Jaiprakash Power Ventures, Jaiprakash Associates, Financial Technologies (India) and Apollo Tyres are among the other gainers.
Hotel chain operator Indian Hotels Company jumped 13.10% to Rs 68.20. The stock topped the gainers in the BSE's 'A' group. The stock hit a 52-week high of Rs 69.80 in intraday today, 20 February 2014.
Power generation firm Jaiprakash Power Ventures galloped 6.75% to Rs 15.35. The stock was second biggest gainer in 'A' group.
Infrastructure company Jaiprakash Associates spurted 4.96% to Rs 41.25. The stock was third biggest gainer in 'A' group.
Financial software maker Financial Technologies (India) (FTIL) climbed 4.41% to Rs 340.60. The stock was fourth biggest gainer in 'A' group. The company after market hours on Wednesday, 19 February 2014, in a clarification to the stock exchanges with reference to the news item titled "Tech M and FT Come Closer on Deal Talks" said, "As a policy of the company, we do not wish to comment on any speculative news article; hence we would not like to offer any comments on the said news reporting and also on the price rise of the company's share".
FTIL further clarified, "We have no comments. It is not our policy to comment on market rumours or speculation. Any definitive development of any substantive nature will be first notified to the stock exchanges in full compliance with Listing Agreement, so as to ensure uniform and simultaneous disclosure to all the investors".
"As a responsible corporate and as a matter of good corporate governance practice, any price sensitive information pertaining to operations or performance of the company, or such other information as required under Clause 36 of the Listing Agreement, will be first notified to the Stock Exchanges to comply with the Listing Agreement", FTIL said.
Meanwhile, Tech Mahindra in a clarification to the exchanges on the aforesaid news item clarified, "the report is speculative in nature and therefore the answers to both your questions is in negative".
Apollo Tyres rose 3.60% to Rs 123.85. The stock was fifth biggest gainer in 'A' group. The stock hit a record high of Rs 124.65 in intraday today, 20 February 2014.
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