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Chambal Fertilisers & Chemicals leads gainers in 'A' group

Wednesday, August 22, 2007

Chambal Fertilisers & Chemicals, part of K K Birla group, jumped 15.50% to Rs 49.55 and it topped gainers in BSE’s A group shares. Recently, Chambal Fertilisers’ Singapore-based subsidiary Chambal Biotech sold its entire holding in Australia's Technico to Russell Credit, Kolkata.

Siemens, which provides industrial solutions, moved up 9.17% to Rs 1,231.30. It was the second biggest gainer in A group. Recently, the parent firm, Siemens AG, Germany affirmed that Siemens group is looking at doubling its sales in India in the next three years by focussing on healthcare, infrastructure and energy.

Moser Baer (India), manufacturer of storage media, went up 6.47% to Rs 265.65 and came third among top gainers in A group.

Rashtriya Chemicals & Fertilisers, in which government owns 92%, hopped up 5.14% to Rs 49.05. It ranked fourth among top gainers in A group.

National Fertilizers, India’s second largest producers of nitrogenous fertilizers, rose 5.07% to Rs 34.20. It was the fifth biggest gainer in A group.

Posted by FR at 5:42 PM  

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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.