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Wednesday, September 20, 2006

Movers & Shakers


  • Gabriel India zoomed on reports that the company will be selling its Mumbai property for Rs85 crore.
  • Alstom Projects advanced on bagging multiple orders worth Rs330 crore from NTPC, Tata Power, Nalco and GEA Energy Systems.
  • Ceat gained after it announced that it would cut the prices of truck and bus tyres by 4-5%.
  • Nandan Exim rallied sharply on reports that the company would raise up to Rs100 crore through the issue of FCCBs/GDRs/ADRs.
  • Diamond Cables gained on bagging two orders worth Rs14 crore.
  • Thermax moved up on receiving an order worth Rs88 crore from a cement company.
  • Chettinad Cement Corporation edged higher on plans to set up a new greenfield cement manufacturing unit at Ariyalur near Trichy in Tamil Nadu.
  • i-flex Solutions inched up on launching the i-flex Process Framework for Banking tool.
  • Magma Leasing declined despite reports of the company signing a car financing deal with Maruti.