Our selected stocks from pharma to software to cement, all gained handsomely
Gainers: Nava Bharat Ventures (up 24%) gained the maximum. Lupin plans to invest Rs450 crore to accelerate growth. It will increase capacities in India to serve the global market. The stock surged 19%. Another pharma stock Unichem also shot up 14%. Axis Bank posted 34% and 47% growth in sales and operating income,...
The Budget spooked bank stocks on fears of higher government borrowing; PSUs like GAIL and SAIL did better
Gainers: Jain Irrigation has received a contract worth Rs158 crore from various Coca-Cola bottlers to supply mango pulp for the 2009-10 season from its two processing plants located in Jalgaon, Maharashtra and Chitoor, (Andhra Pradesh). The stock gained 15%. Gas Authority (GAIL) plans to...
Jain Irrigation and Gas Authority were among the surprising winners in a bleak fortnight
Gainers: Jain Irrigation Systems has received a contract worth of Rs158 crore to supply mango pulp to Coca-Cola plants for the 2009-10 season. The stock gained 15% on the news. GAIL (India) plans to raise Rs2,000 crore as a part of its new pipeline laying programme across the country. The stock surged...
