 crore.
MMTC | Eros International | EIH | Unitech | DLF | Berger Paints | GSPL | Bharat Electronics | Fortis Healthcare | Suzlon Energy | Omaxe | Bharti Airtel | Havells | IVRCL and Videocon are stocks, which are in the news today.
ACC | Gujarat Gas | Titan | Finolex Ind | Piramal Enterprises | Kansai Nerolac | HEG | Bharat Forge | Jindal Poly | Suzlon | Adani Ports | HCC | VKS Projects | Aurobindo Pharma | Jaiprakash Associates and Tata Motors are stocks, which are in the news today.
Indian Overseas Bank, whose net profit in January-March tumbled 89 percent on year on sharp spike in provision expects the non-performing assets to come down going forward on restructuring of loans.
Hero MotoCorp | Sesa Goa | Jaypee Infra | Cholamandalam Finance | Motilal Oswal | Maruti | Maharashtra Seamless | Future Venture | UB Holdings | Tata Motors | Seshasayee Paper | Jet Airways and Suzlon Energy are stocks, which are in the news today.
Wind turbine maker Suzlon on Tuesday said it has implemented the USD 1.8 billion (Rs 9,500 crore) debt restructuring package that includes preferential allotment of shares to its lenders.