Suzlon jumps 4% on ONGC order

DALAL STREET SPIKES

Suzlon Energy gained 4 per cent to Rs 1,906.30 on BSE, after the company said it has secured an order from ONGC for 51 mw wind turbine. Suzlon will install the wind turbines as a part of ONGC's project in the Kutch region of Gujarat.

Suzlon Energy's net profit rose 40.3 per cent to Rs 355.58 crore on a 31.3 per cent growth in sales of Rs 1,687.46 crore in the September quarter over the previous comparable period.