Sensex, Nifty sluggish; Suzlon jumps 4%,

Shares of Suzlon Energy surged over 4 percent amid reports that Sun Pharma’s Dilip Shanghvi will provide as much as Rs 3,800 crore of security that will help the wind turbine maker in availing credits. Dilip Shanghvi is the founder and managing director of Sun Pharmaceuticals. As per reports, Dilip Shanghvi will provide as much as Rs 3,800 crore (USD 610 million) of security for Suzlon Energy to help the maker of wind turbines fill orders and return to profit.



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Posted in: Indian Market Tips