Suzlon Energy Limited
BlackRock took a new position in Suzlon Energy, acquiring 169,028,603 shares, representing a 1.23% stake, worth ₹8,787.99 Cr at ₹51.99 apiece.
A vertically integrated renewable energy solutions provider, Suzlon designs, develops, and manufactures wind turbine generators and major components including rotor blades, tubular towers, generators, control equipment, gears, and nacelles. The company undertakes installation and operation and maintenance services for all wind turbine systems it sells. Its integrated approach spans the entire wind energy value chain from component manufacturing to comprehensive after-sales support.
World's largest asset manager, headquartered in New York. Manages USD 14 trillion globally. India FPI exposure spans active funds, iShares ETFs and emerging market strategies.