IKF Technologies, Reliance Petroleum, GV Films and Nelcast follow.

IFCI clocked volume of 1.80 crore shares on BSE and it was the volume topper on BSE. The IFCI share price rose 3.30% to Rs 51.60 after the central bank once again allowed foreign investors to purchase shares in the company.

On 4 May 2007, IFCI had raised overseas investment ceiling in the company to 74% from 24%.

Meanwhile, the derivative contracts in the underlying IFCI have crossed 95% of the market-wide position limit and it is currently in the ban period.

The company reported robust results on 3 May 2007. It posted net profit of Rs 668.43 crore in Q4 March 2007 as against net loss of Rs 1.11 crore in the previous quarter ended March 2006. Operating income rose 40.1% to Rs 1236.11 crore in Q4 March 2007 as against Rs 882.29 crore during Q4 March 2006.

IFCI recorded net profit of Rs 898.02 crore in the year ended March 2007 (FY 2007) as against net loss of Rs 74.10 crore in FY 2006. Operating income increased 20.91% to Rs 2070.99 crore in FY 2007 as against Rs 1875.26 crore in FY 2006. The results were announced on 3 May 2007.

IKF Technologies clocked the second highest volume of 82.45 lakh shares on BSE. The share price rose 2.36% to Rs 7.80.

IKF Technologies announced today, 27 June 2007, that it has entered into a joint venture agreement with Salampuria Agrotech for undertaking bio fuel activity in the state of Jharkhand. The Indian Council of Agricultural Research (ICAR) has extended co-operation and it will provide necessary technical know-how to the company for Jatropha cultivation in different parts of North Eastern Himalayan Region.

The company’s board in a meeting held on 25 June 2007, did not recommend bonus issue. Earlier on 12 June 2007, the company had announced that the board would consider bonus issue on 25 June 2007.

IKF Technologies net profit declined 85.60% to Rs 0.18 crore in Q4 March 2007 as against Rs 1.25 crore in Q4 March 2006. Sales declined 70.25% to Rs 4.90 crore in Q4 March 2007 as against Rs 16.47 crore in Q4 March 2006.

The net profit rose 31.94% to Rs 0.95 crore in the year ended March 2007 (FY 2007) as against Rs 0.72 crore during the previous year ended March 2006 (FY 2006). Sales rose 35.98% to Rs 14.36 crore in FY 2007 as against Rs 10.56 crore in FY 2006. The results were announced on 25 June 2007.

Reliance Petroleum clocked the third highest volume of 79.42 lakh shares on BSE. The share price rose 2.06% to Rs 108.95.

In May 2007, Reliance Petroleum (RPL) said that it had made remarkable progress on all implementation fronts for its global sized, complex refinery coming up in a Special Economic Zone at Jamnagar in Gujarat with the overall project completion nearing 50%, in just 15 months since commencement of the project.

As per reports, American petroleum major Chevron may soon increase its stake in Reliance Petroleum (RPL). Chevron already holds 5% in the company that came out with an initial public offer in April 2006.

GV Films clocked the fourth highest volume of 62.22 lakh shares on BSE. The GV Films scrip rose 1.37% to Rs 9.65.

GV Films said on 18 June 2007, that it will consider the demerger of the company in three entities. GV Studio City will do the business in multiplex and it will be in the hospitality industry i.e. hotels, shopping malls, multi-screen. GV Technologies will concentrate in Internet protocols and IP TV which is the future of the entertainment business. GV Films will cover the entire production of films, television serials, distribution of films and providing content.

Later the company's board on 25 June 2007 said the cut-off date for de-merger is 30 June, 2007 and Deloitte Haskins & Sells will submit a detailed report on the demerger on or before 15 July, 2007.

On 11 June 2007, GV Films picked up city distribution of the prestigious mega film of super star Rajnikanth's 'Sivaji'.

GV Films's net profit rose 160.10% to Rs 5.15 crore in Q4 March 2007 as against Rs 1.98 crore in Q4 March 2006. Sales surged 389.74% to Rs 18.61 crore ( Rs 3.80 crore).

Net profit soared 241.09% to Rs 17.60 crore in the year ended March 2007 as against Rs.5.16 crore in FY 2006. Sales were up 129.78% to Rs 42.74 crore in FY 2007 as against Rs 18.60 crore in FY 2006. The results were announced on 30 April 2007.

Nelcast clocked the fifth highest volume of 60.95 lakh shares on BSE. The scrip settled at a discount of 5.82% at Rs 206.25 over the IPO price of Rs 219.

The Nelcast IPO ended on 8 June 2007, with 7.36 times subscription. The issue received bids for 3.20 crore shares compared to the issue size of 43.50 lakh shares. The IPO was priced at the top end of the Rs 195 – Rs 219 price band.

The company plans to deploy the IPO proceeds for expansion and modernisation of its units in Andhra Pradesh and Tamil Nadu, to reach a production capacity of 1,50,000 tonnes per annum by the year ending March 2009 (FY 2009).

On a consolidated basis, Nelcast reported a net profit of Rs 19.78 crore on sales of Rs 305.76 crore in FY 2007.