Micro Inks tops 'A' group
Micro Inks jumped 8% to Rs 405.45, extending a recent surge.
The scrip was the top gainer from BSE’s A group. The stock has been rallying sharply since late-December 2006 amid a revival in small-cap and mid-cap shares on the bourses. From Rs 320.25 on 28 December 2006, the stock has gained 26.6% in a short while. At the fag end of last month, its US subsidiary entered into a supply deal worth about $3 million with St. Ives Inc.
PSU telecom major, MTNL, jumped 5% to Rs 169.85 after media reports that the public sector telecom firm is talking with builders to develop commercial properties on large tracts of land it owns in prime locations across Mumbai, Delhi and the National Capital Region (NCR). The stock rose on a heavy volume of 41.3 lakh shares, and was the second biggest gainer from in 'A' group.
Titan Industries gained 4.8% to Rs 935.95, following reports that it had set a turnover target of Rs 1,250 crore for the current fiscal on the back of robust sales of its jewellery brands "Tanishq" and "Gold Plus". Last year, both brands together accounted for a turnover of Rs 780 crore. The company today opened its fourth Gold Plus showroom in Tamil Nadu, the sixth in the country. Titan proposes to open 20 Gold Plus showrooms across the country with special focus on Andhra Pradesh, Maharashtra and Karnataka in the next financial year. As regards Tanishq, four showrooms, including one in Bangalore, will be opened before March, 2007. Titan was the third biggest gainer in the 'A' group.
Titan's board will meet on 25 January 2007, to consider a restructuring plan for its associate companies. Titan announces December 2006 quarter results on the same day.
ING Vysya Bank rose 4.6% to Rs 170.80. It was the fourth biggest gainer from 'A' group. The private sector bank announces Q3 results today.
Another private sector bank, Kotak Mahindra Bank, rose 4.5% to Rs 446.30, ahead of its December 2006 quarter results on Monday 22 January. It was the fifth biggest gainer from BSE’s A group.
The scrip was the top gainer from BSE’s A group. The stock has been rallying sharply since late-December 2006 amid a revival in small-cap and mid-cap shares on the bourses. From Rs 320.25 on 28 December 2006, the stock has gained 26.6% in a short while. At the fag end of last month, its US subsidiary entered into a supply deal worth about $3 million with St. Ives Inc.
PSU telecom major, MTNL, jumped 5% to Rs 169.85 after media reports that the public sector telecom firm is talking with builders to develop commercial properties on large tracts of land it owns in prime locations across Mumbai, Delhi and the National Capital Region (NCR). The stock rose on a heavy volume of 41.3 lakh shares, and was the second biggest gainer from in 'A' group.
Titan Industries gained 4.8% to Rs 935.95, following reports that it had set a turnover target of Rs 1,250 crore for the current fiscal on the back of robust sales of its jewellery brands "Tanishq" and "Gold Plus". Last year, both brands together accounted for a turnover of Rs 780 crore. The company today opened its fourth Gold Plus showroom in Tamil Nadu, the sixth in the country. Titan proposes to open 20 Gold Plus showrooms across the country with special focus on Andhra Pradesh, Maharashtra and Karnataka in the next financial year. As regards Tanishq, four showrooms, including one in Bangalore, will be opened before March, 2007. Titan was the third biggest gainer in the 'A' group.
Titan's board will meet on 25 January 2007, to consider a restructuring plan for its associate companies. Titan announces December 2006 quarter results on the same day.
ING Vysya Bank rose 4.6% to Rs 170.80. It was the fourth biggest gainer from 'A' group. The private sector bank announces Q3 results today.
Another private sector bank, Kotak Mahindra Bank, rose 4.5% to Rs 446.30, ahead of its December 2006 quarter results on Monday 22 January. It was the fifth biggest gainer from BSE’s A group.
posted by SY at 6:07 PM
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