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Lanco Infratech leads gainers in 'A' group

Tuesday, August 28, 2007

Lanco Infratech jumped 8.48% to Rs 284 and it topped the gainers in the BSE’s A group shares.

Automobile batteries-maker Exide Industries jumped 6.65% to Rs 60.15. It ranked second among top gainers in A group. The company’s board today, 28 August 2007, approved a rights issue of up to 5 crore equity shares in the ratio of 1:15 (that is, one share for every 15 shares held), priced at Rs at Rs 30 per equity share.

GMR Infrastructure, which develops various infrastructure projects, moved up 6.46% to Rs 797.25 and came third among top gainers in A group. On Monday, 27 August 2007, the company's subsidiary GMR Energy secured a major hydro power project in Himachal Pradesh

IT and BPO services provider Hexaware Technologies climbed 5.41% to Rs 121.75. It stood fourth among top gainers in A group shares.

IT solutions provider i-flex Solutions spurted 5.13% to Rs 2014.45. It was the fifth biggest gainer in A group. Recently, its Dutch unit, i-flex Solutions BV, had raised its stake in Greek unit i-flex Solutions SA to 90%. The Greek unit was incorporated in May 2007 with an investment of 35% by i-flex Solutions BV.

Posted by FR at 9:08 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.