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

Business Standard

Elecon Engineering stock went up by 6.07 per cent to Rs 58.55. The company announced its revenue guidance for the FY10 at Rs 1,150 crore with growth of 20 per cent compared with last year.

Elecon Engineering rises 6.07%

Eveready Industries India share prices closed with a gain of 5.39 per cent to Rs 25.40. The company informed the exchanges that it has signed an agreement with CG Holding, Paris, France, to investment both by way of equity and debt up to a maximum of 10 million euro in an overseas JV/SPV.

Eveready up 5.39% to Rs 25.40

Shares of Parsvnath Developers hit the 20 per cent upper circuit to end at Rs 57.15 on receiving an environmental nod for its railway city township project. Parsvnath got clearance from the State Environment Impact Assessment Authority, Haryana, for a proposed township, Parsvnath Railway City at Panipat in Haryana.

Parsvnath hits circuit

Bartronics India shares rose 11 per cent to close the day at Rs 100 on an announcement that the company had bagged a slaughter house project in Delhi. Bartronics will convert the slaughter house to an RFID enabled-one, which will be the first of its kind in India.

Bartronics up 11%

Larsen &amp; Toubro scrip rose 8.82 per cent to Rs 1,346.25 on reports that its Oman subsidiary has bagged three orders worth Rs 518 crore. The first, worth Rs 207.4 crore, involves construction, engineering and procurement of power sub-stations. The second (Rs 206.1 crore) is for construction of a power grid station.

L&T up on new orders

Mahindra &amp; Mahindra&rsquo;s shares surged 9.03 per cent to close the day at Rs 627.35 after the company&rsquo;s workers called off their &ldquo;tool down&rdquo; strike.

Strike end gives M&M a leg-up

CROMPTON GREAVES (CG) surged 11.39 per cent to Rs 250.9 on announcement of positive Q4 results. The group&rsquo;s net profit rose 35 per cent y-o-y to Rs 194 crore for the quarter ended March 31, 2009, whereas its total income increased 22 per cent to Rs2,482 crore during the same period. For the full year, Crompton&rsquo;s net profit and total income grew 38 per cent and 28 per cent, respectively.

CG rises 11.39% on good results

JAIN IRRIGATION surged 7.57 per cent to close the day at Rs 595.45 on bagging order worth Rs 65 crore. The company received the order from the Department of Irrigation and Public Health for an irrigation project in Balh Valley, Himachal Pradesh. The project involves survey, investigation, planning, designing, and supply and execution, and is part of the Bhakra Beas Management Board in Balh Valley.

Jain Irrigation up 7.57% on order

MPHASIS shares rose 4.39 per cent to Rs 285.4 after company&rsquo;s net surged three-fold. The consolidated net profit jumped 219 per cent y-o-y to Rs 224.5 crore for the March ended quarter, whereas the total income stood at Rs 1,048.5 crore, a rise of 52.3 per cent in the same period.

Mphasis rises 4.39% on results

GARDEN SILK MILLS shares increased 6.51 per cent to close the day at Rs 65.4 on a proposed Rs 150 crore capital outlay for setting up processing &amp; spinning plants. The company is setting up a plant for polyester filament grade chips with a capacity of about 300 tons per day (tpd) with a spinning capacity of about 100 tpd. Garden is also expanding its yarn processing capacity.

Garden up 6.51% on outlay plans

Dolphin Offshore Enterprises surged 10 per cent to close at Rs 262.50 after the company bagged an order worth $18.45 million for hire of charter vessel DP/DSV from Leighton India.

Dolphin Offshore up 10% on $18-million order

Deepak Fertilisers shares surged 18.57 per cent to close at Rs 103.10 after the company posted a net profit of Rs 39.63 crore in the fourth quarter of 2008-09. The stock opened at Rs 87.90 and went to a high of Rs 104.10 and a low of Rs 87.10 during intra-day trading.

Deepak Fertilisers rises 18% on good Q4 results

The stock has gained over 75 per cent in the last week after foreign fund Citigroup Global Markets Mauritius acquired 0.66 per cent stake in the firm.

Everonn gains 75% after Citigroup buys stake

The company's stock is the largest gainer in the real estate sector.

Sobha Developers rises on plans of raising funds

Ranbaxy Labs spurted 20.73 per cent to Rs 266.7 on reconstitution of the company&rsquo;s executive leadership. Tsutomu Une takes over as chairman and Atul Sobti as the new chief executive and managing director for three years.

Ranbaxy jumps on board rejig

HCL Infosystems surged 7.7 per cent to close at Rs 123.85 on receipt of a RS 240 crore-order from BSNL. The order is for rolling out of over 60,000 ERP licenses.

HCL Infosys up on BSNL order

LIC HOUSING FINANCE scrip increased 4.43 per cent to close the day at Rs 446.85 on company&rsquo;s proposed plans to consider a QIP. A meeting of its board of directors is scheduled on June 1, during which the board will consider issuing equity shares on preferential or qualified institutional placements basis.

LIC Housing rises 4.43%

TANTIA CONSTRUCTIONS shares rose 3.2 per cent to Rs 53.2 after the company won a railway order worth Rs 58 crore. Tantia is to construct a bridge over the Damodar river in West Bengal. The company announcement came after the market closed on Monday.

Tantia up 3.2% on order from rlys

Shares of Great Offshore rose 5.63 per cent to Rs 250.65 on news that the firm has entered into a 3-year contract with ONGC to charter three of its vessels for $65 million.

Great Offshore up  on deal with ONGC

The stock opened at Rs 651 and made an intraday high of Rs 689.8 with trading volumes of 8.92 lakh shares. The scrip delivered returns of 10 per cent in the last one week.

L&T rises on Rs 1,100 cr order

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