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iGate Global Solutions leads gainers in 'A' group

Friday, October 5, 2007

Software firm iGate Global Solutions soared 10.01% to Rs 240.75 and it topped the gainers in the BSE’s A group shares. The company will announce its Q2 September 2007 results on 10 October 2007.

Commodities trading firm Adani Enterprises jumped 9.26% to Rs 705.90. It was the second biggest gainer in A group. As per recent reports, the Adani group would invest over Rs 10,000 crore to set up a 2,640-mega watts (MW) coal-fired power plant in Ahmedabad. The project is being handled by Adani Power (APL), a wholly-owned subsidiary of Adani Enterprises.

Engineering firm Larsen and Toubro moved up 6.66% to Rs 3089.25 and came third among top gainers in A group. Global rating agency Moody's on Thursday, 4 October 2007 assigned 'Baa2', a medium grade rating, to the company with a stable outlook, on the basis of its strong financial profile and liquidity position.

Integrated steel maker Ispat Industries gained 6.33% to Rs 31.90. It came fourth among top gainers in A group.

The mid-cap real estate developer Puravankara Projects rose 3.58% to Rs 460.40 and came fifth among top gainers in A group.

Posted by FR at 9:55 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.