Nagarjuna Fertilisers and Chemicals, IFCI, IKF Technologies and Tata Teleservices (Maharashtra) follow.

2.49 crore shares were traded in Reliance Natural Resources (RNRL) counter on BSE today. The scrip topped volumes on BSE. The share price declined 0.60% to Rs 41.60 ahead of the Bombay High Court's final verdict today 12 July 2007 on allocation of gas from Reliance Industries' Krishna-Godavari basin block.

The Bombay High Court said on 21 June 2007 that Reliance Industries (RIL) cannot sell the gas to be produced from one of its prime blocks in the Krishna-Godavari basin to any third party other than Anil Ambani’s RNRL and NTPC. In an interim order on a petition filed by RNRL, the high court said that the 81.6 million metric standard cubic metres per day (mmscmd) of gas is to be earmarked for RNRL, NTPC or for RIL’s captive use for the next eight years.

On 4 May 2007 an interim order was passed by Justice A M Khanwilkar, preventing RIL from selling off the quantity of gas from its Andhra offshore field committed to younger brother Anil Ambani's entities including RNRL as part of 2005 demerger pact between the two brothers Mukesh and Anil.

RNRL’s net profit jumped to Rs 7.35 crore in the quarter ended March 2007 from Rs 1.04 crore in the quarter ended March 2006. Sales vaulted to Rs 56.33 crore, from Rs 0.41 crore.

Nagarjuna Fertilisers and Chemicals clocked the second highest volume of 1 crore shares on BSE. The share price declined 0.60% to Rs 24.70.

Nagarjuna Fertilizers & Chemicals' net profit declined 88.93% to Rs 1.86 crore in Q4 March 2007 as against Rs 16.80 crore in Q4 March 2006. Sales rose 20.24% to Rs 420.03 crore in Q4 March 2007 as against Rs 349.33 crore in Q4 March 2006.

The net profit declined 52.57% to Rs 31.71 crore in the year ended March 2007(FY 2007) as against Rs 66.86 crore in the year ended March 2006 (FY 2006). Sales rose 24.93% to Rs 1815.24 crore in FY 2007 as against Rs 1452.95 crore in FY 2006. The results were announced on 27 April 2007.

IFCI clocked the third highest volume of 97.49 lakh shares on BSE. The share price rose 0.66% to Rs 61.15.

The derivative contracts in IFCI have crossed 95% of the market-wide position limit on NSE and it is currently in the ban period.

IFCI announced on 9 July 2007, that the board of directors of the company at its meeting held on 06 July 2007 had approved `in principle' a proposal for inviting expression of interest from strategic investors in accordance with long-term vision and business objectives of the company. The state-run lender is seeking a strong partner, be it an Indian entity or from overseas, which can add value to the company.

IFCI reported a net profit of Rs 246.86 crore in Q1 June 2007 as against net loss of Rs 15.61 crore in Q1 June 2006. Operating income rose 96.6% to Rs 506.35 crore in Q1 June 2007 as against Rs 257.61 crore in Q1 June 2006.

IKF Technologies clocked the fourth highest volume of 86.40 lakh shares on BSE. The share price rose 7.13% to Rs 9.01.

IKF Technologies announced on 27 June 2007 it had entered into a joint venture agreement with Salampuria Agrotech for undertaking bio fuel activity in the state of Jharkhand. The Indian Council of Agricultural Research (ICAR) has extended co-operation and it will provide necessary technical know-how to the company for Jatropha cultivation in different parts of North Eastern Himalayan Region.

The company’s board in a meeting held on 25 June 2007 did not recommend bonus issue. On 12 June 2007, the company had announced that the board would consider bonus issue on 25 June 2007.

IKF Technologies' net profit declined 85.60% to Rs 0.18 crore in Q4 March 2007 as against Rs 1.25 crore in Q4 March 2006. Sales declined 70.25% to Rs 4.90 crore in Q4 March 2007 as against Rs 16.47 crore in Q4 March 2006.

Net profit rose 31.94% to Rs 0.95 crore in the year ended March 2007 (FY 2007) as against Rs 0.72 crore in FY 2006. Sales rose 35.98% to Rs 14.36 crore in FY 2007 as against Rs 10.56 crore in FY 2006. The results were announced on 25 June 2007.

Tata Teleservices (Maharashtra) clocked the fifth highest volume of 75.30 lakh shares on BSE. The share price rose 2.83% to Rs 29.05.

Tata Teleservices (Maharashtra) reported net loss of Rs 45.90 crore in Q4 March 2007, lower than a net loss of Rs 151.76 crore in Q4 March 2006. Sales rose 23.88% to Rs 380.43 crore in Q4 March 2007 as against Rs 307.10 crore in Q4 March 2006.

The company reported a net loss of Rs 310.61 crore in the year ended March 2007 (FY 2007) as against net loss of Rs 541.06 crore in the year ended March 2006 (FY 2006). Sales rose 28.48% to Rs 1406.98 crore in FY 2007 as against Rs 1095.13 crore in FY2006. The results were announced on 15 May 2007.