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Jain Irrigation Systems has gained today. It touched an intraday high of Rs 178 and an intraday low of Rs 158.10. At 12:34 hrs the share was quoting at Rs 171.90, up Rs 14.40, or 9.14%.
Intrasoft Technologies at their meeting held on February 01, 2011 has declared payment of interim dividend at Re 1 i:e 10% on paid up equity shares.
Eicher Motors touched an intraday high of Rs 1,125 and an intraday low of Rs 1,010. At 12:32 hrs the share was quoting at Rs 1,092, up Rs 85.85, or 8.53%.
China will fight to control inflation and crack down on property speculators in the year ahead, state media on Wednesday quoted Premier Wen Jiabao as saying, as the country readied to welcome the Year of the Rabbit.
The benchmark Nifty was still holding the 5450 level amid a tight range of 5450-5488 since morning. Heavyweights like Reliance Industries, TCS, ONGC, Infosys, ICICI Bank, Bharti Airtel and Wipro were helping indices in today's smart recovery - gained 1.5-3.5% at 12:18 hours.
Kavveri Telecom Products is going to allot 1 million convertible warrants to promoters, reports CNBC-TV18. It touched an intraday high of Rs 119.70 and an intraday low of Rs 115. At 12:13 hrs the share was quoting at Rs 117.45, up Rs 4.60, or 4.08%.
India could grow at 8.5-8.7% in fiscal year 2011—that’s the word from finance minister Pranab Mukherjee. Further he said the rise in crude oil prices though is a matter of concern for India, but, is confident of handling the spurt in rates.
Roche more cautious on 2011 on healthcare reforms
Australia's Whitehaven Coal expects to receive non-binding offers from Chinese, Indian and Korean parties but several potential suitors have dropped out of the process as bidders raise concern about price, sources said on Wednesday.
Infinite Comp Solution Q3 consolidated net profit was up at Rs 27 crore versus Rs 25.6 crore, quarter-on-quarter, QoQ.
Reliance Industries touched an intraday high of Rs 924.80 and an intraday low of Rs 907.30. At 12:02 hrs the share was quoting at Rs 922.30, up Rs 26.80, or 2.99%.
Tata Motors was among major gainers on the Sensex. It touched an intraday high of Rs 1,109.50 and an intraday low of Rs 1,079. At 12:04 hrs the share was quoting at Rs 1,101.40, up Rs 32.60, or 3.05%.
Boutique investment bank Equirus Capital has roped in Vineet Toshniwal as director to lead the i-banking practice areas of engineering, discrete manufacturing and services. With this senior level recruitment, Equirus is looking at strengthening its presence in South and start building business in North, it said in a statement.
Firstcall Research is bullish on Indraprastha Gas and has recommended buy rating on the stock with a target of Rs 345 in its January 31, 2011 research report.
India's top cigarette maker ITC Ltd, which also makes packaged food, consumer goods and runs hotels, plans to raise packaged food prices by 7% to 8% going forward, the chief executive of food business said on Wednesday
PINC Research is bullish on Consolidated Construction Consortium and has recommended buy rating on the stock with a target of Rs 62 in its January 31, 2011 research report.
Liquidity Adjustment Facility : Auction Results
Tata Consultancy Services (TCS) touched an intraday high of Rs 1,193.40 and an intraday low of Rs 1,159. At 11:40 hrs the share was quoting at Rs 1,190.80, up Rs 40.45, or 3.52%.
Underwriting Auctions for Government securities
India's leading private carrier and Naresh Goyal-owned Jet Airways is set to report profit after tax of Rs 450 crore, a growth of 4 times as compared to Rs 105 crore in same period the previous quarter and seen up significantly from Rs 12.5 crore in previous quarter.
India's largest two-wheeler maker Hero Honda is set to report profit after tax of Rs 563 crore, up 5.2% as compared to Rs 535 crore in same quarter the previous year.
Burnpur Cement board has allotted 2 crore convertible warrants at Rs 12 to promoters, reports CNBC-TV18. It touched an intraday high of Rs 9.25 and an intraday low of Rs 8.30. At 11:27 hrs the share was quoting at Rs 9.25, up Rs 0.87, or 10.38%.
Karvy Stock Broking has maintained an outperformer rating on HDFC Bank with a target of Rs 2413 in its January 28, 2010 research report.
Angel Broking is bearish on Marico and has recommended reduce rating on the stock with a target of Rs 119 in its January 27, 2011 research report.
ITC is looking to raise packed food prices by 7-8%, quoting Agencies, reports CNBC-TV18. It touched an intraday high of Rs 161.50 and an intraday low of Rs 157.90. At 11:14 hrs the share was quoting at Rs 161.05, up Rs 1.75, or 1.10%.
