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Monday, October 09, 2006

Movers & Shakers


* Man Industries rallied sharply on securing international orders worth Rs600 crore.

* Mefcom Agro Industries hit the upper circuit breaker of 5% on acquiring a majority stake in Kamayani Patients (Care) India.

* Abbott India gained on reports that the company has decided to buy-back shares worth Rs52.47 crore from its shareholders.

* Dolphin Offshore Enterprises moved up on bagging a consortium order to execute the $32.19 million ONGC's BBBLRP project.

* Patel Engineering scaled up on winning orders worth Rs176 crore from RVNL.

* Silverline Technologies was locked at the upper limit of 5% on reports of the settlement of its previous dues through the sale and lease of its software technology park in Thane.

* Tricom India inched up on signing a MoU to acquire a service bureau in the USA.

* Classic Diamonds ended a tad lower despite entering into an arrangement with retail jewellers in the Saudi Arabian countries to market its necklaces priced below $20,000.

* i-flex Solutions eased marginally in spite of the company's Flexcube introducing Swiftnet Services Integrator that will address all SwiftNet requirements of banks.