Saturday, October 6, 2007

iGate Global Solutions leads gainers in 'A' group

Software firm iGate Global Solutions soared 10.01% to Rs 240.75 and it topped the gainers in the BSE's A group shares. The company will announce its Q2 September 2007 results on 10 October 2007.
 
Commodities trading firm Adani Enterprises jumped 9.26% to Rs 705.90. It was the second biggest gainer in A group. As per recent reports, the Adani group would invest over Rs 10,000 crore to set up a 2,640-mega watts (MW) coal-fired power plant in Ahmedabad. The project is being handled by Adani Power (APL), a wholly-owned subsidiary of Adani Enterprises.
 
Engineering firm Larsen and Toubro moved up 6.66% to Rs 3089.25 and came third among top gainers in A group. Global rating agency Moody's on Thursday, 4 October 2007 assigned 'Baa2', a medium grade rating, to the company with a stable outlook, on the basis of its strong financial profile and liquidity position.
 
Integrated steel maker Ispat Industries gained 6.33% to Rs 31.90. It came fourth among top gainers in A group.
 
The mid-cap real estate developer Puravankara Projects rose 3.58% to Rs 460.40 and came fifth among top gainers in A group.

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