Sail leads gainers in 'A' group

Sail spurted 6.33% to Rs 62.15 and topped the gainers in the BSE 'A' group. The stock rose on bargain hunting. The scrip had hit 52-week low of Rs 56.40 in intraday trade on Tuesday, 16 April 2013.

United Spirits galloped 6.07% to Rs 2156.25 after striking a record high of Rs 2195 in intraday trade today, 17 April 2013. The stock was second biggest gainer in 'A' group. UK-based Diageo plc has commenced its open offer to acquire an additional 26% in United Spirits at an offer price of Rs 1440 per share on 10 April 2013. The open offer will close on 26 April 2013. The open offer is a part of the deal inked by Diageo plc and the UB group whereby Diageo plc will acquire 53.4% of the enlarged USL share capital in two stages.

JSW Steel jumped 5.76% to Rs 732.90 and was third biggest gainer in 'A' group. The stock rose on volume of 5.08 lakh shares, higher than an average daily volume of 2.01 lakh shares in the past two weeks.

Wockhardt surged 5.65% to Rs 1797.60 on bargain hunting. The stock and was fourth biggest gainer in 'A' group. Earlier, the stock lost 15.69% in four trading days to Rs 1701.50 on 16 April 2013 from a recent high of Rs 2018.15 on 10 April 2013 on reports the US Food and Drug Administration (FDA) issued observations on the injectables unit of the company's Waluj (Aurangabad) manufacturing facility.

Essar Oil advanced 4.81% to Rs 85 and was fifth biggest gainer in 'A' group. The stock rose on volume of 21.83 lakh shares, higher than an average daily volume of 6.48 lakh shares in the past two weeks.

Powered by Capital Market - Live News