India's Suzlon Energy jumps on order from NTPC Green Energy

Suzlon Energy

09/09/2024 06:58

** Shares of Suzlon Energy  SUZL.NS  up 2.4% to 76.47 rupees
    ** Renewable energy firm said it got wind energy order for
1,166 megawatt capacity 
    ** Order from NTPC Green Energy, the renewables arm of NTPC
 NTPC.NS   
    ** Order takes SUZL's cumulative order book to 5 gigawatt
    ** Analysts' avg rating on stock is "Buy", in line with peer
Inox Wind  INWN.NS , while JSW Energy  JSWE.NS  is rated "Hold"
- LSEG data 
    ** Median PT on SUZL stock is 71 rupees - a 5% discount on
last close 
    ** Stock has nearly doubled so far this year, at current
price 

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))