India's Suzlon Energy rises on order win

Suzlon Energy

28/12/2023 07:59

** Shares of Suzlon Energy  SUZL.NS  rise ~4% to 38.50
rupees
    ** Co says it won order for development of 300 MW wind power
project in southern Indian state of Karnataka
    ** Order to supply 100 wind turbines with capacity of 3 MW
each; order value not specified by co
    ** Stock has been trading above 50, 100 and 200-day moving
averages since May
    ** SUZL set for best year ever
    ** Stock has seen nearly three-fold rise so far this year

 (Reporting by Kashish Tandon in Bengaluru)
 ((kashish.tandon@thomsonreuters.com))