Volumes jump at Abbott India counter

Abbott India notched up volume of 47,000 shares by 13:40 IST on BSE, a 57.11-fold surge over two-week average daily volume of 1,000 shares. The stock lost 2.23% to Rs 1,356.40.

Exide Industries saw volume of 18.35 lakh shares, a 9.42-fold surge over two-week average daily volume of 1.95 lakh shares. The stock lost 0.54% to Rs 119.50 after three block deals aggregating 16.12 lakh shares were executed on BSE. A block deal of 11.92 lakh shares was executed at Rs 116 per share at 10:04 IST. Another block deal of 2.10 lakh shares was executed at Rs 115.95 per share at 10:05 IST. Third block deal of 2.10 lakh shares was executed at Rs 116 per share at 10:05 IST. The three block deals constitute 0.18% of Exide Industries' equity.

Glenmark Pharmaceuticals clocked volume of 1.88 lakh shares, a 3.91-fold surge over two-week average daily volume of 48,000 shares. The stock jumped 5% to Rs 490.

Ess Dee Aluminium saw volume of 1.49 lakh shares, a 2.37-fold rise over two-week average daily volume of 63,000 shares. The stock lost 0.84% to Rs 384.75.

Bharat Heavy Electricals (Bhel) notched up volume of 6.40 lakh shares, a 1.55-fold surge over two-week average daily volume of 4.14 lakh shares. The stock rose 2.76% to Rs 182.60 after the company said at the time of announcement of provisional results for FY 2013 that its order inflow jumped 42.68% at Rs 31528 crore in FY 2013 over FY 2012.

The company announced the provisional results during trading hours today, 8 April 2013. Bharat Heavy Electricals' (Bhel) provisional net profit declined 7.88% to Rs 6485 crore on 1.01% growth in turnover to Rs 50015 crore in the year ended 31 March 2013 over the year ended 31 March 2012. This is the highest ever turnover for the company, Bhel said. Bhel's profit before tax (PBT) declined 10.39% to Rs 9231 crore in FY 2013 over FY 2012.

Bhel said it has achieved the highest ever annual addition of capacity generation of 10,340 megawatts (MW) in FY 2013.

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