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

Business Standard

The Dalal Street is likely to remain subdued this week following the Satyam fiasco and the Securities and Exchange Board of India&rsquo;s (Sebi&rsquo;s) decision to review earnings of other Sensex and

D-Street may remain weak after Satyam scam, say analysts

Press Trust of India

Shares of Mundra Port and Special Economic Zone spurted 9.64 per cent to Rs 370.2 following an announcement that a pilot consignment (comprising 1,534 Maruti A-star cars) for export to UK and Italy is

Mundra Port up on consignment arrival

Construction firm PBA Infrastructure galloped 15.84 per cent to Rs 30.35, after the company announced that it has received an order worth Rs 459 crore.

PBA Infra rises on Rs 459-crore order

The scrip of Hindustan Petroleum Corporation (HPCL) rose 4.2 per cent to Rs 270.8 today as crude oil prices fell to $37 a barrel. The fall in crude oil would help oil marketing companies such as HPCL to lower their under-recoveries. Global oil prices are dipping further on concerns that further production cuts by OPEC may not be able to offset the weak demand.

Crude oil fall boosts HPCL 4.2%

Jubilant Organosys&rsquo; shares rose 4.6 per cent to Rs 141 on the announcement that the company&rsquo;s Bangalore-based subsidiary, Jubilant Biosys, has entered into a drug discovery partnership with BioLeap, USA. The partnership involves providing pre-clinical drug discovery services for multiple therapeutic areas.

Jubilant up 4.6% on JV with US firm

Reports of 10 per cent stake sale in Petronet LNG (PLNG) to Qatar Petroleum led to an 8.27 per cent rise in PLNG's shares to Rs 37.7. Qatar has committed to sell six LNG cargoes in the first half of 2009 and it may export an additional 18 cargoes on request.

Petronet LNG rises on stake sale

Shares of CMC, a Tata group company, rose by 8.13 per cent to Rs 312 on the back of robust Q3 numbers.

CMC up on robust third-quarter results

Due to the increase in the open offer price, the acquirers have made an additional cash deposit of around Rs 1.68 crore to its existing sum of Rs 15.93 crore in the escrow account.

Avery India spurts 20%

The Sonata Software scrip was up 7.2 per cent to Rs 17.10 on the announcement of positive third quarter results.

Sonata Software up

Shares of Orchid Chemicals and Pharmaceuticals soared 3.94 per cent to Rs 83.05 after the company received approval for a new drug. The company has received approval from the US Food and Drug Administration for Levetiracetam tablets in multiple strengths.

Orchid Chem up nearly 4% on new drug nod

Shares of Bangalore-headquartered Advanta India gained 8.04 per cent to close at Rs 551 after it announced that it has signed a pact with a US-based agricultural technology company for using its nitrogen-use efficient technology in sorghum, a feed crop.

Advanta gains 8% on pact with US firm

Shares of Jaiprakash Hydro Power (JP Hydro) rose 10.54 per cent to close the day at Rs 32 after the company announced its third quarter results after the market hours on Friday.

JP Hydro up on Q3 results

The announcement of Sadbhav Engineering consortium bagging a Rs 1,415-crore project spurted the stock by 5 per cent to close the day at Rs 324.2. The company, along with consortium partners HCC and John Laing, have been awarded the road project by NHAI, which involves the design, engineering, finance, procurement, construction, operation and maintenance of 4/6 laning of Madhya Pradesh-Maharashtra border-Dhule section of NH-3. The stock made an intraday high of Rs 324.2 and a low of Rs 315.

Sadbhav Engg rises on order

Shares of Madras Aluminum Company (Malco) hit the upper circuit of 4.97 per cent and stayed there to close the day at Rs 59.15 on a proposal from Twinstar Holdings (holds 80 per cent in Malco) to buyout the 20 per cent residual stake.

Malco rises on buyout proposal

The AIA Engineering (AIA) stock rose 6.78 per cent to close the day at Rs 130 after the company announced Q3 results. AIA reported net sales increase of 44.52 per cent to Rs 272.92 crore in the third quarter Y-o-Y whereas net profits grew by 16.5 per cent to Rs 47.2 crore.

AIA Engg soars on third-quarter results

The UCO Bank scrip rose 2.67 per cent to Rs 28.85 after the company announced its third quarter results. The bank reported an increase of 33.4 per cent in total income to Rs 2,433.5 crore during the quarter, whereas net profit grew by 107 per cent to Rs 171.6 crore.

Uco Bank up 2.67% on 2-fold Q3 net rise

Shares of GSS America Infotech (GSS) spurted 5.22 per cent to close the day at Rs 109.9 on a share buyback plan. GSS board will meet on January 29 to propose a buyback of equity shares and to announce the December quarter results.

GSS America Infotech spurts 5% on buyback plan

Shares of Coromandel Fertilizers (Coromandel) rose 13.12 per cent to close the day at Rs 103 on better third quarter results. The company&rsquo;s net profit surged 77.3 per cent year-on-year to Rs 133 crore in the quarter ended December 2008. Total income jumped to Rs 3,726 crore from Rs 956 crore during the same period.

Coromandel Fertilizers rises 13% on better Q3 results

The Educomp Solutions (Educomp) scrip spurted 16.15 per cent to Rs 1,782.8 after the company filed a complaint with the additional commissioner of police, Economic Offences Wing, Crime Branch, New Delhi, against persistent malicious emails that are being circulated since the last few days.

Educomp up 16% after filing police complaint

Indiabulls Securities scrip surged 19.08 per cent to Rs 20.6 after the company announced that its board will meet on February 2 to consider a buyback proposal. The stock hit an intra-day high of Rs 20.75 and a low of Rs 18.5, recording trading volumes of 9.93 lakh shares (about three times higher than its two-week average activity).

Indiabulls Securities surges 19% on buyback plan

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