Lupin leads gainers in 'A' group

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FOREIGN FUNDS NET SELL RS.463.89 CR IN EQUITIES ON NOVEMBER 20 (PROV)
MUTUAL FUNDS NET SELL RS.176.7 CR IN EQUITIES ON NOVEMBER 19
DII'S NET BUY RS.18.46 CR IN EQUITIES ON NOVEMBER 20 (PROV)
TO ENTER INTO CUSTOMIZED MOTOR CYCLE BIZ VIA PRO-BIKING SHOWROOMS
TO EXPAND PANTNAGAR CAPACITY TO 70,000 UNITS IN NEXT FEW MONTHS
AKER IS A NORWEGIAN SERVICE PROVIDER CO FOR OIL AND GAS OPERATIONS
AKER SOLUTIONS TO PROVIDE SUPPORT SERVICES IN KG BASIN
AKER BAGGED SUB SEA PRODUCTION ORDER FROM RIL IN 2006 ALSO
RELIANCE IND PLACES RS.115 CR ORDER WITH NORWAY'S AKER SOLUTIONS
PORTING CHARGES TO BECOME APPLICABLE FROM DECEMBER 31, 2009
MNP ALLOWS USERS TO CHANGE OPERATORS WHILE RETAINING MOBILE NOS
USERS TO PAY MAX OF RS.19 TO CHANGE OPERATOR WHILE RETAINING OLD NUMBER
TRAI COMES OUT WITH NUMBER PORTABILITY CHARGES
PUNJAB NATIONAL BANK PLANS TO RAISE RS 700 CR BY SELLING BONDS
TATA TELE-QUIPPO OFFERING BETTER SERVICING DEAL FOR TOWERS: SOURCES
GTL BID 10-15% HIGHER THAN TATA-QUIPPO: SOURCES
DEAL VALUED AT AROUND RS.6000 CR : SOURCES
MAY JOIN RACE FOR SHELL'S EUROPEAN REFINERIES: SOURCES
SENSEX, NIFTY UP 1% EACH FOR THE WEEK
CNX MIDCAP INDEX UP 1%, BSE SMALLCAP INDEX UP 1.6%
METAL INDEX UP 3.7%, AUTO INDEX UP 2.3%, FMCG UP 1.5%
INDEX GAINERS: SUZLON UP 9.3%, TATA STEEL UP 6.3%, SAIL UP 5.3%
APPROACHED SHELL FOR BUYOUTS BEFORE ESSAR'S EXCLUSIVE TALKS BEGUN
ESSAR-SHELL IN EXCLUSIVE NEGOTIATIONS TILL NOV 30 TO BUY 3 SHELL REFINERIES
RIL SPOKESPERSON: 'WE ARE REVIEWING A NUMBER OF GLOBAL OPPORTUNITIES'
RIL SPOKESPERSON TO NDTV: 'REVIEWS CANNOT ASSURE TRANSACTIONS'
JSW ENERGY ALSO IN RACE FOR ANDREW YULE'S DPSC STAKE: NW
CESC, SREI INFRA IN RACE FOR ANDREW YULE'S DPSC STAKE: NW
GAMMON INFRA BAGS NHAI PROJECT WORTH RS.850 CRORES
NET PROFIT AT RS.48.2 CR VS RS.12 CR; SALES UP 55% AT RS.849 CR (YOY)

Updated: 29/10/2009 | 12:00 AM IST

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Thursday, October 29, 2009 (New Delhi)

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Drug maker Lupin spurted 5.20% to Rs 1,233.10. The stock topped the gainers in the BSE's 'A' group. Lupin, after market hours on 28 October 2009, said that rating agency ICRA has assigned the rating of 'LAA+' to the company's non convertible debenture programme of Rs 500 crore. 'LAA+' is the high-credit-quality rating assigned by ICRA to long-term debt instruments.

Lupin, on 26 October 2009, had reported a 25% decline in net profit to Rs 98.37 crore on a 7.2% increase in sales to Rs 806.87 crore in Q2 September 2009 over Q2 September 2008.

India's largest tractor maker by sales Mahindra & Mahindra jumped 3.93% to Rs 927.75 after net profit soared 185% to Rs 702.94 crore on a 35.1% increase in total income to Rs 4691.08 crore in Q2 September 2009 over Q2 September 2008. The result, which was higher than market expectation, was announced during trading hours today, 29 October 2009. Mahindra & Mahindra was the second biggest gainer in 'A' group.

Mahindra & Mahindra said the result is not comparable with the corresponding quarter of the previous year since the company merged Punjab Tractors with itself effective, 1 August 2008.

Engneering company Voltas climbed 3.19% to Rs 153.60 after net profit rose 30% to Rs 80.64 crore on a 8% increase in total income to Rs 1018.12 crore in Q2 September 2009 over Q2 September 2008. The result was announced during trading hours today, 29 October 2009. Voltas was the third biggest gainer in 'A' group.

Public sector lender Bank of Baroda flared up 3.10% to Rs 512.55 after net profit rose 60.4% to Rs 634.18 crore on a 17.5% increase in operating income to Rs 4730.75 crore in Q2 September 2009 over Q2 September 2008. The result was announced during trading hours on Wednesday, 28 October 2009, when the stock ended higher 2.14% at Rs 497.15 on the BSE. Bank of Baroda was the fourth biggest gainer in 'A' group.

Female hygiene products maker Procter & Gamble Hygiene & Health Care rose 3% to Rs 1,471.25 ahead of its Q1 September 2009 result announcement later today, 29 October 2009. The stock was the fifth biggest gainer in 'A' group.

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