Bhel Reaches All-Time High With Large Order On Its Back

Bharat Heavy Electricals LimitedOn securing a Rs 1,829-crore order today, Bharat Heavy Electricals galloped about 8.61% to Rs 1,790.

Nearly 3.06 lakh shares had traded on the BSE counter.

In intra-day trade today, the Bharat Heavy Electricals (Bhel) stock also struck an record high of Rs 1,798 after it secured a Rs 1,829-crore order for fabricating and establishing three 500-MW thermal power units in Haryana.

Weak Q1 Result Turns Cipla Down

Cipla dippedCipla 4.4% to Rs 192 after declaring a 30% fall in net earnings for the first quarter ended June 30, 2007.

The stock hit an intraday low of Rs 191.70 and an intraday high of Rs 199.85 during the day.

The scrip turned down on high volume of 21.1 lakh shares on the BSE counter.

The company recorded a 30% fall in its net profit to Rs 120 crore in Q1 June 2007 as against in the corresponding period (Q1 June 2006) of the last year.

Ansari Files Papers For Vice Presidential Elections

New Delhi: Mohammad Hamid AnsariUPA-left applicant Hamid Ansari has filed his papers

Adequate Q1 Performance Encourages UBI Stock Value

Union Bank Of IndiaUnion Bank of India advanced 4% to Rs 155.15 in afternoon trading after declaring a 35% increase in net profit in Q1 June 2007. The results were declared during trading hours today, 23 July 2007.

In BSE’s ‘A’ group shares, it was placed on the ninth position.

Peres Congratulates Pratibha On Her Victory

Pratibha PatilJerusalem: Israel’s recently appointed President Shimon Peres has complimented freshly elected Indian President Pratibha Patil on her victory.

Peres also stated his country’s desire to fortify bilateral ties with New Delhi.

Peres phoned Ms. Patil last afternoon to congratulate her on becoming the first woman Indian President.

July Print Edition Preview : Fourth Edition for July

This July, as the Indian Stock Markets witness high voumes and higher
Price to Earnings Ratio, our team finds the best picks for you. BSE

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