Monday, October 27, 2008

Unitech leads gainers in 'A' group

Godrej Industries, Indiabulls Real Estate, Nagarjuna Construction Company, and Oracle Financial Services Software are among the other gainers.

Real estate developer Unitech surged 41.86% to Rs 42.70. It topped the gainers in BSE's A group. The stock surged on filing complaint with the market regulator against some brokers for hammering its shares 51% on 24 October 2008.

Chemicals exporter Godrej Industries soared 18.18% to Rs 72.15, ahead of its Q2 September 2008 result announcement later today. It was the second biggest gainer in 'A' group.

Real estate developer Indiabulls Real Estate jumped 15.07% to Rs 111.45. It was the third biggest gainer in 'A' group.

Infrastructure constructor Nagarjuna Construction Company flared up 12.59% to Rs 48.75. It was the fourth biggest gainer in 'A' group. The company, during market hours today, reported 25.74% rise in net profit to Rs 42.30 crore on a 55.97% increase in sales to Rs 1056.81 crore in Q2 September 2008 over Q2 September 2007.

Oracle Financial Services Software, formerly known as i-flex Solutions, rose 10.26% to Rs 477.35. It was the fifth biggest gainer in 'A' group. The company suring market hours on Friday (24 October 2008), reported 20.68% rise in net profit to Rs 111.25 crore on a 17.71% increase in sales to Rs 544.78 crore in Q2 September 2008 over Q1 June 2008.

Courtesy: Capitalmarket.com

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