Suzlon Energy Limited is a wind power company with its base in India. The headquarters are situated at Pune, Maharashtra, India. It was founded way back in the year 1995. In spite of being a public company, as per the official reports, the total revenue for the fiscal year 2008-09 was $ 5.4 billion. Suzlon Energy Limited is supported by a strong employee bas of 13,000 people. The industry area of the company is renewable power. Key products produced from the company include unique wind turbines.
The company has earned the reputation of becoming the largest wind turbine manufacturer in the entire continent of Asia in terms of market share. Moreover in the same perspective it has earned the 5th rank worldwide. In terms of net asset or value, it is the most valuable power company in the entire world. The company is listed both in the Bombay Stock Exchange (BSE) & National Stock Exchange (NSE). It has several manufacturing sites all over India.
This Suzlon Energy Limited was the brain-child Mr. Tulsi Tanti and some of his friends hailing from Rajkot, India. He was a textile manufacturer to that. The increasing cost of electricity at that moment inspired him to look for an alternative which was the basis of today’s successful power company Suzlon Energy Limited. Another feather was added to its wing when in the year 2003 it became successful to make its first sale in the United States of America.
This indigenous success story is serving the traders as well who trades in the stocks of the company for both long term and short term benefits. If you intend to buy or sell stocks in the company then you can request expert tips and analysis from this platform which is always ready to help you out with successful trading calls.
Hold Suzlon Energy with stop loss of Rs 52 and exit on rally, says PK Agarwal of Purpleline Investment on Zee Business. The stock is currently trading at Rs 57.50, down 1.6% on the BSE.
Hold Suzlon Energy with stop loss of Rs 53 and exit at Rs 68, says Ashu Bagri, technical analyst, on NDTV Profit. The stock is currently trading at Rs 58.80, up 0.8% on the BSE.
Buy Suzlon Energy with 4-5 day target of Rs 65 and stop loss of Rs 55, says Rajesh Satpute, tehnical analyst, on CNBC Awaaz. The stock is currently trading at Rs 58.90, up 0.9% on the BSE.
Hold Suzlon Energy with stop loss of Rs 57, says Pankaj Jain of Satguru Capital on Zee Business. The stock is currently trading at Rs 58.15, down 0.6% on the BSE.