Market is trading firm

Mumbai -- The market is trading firm in the afternoon trades after chopping some gains in the earlire trades.

India's largest private sector company, Reliance Industries has surged higher by 0.6% to Rs. 1113. As per the reports, the company is seeking a 40% stake in the Rewas Port, a build-own-operate-share-transfer (BOOST) greenfield port project. The scrip has reached an intra-day high of Rs. 1125 and a low of Rs. 1101 and has recorded volumes of over 31 lakh shares on NSE.

Sunil Hitech Engineers Limited, an ISO 9001:2000 company has gained by 2.5% to Rs. 106 after the company bagged an order from JSW Steel worth Rs. 129.5mn. The company specializes in Fabrication, Erection, Testing & Commissioning of Thermal Power Plants with high precision quality and timeliness. The scrip has touched an intra-day high of Rs. 109 and a low of Rs. 104 and has recorded volumes of over 41 thousand shares on BSE.

A formation of Joint Ventur (JV) with Kaepper GMBH, Germany has boosted Punj Lloyd. The engineering and construction company, which is providing integrated design, engineering, procurement, construction and project management services for energy industry and infrastructure sector projects, has advanced further by 0.23% to Rs. 762 after the company's Joint Venture with German company. The scrip has touched an intra-day high of Rs. 778 and a low of Rs. 758 and has recorded volumes of over 2 lakh shares on NSE.

In the same manner, acquisition plans have pushed Sanra Software Ltd higher. Chennai based leading software company, Sanra Software has advanced by 4.8% to Rs. 12 after The Board of directors declared that they will meet on Aug 31 to consider the acquisition of business of two software Companies & the proposal of investment received from GV Films Ltd, Chennai. The scrip has touched an intra-day high of Rs. 12 and a low of Rs. 12.