Jaiprakash Hydro-Power leads gainers in 'A' group

Max India, Torrent Power, MMTC, and IDBI Bank are among the other gainers.

Hydroelectric power project operator Jaiprakash Hydro-Power surged 20.64% to Rs 89.15. It topped the gainers in the BSE's 'A' group.

Diversified firm Max India soared 13.65% to Rs 230.70. It was the second biggest gainer in 'A' group.

Power distributor Torrent Power spurted 10.23% to Rs 157.35 on reports the company has submitted a proposal to Gujarat Electricity Regulatory Commission (GERC) for hiking tariff by 15%. It was the third biggest gainer in 'A' group.

State-run trading firm MMTC climbed 10% to Rs 31,098.25 on hopes the government may divest substantial stake in the company. The government holds 99.33% stake in MMTC as on March 2009. The stock was the fourth biggest gainer in 'A' group.

State-run IDBI Bank rose 9.80% to Rs 99.15. It was the fifth biggest gainer in 'A' group.