India Hot Stocks: Jagran Prakashan rises on stock split plan
Fri Oct 19, 2007 2:58 PM IST
(Adds Jagran Prakashan)
MUMBAI, Oct 19 (Reuters) - The following stocks were on the move at the BSE on Friday.At 2:54 p.m. the benchmark 30-share BSE index <.BSESN> was down 1.8 percent at 17,678.74 points.The 50-share National Stock Exchange Index <.NSEI> was down 1.8 percent at 5,252.75 points.
* Jagran Prakashan Ltd (JAGP.BO: Quote) extended gains to hit 599 rupees after the newspaper publisher said its board would consider a stock split on Oct. 29. The stock has eased to 575 rupees, up 6.5 percent. (2:53 p.m.)
* Asian Paints Ltd (ASPN.BO: Quote) recovered more than 1.5 percent from a low of 925 rupees after the paint maker reported a better-than-expected July-September net profit of 1.08 billion rupees, up 40 percent from a year ago. The share was trading at 935 rupees, still down 1.3 percent.
* Godavari Fertilisers & Chemicals Ltd (GDVF.BO: Quote) rose 8.2 percent to 158 rupees after its quarterly net profit rose 48 percent. The firm reported net profit of 487.1 million rupees for Sept quarter from 330.1 million rupees a year ago.
* Software services firm Wipro Ltd (WIPR.BO: Quote) rose 1.7 percent to 505 rupees after it posted a 17-percent rise in quarterly profit under U.S. accounting rules, beating forecasts. The firm reported a net profit of 8.12 billion rupees against 6.96 billion rupees a year ago.
* Drug firm Saamya Biotech (India) Ltd (SABI.BO: Quote) listed up 75 percent to its issue price of 10 rupees a share. The shares in the company touched a high of 22 rupees and low of 15 rupees. Shares were trading at 16.75 rupees.
India Hot Stocks:Petronet up on earnings, Quintegra on US buy
Thu Oct 18, 2007 12:22 PM IST
MUMBAI, Oct 18 (Reuters) - The following stocks were on the move at the BSE on Thursday.At 12:11 p.m. the benchmark 30-share BSE index <.BSESN> was up 2.3 percent at 19,141.71 points.The 50-share National Stock Exchange Index <.NSEI> was up 2.9 percent at 5,722.60 points.
* Petronet LNG (PLNG.BO: Quote) rose nearly 10 percent to a high of 82.30 rupees after the transporter of liquefied natural gas posted a 75 percent rise in September-quarter net profit to 1.16 billion rupees. The share have eased to 81.70 rupees, up 9.2 percent.
* Quintegra Solutions Ltd (QUIN.BO: Quote) rose by its daily-maximum limit of 5 percent to 119.40 rupees after the company said it had bought U.S.-based PA Corp for $49 million.
* Tata Consultancy Services Ltd (TCS.BO: Quote) extended gains after India's top software services exporter secured a $1.2 billion 10-year contract from information and media firm Nielsen Co. to provide IT services for the latter's global operations. The shares are trading 4.7 percent higher at 1,147 rupees.
* Reliance Industries Ltd (RELI.BO: Quote) rose 3 percent to 2,770 rupees ahead of the quarterly results of India's biggest listed company. The firm is expected to post a 25 percent rise in quarterly earnings to 33.79 billion rupees.
* Supreme Infrastructure India Ltd (SIIL.BO: Quote) listed at 71 percent premium to the issue price of 108 rupees. Shares in the company touched a high of 224 rupees and low of 170 rupees. Shares in the company were trading at 189.70 rupees.
India Hot Stocks: Action Construction gains on stock split plan
MUMBAI, Oct 17 (Reuters) - The following stocks were on the move at the BSE on Wednesday.At 3:30 p.m. the benchmark 30-share BSE index <.BSESN> was down 2.05 percent at 18,660.67 points.The 50-share National Stock Exchange Index <.NSEI> was down 2.37 percent at 5,533.90 points.
* Action Construction Equipment Ltd (ACEL.BO: Quote) extended gains up to 378.60 rupees after the company said its board will consider a stock split on October 25. The stock was up 3.5 percent at 376 rupees.
* Drug maker Alembic Ltd (ALMC.BO: Quote) extended gains after it said it had entered into a deal with Inorbit Malls for sale of land in Vadodara, Gujarat. Shares in the company were up 5.7 percent at 90.60 rupees.
* Deccan Chronicle Holdings Ltd (DCHL.BO: Quote) extended gains up to 190 rupees after the newspaper publisher said its board will meet on October 26 to consider a buyback of shares, and to also consider private placement of shares in wholly-owned subsidiary Sieger Solutions Ltd. The stock was trading at 185 rupees, up 8.6 percent.
* Software firms like Infosys Technologies (INFY.BO: Quote), Satyam Computer Services (SATY.BO: Quote), Tata Consultancy Services (TCS.BO: Quote) are up 0.5-2.6 percent after the Indian rupee fell sharply against dollar on Wednesday. The Indian rupee <INR=> was trading at 39.69 to a dollar from Tuesday's close of 39.34.
* Communication services firm Dhanus Technologies Ltd (DHAT.BO: Quote) listed at a premium of 1.8 percent to its issue price of 295 rupees. Shares in the firm touched high of 350 rupees and low of 251.60 rupees. Shares in the company were trading at 293.50 rupees.
India Hot Stocks:Arvind Mills, Adlabs slip after futures curb
Tue Oct 16, 2007 11:33 AM IST
(Adds Adlabs, Arvind Mills and Nagarjuna Fertilizers)
MUMBAI, Oct 16 (Reuters) - The following stocks were on the move at the BSE on Tuesday.At 11:32 a.m. the benchmark 30-share BSE index <.BSESN> was down 0.26 percent at 19,009.72 points.The 50-share National Stock Exchange Index <.NSEI> was down 0.32 percent at 5,651.50 points.
* Arvind Mills Ltd (ARMI.NS: Quote ), Nagarjuna Fertilizers & Chemicals Ltd (NGFR.NS: Quote) and Adlabs Films (ADLF.NS: Quote) are down 2-3.5 percent after the NSE curbed fresh positions in the derivatives contracts of these three firms.
* Real estate firm Housing Development & Infrastructure Ltd (HDIL.BO: Quote) rose 4.5 percent to 799.50 rupees after it signed an agreement for slum rehabilitation and development around the airport and part of the cleared land with the Mumbai International Airport Pvt Ltd.
* Lender IFCI Ltd (IFCI.BO: Quote) climbed 3.7 percent to 91.40 rupees after its net profit for the September quarter soared. It reported profit of 4.97 billion rupees from 1.16 billion rupees a year ago.
India Hot Stocks: KLG Systel at new high on strong earnings
Mon Oct 15, 2007 2:54 PM IST
MUMBAI, Oct 15 (Reuters) - The following stocks were on the move at the BSE on Monday. At 2:49 p.m. the benchmark 30-share BSE index <.BSESN> was up 3.10 percent at 18,989.54 points. The 50-share National Stock Exchange Index <.NSEI> was up 3.96 percent at 5,643.00 points.
* Software services firm KLG Systel Ltd (KLGS.BO: Quote) extended gains to a new year-high of 635 rupees after it reported a surge in July-September net profit to 125.7 million rupees, up from 40.3 million a year ago. The share had eased off the highs, but was still up 5.2 percent at 625 rupees.* Vakrangee Softwares Ltd (VAKR.BO: Quote) extended gains after its net profit soared for the Sept quarter. The company reported a net profit of 127.4 million rupees compared to 48.1 million rupees a year ago. Shares in the company were up 5 percent, the maximum daily limit at 191.70 rupees.
* Food processing firm Himalya International Ltd (HIMA.BO: Quote) jumped 20 percent, the maximum daily limit, to 17.55 rupees after its net profit for Sept. quarter rose 91 percent from a year ago. It reported net profit of 25.4 million rupees compared to 13.28 million rupees a year ago.
* LIC Housing Finance Ltd (LICH.BO: Quote) extended gains after the mortgage lender said its board will meet on Oct. 22 to consider issuing equity shares of the company. The shares are trading 3.7 percent higher at 237 rupees.
* Axis Bank Ltd (AXBK.BO: Quote) extended gains after its net profit for the Sept quarter rose 60 percent from the year ago. It reported net profit of 2.28 billion rupees from 1.42 billion rupees a year ago. Shares of the bank were up 3.3 percent at 767.60 rupees.
* Consolidated Construction Consortium Ltd (CCON.BO: Quote) listed at 57 percent premium to the issue price of 510 rupees a share. Shares in the firm touched a high of 825.25 rupees earlier and low of 766 rupees. It was trading at 768.05 rupees.
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