Gokaldas Exports surged 12.32 per cent to Rs 232.90 after reports in a leading financial daily that Blackstone Group is mulling a delisting proposal with the Indian promoters.

<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'>Blackstone Group (foreign promoter) held a majority 67.88 per cent stake in the company, while the Indian promoters held 20 per cent at the end of March 2008. 
</p><p class='TableClas'>The stock hit the 20 per cent upper circuit of Rs 248.80 during the day, but subsequently corrected after the company rubbished the reports as speculative. The scrip saw a total turnover of 1.17 lakh shares as against two-week average volumes of 1,153 shares. </P></p></table>


Gokaldas Exports rises on delisting buzz

DALAL STREET SPIKES

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