IFCI, Nagarjuna Fertilisers and Chemicals, Silverline Technologies and GV Films follow.

2.12 crore shares were traded in Reliance Natural Resources (RNRL) counter on BSE today. The scrip topped volumes on BSE. The share price rose 3.59% to Rs 41.85 ahead of the Bombay High Court's final verdict on 12 July 2007 on allocation of gas from Reliance Industries' Krishna-Godavari basin block.

The Bombay High Court said on 21 June 2007 that Reliance Industries (RIL) cannot sell the gas to be produced from one of its prime blocks in the Krishna-Godavari basin to any third party other than Anil Ambani’s RNRL and NTPC. In an interim order on a petition filed by RNRL, the high court said that the 81.6 million metric standard cubic metres per day (mmscmd) of gas is to be earmarked for RNRL, NTPC or for RIL’s captive use for the next eight years.

On 4 May 2007 an interim order was passed by Justice A M Khanwilkar, preventing RIL from selling off the quantity of gas from its Andhra offshore field committed to younger brother Anil Ambani's entities including RNRL as part of 2005 demerger pact between the two brothers Mukesh and Anil.

RNRL’s net profit jumped to Rs 7.35 crore in the quarter ended March 2007 from Rs 1.04 crore in the quarter ended March 2006. Sales vaulted to Rs 56.33 crore, from Rs 0.41 crore.

IFCI clocked the second highest volume of 1.18 crore shares on BSE. The share price rose 2.88% to Rs 60.75.

The derivative contracts in IFCI have crossed 95% of the market-wide position limit on NSE and it is currently in the ban period.

IFCI announced on 9 July 2007, that the board of directors of the company at its meeting held on 06 July 2007 had approved `in principle' a proposal for inviting expression of interest from strategic investors in accordance with long-term vision and business objectives of the company. The state-run lender is seeking a strong partner, be it an Indian entity or from overseas, which can add value to the company.

IFCI reported a net profit of Rs 246.86 crore in Q1 June 2007 as against net loss of Rs 15.61 crore in Q1 June 2006. Operating income rose 96.6% to Rs 506.35 crore in Q1 June 2007 as against Rs 257.61 crore in Q1 June 2006.

Nagarjuna Fertilisers and Chemicals clocked the third highest volume of 1.17 crore shares on BSE. The share price rose 8.28% to Rs 24.85.

The derivative contracts Nagarjuna Fertilisers and Chemicals have crossed 95% of the market-wide position limit on NSE and it is currently in the ban period.

Nagarjuna Fertilizers & Chemicals' net profit declined 88.93% to Rs 1.86 crore in Q4 March 2007 as against Rs 16.80 crore in Q4 March 2006. Sales rose 20.24% to Rs 420.03 crore in Q4 March 2007 as against Rs 349.33 crore in Q4 March 2006.

The net profit declined 52.57% to Rs 31.71 crore in the year ended March 2007(FY 2007) as against Rs 66.86 crore in the year ended March 2006 (FY 2006). Sales rose 24.93% to Rs 1815.24 crore in FY 2007 as against Rs 1452.95 crore in FY 2006. The results were announced on 27 April 2007.

Silverline Technologies clocked the fourth highest volume of 1.13 crore shares on BSE. The share price rose 0.13% to Rs 15.01.

Silverline’s net profit declined 37.89% to Rs 3.31 crore in Q3 March 2007 compared with Rs 5.33 crore in Q2 December 2006. Sales moved up 7.85% to Rs 21.29 crore in Q3 March 2007 as against Rs 19.74 crore in Q2 December 2006. The results were announced on 20 April 2007.

Silverline Technologies announced on 30 April 2007 that the company in line with its expansion plans, has chalked out a strategy to strengthen and add finance and banking business process outsourcing (BPO) practice to its fold through the acquisition of a BPO business in North America.

GV Films clocked the fifth highest volume of 96.42 lakh shares on BSE. The GV Films scrip rose 7.86% to Rs 9.33.

GV Films said on 18 June 2007 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.

On 25 June 2007, the company's board 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.