Suzlon Energy’s ₹1,200 cr rights issue oversubscribed 1.8x times; share rises 3%
Suzlon issued 240 crore partly paid‐up equity shares at a price of ₹5 apiece to the eligible equity shareholders of the company, which was subscribed by 1.8 times.
suzlon energy fortune500 snapshot 8
October 2022
September 2022
Suzlon secures order from Adani Green Energy; stock rises 6%
Suzlon Group has won a new order for the development of a 48.3 MW wind power project for Adani Green Energy.
Suzlon Energy’s promoters re-confirm participation in rights issue; stock rises up to 3%
The ₹1,200-crore rights issue of Suzlon Energy will open for subscription on October 11 and will close on October 20.
Gap-down opening seen for Sensex, Nifty; Suzlon Energy, Bata, Zydus Lifesciences shares eyed
The Sensex and Nifty are set to open lower on Monday, following weak cues from Asian peers and a negative finish on Wall Street on Friday.
Tulsi Tanti, CMD, Suzlon Group passes away
Tulsi Tanti, the founder, president and CEO of Suzlon Group, suffered a cardiac arrest on October 1 and passed away on the same day.
Adani Green Energy snaps 5-session losing streak; surges 20%
Adani Green Energy share witnesses a trend reversal as it gains after falling 15% in the past five sessions.
Suzlon Energy shares rise 5% on plan to raise ₹1,200 crore via rights
The funds raised through the rights issue will be used for repayment of a portion of outstanding borrowings and to meet general corporate purposes.
Sensex, Nifty to open higher; Suzlon, Ambuja Cements, Nykaa, Essar Shipping shares eyed
The Sensex and Nifty are poised to open higher on F&O expiry day, in line with global equities after the Bank of England intervened in the bond market to stabilise financial markets.
Suzlon Energy stock rises 20%, hits upper circuit; here’s why
The renewable energy stock, which opened with a gain of 3.41%, outperformed the sector by 6.27% and touched an intraday high of ₹10.57 (19.98%)
