The stock rose 5 per cent to Rs 208.80, after the parent company, Zee Entertainment, informed that its board would meet on December 23 to consider restructuring of the ETC Networks. The company is engaged in the business of education and entertainment channels.

ETC Networks up 5%

Business Standard

The stock jumped 7 per cent to Rs 229.90 on reports that the Union Cabinet will shortly take up a proposal allowing existing power projects to sell a part of their unallocated generation capacity in the open market at market-determined prices.

NTPC surges 7 per cent

The stock gained 5 per cent to close at a 52-week high of Rs 236.10 on reports that steel companies may increase prices next month to cash in on the demand surge in the domestic market and recovery in the global steel prices.

SAIL rises 5 per cent

The stock jumped 11 per cent to Rs 50.65, after the government approved a proposal under which the telecom equipment manufacturer will continue to get orders for 30 per cent of the product requirement of BSNL and MTNL.

ITI surges 11%

The stock gained 3 per cent to Rs 525.60, after the company successfully raised Rs 73 crore by private placement of shares with qualified institutional buyers. The board of directors had allotted 1.45 million equity shares at Rs 506 per share, including premium of Rs 496 per equity share.

Unity Infra up 3 per cent

Railway stocks are on a roll on hopes of revival of dedicated railway freight corridor. Kalindee Rail Nirman, Titagarh Wagons, Texmaco, Hind Rectifiers, Kernax Microsystems and Stone India rose 5-20 per cent.

Railway stocks up 5-20%

The stock gained 5 per cent to Rs 233, after the foreign institutional investors purchased 1.12 per cent stake in the company from open market for Rs 7.08 crore.

Bharati Shipyard up 5%

The stock of Thiru Arooran jumped 4 per cent to Rs 165.75, after the government extended by 15 months a deadline for an obligation to export refined sugar against prior raw sugar imports until the March 2011. The move is meant to increase local supplies and rein in prices of the sweetener which rose more than 50 per cent in November 2009 from a year ago due to tight supplies.

Thiru Arooran Sugars up 4%

The stock frozen 20 per cent upper limit of circuit filter at Rs 315.30, on reports of acquisition and the fund raising plans. The board has decided to issue further capital up to $50 million (Rs 225 crore) through qualified institutional /FCCB/GDR or preferential allotment.

Nitin Fire Protection hits circuit

The Bharti Airtel stock jumped almost 3 per cent to Rs 299.95 in falling markets after SingTel said it had agreed to increase its effective stake in the company to 31.95 per cent from 30.43 per cent.

Bharti Airtel up 3 per cent

The shares of Anil Dhirubhai Ambani Group&rsquo;s Reliance Natural Resources (RNRL) jumped 4.56 per cent to Rs 66.55 as hearing on the gas dispute involving the Ambani brothers resumes on Wednesday. RNRL was the second-biggest gainer in BSE&rsquo;s &lsquo;A&rsquo; group.

RNRL jumps 4.5 per cent

The stock jumped 4.24 per cent to Rs 103.15 after Mahindra Satyam won an IT outsourcing contract from Swedish defence and aerospace firm, Saab.

Mahindra Satyam gains 4%

The stock gained 11.35 per cent to Rs 343.50 after the company signed an agreement with the Collector of Gadchiroli, Government of Maharashtra for executing a turnkey Technology Infrastructure Management Project for implementing National Rural Employment Guarantee Scheme (NREGS) in the Gadchiroli District of the state.

Glodyne up 11%

The stock rose 7.34 per cent to Rs 774, after the company reported its crude steel production rose 34 per cent to 453,000 tonnes in October 2009 over the same period last year.

JSW Steel up 7%

The stock gained 10 per cent at Rs 233.05, has frozen the upper limit of circuit filter on reports that the government is considering divesting its stake in copper producer. The Government of India holds a sizable 99.59 per cent stake in the company.

Hindustan Copper rises 10%

The stock was the largest gainer among Sensex companies and rose 5.2 per cent to Rs 2,318.55, after the state-run bank entered into an agreement with T Rowe Price under which the bank will sell 6.5 per cent holding each in UTI Asset Management Company and UTI Trustee Company.

State Bank of India gains 5.2 per cent

The stock jumped 11.87 per cent to Rs 62.20 on reports that company will charter the luxury train &mdash; Deccan Odyssey &mdash; over the next five years from November 18 to cash in on the influx of foreign tourists in India as recovery in the global economy brightens spending prospects.

Thomas Cook India up 11 per cent

The stock froze 20 per cent upper limit of circuit filter after the steel ministry said it will initiate a plan next month to sell stake in the company. The stock closed at Rs 433.70. The government of India which holds 98.38 per cent stake in the country&rsquo;s largest producer of iron ore is expected to consider a proposal to divest its stake.

NMDC jumps 20 per cent

The stock jumped 9.8 per cent at Rs 182, after the company decided to increase the production capacity of friction materials by 3000 million tonnes from existing 20,000 million tonnes. The total expenditure will be around Rs 21.50 crore of which Rs 17.50 crore will be borrowed from banks and the rest from internal resources.

Sundaram Brake Linings up 9.8%

The stock rose 6 per cent to Rs 288.90 after a wholly owned subsidiary Jubilant Biosys signed a 5 year pact with Singapore-based Duke University for global research and drug development.

Jubilant Organosys surges 6%

The stock jumped 4.24 per cent to Rs 227.65 to an all-time high, after the company acquired Vale Do Ivai SA (VDI), a Brazil-based sugar and ethanol firm. The acquisition includes two sugar and ethanol production facilities with a combined cane crushing capacity of 3.1 million tonnes per annum.

Shree Renuka Sugars jumps 4%

Stock Market Today: Stay Updated with Latest Stock Market News and Headlines, Read Stock market Breaking news, Get Stock Market News Live Updates on Business Standard.

Stock Market Today: Latest Stock Market News,Stock Market LIVE,Stock Market Headline Updates

Stay Updated with Latest Stock Market News and Headlines, Read Stock market Breaking news, Get Stock Market News Live Updates on Business Standard.

Page 185 - Stock Market Today