Selan Exploration Technology galloped 17.51 per cent to close at Rs 310.35 as the company&rsquo;s net profit jumped about five times in the quarter ended June 2008. The net profits zoomed 478.57 per

Selan Exploration races ahead on good Q1 show

Business Standard

Construction and engineering company, Punj Lloyd jumped 11.88 per cent to close at Rs 271.20 after reporting an 88 per cent y-o-y increase in consolidated net profit to Rs 111.9 crore on an 89 per

Punj Lloyd builds on good quarterly numbers

Anil Ambani group company Reliance Power rose 5.77 per cent to close at Rs 163.05 after the National Stock Exchange announced in a circular that Reliance Power would be replacing Dr Reddy's

Nifty inclusion energises Reliance Power

&nbsp;The stock of Spice Communications was the largest gainer last week. It zoomed more than 30 per cent after reports that UAE's Emirates Telecommunications (Etisalat) was exploring the possibility of investing in the company.

UAE firm fuels Spice

The stock of JM Financial gained nine per cent in the last one week after the company announced a liberal bonus issue and stock split.

Bonus issue lifts JM Fin

Essar Oil jumped 5.61 per cent to Rs 236.20 on reports that the company would be raising $5 billion in fresh debt to fund its $6 billion refinery capacity expansion programme at Vadinar, Gujarat, and for acquisition of oil and gas blocks in Iraq, Egypt and Australia.

Essar Oil soars on debt-raising plans

Ayurvedic products firm Zandu Pharmaceutical Works (Zandu) zoomed 19.54 per cent to close at Rs 9,714.90 after Emami raised its stake in the company to 27.51 per cent for an undisclosed amount.

Zandu Pharmaceutical in fine fettle on stake increase

India&#39;s biggest cement maker ACC, which is reportedly looking at options for inorganic growth in order to expand its capacity to 30.4 million tonnes (currently 22.4 million tonnes) by 2010, rose 3.74 per cent to Rs 649.50.

ACC rises on the back of inorganic growth plans

GMR Industries hit the 10 per cent upper circuit at Rs 87.85 after the company&#39;s board approved the acquisition of Alagawadi Bireshwar Sugars, which holds a license to set up and operate a 3500 tonnes of cannes per day (TCD) sugar mill at Raibagh in Karnataka.

GMR Industries firms up on acquiring sugar mill

Oil and Natural Gas Corporation (ONGC) was the only gainer among the Sensex stocks, flaring up 5.31 per cent to close at Rs 887.05, after the government hiked the prices of petrol, diesel and LPG, while simultaneously reducing the duties (customs and excise).

ONGC flares up due to cap on subsidy burden

Shri Dinesh Mills hit the 10 per cent upper circuit limit at Rs 1,408.45 after the company proposed a stock-split.

Shri Dinesh Mills gallops on stock split proposal

Suzlon Energy shot up by 8.66 per cent to Rs 268.60 after reports that the company had signed an agreement with the US government to help the country generate 20 per cent of its electricity using wind power by 2030.

Suzlon Energy breezes ahead on signing pact

Infosys Technologies spurted 5.86 per cent to Rs 1979.70 on reports the company is eyeing acquisitions in Europe to reaccelerate its growth.

Acquisition plans give a fillip to Infosys Technologies

The markets opened with a bang and ended with a whimper as the weekend worries tampered the bullish undertone.

Bulls lack large -buying conviction

Cairn India surged 8.45 per cent to Rs 286.25 after the announcement about receiving an exploration licence from Sri Lanka to explore oil and natural gas in the Mannar basin.

Cairn flares up after bagging Lankan project

Suzlon Energy surged 4.32 per cent to Rs 280.20 after the company acquired additional 30 per cent stake in RE power from Areva.

Suzlon Energy surges on RE power consolidation

The stock of Shri Dinesh Mills was the largest gainer in falling markets, appreciating by over 30 per cent, after the announcement on sub-division of equity shares.

Stock split fuels Dinesh Mills

The stock of HOV Services gained 18 per cent last week, from Rs 85.05 to Rs 100.40, after the company received an offer of about Rs 862 crore ($202 million) to purchase 100 per cent of its wholly owned subsidiary HOV Services, and its Hong Kong subsidiary from a company controlled by some of company&#39;s promoters and shareholders.

HOV zooms on purchase bid

On a day that saw stock prices tumbling like nine pins, Cairn India closed 4.84 per cent at Rs 300.10.

Cairn India gains on rally in crude oil

While the mood on the street was extremely bearish, National Aluminium Company (Nalco) managed to close 3.92 per cent higher at Rs 510.55.

Nalco sizzles on overseas expansion plans

Spicejet went up by 4.12 per cent to Rs 34.10 on reports that the Madurai-based business class airline, Paramount Airways is in talks with the company for a buyout.

Spicejet flies high on buyout talks

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