Suzlon Energy share price jumps 3% on securing first order win by ArcelorMittal – Buy, sell or hold?

Multibagger stock Suzlon Energy share price climbed over 3% in intra-day deals on Wednesday, January 28 after the company secured its first 248.5 MW Wind Order from ArcelorMittal. The order marks a significant milestone for Suzlon, as it is the company’s first engagement with the ArcelorMittal Group and further strengthens its position in India’s renewable energy-driven industrial decarbonisation space.

“This order is part of the 550 MW hybrid project in Gujarat where the wind order has been awarded to Suzlon for captive use for ArcelorMittal Nippon steel facilities in India.

Read more

You may also like

Comments are closed.

More in Live Mint