{"id":277938,"date":"2019-06-11T05:06:07","date_gmt":"2019-06-11T05:06:07","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=277938"},"modified":"2019-06-11T05:20:42","modified_gmt":"2019-06-11T05:20:42","slug":"suzlon-energy-tanks-24-after-report-says-deal-with-vestas-could-fall-apart","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/suzlon-energy-tanks-24-after-report-says-deal-with-vestas-could-fall-apart\/","title":{"rendered":"Suzlon Energy tanks 24% after report says deal with Vestas could fall apart"},"content":{"rendered":"<p>Shares of Suzlon Energy tanked as much as 24.47 per cent to Rs 3.95 intra-day during the afternoon deals on the BSE on Monday after reports suggested that the electrical equipment manufacturer could not crack a deal with Danish firm, Vestas Wind Energy, for stake sale. <\/p>\n<p>At 1:45 pm, the stock was quoting Rs 4.43 per share, down 15.13 per cent, against a 0.3 per cent rise in the benchmark S&amp;P BSE Sensex. The S&amp;P BSE500, on the other hand, was up 0.2 per cent. Suzlon Energy is one of the constituents of the index. <\/p>\n<p>According to a report by TV channel, CNBC TV-18, the deal beween Pune-based wind turbine manufacturer and Vestas Wind Systems hit a roadblock due to a potential &#8220;valuation mismatch&#8221;. Vestas&#8217; offer to buy promoter Tulsi Tanti and investor Dilip Shanghvi&#8217;s stake for one billion euros expired on June 3 with no response from Suzlon.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Suzlon Energy tanked as much as 24.47 per cent to Rs 3.95 intra-day during the afternoon deals on the BSE on Monday after reports suggested that the electrical equipment manufacturer could not crack a deal with Danish firm, Vestas Wind Energy, for stake sale. At 1:45 pm, the stock was quoting Rs 4.43 per share, down 15.13 per cent, against a 0.3 per cent rise in the benchmark S&amp;P BSE Sensex. The S&amp;P BSE500, on the other hand, was up 0.2 per cent. Suzlon Energy is one of the constituents of the index. According to a report by [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-277938","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/277938","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=277938"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/277938\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=277938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=277938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=277938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}