Investors in debt-laden Suzlon Energy saw their wealth erode by a staggering Rs 4,100 crore in less than a year, as value of the wind turbine maker's shares more than halved from its 52-week high of Rs 39.10.
Shares of Suzlon Energy, which has failed to get more time to repay overseas debt worth USD 221 million, has taken a severe beating in the past many months. The scrip that touched the 52-week high of Rs 39.10 on October, 2011 has since then tumbled to close at Rs 15.90 on October 12, 2012 on the BSE.
Shares of Suzlon Energy, which has failed to get more time to repay overseas debt worth USD 221 million, has taken a severe beating in the past many months. The scrip that touched the 52-week high of Rs 39.10 on October, 2011 has since then tumbled to close at Rs 15.90 on October 12, 2012 on the BSE.