Welspun Gujarat Stahl Rohren, Dena Bank, Nicholas Piramal and GMDC are among the other gainers.

Punj Lloyd soared 7.59% to Rs 276.40 and it topped gainers in BSE's A group shares today. Punj Lloyd's inspiring financial performance for FY07, a strong order book buoyed by newly acquired subsidiaries and renewed focus on its core areas of oil and gas infrastructure solutions, all indicate strong prospects for earnings growth.

Punj Lloyd’s net profit jumped 75.22% to Rs 61.59 crore in the year ended March 2007 (FY 2007) from Rs 35.15 crore in FY 2006. Sales soared 63.63% to Rs 2238.85 crore in FY 2007 from Rs 1368.22 crore in FY 2006. The company had announced the FY 2007 results on 31 May 2007.

Welspun Gujarat Stahl Rohren jumped 7.28% to Rs 238.05 on announcing plans to build a manufacturing facility in the US. It was the second top gainer from BSE's A group shares.

The company plans to build a $100-million manufacturing facility in United States, on a 140-acre site, which will be capable of producing 3,00,000 tonnes of tubular steel pipes annually for use in the oil and gas industry.

Dena Bank spurted 6.32% to Rs 49.65 and came third among top gainers in A group. As per media reports Canara Bank is mulling to buy Dena Bank and it has even appointed Ernst & Young as consultant to do the preliminary groundwork.

Canara Bank is strong in the south and has a network of 2,542 branches while Dena with its 1,050 branches is strongest in Gujarat and Chattisgarh, where Canara is not particularly strong.

Nicholas Piramal India jumped 5.19% to Rs 315.30 and came fourth among top gainers in A group.

Gujarat Mineral Development Corporation rose 4.94% to Rs 875.60 and stood fifth among top gainers in A group. The company’s net profit surged 198.61% to Rs 105.26 crore in the year ended March 2007 (Rs 35.25 crore). Sales jumped 34.01% to Rs 584.60 crore in FY 2007 (Rs 436.23 crore). The company announced the FY 2007 results on 30 April 2007.