ABG Shipyard surged 6.88% to Rs 398.25. It topped gainers in BSE`s `A` group shares. The stock is one among the 39 stocks to be included for trading in the futures & options segment on the National Stock Exchange from tomorrow, 21 August 2008.
Engineers India gained 6.76% to Rs 623. It was the second biggest gainer in A group. On 25 July 2008, the company posted 33% rise in net profit to Rs 50.63 crore on 67.7% surge net sales to Rs 252.44 crore in Q1 June 2008 over Q1 June 2007.
India Infoline jumped 6.39% to Rs 146.50 and was the third biggest gainer among the BSE ‘A` group shares. On 8 July 2008, its subsidiary India Infoline Insurance Brokers received approval from Insurance Regulatory & Development Authority for insurance broking business.
Steel Authority of India advanced 5.53% to Rs 147.85. It was the fourth biggest gainer in A group.
Rashtriya Chemicals & Fertilisers soared 5.07% to Rs 68.35. It was the fifth biggest gainer in A group. Fertiliser stocks spurted on reports that the ministry of fertilisers has cleared Rs 22,000 crore in cash as fertiliser subsidy, reducing concerns of cash flow problems for the companies.
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