Thursday, September 27, 2007

MIRC Electronics leads gainers in 'A' group

Small-cap consumer durables maker MIRC Electronics surged 19.83% to Rs 21.75 and it topped gainers in the BSE’s A group shares.

Ready-to-wear apparel maker Arvind Mills jumped 14.46% to Rs 59.75. It was the second biggest gainer in A group. Its board will meet on 28 September 2007 to consider raising funds through various means.

ONGC’s subsidiary Mangalore Refinery & Petrochemicals spurted 13.75% to Rs 74.20 and came third among top gainers in A group. Earlier on 5 September 2007, the company had signed a 4-year product supply pact with Shell India Marketing.

Public sector undertaking HMT moved up 7.69% to Rs 69.30. It came fourth among top gainers in A group. Earlier this month, the company launched a 2 cylinder, 25 horse power (HP) tractor. The tractor model was designed exclusively, keeping the requirements of Andhra Pradesh farmers in view.

Gujarat-based power generation firm Gujarat Industries Power Company gained 7.02% to Rs 89.15 and came fifth among top gainers in A group.

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