Manappuram Finance has plunged 10% to Rs 40 in early morning trades on back of huge volumes on the bourses. More than four million shares have changed hands in multiple block deals on the counter, the market report suggests.

Manappuram Finance plunges on huge block deals

Business Standard

Coal India is trading lower by 3.5% at Rs 336 after the stock turn ex-dividend today.

Coal India turns ex-dividend, stock down 3%

Godrej Properties is trading lower by 4% at Rs 637 after the company has fixed an issue price at lower price band of Rs 575 for allocation of equity shares under the Institutional Placement Programme (IIP).

Godrej Prop fixes IPP issue price at lower band, stk dn 4%

Jaiprakash Associates is trading higher by 3% at Rs 82 in otherwise weak market, on bagging power projects worth of Rs 913 crore from the Mangdechhu Hydroelectric Project Authority, Bhutan.

JP Associates up on Rs 913-cr Bhutan power contracts

Tata Metaliks has rallied 8% to Rs 72.90 after the company said its board has approved an issue of preference shares worth Rs 100 crore to its promoter Tata Steel.

Tata Metaliks rallies on board nod to allot Rs 100-cr shares to Tata Steel

Sugar stocks have rallied on the bourses after the government decided to allow the export of another 1 million tonne of sugar export under the Open general license (OGL) in view of surplus production.

Sugar stocks rises as govt allows additional exports

Subex Limited has moved higher by 8% at Rs 27.85 after the company said it has bagged multi-million dollar Revenue Operation Centre (ROC) deal in APAC.

Subex soars on bagging multi-million-dollar ROC deal

Maruti Suzuki India is trading lower by 3% at Rs 1,259 after the Maharashtra government has proposed hike in road and registration tax on vehicles in its Budget for FY13. Maharashtra, and particularly Mumbai, is a key market for carmakers and is estimated to contribute as much 13-14 % of national sales.

Maruti Suzuki dips as Maharahstra govt hikes registration tax

Panacea Biotec has surged 10% to Rs 81, extending its Thursday&rsquo;s 11% gain, after the company said it is scaling up production of anti-cancer products with the commissioning of its new facility at Baddi in Himachal Pradesh set up at an investment of Rs 55 crore.

Panacea Biotec extends rally on launch of new facility

IVRCL Ltd is trading higher by 5% at Rs 67.85, extending its previous day&rsquo;s 8% rally on reports of takeover of the company by Subhash Chandra&rsquo;s Essel Group.

IVRCL rises on takeover buzz by Essel Group

HPCL is trading higher by 5% at Rs 298 after Hindustan Mittal Energy Ltd (HMEL), a joint venture between the company and Lakshmi Mittal&rsquo;s Mittal Energy, said all units at the 180,000 barrel per day (bpd) Bathinda plant are commissioned.

HPCL rises on commissioning Bhatinda refinery

Press Trust of India

Dolphin Offshore hit 10 per cent upper circuit of Rs 347.15 till the closing hours of trading with nine fold increase in volumes of 18,190 shares on the BSE after its board decided to consider a bonus

Dolphin Offshore sails on bonus issue

Global Vectra Helicorp, the largest offshore transportation helicopter provider in the country, listed at a discount of 5 per cent to its issue price of Rs 185. 


Global Vectra lists at 5% discount

Accel Frontline listed at a a marginal premium of 4 per cent at Rs 77.9 to its issue price of Rs 75. However after touching a high of Rs 79.9, the stock closed at a 5.5 per cent discount at Rs 70.70.

Accel Frontline closes below issue price

The stock of Subex System jumped 15.63 per cent to Rs 633.70 on strong FY06 results and new acquisition. Around 4.68 lakh shares were traded on the BSE as against an average of 69 thousand shares. 


Subex surges 16% on acquisition

Mahindra Ugine Steel Company (Musco) jumped 9.60 per cent to Rs 156.40 on strong Q4 results. Around 3.47 lakh shares were traded on the BSE as against an average of 83 thousand shares. 


Mahindra Ugine up on good Q4 show

The TRF scrip leaped 5 per cent to Rs 165.15 as compared with its previous close of Rs 157.30 on the back of robust second quarter results. 


TRF powers up on strong second quarter numbers

The Gateway Distriparks Limited (GDL) scrip was up by around 4 per cent on the back of strong Q2 results to Rs 218.90 as compared with its previous close of Rs 210.70. 


Gateway Distri makes headway on robust Q2

The Vishal Exports Overseas scrip jumped 10 per cent to Rs 7.34 on the back of strong Q2 results. Around 6 lakh shares were traded on the BSE today. 


Strong bottomlines pump up Vishal Exports

Mphasis BFL is focussed on developing flexible platforms that allows its clients to rapidly implement business processes with minimal capital outlays. 


Stock watch: Mphasis BFL

The Vimta Labs scrip slumped 5 per cent to Rs 761.55 after the company reported a flat net profit for the quarter ended September 2005. 


Vimta Labs declines on flat September results

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