Monday, May 26, 2008

Spice Communications leads gainers in `A` group

Spice Communications soared 8.94% to Rs 48.75. It was the top gainer from BSE`s A group shares. As per recent reports, UAE`s Emirates Telecommunications (Etisalat) is in talks with Spice Communications for a possible investment in the firm.

GTL Infrastructure advanced 5.51% to Rs 52.70. It was the second biggest gainer in A group. As per reports earlier this month, GTL Infrastructure acquired Essar Group`s tower company Essar Telecom Infrastructure (ETIPL) for an estimated $1.5 billion (Rs 6,000 crore).

Glaxosmithkline Pharma jumped 5.27% to Rs 1130.35. It was the third biggest gainer in A group. On 14 May 2008, the company signed a co-promotion agreement with Daiichi Sankyo India Pharma (DSIN), the Indian subsidiary of Japanese pharmaceuticals major Daiichi Sankyo Company, to market an anti-hypertension drug and its combination products in India.

Sun Pharmaceuticals galloped 3.92% to Rs 1379. It was the fourth biggest gainer in A group.

Infosys Technologies rose 3.29% to Rs 1886.40. It was the fifth biggest gainer in A group.

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