HomeNewsBusinessStocksSuzlon agrees to sell 26% stake in Hansen; stock up 3%

Suzlon agrees to sell 26% stake in Hansen; stock up 3%

Suzlon Energy has agreed to sell 26% stake in Hansen Transmission Int to ZF Friedrichshafen AG, reports CNBC-TV18. It touched an intraday high of Rs 55.05 and an intraday low of Rs 52.35. At 12:19 hrs the share was quoting at Rs 54.55, up Rs 1.65, or 3.12%.

July 25, 2011 / 12:26 IST
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Suzlon Energy touched an intraday high of Rs 55.05 and an intraday low of Rs 52.35. At 12:19 hrs the share was quoting at Rs 54.55, up Rs 1.65, or 3.12%.


The company has agreed to sell 26% stake in Hansen Transmission Int to ZF Friedrichshafen AG, reports CNBC-TV18.
In last November, it had sold 35.2% of Hansen to raise about USD 361 million, bringing down its shareholding to 26%.
 
It was trading with volumes of 2,792,464 shares. In the previous trading session, the share closed up 0.67% or Rs 0.35 at Rs 52.90.

Share Price Movement During The Last 12 Months
PeriodPriceLatest PriceGain/Loss (Rs.)% Gain/Loss
3-Days50.7554.553.807.49
5-Days50.8554.553.707.28
7-Days50.0554.554.508.99
15-Days51.9554.552.605.00
1-Month45.1554.559.4020.82
3-Month55.2054.55-0.65-1.18
6-Month52.9554.551.603.02
9-Month59.4554.55-4.90-8.24
1-Year60.2054.55-5.65-9.39

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first published: Jul 25, 2011 12:22 pm

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