The shares of construction company Gammon India rose 5.50 per cent to close at Rs 228.25 after delivering a net profit of Rs 21.29 crore in Q4 FY08 compared to a net loss of Rs 31.90 crore in Q4 FY07.

<tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>The company announced the results after market hours on June 30. For the year ended March 2008, the company&#39;s net profit rose 93.7 per cent to Rs 86.15 crore on a 25.8 per cent increase in net sales to Rs 2344.91 crore. 
</p><p class='TableClas'>The stock hit an intraday high of Rs 239.70 and a low of Rs 204. It has corrected by 43.88 per cent in the last one month. </P></p><p class='TableClas'></p></table>


Gammon India firms up on good Q4 show

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