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The founder, Tulsi Tanti, oversaw a 20-person textile company in 1995. Due to the inconsistent local supply and growing prices, electricity was the second-highest business expense after raw materials. The cost of electricity would also offset whatever profits the company gained. Tanti founded Suzlon Energy and migrated into the wind energy sector to suit the energy needs of the textile company after supplying his own business with electricity.
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Suzlon Share Price About Suzlon Ltd. About Suzlon Share.
About Suzlon Ltd. • The founder, Tulsi Tanti, oversaw a 20-person textile company in 1995. Due to the inconsistent local supply and growing prices, electricity was the second-highest business expense after raw materials. The cost of electricity would also offset whatever profits the company gained. Tanti founded Suzlon Energy and migrated into the wind energy sector to suit the energy needs of the textile company after supplying his own business with electricity. Clients would be responsible for 25% of the initial capital investment, while Suzlon would arrange the remaining 75% on loan, according to the company's adopted business strategy. Banks were initially reticent to provide loans for this approach, but by 2008, a large number of Indian banks had begun funding wind generating projects for Suzlon customers.
About Suzlon Share • The market value of the outstanding shares of a publicly listed firm is known as market capitalization, often known as market cap. As of 6 February '23, Suzlon Energy's market capitalization was 13,036 Cr. • The share price of any stocks is volatile and keeps changing throughout the day owing to different factors. Suzlonshare price is ₹9.05 as of 6 Feb '23.
