Suzlon Energy rose 1.62% to Rs 28.15 at 14:16 IST on BSE, with the stock recovering on bargain hunting after recent steep slide.
Meanwhile, the S&P BSE Sensex was down 31.25 points or 0.12% at 25,170.55.
On BSE, so far 61.01 lakh shares were traded in the counter as against average daily volume of 51.91 lakh shares in the past one quarter.
The stock was volatile. The stock rose as much as 4.15% at the day's high of Rs 28.85 so far during the day. The stock lost as much as 3.97% at the day's low of Rs 26.60 so far during the day. The stock hit a record low of Rs 5.72 on 28 August 2013. The stock had hit a 52-week high of Rs 36.80 on 12 June 2014.
The stock had outperformed the market over the past one month till 19 June 2014, advancing 58.47% compared with the Sensex's 3.44% rise. The scrip had also outperformed the market in past one quarter, jumping 177.56% as against Sensex's 15.43% rise.
The small-cap wind turbine manufacturer has equity capital of Rs 533.63 crore. Face value per share is Rs 2.
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Shares of Suzlon Energy had slumped 23.37% in six trading sessions to settle at Rs 27.70 on Thursday, 19 June 2014, from a recent high of Rs 36.15 on 11 June 2014.
Suzlon Energy reported a consolidated net loss of Rs 603.45 crore in Q4 March 2014, lower than net loss of Rs 1912.72 crore in Q4 March 2013. Net sales rose 53.7% to Rs 6580.96 crore in Q4 March 2014 over Q4 March 2013.
The Suzlon Group is ranked as the world's fifth largest wind turbine supplier, in terms of cumulative installed capacity and market share, at the end of 2013. The company's global spread extends across Asia, Australia, Europe, Africa and North and South America with over 24,000 MW of wind energy capacity installed, operations across over 31 countries and a workforce of over 10,000. The Group -headquartered at Suzlon One Earth in Pune, India -comprises Suzlon Energy and its subsidiaries, including Senvion SE.
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