Jaiprakash Associates leads gainers on BSE's 'A' group

Amtek Auto, GVK Power & Infrastructure, Reliance Defence and Engineering and Unitech are among the other gainers in the BSE's 'A' group today, 22 June 2017.

Jaiprakash Associates jumped 13.16% at Rs 17.37 at 13:50 IST. The stock topped the gainers in 'A' group. On the BSE, 1.79 crore shares were traded on the counter so far as against the average daily volumes of 86.47 lakh shares in the past two weeks.

Amtek Auto surged 9.95% at Rs 30.95 with the stock extending recent rally on media reports that the company has received expressions of interest (EoIs) from 21 investors, including Bain Capital, TPG Capital, DA Capital, Piramal Enterprises, AION Capital, Deccan Value Investors and Edelweiss Asset Reconstruction Company which will place financial bids over the next three months for a stake in the debt-ridden auto component maker. The stock was the second biggest gainer in 'A' group. On the BSE, 29.27 lakh shares were traded on the counter so far as against the average daily volumes of 14 lakh shares in the past two weeks.

However, Amtek Auto in a clarification issued to the stock exchanges after market hours yesterday, 21 June 2017 said that presently it does not have any information which is required to be disclosed to stock exchanges.

GVK Power & Infrastructure spurted 7.93% at Rs 7.08. The stock was the third biggest gainer in 'A' group. On the BSE, 54.78 lakh shares were traded on the counter so far as against the average daily volumes of 10.16 lakh shares in the past two weeks.

Reliance Defence and Engineering rose 6.42% at Rs 60.5 after the company successfully delivered yet another 73,500 dead weight tonne (DWT) new-built Ice-class Panamax Bulk Carrier viz. 'Golden Opal' on 21 June 2017 to an international customer. The announcement was made after market hours yesterday, 21 June 2017. The stock was the fourth biggest gainer in 'A' group. On the BSE, 12.83 lakh shares were traded on the counter so far as against the average daily volumes of 3.59 lakh shares in the past two weeks.

Unitech rose 5.57% at Rs 5.31. The stock was the fifth biggest gainer in 'A' group. On the BSE, 53.16 lakh shares were traded on the counter so far as against the average daily volumes of 21.64 lakh shares in the past two weeks.

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