Amar Remedies & TVS Motor fly high while IPCL slips

Mumbai -- Amar Remedies' has gained by 2.7% to Rs. 55 after the company’s board approved the proposal for increasing the investment limit for the FIIs, from the existing 24% to 45%. The scrip has touched an intra-day high of Rs. 55 and a low of Rs. 55 and has recorded volumes of over 1 lakh shares on BSE.

Similarly, TVS Motor has surged by 1.15 to Rs. 91 after the company discloses new version of Victor GLX. The scrip has touched an intra-day high of Rs. 91 and a low of Rs. 90 and has recorded volumes of over 52 thousand shares on NSE.

Tata Teleservices has gained by 0.3% to Rs. 18 after the company announced that they would invest Rs. 25bn in 2006-07 for expansion of both fixed and CDMA-based mobile telecom services. The scrip has touched an intra-day high of Rs. 18 and a low of Rs. 18 and has recorded volumes of over 3 lakh shares on NSE.

Sadbhav Engineering has locked 10% upper circuit at Rs. 336, after the company bagged contract from AUDA of Rs. 5600mn. The scrip has touched an intra-day high of Rs. 336 and a low of Rs. 309 and has recorded volumes of over 56 thousand shares on NSE.

While, IPCL has dipped by 0.5% to Rs. 264 after the company closes its facility in Vadodara as supply of gas halted because of floods. The scrip has touched an intra-day high of Rs. 265 and a low of Rs. 262 and has recorded volumes of over 6 lakh shares on NSE.