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Punj Lloyd, M&M and Auto stocks trading well

Mon, 21/08/2006 - 16:01 by MT Bureau

Mumbai -- Market, at last, gets boost after witnessing downfalls right from the beginning.

Punj Lloyd has surged by 3.7% to Rs 764 after the company won an order from Sirte Oil Company, Libya for pipeline projects on EPC basis Valued at US $290mn. The scrip has touched an intra-day high of Rs 771 and a low of Rs 739 and has recorded volumes of over 5 lakh shares on NSE.

Market floats in between ups and downs

Mon, 21/08/2006 - 14:29 by MT Bureau

Mumbai -- After opening in red and further witnessing the same negative track, the market is still floating between the ups and downs.

Even the acquisition of Gadavari Manar has failed to boost Dollex Industries. The Industries is down by 0.8% to Rs 50. The scrip has touched an intra-day high of Rs 51 and a low of Rs 49 and has recorded volumes of over 8 thousand shares on NSE.

ONGC & Banking stocks are down

Mon, 21/08/2006 - 12:10 by MT Bureau

Mumbai -- After opening in negative territory in the morning the market continues its red track.

Inox Leisure Ltd. has plunged by 0.7% to Rs 154. The company has commenced commercial operation at its new multiplex located in Vardhan Nagar, Nagpur. The scrip has touched an intra-day high of Rs 156 and a low of Rs 152 and has recorded volumes of over 33 thousand shares on BSE.

HCL, Patel engg. & Sugar stocks are up

Mon, 21/08/2006 - 10:53 by MT Bureau

Mumbai -- HCL Technologies Ltd. has surged by 3.8% to Rs 597 after the company posted a total profit of Rs 1364.5mn for the quarter ended June 30, 2006 where as the same was at Rs 852.2mn for the yesteryear quarter ended June 30, 2005. The scrip has touched an intra-day high of Rs 604 and a low of Rs 585 and has recorded volumes of over 99 thousand shares on NSE.

Huge volumes pushes Gesco corp. higher

Fri, 18/08/2006 - 15:58 by MT Bureau

Mumbai -- In the midst of ups and downs, huge volumes pushed Gesco corp. higher by 7.6% to Rs. 895. The scrip has touched an intra-day high of Rs. 909 and a low of Rs. 891 and has recorded volumes of over 34 lakh shares on NSE.

Tata Motors & Sugar stocks trading firmly

Fri, 18/08/2006 - 12:47 by MT Bureau

Mumbai -- Tata Motors has edged higher by 1.8% to Rs. 853 after its ADR climbed overnight. The company is likely to come out with IPOs for HV Axles and HV Transmissions, two of its group firms. It is also intending to roll out a new truck based on Renault's Traffic platform. The scrip has touched an intra-day high of Rs. 856and a low of Rs. 840 and has recorded volumes of over 9 lakh shares on NSE.

Metal and Banking stocks Dip

Fri, 18/08/2006 - 11:41 by MT Bureau

Mumbai -- Amidst the volatile market condition, Rolta India Ltd. has surged by 2.5% to Rs. 225 after the company inked an agreement with Thales, France to establish a Joint Venture in India. The scrip has touched an intra-day high of Rs. 229 and a low of Rs. 222 and has recorded volumes of over 13 lakh shares on NSE.

Upper Ganges surge higher while Supreme Petrochem slips

Fri, 18/08/2006 - 10:44 by MT Bureau

Mumbai -- With selling pressure in heavy weights like Hindalco, Tisco, Bharti, Grasim and SBI, the Markets have witnessed the gloomy opening. However, profit booking and volatility is tripping the markets from negative to positive territory. In the morning session, the BSE 30-share Sensex lost by 19 point at 11460 and the NSE 50-share Nifty is down by 3 points at 3350. Hindalco, OBC, SAIL, Tisco, PNB, and HDFC Bank are the major losers among the 50-scrips of Nifty.

Reliance Ind & Auto stocks spurred, Metal & Sugar Dips

Thu, 17/08/2006 - 17:22 by MT Bureau

Mumbai -- The markets see irregular movement today after being placed on the high in last few trading sessions. The markets registered positive opening continuing it with winning streak. However, the run almost ended with Sensex managing to scrape through by adding 29 points to close at 11477 and NSE Nifty lost 2 points to close at 3354.

Punj Lloyd & Auto stocks spurred

Thu, 17/08/2006 - 15:55 by MT Bureau

Mumbai -- After witnessing a slight downfall in the afternoon trading, the market has retained its firm position.

Fall in crude oil prices pushed the Auto stocks forward. Tata Motors has gained by 2.9% to Rs. 840, M&M has gained by 1.7% to Rs. 643, Maruti is up by 1% to Rs. 823 and TVS Motors has added by 0.5% to Rs. 95.

Ranbaxy & IPCL surge higher while FMCG stocks dip

Thu, 17/08/2006 - 14:33 by MT Bureau

Mumbai -- After opening positive in the morning and then slipping into red the maraket emerges with mixed results.

On the one hand, Ranbaxy has surged by 1% to Rs. 407 after the company received an approval to market an AIDS drug combination in India. The scrip touched a high of Rs. 410 and a low of Rs. 402 and recorded volumes of over 4 lakh shares on NSE.

GE Shipping & Godawari Power are Down

Thu, 17/08/2006 - 11:23 by MT Bureau

Mumbai -- After registering positive opening in the morning the market has marginally slipped into red.

GE Shipping has lost by 1.2% to Rs. 252. However, the company has decided to buy Suemax Crude Carrier. The scrip has touched an intra-day high of Rs. 258 and a low of Rs. 250 and has recorded volumes of over 5 lakh shares on NSE.