Financial Daily from THE HINDU group of publications
Sunday, Nov 23, 2003
Financial Daily from THE HINDU group of publications Sunday, Nov 23, 2003 |
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Investment World
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Stock Markets Markets - Stock Markets On the move G. Madhan
Jyoti Structures (Rs 101) - The stock surged 29 per cent after it bagged a contract worth Rs 42 crore from the Maharashtra State Electricity Board. Bombay Burmah Trading (Rs 72) - The stock rose 24 per cent on the news that it is planning to divest some of its businesses as part of a restructuring exercise. Container Corporation (Rs 577) - The stock of this monopoly rail hauler of containers rose 12.8 per cent on the back of good performance in the recent fiscal and on good growth prospects. Bata India (Rs 56) - The stock appreciated 14 per cent on market talk that the company is entering into a deal with Reebok to sell shoes in Bangladesh. Cranes Software (Rs 298) - The stock gained 10.4 per cent after it registered good earnings growth in the July-September quarter. IndusInd Bank (Rs 33) - The stock rose 22.6 per cent on market talk that it is likely to acquire a private sector bank and a non-banking finance company. Nagarjuna Construction (Rs 100) - Profit booking dragged the stock down by 11 per cent, after it ran up sharply in the recent past. KEC International (Rs 71) - The stock surged 40 per cent - the biggest gainer among the companies that manufacture transmission line towers. - The stock rose 22 per cent - the biggest gainer among diamond jewellery manufacturers. Top five gainers of the week are Hindoostan Spinning & Weaving (97.2 per cent) , Sri Nachammai Cotton Mills (51 per cent), KEC International (40.3 per cent), Mafatlal Industries (32.6 per cent) and Balmer Lawrie Vanleer (32.5 per cent). Top five losers of the week are Assambrook (25.5 per cent), G.G. Automatic (22.4 per cent), Linc Pen & Plastics (21.7 per cent), Polychem (21.7 per cent) and Gujarat Arth (18.2 per cent).
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