The stock pared gains and ended with a gain of 2.5% at Rs 214. Around 570,492 shares were traded on the BSE today.

Great Offshore, on the other hand, erased all gains and ended flat at Rs 567. Over 305,072 shares changed hands at the counter today.
_______________________________________________
(Updated at 0959 hrs)

Bharati Shipyard has advanced in early trades after increasing its stake in Great Offshore to 22.48%.

BSE  |  NSE Price

Also Read   Related Stories News Now - Bharati increases stake in Great Offshore to 22.48% - ABG hopes to complete open offer process by Sept 20 - ABG, Bharati may get parallel dates for Great Offshore offer - Great Offshore surges 10.37% - ABG increases open offer price for Great Offshore - ABG Shipyard ups Great Offshore offer price to Rs 520

Also Read   Related Stories News Now - Markets end flat - IFC plans to invest in Malaysia's Khazanah healthcare arm - Cong leaders must work together for winning elections: Scindia - Hotel Leelaventure redeems outstanding bonds worth $41.6 mn - Ex-Galleon portfolio manager testifies against Rajat Gupta More

The company has acquired an additional 3% stake in driling firm Great Offshore. The company paid Rs 560 for each of the 11.16 million shares bought on stock exchanges in bulk deals. This will revise the offer price announced by Bharati for Great Offshore shareholders for an additional 20% stake. The new offer price now stands at Rs 560.

Great Offshore on the other hand, has added 2% to Rs 575. Earlier in the day, the stock touched a high of Rs 584. Over 47,900 shares have changed hands at the counter so far.

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets end flat - IFC plans to invest in Malaysia's Khazanah healthcare arm - Cong leaders must work together for winning elections: Scindia - Hotel Leelaventure redeems outstanding bonds worth $41.6 mn - Ex-Galleon portfolio manager testifies against Rajat Gupta

Tags : Bharati Shipyard | Great Offshore | stock market | gainers & losers | BSE   Read Business news in  Advertisements -  Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol. -  Journey on, We are by Your Side. Click here to know more -  2 Lac Apartments, 1 Lac House / Plots. Click here -  Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol. -  Watch The Film Here. Click here to know more.. -  Leader in Passenger Car & Automobile Tyres. Click here -  1 billion in saving for Unilever without any tangles. -  A Brand New Server at a Price That Fits Your Budget. Click here -  Learn How One City is Running on FOOD SCRAPS. -  One Partnership Endless Possibilities. Click here to know more -  Helping doctors detect diseases earlier, saving costs & extending lives. -  36 Lakhs can get you a pool of Luxuries. Click here -  Which is the best plan for your daughter -  Check out the TRUE COLOURS of your Stocks, Now for FREE! -  One of the leading business schools in the world.Know More