Highlighting the need for restructuring, Suzlon Energy said that the amalgamation would result in simplified group structure to further improve transparency.
Suzlon Energy share price: The stock was trading at Rs 32.15 level, up 2.61 per cent. The scrip has climbed 292 per cent in the last six months, thanks to optimism over its robust order book and deleveraged balance sheet.
Suzlon Energy share price jumped around 17% on Wednesday to hit a 52-week high of Rs 14.35 apiece. The stock settled over 8% higher in the previous session. Watch this Visual Story to check what is driving the rally in this multibagger penny stock.
Share price of Suzlon Energy gained 5.89 per cent to Rs 7.90 against the previous close of Rs 7.46 on BSE. Market capitalisation of Suzlon Energy rose to Rs 7,836 crore.
Tracking Suzlon Energy stock today: Share price of Suzlon Energy gained 3.73 per cent to Rs 11.11 against the previous close of Rs 10.71 on BSE. The market capitalisation of Suzlon Energy rose to Rs 10,532 crore.