Jaiprakash Associates, Tata Power, Jindal Steel & Power and Sobha Developer are among the other gainers.
Gujarat state controlled Gujarat Mineral Development Corporation (GMDC) surged 20% to Rs 1,632.60 and it topped gainers in the BSE’s A group shares. Earlier on 8 October 2007, the company's shareholders had approved proposal to split each share of Rs 10 each into five equity shares of Rs 2 each.
Diversified firm Jaiprakash Associates spurted 12.93% to Rs 1,288.30. It came second among top gainers in A group. The company will announce Q2 September 2007 results on 15 October 2007.
Power generator and distributor Tata Power soared 11.43% to Rs 1,089.65 and it stood third among top gainers in A group. The company will announced Q2 results on 30 October 2007.
Sponge iron maker Jindal Steel & Power moved up 10.61% to Rs 7414.50. It was the fourth biggest gainer in A group.
Real-estate developer Sobha Developer rose 10.10% to Rs 983.55 and it came fifth among top gainers in A group. As per reports, the company has bagged a real-estate project worth Rs 6400 crore at Hyderabad. The project will be jointly developed with Reliance Energy and Andhra Pradesh Industrial Infrastructure Corporation. Sobha will hold 23% in the project.