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FDC leads gainers in 'A' group

Friday, September 14, 2007

Small-cap Pharmaceutical firm FDC soared 9.64% to Rs 32.40 and it topped the gainers in BSE’s `A' group shares.

The mid-cap integrated textile maker Alok Industries jumped 5.68% to Rs 73.50. It came second among top gainers in A group. Earlier on 30 August 2007, the board of approval of the special economic zones (SEZs) approved Alok Infrastructure's proposal to set up a textiles SEZ at Silvassa, Gujarat. Alok Infrastructure is a wholly owned subsidiary of Alok Industries

Integrated steel maker Ispat Industries flared up 5.26% to Rs 20. It was the third biggest gainer in A group. As per recent reports, the company is planning to invest about Rs 10,000 crore within five years to ramp up domestic production, and is also planning to expand overseas through capacity expansion and backward integration.

State-run Corporation Bank advanced 3.55% to Rs 370.35 and came fourth among top gainers in A group.

Bangalore-based real estate developer Puravankara Projects was the fifth biggest gainer in A gruop. It rose 3.45% to Rs 374.35. As per reports, the company has tied up with Sobha Developers to bid for the Rs 9,250-crore Dharavi Redevelopment Project in Mumbai.

Posted by FR at 6:20 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.