ABB India leads gainers in 'A' group

Jindal Steel & Power, Siemens, Cummins India and Adani Ports & Special Economic Zone are among the other gainers.

Engineering company ABB India jumped 12.80% to Rs 666.65 after net profit surged 249.37% to Rs 58.59 crore on 5.72% rise in total income to Rs 2204.56 crore in Q4 December 2013 over Q4 December 2012. The result was announced during market hours today, 18 February 2014. The stock topped the gainers in the BSE's 'A' group.

Jindal Steel & Power galloped 6.93% to Rs 252.45. The stock was second biggest gainer in 'A' group. The company after market hours today, 18 February 2014, announced closure of share buyback. As on 4 February 2014, the company had bought back 1.99 crore equity shares, representing 52.04% of the maximum buyback size, for which it utilised an amount of Rs 500.31 crore.

Engineering company Siemens spurted 5.86% to Rs 562. The stock was third biggest gainer in 'A' group.

Diesel and natural gas engines maker Cummins India climbed 5.72% to Rs 459.55. The stock was fourth biggest gainer in 'A' group.

Adani Ports & Special Economic Zone rose 5.54% to Rs 159.15. The stock was fifth biggest gainer in 'A' group.

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