Market advances further

Mumbai -- Tata Teleservices has moved further 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.

KS Oils Ltd has regained by 5.2% to Rs. 187 after the company recommended issue of bonus equity shares in the ratio of 1:1 at 21st Annual General Meeting. The scrip has touched an intra-day high of Rs. 188 and a low of Rs. 175 and has recorded volumes of over 89 thousand shares on NSE.

Likewise, Micro Technologies has surged by 7% to Rs. 173 after the company announced that their Security products will enter US Homeland market. The scrip has touched an intra-day high of Rs. 175 and a low of Rs. 160 and has recorded volumes of over 1 lakh shares on NSE.

Alok Industries has also surged by 1% to Rs. 65 before the company’s results today. The scrip has touched an intra-day high of Rs. 66 and a low of Rs. 64 and has recorded volumes of over 2 lakh shares on Bombay Stock Exchange.