3.44 crore shares were traded in Tata Teleservices (Maharashtra) counter on BSE today. The scrip topped volumes on BSE. The share price rose 8.48% to Rs 31.35.
The derivative contracts in Tata Teleservices (Maharashtra) underlying are currently in the ban period on NSE as it has crossed 95% of the market-wide position limit.
Tata Teleservices (Maharashtra) reported a net loss of Rs 28.43 crore in Q1 June 2007 as against net loss of Rs 112.59 in Q1 June 2006. Sales rose 21.47% to Rs 393.34 crore in Q1 June 2007 over Q1 June 2006. The results were announced on 30 July 2007.
Mascon Global clocked the second highest volume of 84.38 lakh shares on BSE. The share price rose 2.62% to Rs 13.71.
Mascon Global reported a net loss of Rs Rs 7.44 crore in Q1 June 2007 as against net profit of Rs 6.61 crore in Q1 June 2006. Sales rose 30.18% to Rs 33.73 crore in Q1 June 2007 over Q1 June 2006. The results were announced on 30 July 2007.
IFCI clocked the third highest volume of 77.74 lakh shares on BSE. The share price rose 0.81% to Rs 62.10.
The derivative contracts in IFCI underlying are currently in the ban period on NSE as it has crossed 95% of the market-wide position limit.
The Delhi-based financial institution on 14 August 2007 invited expression of interest (EoI) from domestic and foreign investors to buy a 26% stake. The deadline for submitting EoI is 14 September 2007. It will follow a two-stage process for the selection of a strategic investor by end January 2008.
IFCI announced on 6 August 2007 that the board of directors of the company at its meeting held on 4 August 2007, has approved inviting of expression of interest from strategic investors. The stock has surged since the beginning of this month on the back of reports that Citigroup, Lehman Brothers, BNP Paribas, Deutsche Bank and Barclays are interested in buying 26% in the financial services firm.
Reserve Bank of India said on 7 August 2007 that foreign funds can no longer invest in state-run IFCI without the bank's permission, as these investments had reached the 22% limit.
Hindustan Motors clocked the fourth highest volume of 59.60 lakh shares on BSE. The share price hit 20% upper circuit of Rs 29.75.
As per reports, Hindustan Motors plans to launch premium sports utility vehicles (SUVs) from the Mitsubishi stable in the price range of Rs 15-25 lakh within six months. The decision follows a surge in sales of Mitsubishi's Pajero and Montero models during 2006-07 (Apr-Mar).
Hindustan Motors reported a net loss of Rs 9.15 crore in Q1 June 2007 as against net loss of Rs 20.54 crore in Q1 June 2006. Sales declined 0.90% to Rs 140.20 in Q1 June 2007 over Q1 June 2006. The results were announced on 25 July 2007.
Nagarjuna Fertilizers & Chemicals clocked the fifth highest volume of 55.45 lakh shares on BSE. The share price declined 1.17% to Rs 33.70.
The derivative contracts in Nagarjuna Fertilizers & Chemicals underlying are currently in the ban period on NSE as it has crossed 95% of the market-wide position limit.
Net profit of Nagarjuna Fertilizers & Chemicals declined 7.02% to Rs 7.15 crore on 2.18% rise in sales to Rs 300.30 crore in sales in Q1 June 2007 over Q1 June 2006. The results were announced on 27 July 2007.
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