MRF, Unitech, Thermax and Berger Paints India are among the other gainers.
Financial software maker Financial Technologies (India) (FTIL) hit an upper circuit limit of 10% to Rs 332.50, extending recent gains triggered by the company's plan to exit from exchanges businesses. The stock topped the gainers in the BSE's 'A' group.
Shares of FTIL have risen 24.37% in three sessions from a recent low of Rs 267.35 on Friday, 18 July 2014.
FTIL clarified during trading hours on Tuesday, 22 July 2014, that it would like to exit from exchanges business. Accordingly, the process of divestment in exchanges is been evaluated considering all options including through IPO, the company added. The clarification was issued after media reports suggested that FTIL is looking to exit Indian energy exchange.
On Monday, 21 July 2014, FTIL announced that it entered into a share purchase agreement (SPA) to sell 15% stake in Multi Commodity Exchange of India (MCX) to Kotak Mahindra Bank (KMBL) for a total consideration of Rs 459 crore. After the latest stake sale, FTIL's shareholding in MCX will come down to 5%, which is under lock-in till 7 March 2015.
Tyres maker MRF galloped 7.27% to Rs 24,651.10 after net profit rose 1.29% to Rs 230.22 crore on 9.71% increase in total income to Rs 3,357.03 crore in Q3 June 2014 over Q3 June 2013. The result was announced during trading hours today, 23 July 2014. The stock was second biggest gainer in 'A' group. The stock hit a record high of Rs 24,749 in intraday today, 23 July 2014.
Real estate developer Unitech spurted 5.16% to Rs 27.50. The stock was third biggest gainer in 'A' group.
Energy and environment solutions provider Thermax climbed 4.83% to Rs 909.90. The stock was fourth biggest gainer in 'A' group.
Paints and varnishes maker Berger Paints India rose 4.73% to Rs 305.60. The stock was fifth biggest gainer in 'A' group. The company will announce Q1 results on 1 August 2014.
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