The Usher Agro scrip hit the 5 per cent upper circuit on news that a part of its Mathura plant has started operations. The stock ended the day at Rs 40.65. The company commenced commercial production for a line of its rice mill (capacity 1,00,000 MTPA) at Chhata, Mathura.

Usher Agro rises on start of plant ops

Business Standard

Shares of Great Eastern Shipping rose 2.56 per cent to close at Rs 172.05 after the Baltic Dry Index hit a four-month high.

GE Shipping up on record Baltic Index

The Avantel scrip rose 4.89 per cent to close at Rs 32.20 after the firm announced it has bagged a Rs 6.85-crore order from the Ministry of Defence for supply of satellite communication products to coast guards.

Avantel rises on defence order

Shares of Four Soft increased 4 per cent to Rs 14.25, after the company signed a contract with Noordex BV to implement 4S eTrans SME (a freight forwarding software). Its subsidiary, Four Soft Netherlands BV will deploy the software across Noordex&rsquo;s multiple allocations in Netherlands.

Four Soft rises on Noordex contract

Oracle Financial Services Software shares rose 2.2 per cent to close the day at Rs 687.7 on implementation of its Flexcube Universal Banking solution at Advanced Bank of Asia, Cambodia. The project which was completed in six months is the first Oracle Flexcube implementation in Cambodia.

Oracle Financial up on banking solution

Shares of Seamec hit an upper circuit of 20 per cent to close at Rs 47.75 on the announcement of its Q4 results. Net profit has increased from Rs 54.6 crore in Q4 FY08 compared to a net loss of Rs 15.9 y-o-y last year. The total income grew to Rs 104.4 crore in Q4 vis-&agrave;-vis Rs 22.3 crore, in the same period.

Seamec rises on Q4 results

Hindustan Dorr Oliver shares surged 19.4 per cent to close the day at Rs 31.7. The company bagged an order to set up a uranium ore processing plant from the Uranium Corporation of India worth Rs 441 crore.

Hind Dorr surges on Uranium Corp order

Tata Motors shares rose 7.26 per cent to Rs 150, on reports that Nano would be launched on March 23, 2009 at an event to be held in Mumbai. However, the bookings are expected to start in the second week of April.

Tata Motors up on Nano announcement

Everest Kanto Cylinder shares grew by 6.76 per cent to Rs 102.6, after an announcement that CP Industries Holdings, a wholly owned subsidiary has received orders totaling $5.8 Million from National Oilwell Varco, Rig Solutions Group. In addition, a letter of intent was received to supply large pressure vessels for $ 7.2 Million.

Everest Kanto rises on $5.8-mn order

The UCO Bank scrip surged 4.6 per cent to Rs 28.50, after the state-run lender said on Tuesday (December 30) after market closing that it has restructured its equity capital.

UCO rises on capital rejig

Shares of VIP Industries rose 7.11 per cent to close the day at Rs 39.9, after the board has approved the sale of its Satara unit for Rs 4.70 crore. The unit has been shut for over a year now.

VIP up on unit sale nod

The Sterlite Industries scrip surged 5.7 per cent to Rs 275.60, on the back of a rally in copper prices on the commodities markets.

Sterlite up 5.7% as copper rallies

Shares of Austin Engineering were locked in the 20 per cent upper circuit at Rs 59.4, after the company announced that its board would meet on January 8 to consider a share buyback.

Austin rises on share buyback

The stock of Gujarat Alkalies and Chemicals (GACL) spurted 10.75 per cent to close at Rs 80. 35 on the Bombay Stock Exchange (BSE) on reports that its shareholders have blocked the Gujarat

Shareholders' move pushes GACL up

The stock of GVK Power &amp; Infrastructure rose 3.60 per cent to close at Rs 24.45 on the Bombay Stock Exchange (BSE) after a block deal of 678,000 shares were executed at Rs 25.50 a share.

GVK Power rises on block deal execution

Shares of Future Capital Holdings (FCH) jumped 10.7 per cent to Rs 208.25 after the company acquired 100 per cent stake in Black Diamond Finance, a non-banking financial services firm, registered with

Future Capital rises on finance firm buy

The Dena Bank scrip galloped by 16.3 per cent to Rs 42.9 on the back of government&rsquo;s decision to recapitalise public sector banks to the tune of Rs 20,000 crore.

Dena Bank jumps on govt recapitalisation

The Bharati Shipyard (Bharati) scrip surged 5.4 per cent to Rs 84.75 after the founder of Great Offshore pledged another 2.15 per cent stake with Advitiya Urja, a wholly-owned subsidiary of Bharati.

Bharati Shipyard up on stake pledge

Shares of HOV Services were locked in the upper circuit to end the day at Rs 30.95, after the company announced that its board will meet on January 13, 2009, to consider the proposal of buy back of

HOV Services up on buyback buzz

The Transgene Biotek scrip extended its gains further, rising 9.8 per cent to Rs 24.60, on receiving licenses for manufacturing four drugs, used in controlling cholesterol.

Transgene soars on drug licences

Shares of Hindustan Unilever (HUL) rose around 2 per cent to Rs 251.5 on the back of defensive buying.

HUL rises on defensive buying

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