On Friday, the sugar manufacturer, Bajaj Hindusthan, declined by 8.5 per cent to close at Rs 357.7. Friday's fall has been after the company announced its June quarter results. Over the past week, the

Bajaj Hind hit by June qtr numbers

Business Standard

Logistics company Gateway Distriparks declined by 11.5 per cent to close at Rs 153. The stock price has slumped by 12.2 per cent over the past one month. It touched a 52-week low of Rs 144 in June. 


Gateway Distriparks down 11.5%

On Tuesday, Unity Infraprojects shot up 8.6 per cent to Rs 354.2, after touching a high of Rs 371.2. A total of 60,253 shares were traded on BSE. The stock had touched a 52-week high of Rs 650 in

Unity Infra heads north on new orders

Indiabulls Financial Services appreciated by 9.02 per cent to Rs 215.8. Earlier during the day, it touched a high of Rs 221. The counter saw volumes of over 6,96,000 shares on BSE. 


Indiabulls surges on June qtr numbers

Mphasis BFL jumped 17 per cent to reach Rs 157.3, after touching a high of Rs 164.45. Nearly 27 lakh shares were traded on the counter on Wednesday. Recently, it touched a 52-week high of Rs 121 on

Mphasis BFL jumps 17% on EDS merger

On Wednesday, Deccan Chronicle shot up 15.7 per cent to close at Rs 410.2, after climbing an intra-day high of Rs 422. A total of 81,384 shares exchanged hands on Wednesday. The stock has appreciated

Deccan Chronicle up on Q1 numbers

Cummins India scrip went up by 12.3 per cent to Rs 193.65. Earlier it touched a high of Rs 196.7. Around eight lakh shares were traded on BSE. The stock has gained by over 11 per cent over the past

Cummins India up 12% on good Q1 show

The Chennai-based BPO company Allsec Technologies scrip was up 14.3 per cent to Rs 227.4. It gained an intra-day high of Rs 236.7. Around 91,401 shares changed hands on Thursday. Over the past one

Allsec Technologies up 14.3% at Rs 227.4

Jammu &amp; Kashmir Bank scrip appreciated by 8.9 per cent to Rs 383.1. It touched an intraday high of Rs 393, even as it was at its 52-week low of Rs 306.05 on 24 July. Around 3,00,032 shares were

J&K Bank up 8.9% on good Q1 show

Finolex Cables scrip went up 7.1 per cent to Rs 283.6, after touching a high of Rs 286. Over 24,000 shares changed hands on BSE. The stock has appreciated by 10.44 per cent during the past week. 


Finoloex Cables up 7.1% to Rs 283.6

There is speculative buying ahead of Q2 results. The upside should be till Rs 3,250, maybe till Rs 3,300. Keep a stop at Rs 3,155 and go long. Increase the position between Rs 3,225 and Rs 3,235 and reset the stop to Rs 3,210. Either clear the position at Rs 3,250 or book partial profits and reset the stop to Rs 3,235 if you want to hold till Monday with a Rs 3,300 target.

Trading desk

Dr Reddyâ€™s Laboratories has moved higher by over 2% at Rs 1,880 after the company said it has launched Finasteride tablets (1 mg), a bioequivalent generic version of Propecia in the US market on yesterday.

Dr Reddy's Lab gains on launch of Finasteride in US

The markets had a poor session of trade on the back of weak set of cues from the global front. With&nbsp;the Asian markets having a nervous day and&nbsp;European markets showing no&nbsp;respite from&nbsp;selling pressure, the&nbsp;markets back home&nbsp;headed&nbsp;lower with every passing hour to close near the day's lows.&nbsp;The Sensex ended at 18311, lower by 97&nbsp;points and the Nifty ended at 5505, down 38 points.

Markets slide on weak global cues

The stock frozen 20 per cent upper limit of circuit filter to Rs 9,672.50, after the prices of sugar rose sharply. Ex-mill sugar price in Uttar Pradesh is at a record high of Rs 3,700 a quintal. The prices have gone up 7-8 per cent in a month, though crushing season is on.

Ravalgaon Sugar up 20%

The stock jumped 5 per cent to Rs 913.95 after the company inaugurated a 1.2 million tonne factory at Kudithini village in Karnataka, 16th in the country, on an investment of Rs 370 crore. With the new plant, the company&rsquo;s total annual capacity has gone up to 26 million tonnes. It has also consolidated the company&rsquo;s position as India's largest cement producer.

ACC rises 5%

The stock gained 2.4 per cent to Rs 1,178.15, a lifetime high, after the company announced more than 100 per cent growth in its domestic auto sales for the month of December 2009. The domestic auto sales stood at 22,754 units, as against 10,253 units in December 2008, up 2.22 times.

M&M surges 2.4 per cent

The stock jumped 2.3 per cent to Rs 1,204.55 after the company said Phase-III clinical trial for its anti-diabetic molecule balaglitazone achieved the set parameters.

Dr Reddy's Lab rises 2.3%

The public sector undertaking (PSU) stocks gained between 1 per cent and 7 per cent on reports that the government plans fast-track disinvestment of three firms and aims to complete the process by the end of the current financial year. Rural Electrification Corporation (REC) was up 5 per cent to Rs 252.50, NMDC was up 3.6 per cent to Rs 434 and NTPC was up 1 per cent to Rs 233.10 on BSE.

PSU stocks up 1-7 per cent

The stock jumped 12 per cent to Rs 204.85, after the foreign institutional investors (fii) bought company&rsquo;s shares through block deals on BSE and NSE. Citigroup Global Market Mauritius, acquired 750,000 equity shares at an average price of Rs 190.22 on Monday.

Magma Fincorp up 12 per cent

The stock gained 2.64 per cent to Rs 1,199.05, on reports the company found traces of oil reserve in Gujarat which could increase the company&rsquo;s total onshore oil production by 20 per cent. The new hydrocarbon structure located at North Kadi in the Mehsana area is likely to produce at least 1 million metric tonnes per annum (mmtpa) of oil.

ONGC surges 2.62%

The company will settle the loan at a 19 per cent discount, paying Rs 37 crore to DBS, according to the terms of the consent decree signed on Saturday.

Wockhardt up 2.42%

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