India Movers: Bank of Baroda, Cummins, Kirloskar, SAIL

Mukesh Buch
28 Oct, 2010
New York City

Stock in Mumbai fell. Bank of Baroda rose 3% on net profit. Cummins India surged 4.8% after net profit increased 91.4%. Kirloskar Brothers slumped 3.7% after net tumbled 89%. Steel Authority of India Limited declined 4.6% and profit tumbled 34.5%.

[R]6:00 PM Mumbai – Stock in Mumbai fell. Bank of Baroda rose 3% on net profit. Cummins India surged 4.8% after net profit increased 91.4%. Kirloskar Brothers slumped 3.7% after net tumbled 89%. Steel Authority of India Limited declined 4.6% and profit tumbled 34.5%.[/R]

The BSE Sensex fell 0.13% or 25.24 to close at 19,980.13. The CNX Nifty on the 5ational Stock Exchange declined 24.95 to close at 5,987.70.

Gainers & Losers

Atlas Copco (India) Limited surged 11.5% to Rs 1,868.10 after the compressor maker reports the company will announce a buyback of shares.

Andhra Bank plunged 6.2% to Rs 175.30 after second quarter net profit rose 10.59% to Rs 302.97 crore.

Bank of Baroda gained 3% to Rs 1,010.80 after second quarter net profit spurted 60.73% to Rs 1,019.30 crore.

Bharat Petroleum Corporation Limited rose 2.6% to Rs 722.55 after the consortium with the company discovered hydrocarbon in ultra-deep water of Sergipe-Alagos Basin, in Brazil.

Bata India Limited increased 2.4% to Rs 345.85 after the footwear and accessory maker said third quarter net profit soared 57.57% to Rs 20.72 crore.

Bharat Gears Limited declined 14.4% to Rs 70.85 gear component maker reported second quarter net profit tumbled 41.04% to Rs 1.58 crore.

BGR Energy Systems Limited rose 0.4% to Rs 767.10 after the engineering construction company net profit extended 154% to Rs 77.76 crore.

Cummins India Limited surged 4.8% to Rs 776.25 after the manufacturer of diesel engines said second quarter net profit increased 91.35% to Rs 167.89 crore.

Carborundum Universal Limited soared 4.2% to Rs 254.25 after the industrial ceramic maker reported second quarter consolidated net profit surged 55.3% to Rs 41.11 crore.

Everest Kanto Cylinder Limited fell 1.8% to Rs 128.70 after the CNG cylinder maker reported second quarter consolidated net profit of Rs 24.65 crore compared to net loss of Rs 5.41 crore from a year ago.

Everonn Education Limited decreased 2.1% to Rs 667.00 after the education and training institutes said second quarter consolidated net profit rose 32% to Rs 15.55 crore.

Gujarat State Petronet Limited plunged 4.5% to Rs 112.60 after the gas transmission company said second quarter net profit declined 16.85% to Rs 91.51 crore.

GEI Industrial Systems Ltd surged 10.2% to Rs 204.75 after the heat exchanger maker reported second quarter net profit increased 90.05% to Rs 7.64 crore.

Hindustan Oil Exploration Company Limited soared 5.5% to Rs 265.35 after the exploration company second quarter net profit was Rs 14.57 crore compared to net loss of Rs 1.76 crore from a year ago.

Hindustan Copper Limited gained 0.3% to Rs 441.00 after the refined copper maker reported second quarter net profit soared 272.25% to Rs 56.21 crore.

Hexaware Technologies Limited rose 0.7% to Rs 86.65 after the outsourcing service provider said third quarter consolidated net profit rose 191.88% to Rs 42.03 crore.

Hi-Tech Gears Limited rose 0.4% to Rs 268.95 after the gears and transmission said company''s board approved the issue of bonus shares in the ratio of 1:1.

IRB Infrastructure Developers Limited gained 1.1% to Rs 266.00 after the infrastructure developer said second quarter consolidated net profit surged 39.95% to Rs 99.10 crore.

Kewal Kiran Clothing Limited soared 6.4% to Rs 555.60 after the apparels and accessories maker reported second quarter net profit surged 30.9% to Rs 15.01 crore.

Kirloskar Brothers Limited slumped 3.7% to Rs 224.45 after the centrifugal pump maker said second quarter net profit fell 41.19% to Rs 19.49 crore.

Prism Cement Limited fell 0.3% to Rs 59.75 after the cement maker reported second quarter net profit tumbled 88.9% to Rs 4.60 crore.

Rane Holdings Limited surged 20% to Rs 328.25 after the automotive component maker said second quarter consolidated net profit increased 189.1% to Rs 32.32 crore.

Steel Authority of India Limited declined 4.6% to Rs 202.70 after the steel maker reported second quarter net profit tumbled 34.47% to Rs 1090.01 crore.

Thermax Ltd surged 6.7% to Rs 849.65 after the boiler and heater maker said second quarter net profit surged 65.4% to Rs 89.53 crore.