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Axis Bank zoomed by 18%, Punjab National Bank shot up 20% and Shree Renuka Sugars jumped by 15%; Petronet gained on the back of its ambitious plans
Gainers: Petronet LNG has tied up with Gorgon Project, Australia, for the supply of 1.5 million tonnes of fuel annually for the next 20 years starting 2014. Petronet will import this fuel at its Kochi terminal which is under construction. After...
IDFC, ICICI and Axis Bank surged as did L&T, Financial Technologies and Reliance Industries. Despite improvement in steel outlook, Jindal Steel & Power declined
Gainers: Among the A-grade stocks, Infrastructure Development Finance Co and ICICI Bank emerged as the top performers during the fortnight, up over 20% each. ICICI Bank has entered into an agreement with Visa that will enable its New...
There were more losers than gainers amongst our momentum stocks. Nestle doubling its investment was the only good news in an otherwise bleak scenario.
Among the momentum stocks, three of our A-grade stocks have fared well. Hero Honda, up 8%, remained the top performer during the fortnight. Hindustan Unilever went up 5%; Kohinoor Foods remained flat.
Among the worst...