For updates visit

Ambuja Cements tops volume on BSE

Monday, October 22, 2007

5.44 crore shares were traded in Ambuja Cements counter on BSE today. The scrip topped volumes on BSE. The share price rose 4.12% to Rs 145.35.

Net profit of Ambuja Cements rose 11.7% to Rs 292.44 crore on 14.9% rise in sales to Rs 1299.93 crore in the Q3 September 2007 over Q3 September 2006. The results were announced on 19 October 2007.

Power Grid Corporation of India clocked the second highest volume of 1.61 crore on BSE. The share price declined 1.22% to Rs 129.95.

As per reports, Power Grid Corporation of India (PGCIL) is planning equity investments to the tune of Rs 16,500 crore over the next five years to fund a slew of transmission projects, aimed at nearly trebling the country’s inter-regional transmission capacity.

Reliance Natural Resources clocked the third highest volume of 1.54 crore shares on BSE. The share price declined 1.14% to Rs 86.85.

Net profit of Reliance Natural Resources rose 175.83% to Rs 19.17 crore on 5.94% decline in sales to Rs 11.72 crore in Q2 September 2007 over Q2 September 2006. The results were announced on 17 October 2007.

Tata Teleservices (Maharashtra) clocked the fourth highest volume of 97.14 lakh shares on BSE. The share price rose 0.88% to Rs 39.95.

As per reports late last month, CDMA telecom service provider Tata Teleservices (Maharashtra) (TTML) is planning to raise around $200 million (Rs 1,200 crore) by way of foreign currency convertible bonds (FCCBs). The company intends to use the proceeds for expansion plans, including rollout of network and services.

Reliance Petroleum clocked the fifth highest volume of 73.09 crore shares on BSE. The share price declined 0.47% to Rs 167.95.

Reliance Petroleum (RPL) had announced on 16 October 2007 that the company achieved over 70% overall progress in implementation of its large and complex refinery, coming up in a special economic zone (SEZ) at Jamnagar. Based on the progress made till date, in the engineering, procurement and construction activities, RPL expects to complete the project ahead of December 2008.

Posted by FR at 7:13 PM  

0 comments:

Post a Comment

IMPORTANT DISCLAIMER

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.