Hindustan Copper leads gainers in 'A' group

State-run copper miner Hindustan Copper surged 15.69% to Rs 172.20 on bargain hunting after the stock tumbled 23.39% in the preceding twelve trading sessions to Rs 148.85 on 21 December 2011 from a recent high of Rs 194.30 on 2 December 2011. The stock topped the gainers in the BSE's 'A' group.

Infrastructure company Jaypee Infratech soared 11.44% to Rs 38. The stock hit a record low of Rs 33 today, 22 December 2011. The stock was second biggest gainer in 'A' group.

Shares of Jaypee Infratech rose on bargain hunting after the stock tumbled 15.91% in the preceding six trading sessions to Rs 34.10 on 21 December 2011 from a recent high of Rs 40.55 on 13 December 2011.

Commercial vehicles maker Ashok Leyland spurted 11.19% to Rs 23.35. The stock hit a 52-week low of Rs 20.05 today, 22 December 2011. The stock was third biggest gainer in 'A' group.

Ashok Leyland announced after market hours on Tuesday, 20 December 2011 that together with its associate companies it would increase its stake in the British bus maker Optare plc to 75.1%. The Hinduja Group company had acquired a 26% stake in Optare in July 2010. The proposed hike follows a refinancing agreement, which, subject to Optare shareholders' approval, will enable synergy with Ashok Leyland's global plans for buses.

State-owned trading firm MMTC climbed 10.90% to Rs 497.35. The stock was fourth biggest gainer in 'A' group.

Apollo Tyres galloped 9.64% to Rs 60.85 on bargain hunting after the stock tumbled 9.68% in the preceding two trading sessions to Rs 55.50 on 21 December 2011 from a recent high of Rs 61.45 on 19 December 2011. The stock was fifth biggest gainer in 'A' group.

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