Suzlon has no access to REpower's 750 mn Euro loan

REpower said that Suzlon Energy does not have access to company's 750 million euro loan, reports CNBC-TV18, quoting agencies.

REpower received 750 million euro bank loan in the month of March.
On the back of this news, Suzlon Energy slipped 4% or Rs 1.20 at Rs 28.80 on the BSE. It touched an intraday high of Rs 30.25 and an intraday low of Rs 28.55.
 
There were pending buy orders of 31,341 shares, with no sellers available. The total traded volumes were of 7,862,752 shares.
In the previous trading session, the share closed up 2.74% or Rs 0.80 at Rs 30.00.
The share touched its 52-week high Rs 58.45 and 52-week low Rs 17.25 on 21 Apr, 2011 and 02 Jan, 2012, respectively. Currently, it is trading -50.73% below its 52-week high and 66.96% above its 52-week low. Market capitalisation stands at Rs 5,118.81 crore.