Mumbai -- Market is witnessing a positive trading after facing negativity in the midday session. With its regained strong position the market is advancing further with a boost.
Immediately after the TV18's announcement of acquisition of three internet firms,the company stocks surged higher by 0.5% to Rs. 665. The company’s internet unit is planning to take over 3 Internet firms. The scrip has touched an intra-day high of Rs. 672 and a low of Rs. 641 and has recorded volumes of over 24 thousand shares on NSE.
In the same way, GMR Infrastructure has edged higher by 3.6% to Rs. 217. The company’s unit has raised Rs. 4.7mn. The scrip has touched an intra-day high of Rs. 219 and a low of Rs. 209 and has recorded volumes of over 7 lakh shares on BSE.
A joint Venture with overseas company has helped Punj Lloyd to gain by 2% to Rs. 760, the company has made a declaration that it is entering into a JV with KAEFER Gmbh, Germany, a world leader in the insulation business in the joint venture. Of the stakes, the Company will hold 49%, while KAEFER would hold 51% stake. The scrip has touched an intra-day high of Rs. 760 and a low of Rs. 731 and has recorded volumes of over 2 lakh shares on NSE.
L&T is up by 0.2% to Rs. 2365. The Company along with its consortium partner, Haldor Topsoe of Denmark has been conferred an order worth around US$ 150 million from Saudi Formaldehyde Chemical Company Ltd (SFCCL) in Saudi Arabia. The scrip has touched an intra-day high of Rs. 2369 and a low of Rs. 2323 and has recorded volumes of over 2 lakh shares on NSE.
Following the track of gainers, PNB has edged higher by 4.2% to Rs. 446. The company intends to sell Rs. 10bn of bonds. The scrip has touched an intra-day high of Rs. 448 and a low of Rs. 415 and has recorded volumes of over 11 lakh shares on NSE
