Financial software maker Financial Technologies (India) spurted 6.24% to Rs 848.25 on media reports that the company is in talks with private equity funds to pare stake in Indian Energy Exchange (IEX). The stock topped the gainers in the BSE's 'A' group.
Financial Technologies (India) refrained from commenting on the media report by saying that as a company policy, it does not wish to comment on rumors that are speculative in nature. It further added that as a responsible corporate, any definitive development of any substantive nature will be first notified to the stock exchanges. The company made the clarification during trading hours today, 28 May 2013.
Gujarat government-owned miner Gujarat Mineral Development Corporation (GMDC) galloped 5.88% to Rs 143.95 on bargain hunting ahead of its year ended March 2013 result announcement today, 28 May 2013. The stock was second biggest gainer in 'A' group.
Shares of GMDC jumped on bargain hunting after the stock fell 9.52% in the preceding eight trading sessions to Rs 135.95 on 27 May 2013, from a recent high of Rs 150.25 on 15 May 2013.
India's largest two-wheeler maker by sales Hero MotoCorp jumped 5.09% to Rs 1745.75. The stock was third biggest gainer in 'A' group.
Mahindra & Mahindra Financial Services climbed 4.55% to Rs 254.85. The stock was fourth biggest gainer in 'A' group.
Commercial vehicles maker Eicher Motors rose 4.02% to Rs 3,781.35. The stock was fifth biggest gainer in 'A' group. The stock hit a record high of Rs 3,815 in intraday today, 28 May 2013.
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