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Kotak Mahindra Bank leads gainers in 'A' group

Thursday, August 2, 2007

Kotak Mahindra bank jumped 7.70% to Rs 768.05 and topped BSE’s group ‘A’ shares. Its net profit moved up 99.4% to Rs 47.68 crore in Q1 June 2007 over Q1 June 2006. Operating income scaled up 93.9% to Rs 594.45 in Q1 June 2007 over Q1 June 2006. The company declared the results on 24 July 2007.

India Cements moved up 6.58% to Rs 217.20 and stood second among top gainers in ‘A’ group. India Cements’ net profit flared up 62.89% to Rs 183.40 crore in Q1 June 2007 over Q1 June 2006. Sales rose 44.50% to Rs 701.18 crore in Q1 June 2007 over Q1 June 2006. The company declared results on 30 July 2007.

GlaxoSmithKline Pharmaceuticals gained 5.12% to Rs 1162 and came third among top gainers in ‘A’ group.

Spice Communications scaled up 5.03% to Rs 58.45 and stood fourth among top gainers in ‘A’ group. Spice Communications reported net profit of Rs 0.42 crore on sales Rs 231.75 crore in Q2 June 2007. The company announced the results on 27 July 2007.

Federal Bank rose 4.67% to Rs 366.60 and came fifth among top gainers in ‘A’ group.

Posted by FR at 5:00 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.