Sun TV Network leads gainers in 'A' group

Titan Industries, MMTC, United Breweries and United Phosphorus are among the other gainers. Sun TV Network surged 5.12% to Rs 301 and topped the gainers in the BSE's 'A' group. The stock rose on volume of 1.39 lakh shares, higher than an average daily volume of 49,000 shares in the past two weeks. The stock had underperformed the market over the past one month until 30 April 2012, falling 8.54% compared with the Sensex's 0.49% fall. The scrip also underperformed the market in past one quarter, falling 1.55% as against 2.70% rise in the Sensex. Titan Industries gained 4.25% to Rs 242.85 after net profit jumped 72.2% to Rs 144.28 crore on 28.3% growth in net sales to Rs 2281.42 crore in Q4 March 2012 over Q4 March 2011. It and was second biggest gainer in 'A' group. The company announced the results after market hours on Monday, 30 April 2012. Stock market remained closed on Tuesday, 1 May 2012, on account of Maharashtra Day. Titan Industries' net profit rose 39.4% to Rs 600.15 crore on 35.5% growth in net sales to Rs 8838.38 crore in the year ended 31 March 2012 over the year ended 31 March 2011. Consolidated net profit rose 38.8% to Rs 601.36 crore on 35.4% growth in net sales to Rs 8848.43 crore in the year ended 31 March 2012 over the year ended 31 March 2011. MMTC advanced 3.60% to Rs 804.90, extending two-day 14.94% surge. The stock rose on volume of 3.13 lakh shares, sharply higher against an average daily volume of 31,000 shares in the past two weeks. It was third biggest gainer in 'A' group. The stock had underperformed the market over the past one month until 30 April 2012, falling 0.83% compared with the Sensex's 0.49% fall. The scrip also underperformed the market in past one quarter, falling 10.74% as against 2.70% rise in the Sensex. United Breweries gained 3.60% to Rs 555.20 and was fourth biggest gainer in 'A' group. The stock rose on volume of 1.20 lakh shares, higher than an average daily volume of 23,000 shares in the past two weeks. The stock had underperformed the market over the past one month until 30 April 2012, falling 0.97% compared with the Sensex's 0.49% fall. The scrip, however, outperformed the market in past one quarter, advancing 30.41% as against 2.70% rise in the Sensex. United Phosphorus rose 3.19% to Rs 119.75 after the company said its board of directors will meet on 7 May 2012 to consider share buyback proposal. The company made this announcement after market hours on Monday, 30 April 2012. Stock market remained closed on Tuesday, 1 May 2012, on account of Maharashtra Day. It was fifth biggest gainer in 'A' group.