Decorative paints maker Asian Paints gained 2.03 per cent to Rs 1,059.90 and was the biggest gainer in the A group. Over 62,000 shares changed hands against the two-week average traded quantity of 24

Asian Paints is biggest gainer in A group

Business Standard

Reliance Energy soared 16 per cent to Rs 1989.95 on BSE after the company said it won a project worth Rs 2,500 crore from the Delhi Metro Rail Corporation in a consortium that included Spains CAF. 


New order powers Reliance Energy

Chennai Petroleum Corporation (CPCL) gained 8 per cent to Rs 289.70 on reporting a surge in net profit to Rs 225.62 crore in Q3 December 2007 from Rs 24.3 crore in Q3 December 2006. CPCLs total

Chennai Petro zooms on surge in net profit

Shares of IT services and solutions provider Patni Computers ended Fridays trading session at Rs 268.60 a share (15.68 per cent higher) following a company announcement that it would consider buyback

Patni Computers up on buyback announcement

Automaker Mahindra and Mahindra (M&amp;M) vaulted by 7.76 per cent to end at Rs 674.20 a share on reports that it was planning to take over $200 million Belgian gear maker VCST. Now, M&amp;M may no

M&M up on takeover buzz

Godfrey Phillips India rose 2 per cent to Rs 1,389.90 on BSE on reports that Philip Morris is in discussions with it to manufacture and market its marquee cigarette brand Marlboro through Godfreys

Godfrey Philips rises on Marlboro talks report

Great Offshore rose 8.81 per cent to Rs 874.60 on BSE after registering a 46.6 per cent rise in net profit to Rs 55.04 crore in third quarter ended December 2007 compared with the year-ago period. 


Strong Q3 results fuel Great Offshore rally

Shares of Indian cement majors are trading weak today as reports suggest that February dispatch numbers have turned out to be poor. On top of it recent diesel price hike for bulk buyers making freight charges expensive took an additional toll on the counters.

Cement stocks crack on poor demand

Jubilant FoodWorks is trading higher by 4% at Rs 984, extending its yesterday&rsquo;s 3% gain on reports that the company plans to foray into Bangladesh in the next one year and add two new stores in Sri Lanka in the coming months.

Jubilant FoodWorks rises 4% on expansion plans

Bharti Airtel has slipped 3.5% at Rs 335 in opening trades on reports that the South Africa-based Econet Wireless is seeking around $3.1 billion in damages from the company in a dispute over ownership of the Indian group's subsidiary Airtel Nigeria.

Bharti slips 3.5% on $3.1bn damages claim by SA firm

Jet Airways (India) and SpiceJet have opened higher by 2% each after the government allowed domestic carriers to import jet fuel or aviation turbine fuel (ATF) directly, instead of uplifting it from state-owned oil marketing firms, by applying to the Directorate General of Foreign Trade (DGFT).

Jet Airways, SpiceJet up on govt notification on direct ATF import

Shares of DB Realty tumbled by over 6% on the bourses today, as UAE-based Etisalat decided to shut down its Indian telecom venture with DB Group, following a court order quashing its mobile license in connection with the 2G spectrum case.

DB Realty tanks 6% at Etisalat shuts shop

Press Trust of India

Shares of Sesa Goa and Sterlite Industries tumbled by up to 9% today, couple of days after announcement of merger of the two companies by the parent Vedanta group.

Sesa Goa, Sterlite tank up to 9% on merger plan

The Areva T&amp;D India stock touched its 52-week high of Rs 1,185, before settling for an intra-day gain of 9 per cent at Rs 1,158.20 on reporting phenomenal third quarter results. 


Areva T&D powers on Q3 results

HMT jumped by 12 per cent to close Rs 87.10 followed by an 18-fold jump in volumes of 2.1 million shares on the news of Rs 723 crore revival package for HMT Machine Tools. 


HMT shines on revival package

Rashtriya Chemicals and Fertilizers rose nearly 6.9 per cent to close at Rs 44.2 on volumes of over 11.2 lakh, powered by its robust Q3 results. 


RCF surges on third-quarter boost

Larsen &amp; Tubro (L&amp;T) jumped 4.79 per cent to close at Rs 1,677.40, as it extended its post-results rally announced on January 29, coupled with surging order book. 


L&T`s post-results rally continues

UTI Bank was the top performer in the A group, as it surged over 8.3 per cent to close at Rs 587 on volumes of over 5.6 lakh shares. 


UTI Bank bullish on S&P upgrade

IFCI leaped over 18 per cent to touch its 52-week high of Rs 30 and settle at Rs 29.65. Strong volumes pushed the stock higher, as just a shade less than 50 million shares were traded on the counter.

IFCI soars on strong volumes

Shringar Cinemas surged about 10 per cent to Rs 73.5 on volumes of over 2.5 lakh, following the news that its Fame Multiplex in Aurangabad had received entertainment tax exemption, which will be

Shringar surges on fiscal boost

Bharat Electronics jumped over 10 per cent to touch its 52-week high of Rs 1,554, before settling for an intraday gain of about 7 per cent at Rs 1,507.50 over its previous close of Rs 1,409.30. 


Bharat Electronics rises on US deal

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