Buzzing Stocks

Nirma Declines On Quarterly Net Loss

Nirma Ltd.Today, Nirma Ltd touched a low of Rs 181 after the soaps and detergents maker posted an unaudited net loss of Rs 93.45 crore for the March quarter.
For the year-ago quarter, the company had recorded a net profit of 95.17 crore on an unaudited basis. The shares are now trading 3.5 per cent lower at Rs 186.55.

AIA Engineering At 52-Week High

AIA Engineering LimitedToday, AIA Engineering has touched its 52-week high of Rs 1,718. At 12:31 pm, the share is trading at Rs 1,685.50, up Rs 83.95, or 5.24%.
The scrip is trading with volumes of 95,302 shares. Yesterday the share closed after gaining 0.20% or Rs 3.20 at Rs 1,601.55.

No Impact Of JV Deal On Sail Stock Value

In early tradeSteel Authority of India, Steel Authority of India was trading nearly flat at Rs 133.10 after it signed up an memorandum of understanding (MoU) with Manganese Ore India to form a joint venture to manufacture ferro-manganese and silico-manganese.
During the day, the scrip touched a high of Rs 134 and a low of Rs 132.70. The scrip has had its 52-week high of Rs 149.95 on 28 May 2007 and a 52-week low of Rs 64.25 on 24 July 2006.

Jai Parabolic Springs Advances On Merger Approval

Jai Parabolic Jai Parabolic Springs Ltd.Springs Ltd. climbed up by its maximum daily limit of 5 percent to 29.50 rupees as the board okayed its merger deal with Jamna Auto Industries. The company made the declaration in trading hours. The scrip had touched its intraday low of Rs 28 during the day.
Today, about 16,712 shares were traded in the scrip. In the past one quarter, the stock had an average daily volume of 11,212 shares. At its existing price of Rs 29.50, the scrip trades at a PE multiple of 10.13, based on year ended March 2007 EPS of Rs 2.91.

FDC Heads Gainers In ‘A’ Group

Novartis IndiaBombay Stock Exchange was the top gainer from A group shares on BSE today. It soared up 14.42% to Rs 398.30. Titan Industries, GMDC, GMR Infrastructure and RPL are among the other gainers.
In the year ended March 2007, the company’s net profit slumped 17.93% to Rs 88.55 crore as compared to Rs 107.89 crore in March 2006. The total sales mounted 3.10% to Rs 542.24 crore in the year ended March 2007 versus Rs 525.92 crore in its corresponding period, last year. The company announced the FY 2007 results on 11 May 2007.

Kajaria Ceramics Up On Large Volume

Kajaria Ceramics Ltd.In early trade, Kajaria Ceramics is quoting at Rs 35.70, up

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