The initial public offer of the state-run Power Grid Corp of India has been fully subscribed on the first day, data from the National Stock Exchange showed.
India Hot Stocks: Taneja Aerospace up on likely land sale
Mon Sep 10, 2007 2:31 PM IST
MUMBAI, Sept 10 (Reuters) - The following stocks were on the move at the BSE on Monday.
At 2.28 p.m. the benchmark 30-share BSE index <.BSESN> was down 0.03 percent at 15,585.72 points.
The 50-share National Stock Exchange Index <.NSEI> was down 0.11 percent at 4,505.25 points.
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* Taneja Aerospace & Aviation Ltd's (TANE.BO: Quote) shares rose by the maximum daily limit of 10 percent on expectations of a land sale, two traders said. The company is close to selling large tracts of land on the outskirts of Bangalore for more than 3 billion rupees, they said. Taneja Aerospace officials could not be reached for comment. The shares were at 184.85 rupees.
(2:27 p.m.)
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* Construction firm Gammon India Ltd (GAMM.BO: Quote) fell 7 percent to 429 rupees after the media on Sunday reported the collapse of an under-construction flyover being built by the firm in the southern city of Hyderabad. Traders said this could affect Gammon's ability to get new contracts.
(10:45 a.m.)
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* Chennai-based Malar Hospitals Ltd (MLRH.BO: Quote) fell 7 percent, to 33.50 rupees after a unit of Fortis Healthcare Ltd (FOHE.BO: Quote) agreed to buy 28 percent stake from the founders of Malar at 30 rupees a share.
(10:13 a.m.)
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* Lloyds Metals & Engineers Ltd (LYMT.BO: Quote) jumped 5 percent, the maximum daily limit, after its board approved a five-for-one stock split.
(10:12 a.m.)
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by Reuters
The 50-share National Stock Exchange Index <.NSEI> was down 0.11 percent at 4,505.25 points.
India Hot Stocks: Taneja Aerospace up on likely land sale
Mon Sep 10, 2007 2:31 PM IST
MUMBAI, Sept 10 (Reuters) - The following stocks were on the move at the BSE on Monday.
At 2.28 p.m. the benchmark 30-share BSE index <.BSESN> was down 0.03 percent at 15,585.72 points.
The 50-share National Stock Exchange Index <.NSEI> was down 0.11 percent at 4,505.25 points.
-----------------------------------------------
* Taneja Aerospace & Aviation Ltd's (TANE.BO: Quote) shares rose by the maximum daily limit of 10 percent on expectations of a land sale, two traders said. The company is close to selling large tracts of land on the outskirts of Bangalore for more than 3 billion rupees, they said. Taneja Aerospace officials could not be reached for comment. The shares were at 184.85 rupees.
(2:27 p.m.)
-----------------------------------------------
* Construction firm Gammon India Ltd (GAMM.BO: Quote) fell 7 percent to 429 rupees after the media on Sunday reported the collapse of an under-construction flyover being built by the firm in the southern city of Hyderabad. Traders said this could affect Gammon's ability to get new contracts.
(10:45 a.m.)
------------------------------------------------
* Chennai-based Malar Hospitals Ltd (MLRH.BO: Quote) fell 7 percent, to 33.50 rupees after a unit of Fortis Healthcare Ltd (FOHE.BO: Quote) agreed to buy 28 percent stake from the founders of Malar at 30 rupees a share.
(10:13 a.m.)
---------------------------------------------
* Lloyds Metals & Engineers Ltd (LYMT.BO: Quote) jumped 5 percent, the maximum daily limit, after its board approved a five-for-one stock split.
(10:12 a.m.)
---------------------------------------------
by Reuters
The 50-share National Stock Exchange Index <.NSEI> was down 0.11 percent at 4,505.25 points.
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