Thursday, February 26, 2009

Suzlon Energy

Shares of Suzlon Energy surged by over 2.5% to Rs41.3 after the company announced that, Suzlon Energy Australia Pty Ltd., a step-down wholly owned subsidiary of the company entered into an agreement with AGL Energy Ltd for supply of 54 units of Suzlon's S88-2.1 MW wind turbine generators translating to 113.4 MW capacity in Australia in 2009. The scrip touched an intra-day high of Rs42.6 and a low of Rs41 and recorded volumes of over 62,00,000 shares on BSE.

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