Hot Stock : March 4

BSE at 16,178.83 points.

* ICICI Bank after it said it had provided $70 million in the October-December quarter and may have to provide another $50 million this quarter for investment losses. The shares, which touched a low of 929.85 rupees, were trading down 8.9 percent at 934 rupees.

* Civil engineering firm ITD Cementation India Ltd extended gains after it secured two contracts worth 4.46 billion rupees. Shares in the firm were up 2.7 percent at 414.90 rupees.

* Seed technology firm Advanta India rose 1.7 percent to 1,031 rupees after its unit acquired 100 percent business of U.S.-based Garrison & Townsend, LP for $10.5 million.


* State-run Steel Authority of India 0.8 percent
to 232.60 rupees after its saleable steel production in February rose
7 percent from a year earlier to 1.1 million tonnes.


* Essar Oil Ltd 1.1 percent to 243.40 rupees
after its managing director said the firm's 210,000 barrels a day
refinery in western India is running at full capacity ahead of the
planned schedule of end-March.

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