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Day Movers: Know why Suzlon Energy rallied 20 per cent on the bourses on October 19
Shreya Banthia
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Day Movers: Know why Suzlon Energy rallied 20 per cent on the bourses on October 19

The renewable energy company bags order of 48.3 MW from Adani Green Energy.

Suzlon Energy, one of India’s leading renewable energy solutions provider, announced a new order win for the development of a 48.3 MW wind power project for Adani Green Energy Ltd. today. 

Shares of Suzlon Energy zoomed 20 per cent in today’s session logging day’s high at Rs 9.30 and closed at Rs 9.24, up 19.23 per cent from its previous close. The stock is trading at TTM PE of 4.94 with 52 week high and low of Rs 12.03 and Rs 5.43 respectively.

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