Adani Power leads gainers in 'A' group

Thermal power producer Adani Power spurted 7.24% to Rs 54.05. The stock topped the gainers in the BSE's 'A' group.

Auto component maker Motherson Sumi Systems galloped 5.43% to Rs 215.50. The stock was second biggest gainer in 'A' group. Motherson Sumi Systems' consolidated net profit rose 0.49% to Rs 195.80 crore on 3.9% growth in total income from operations to Rs 6675.84 crore in Q4 March 2013 over Q4 March 2012. The company announced Q4 results during trading hours on Friday, 17 May 2013. The stock fell 4.11% to Rs 204.40 on that day.

Financial services company Bajaj Finance jumped 4.91% to Rs 1,581.35, with the stock extending recent gains triggered by the company reporting strong Q4 earnings. The stock was third biggest gainer in 'A' group.

Shares of Bajaj Finance have risen 14.59% in four trading sessions from Rs 1,380 on 14 May 2013, after the company during trading hours on Wednesday, 15 May 2013, reported strong Q4 March 2013 earnings. The stock had risen 1.45% to settle at Rs 1,399.95 on Wednesday, 15 May 2013. Bajaj Finance's net profit surged 52% to Rs 164 crore on 35% growth in total income to Rs 843 crore in Q4 March 2013 over Q4 March 2012. The stock hit a high of Rs 1,590 so far during the day, which is also a record high for the counter.

Commodity trading company Adani Enterprises rose 3.32% to Rs 243. The stock was fourth biggest gainer in 'A' group. Adani Enterprises' consolidated net profit rose 53.1% to Rs 473.78 crore on 8.3% growth in net sales to Rs 11472.12 crore in Q4 March 2013 over Q4 March 2012. The company announced Q4 results during trading hours today, 20 May 2013.

Non-banking financial company Shriram City Union Finance rose 3.32% to Rs 1,107.75 ahead of the company's result announcement today, 20 May 2013. The stock was fifth biggest gainer in 'A' group.

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