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Bajaj Finserv leads gainers in 'A' group

Capital Market / 16:24 , Feb 03, 2012

Tata Global Beverages, CESC, Sintex Industries and JSW Ispat are among the other gainers

Bajaj Finserv vaulted 8.81% to Rs 495.05 and topped the gainers in the BSE's 'A' group. The company reported strong Q3 December 2011 results during market hours on 19 January 2012. On a consolidated basis, net profit rose 59.3% to Rs 170.06 crore on 55.2% rise in total income to Rs 825.57 crore in Q3 December 2011 over Q3 December 2010.

Tata Global Beverages surged 8.27% to Rs 119.15, extending seven-day 19.32% advance, and was the second biggest gainer in 'A' group. The stock surged after the company early this week said it has entered into a 50:50 joint venture with Starbucks Coffee Company to open Starbucks cafés across India.

CESC spurted 6.86% to Rs 269.45 and was the third biggest gainer in 'A' group. The company declares its Q3 results on 13 February 2012. The stock had outperformed the market over the past one month till 2 February 2012, rising 24.27% compared with the Sensex's rise of 12.33%. The scrip, however, underperformed the market in past one quarter, falling 7.26% as against 0.19% decline in the Sensex

Sintex Industries gained 6.57% to Rs 98.10 and was fourth biggest gainer in 'A' group. Foreign fund Emerging Markets Management Llc. A/C Emsaf (Mauritius) bought 16.07 lakh shares of the company at Rs 90.90 per share in a bulk deal on the NSE on Thursday, 2 February 2012.

JSW Ispat advanced 6.15% to Rs 14.15 and was fifth biggest gainer in 'A' group. The company declares its Q3 results on 8 February 2012. The stock had outperformed the market over the past one month till 2 February 2012, rising 42.41% compared with the Sensex's rise of 12.33%. The scrip, however, underperformed the market in past one quarter, falling 0.45% as against 0.19% decline in the Sensex

 



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