India Movers: Autoline, Jamna Auto, Lumax, Man, Rishi Laser

123jump.com Staff
12 Nov, 2010
New York City

Stock in Mumbai slumped. Autoline Industries gained 1.8% after net profit increased 115%. Jamna Auto Industries soared 10.6% after net profit surged 107%. Lumax Auto Technologies increased 4.1% after net profit gained 124.4%. Man Industries advanced 2.7% after net profit surged 710%.

[R]6:00 PM Mumbai – Stock in Mumbai slumped. Autoline Industries gained 1.8% after net profit increased 115%. Jamna Auto Industries soared 10.6% after net profit surged 107%. Lumax Auto Technologies increased 4.1% after net profit gained 124.4%. Man Industries advanced 2.7% after net profit surged 710%. Rishi Laser Limited slipped 2.3% and net profit rose 156%.[/R]

The BSE Sensex slumped 2.10% or 432.20 to close at 20,156.89. The CNX Nifty on the National Stock Exchange slipped 122.60 to close at 6,071.65.

Gainers & Losers

Autoline Industries Limited gained 1.8% to Rs 263.00 after the sheet metal and auto component maker said second quarter consolidated net profit spurted 114.87% to Rs 8.38 crore.

Bliss GVS Pharma Ltd. surged 5.2% to Rs 45.10 after the pharmaceutical company reported second quarter net profit rose 36.8% to Rs 18.81 crore

Bilpower Limited plunged 4.4% to Rs 189.55 after the electrical steel product maker said second quarter net profit declined 3.61% to Rs 2.40 crore.

Cipla Limited fell 0.6% to Rs 329.90.

HBL Power Systems Limited declined 6.2% to Rs 27.05 after the marketing agent of nickel batteries said second quarter net profit tumbled 91.5% to Rs 2.62 crore.

Jamna Auto Industries Limited soared 10.6% to Rs 155.00 after the multileaf spring maker reported second quarter consolidated net profit soared 107% to Rs 10.89 crore.

Lumax Auto Technologies Limited increased 4.1% to Rs 214.20 after the auto component maker said second quarter consolidated net profit jumped 124.4% to Rs 10.95 crore.

Lanco Infratech Limited slumped 3.9% to Rs 61.50 after the infrastructure developer reported second quarter consolidated net profit fell 42.52% to Rs 70.45 crore.

Man Industries (India) Limited advanced 2.7% to Rs 99.50 after the carbon steel line pipe industry reported second quarter net profit surged 709.87% to Rs 25.43 crore.

Navin Fluorine International Limited surged 6.3% to Rs 308.80 after the fluoro-chemical maker said it plans to buy back 3.38 lakh shares from existing investors at Rs 400 each.

NESCO Limited gained 4.2% to Rs 600.05 after the engineering company board approved a 10-for-1 stock-split.

Parsvnath Developers Limited declined 2% to Rs 64.20 after the commercial complex maker won bid for 38.3 acre land in New Delhi auctioned by Rail Land Development Authority for Rs 1,651 crore.

Ramsarup Industries Limited soared and locked at 4.9% to Rs 41.70 after the wire producer said its board will meet on November 14 to consider issue of shares on rights basis.

Rishi Laser Limited slipped 2.3% to Rs 80.60 after the sheet metal components and machine maker said second quarter net profit rose 156% to Rs 1.92 crore.

Shriram EPC Limited fell 0.3% to Rs 240.10 after the engineering construction company reported second quarter net profit jumped 58.9% to Rs 14.38 crore.

Suryachakra Power Corporation Ltd rose 0.9% to Rs 20.40 after the power generation board approved raising $25 million through external commercial borrowing by its overseas unit.

The India Cements Limited decreased 2.7% to Rs 116.30 after the cement maker reported second quarter net loss of Rs 33.63 crore compared to net profit of Rs 136.94 crore from a year ago.