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• Suzlon Energy shares rose as much as 7% to an intra-day high of 30.25 on media reports that the company's subsidiary in Brazil has sold wind farms worth $300 million.However, the stock shed early gains to end at 29.20, up 3.4%, after market participants realised that the order was a part of an earlier deal and would not have any financial implications for the company.

• In 2011, Protugal-headquartered Martifer Group had placed an order with Suzlon's Brazil arm for wind turbines aggregating to 220 megawatts. Suzlon sources said that of these 220 mw, Martifer sold 90 mw to customers, while the balance 130 mw were bought back by Suzlon Energy and sold to other customers. Suzlon bought back the wind turbines and sold them to another customer due to regulatory reasons and this would no have financial implications, Suzlon sources said.

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