Suzlon Energy touched an intraday high of Rs 56.85 and an intraday low of Rs 53.90. At 10:33 hrs the share was quoting at Rs 56.65, up Rs 2.40, or 4.42%.
Gamesa is looking at picking up majority stake in the company, quoting Sources, reports CNBC-TV18.
The deal is likely to value Suzlon at market cap of around USD 3 billion. The current market cap is at around USD 2 billion.
It was trading with volumes of 6,228,281 shares. Yesterday the share closed down 0.73% or Rs 0.40 at Rs 54.25.
| Share Price Movement During The Last 12 Months | ||||
| Period | Price | Latest Price | Gain/Loss (Rs.) | % Gain/Loss |
| 3-Days | 54.55 | 56.65 | 2.10 | 3.85 |
| 5-Days | 51.95 | 56.65 | 4.70 | 9.05 |
| 7-Days | 50.65 | 56.65 | 6.00 | 11.85 |
| 15-Days | 51.20 | 56.65 | 5.45 | 10.64 |
| 1-Month | 51.70 | 56.65 | 4.95 | 9.57 |
| 3-Month | 58.30 | 56.65 | -1.65 | -2.83 |
| 6-Month | 58.00 | 56.65 | -1.35 | -2.33 |
| 9-Month | 73.40 | 56.65 | -16.75 | -22.82 |
| 1-Year | 89.90 | 56.65 | -33.25 | -36.99 |
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