India Hot Stocks: Pratibha Ind gains on strong results
Fri Oct 26, 2007 1:30 PM IST
MUMBAI, Oct 26 (Reuters) - The following stocks were on the move at the BSE on Friday.At 1:27 p.m. the benchmark 30-share BSE index <.BSESN> was up 2.3 percent at 19,203.27 points.The 50-share National Stock Exchange Index <.NSEI> was up 2.25 percent at 5,694.40 points.
* Pratibha Industries Ltd (PRTI.BO: Quote) extended gains to a high of 247.50 rupees after the construction firm reported a 81 percent rise in July-September net profit of 67.5 million rupees. The stock was trading at 242.65 rupees, up 6.3 percent.
* Power trading firm PTC India Ltd (PTCI.BO: Quote) rose 3.9 percent to 110.10 rupees after the Economic Times reported that Goldman Sachs ( GS.N: Quote) and Australia's Macquarie (MBL.AX: Quote) are close to acquiring 40 percent stake in the firm's unit PTC India Financial Services Ltd for around 1.2 bilion rupees.
* Deccan Chronicle Holdings Ltd (DCHL.BO: Quote) extended gains to a high of 219.80 rupees after the newspaper publisher's board approved a share buyback at a maximum price of 250 rupees per share, and agreed to place up to 24 percent in subsidiary Sieger Solutions. The stock was trading at 218.45 rupees, up 7.7 percent.
* Heavy equipment maker BEML Ltd (BEML.BO: Quote) was up 4.2 percent at 1,562 rupees after it secured a 11.44-billion rupees order late on Thursday, from the Delhi Metro Railway Corp. The stock touched a high of 1,565 rupees.
India Hot Stocks:Jai Corp up after block deals
Thu Oct 25, 2007 11:51 AM IST
MUMBAI, Oct 24 (Reuters) - The following stocks were on the move at the BSE on Thursday.At 11:48 a.m. the benchmark 30-share BSE index <.BSESN> was up 0.45 percent at 18,596.66 points.The 50-share National Stock Exchange Index <.NSEI> was up 0.29 percent at 5,512.15 points.
* Jai Corp Ltd (JAIC.BO: Quote) jumped five percent to 1,168.10 rupees after block deals on BSE and NSE. Combined block deals of 311,742 shares were struck in the price band of 1,057-1,074 rupees. Details of the buyers and sellers were not known immediately.(11:45 a.m.)
* TVS Motor Co Ltd (TVSM.BO: Quote) fell 1.7 percent to 55.70 rupees after its net profit fell 52 percent in the Sept quarter. The firm reported a net profit of 119.2 million rupees, compared with a Reuters Poll of 55 million rupees. Traders expect current quarter to remain weak for the firm.
* Infrastructure developer Maytas Infra Ltd (MAIL.BO: Quote) listed at 40.3 percent premium to its issue price of 370 rupees. Its shares, which touched a high of 604 rupees and low of 480 rupees, were trading at 567.50 rupees, up 53.4 percent, to the issue price.
India Hot Stocks: Gujarat Fluoro gains on carbon credit hopes
Wed Oct 24, 2007 3:26 PM IST
MUMBAI, Oct 24 (Reuters) - The following stocks were on the move at the BSE on Wednesday.At 3:23 p.m. the benchmark 30-share BSE index <.BSESN> was flat at 18,493.30 points. The 50-share National Stock Exchange Index <.NSEI> was up 0.15 percent at 5,480.60 points.
* Gujarat Fluorochemicals Ltd (GFLR.BO: Quote) extended gains to a high of 601 rupees after a senior official said it expects to earn up to 2 million carbon credits a year from a foray into wind power projects.
* Iron ore exporter Sesa Goa Ltd (SESA.BO: Quote) rose 6.6 percent to 3,302 rupees on expectation of a global rise in iron ore prices next year. A Reuters poll estimates iron ore prices to rise 25 percent in 2008.
* Siemens Ltd (SIEM.BO: Quote) rose 4.1 percent to 1,727 rupees after it won an order worth 3.3 billion rupees from Tata Steel Ltd (TISC.BO: Quote) on Tuesday.
* Drug maker Novartis India Ltd (NOIN.BO: Quote) climbed 9.9 percent to 319.50 rupees after its net profit rose 70 percent for Sept quarter from a year ago. It reported net profit of 303.9 million rupees from 178.7 million rupees a year ago.
* Power trading firm PTC India Ltd (PTCI.BO: Quote) touch a high of 108 rupees after its plans to raise 12 billion rupees from qualified institutional investors and its net profit rose 32 percent to 114 million rupees. Shares in the firm eased a bit and were up 2.9 percent at 104 rupees.
India Hot Stocks: Greenply Ind extends gain on net profit jump
Tue Oct 23, 2007 12:42 PM IST
MUMBAI, Oct 23 (Reuters) - The following stocks were on the move at the BSE on Tuesday.At 12:40 p.m. the benchmark 30-share BSE index <.BSESN> was up 3.91 percent at 18,299.72 points.The 50-share National Stock Exchange Index <.NSEI> was up 4.36 percent at 5,410.10 points.
* Greenply Industries Ltd (GRPL.BO: Quote) extended gains to 264.80 rupees, up 6.1 percent after its net profit more-than-doubled for Sept quarter. The firm reported net profit of 111.9 million rupees from 47.5 million rupees a year ago. Shares eased a bit to 260.50 rupees, up 4.4 percent.
* Chemicals maker BASF India extended gains to a high of 248 rupees after the company posted an 18 percent rise in July-Sept net profit to 240.9 million rupees. The stock was trading at 246.60 rupees, still up 5.3 percent.
* Newspaper publisher Deccan Chronicle Holdings Ltd (DCHL.BO: Quote) extended gains after a block deal of 1.13 million shares, or 0.48 percent of its equity, was struck at 180 rupees a share, BSE data showed. Its shares were up 5.7 percent at 184.90 rupees.* Suzlon Energy Ltd (SUZL.BO: Quote) extended gains after its board approved splitting each share into five and its plan to list its Belgian subsidiary in London. Shares in the company were up 13.9 percent to 1805 rupees.
*Software firm Satyam Computer Services Ltd ( SATY.BO: Quote) rose 2.9 percent to 461.40 rupees after it posted a 28 percent rise in quarterly net profit, beating forecasts. Satyam posted a net profit of 4.09 billion rupees compared with a Reuters poll of 3.80 billion rupees.
* Sugar firm EID Parry India Ltd (EIDP.BO: Quote) jumped 6.95 percent to 140 rupees after it said its board would meet on Oct 29 to consider a buy-back of shares.
India Hot Stocks: ITD Cementation gains on rights issue plan
MUMBAI, Oct 22 (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 0.51 percent at 17,470.77 points.The 50-share National Stock Exchange Index <.NSEI> was down 1.06 percent at 5, 159.80 points.
* ITD Cementation Ltd (ITCM.BO: Quote) extended gains to a high of 709.70 rupees after the construction firm said a board panel had approved a 1-for-1 rights issue at 425 rupees per share. The stock was trading at 660 rupees, still up 6.1 percent.
* Bio fuel producer and broadband internet services provider Southern Online Bio Technologies Ltd (SOBT.BO: Quote ) jumped 5 percent, the maximum daily limit, to 34.50 rupees after the company said on Friday its board will meet on Oct 30 to consider a demerger.
* India's second-largest bank ICICI Bank Ltd (ICBK.BO: Quote) rose 3.1 percent to 1,055.50 rupees after its net profit for Sept quarter rose by a third, beating market forecasts. The bank reported net profit of 10.03 billion rupees compared with a Reuters poll of 9.28 billion rupees.
* Havells India Ltd (HVEL.BO: Quote) rose 5.2 percent to 640.20 rupees after it said private equity firm Warburg Pincus LLC plans to pick up an 11.2 percent stake in the firm for $110 million.* Ambuja Cements Ltd (ABUJ.BO: Quote) climbed 4.15 percent to 145.40 after a block deal of 47.20 million shares or 3.1 percent of the firm's equity. Details of the buyers and sellers were not known immediately. The deal was struck at 141.75 rupees a share, BSE data showed.
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