Suzlon fails to hold gains, slips 2.5%

The stock touched a low of Rs 85, down 7.5% from the day's high. In the process, the stock has gained 32% in the past month. The stock finally settled down 2.5% at Rs 87. Over 13 million shares were traded on the BSE today.
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(Updated at 1102 hrs)

Suzlon has gained 4% after the promoters' recent sale of shares to fund REpower stake.

The stock opened flat at Rs 90 and touched a high of Rs 92. It is currently trading at the above level with over four million shares traded on the BSE so far.

Tulsi Tanti and family sold 4% of their shares to fund the purchase of the REpower stake from Martifier Group. A total of 60 million shares were sold through opend maket transactions.