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ITC leads gainers in 'A' group on BSE

Thursday, July 26, 2007

ITC soared 8.93% to Rs 165.85 and topped gainers in ‘A’ group shares on BSE. India's biggest cigarette maker gained on speculation that a better-than-expected increase in cigarette sales may boost the company’s profit this year. ITC will report Q1 June 2007 results on 27 July 2007.

Mastek climbed up 8% to Rs 305.15 and stood second among top gainers in ‘A’ group. Its net profit jumped 108.16% to Rs 102.54 crore in the year ended June 2007 over year ended June 2006. Sales rose 28.82% to Rs 498.19 crore in FY 2007 over FY 2006. Mastek declared FY 2007 results on 19 July 2007.

Pidilite Industries rose 5.18% to Rs 146.20. It was third biggest gainer in BSE's A group shares today. The company's net profit rose 53% to Rs 58 crore in Q1 June 2007 over Q1 June 2006. Total income rose 28.61% to Rs 378.4 crore in Q1 June 2007 over Q1 June 2006. The company declared its Q1 June 2007 results after market hours yesterday, 24 July 2007.

Thermax jumped 4.76% to Rs 630.30 and ranked fourth among top gainers in ‘A’ group. Thermax's net profit soared 103.37% to Rs 56.01 crore in Q1 June 2007 over Q1 June 2006. Total income surged 105.45% to Rs 676.3 crore in Q1 June 2007. The company unveiled Q1 results during trading hours today.

Housing Development and Infrastructure (HDIL) rose 3.85% to Rs 580.10. It was fifth biggest gainer in BSE's A group shares. The HDIL scrip had debuted on bourses yesterday, 24 July 2007. On that day, it had ended at 12% premium at Rs 558.60 on BSE versus IPO price of Rs 500.

Posted by FR at 5:12 AM  

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Investment in equity shares has its own risks. Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that we consider reliable. I, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and I am not responsible for any loss incurred based upon it.& take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations given in this blog.