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Lanco Infratech leads gainers in ‘A’ group

Friday, August 3, 2007

Lanco Infratech jumped 12.5% to Rs 259.70 extending its post-result surge. It was the top gainer from BSE’s A group shares. The stock has risen 24% in a short while from Rs 209.30 on 26 July 2007, after it reported robust Q1 June 2007 results after trading hours on 26 July 2007.

Lanco’s consolidated net profit rose 1103.9% to Rs 51.29 crore in Q1 June 2007 over Q1 June 2006.

GMR Infrastructure, a Rs 1000-crore Bangalore-based infrastructure company with a focus on airports, power and roads, rose 8% to Rs 832.20 after its unit developing a new international airport in Hyderabad selected Apollo Hospitals to set up a medical centre at the upcoming passenger terminal. It was the second biggest gainer in BSE’s A group shares.

Aditya Birla Nuvo rose 6.8% to Rs 1,493.70. It was third biggest gainer in BSE’s A group shares. Early this week, the company reported strong Q1 June 2007 results. The company’s consolidated net profit vaulted 46% to Rs 90.82 crore in Q1 June 2007 over Q1 June 2006.

i-flex solutions gained 6.5% to Rs 2,169. It was fourth biggest gainer in BSE’s A group shares

Exide Industries gained 6.5% to Rs 58.15, extending its post-result surge. It was fifth biggest gainer in BSE’s A group shares. From Rs 46.40 on 18 July 2007, the stock has gained 25% in a short while. Exide’s net profit spurted 84% to Rs 70.11 crore in Q1 June 2007 over Q1 June 2006. The company announced the results on 20 July 2007.

Posted by FR at 9:58 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.