The Navneet Publications scrip rose 8.26 per cent to Rs 77.35 after the company announced its results for FY09. The company reported a 25.33 per cent growth in consolidated sales, while its net profit grew by 4 per cent. The company also recommended a dividend of Rs 2.60 per share.

Navneet Publications rises on good results

Business Standard

Indiabulls Financial Services rose 4.44 per cent to Rs 176.4 on plans to raise funds through QIP. The board has agreed to raise around $200 million by issuing equity shares, fully convertible debentures or a placement with qualified institutional buyers.

Indiabulls Fin up on fund-raising plan

The stock closed at its nine-month high on Friday as the board of directors of the company unveiled a Rs 250-crore capacity expansion plan for the next two years.

Sterlite Tech hits peak on capital expansion plan

The stock was frozen at the upper limit of the circuit filter throughout the week, after the Union Heavy Industries Minister Vilasrao Deshmukh announced that the government was considering a stake sale in the loss-making Tide Water Oil Co, in which the company holds 26.2 per cent shares.

Andrew Yule jumps on Tide Water divestment plan

Hindustan Dorr Oliver shares hit the 5 per cent upper circuit to Rs 94.35 on securing two orders from HPCL-Mittal Energy. The Rs 109-crore first order is from HPCL-Mittal Energy for an effluent treatment plant of 12 million litres per day capacity to be executed within 17 months.

Hind Dorr rises on new orders

The BEML scrip surged 17.3 per cent to close at Rs 1,061 on announcement of healthy quarterly numbers. The company&rsquo;s net profit rose 45 per cent to Rs 172 crore in the March quarter, while its total income increased 16 per cent to Rs 1,282 crore in the same period.

BEML surges on Q4 numbers

The small-cap stock has outperformed the market over the past one month, gaining 49 per cent compared to a 19 per cent gain in the Sensex. The current price of Rs 305 discounts its earning per share of Rs 13.84 for the year ended March 2009 by 22.03 times.

March numbers spur MindTree

The bank&rsquo;s profit jumped 250 per cent to Rs 50.52 crore in the March quarter as against Rs 14.45 crore registered in the year-ago period, while its total income increased 32.5 per cent during the period.

IndusInd up on 3-fold rise in profit

Venus Remedies&rsquo; stock surged 10.5 per cent to close the day at Rs 188.65 on getting nod from the Drugs Controller General of India&rsquo;s (DCGI) for a cancer drug.

Venus Remedies rises on drug nod

Cadila Healthcare rose 5.07 per cent to Rs 336.65 after its parent Zydus Cadila received nod to market immuno-suppressant Mycophenolate Mofetil tablets and capsules (of 500mg and 200 mg) in the US.

Cadila Healthcare rises 5 per cent

Suven Life Sciences hit the 10 per cent upper circuit today to close at Rs 15.85 after the US Food and Drug Administration cleared its Andhra Pradesh unit.

Suven Life high on US FDA nod

Godrej Industries spurted 18.06 per cent to Rs 104.9 on its buyback plan.

Godrej surges on buyback plan

Avery India shares surged 13.17 per cent to close the day at Rs 97.5 on the announcement that its promoter AV Co 3 plans to delist its Indian unit. AV Co 3, which holds 78.28 per cent in the company, is planning to acquire the remaining stake.

Avery India up on delisting move

BHARATI SHIPYARD surged 12.7 per cent to close at Rs 107.40 after the company acquired 14.9 per cent stake in Great Offshore. The scrip opened at Rs 97.10 and went on to achieve a high of Rs 113.50 and a low of Rs 97.10 during intra-day trades.

Bharati Shipping up on stake buy

UCO BANK moved up 5.15 per cent to close at Rs 32.65 after the company announced a net profit growth of 35.32 per cent. The scrip opened at Rs 32.10 and hit a high of Rs 33.50 and a low of Rs 31.25 during intra-day trading.

UCO rises 5.15% on better results

The shares of Gujarat NRE Coke rose 3.66 per cent to Rs 31.15 after its subsidiary secured a $50-million loan to support its coal mining facility in Australia. An international consortium of banks sanctioned the loan to Gujarat NRE Minerals for mine development at the collieries &mdash; NRE No 1 and NRE Wongawilli.

Gujarat NRE gains on loan sanction

The scrip of Aurobindo Pharma increased 5.9 per cent to close at Rs 297.75 after its Australian subsidiary received the approval from the Therapeutic Goods Administration to launch a cholesterol-lowering drug.

Aurobindo Pharma rises on Oz nod

Shares of KEC International rose 4.22 per cent to Rs 268.95 on bagging three orders worth Rs 111 crore. KEC got the orders from West Asia, Australia and India. The company has received a Rs 58 crore order for diversion of transmission lines in Abu Dhabi.

KEC rises on Rs 111-cr orders

Shares of Consolidated Construction Consortium increased 3.33 per cent to close the day at Rs 142.6 on receiving orders worth Rs 306 crore. The orders relate to construction of concrete bridge across the Adyar river for aircraft movement in Chennai Airport and construction of a township for Vedanta at Jharsuguda, Orissa.

Consolidated up on Rs 306-cr orders

Shriram Transport Finance shares rose 4.86 per cent to Rs 256.75 on positive quarterly results. Net profit grew 37.5 per cent to Rs 154 crore for the March quarter, whereas the total income increased 29 per cent to Rs 1,004 crore in the same period.

Shriram Transport rises on Q4 results

Piramal Life Sciences hit the 5 per cent upper circuit to close the day at Rs 51.50. This was after the firm&rsquo;s announcement that it has received regulatory approval from the Drug Controller General of India to conduct clinical studies of its cancer molecule P276 for pancreatic, head and neck cancer.

Piramal Life up on clinical-trial nod

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