Suzlon Energy has soared 5% to Rs 25.80, extending its previous day’s 16% rally, after the company said it has signed 138 megawatt (MW) firm order in South Africa.
“Suzlon to supply 66 S 88 turbines totaling 138.6 MW for the Cookhouse Wind Farm in the Eastern Cape Province of Republic of South Africa under turnkey EPC contract,” Suzlon Group, the world’s fifth largest wind turbine supplier, said in a statement.
The stock opened at Rs 25.25 and hit a high of Rs 26.55, its highest level since April 2012 on BSE. A combined 57.14 million shares have changed hands on the counter so far on both the exchanges.
