India Movers: Bata India, Bosch, Jet Air, L&T, NTPC, Suzlon

Mukesh Buch
27 Feb, 2013
New York City

Bata India fourth quarter net climbed 13% and Bosch net declined 39%. Jet Airways surged 19% as the expectations of a deal with Etihad Airways rose. NTPC plan to invest $2.4 billion in power and mining plants. Suzlon Energy wins order for 102.9 mega watt project from ONGC.

[R]6:00 PM Mumbai – Bata India fourth quarter net climbed 13% and Bosch net declined 39%. Jet Airways surged 19% as the expectations of a deal with Etihad Airways rose. NTPC plan to invest $2.4 billion in power and mining plants. Suzlon Energy wins order for 102.9 mega watt project from ONGC.[/R]

The Sensex Index jumped 137.27 or 0.7% to close at 19,152.41 The CNX Nifty increased 35.55 to close at 5,796.90.

Gainers & Losers

ABG Shipyard Limited gained 2.4% to Rs 319.90 after the ABG International purchased 300,000 shares for Rs 10.13 crore in the open market on Tuesday.

Bata India Limited rose 1.9% to Rs 773.95 after net profit in the fourth quarter climbed 13% to Rs 50.91 crore.

Balkrishna Industries Limited slipped 1.5% to Rs 250.25 after net profit in the fourth quarter increased 2.1% to Rs 74.41 crore.

Bosch Limited slid 0.8% to Rs 8,821.50 after net profit in the fourth quarter declined 38.8% to Rs 172.05 crore.

Essar Shipping Limited surged 7.4% to Rs 22.55 after CLSA Mauritius Ltd sold shares in the company and in Essar Ports Limited worth Rs 33 crore.

Jet Airways (India) Limited soared 19.3% to Rs 534.85 after the reports the airline near a deal closure with Abu Dhabi based Etihad Airways.

Larsen & Toubro Limited jumped 3.2% to Rs 1,410.45 after securing new orders valued above Rs 1,504 crore in February.

NTPC Limited gained 1.9% to Rs 153.90 after the company''s board approved expansion projects of Rs 12,953.12 crore.

Suzlon Energy Limited surged 13.9% to Rs 24.25 after the company wins an order for a 102.9 mega watt project from Oil and Natural Gas Corporation Limited.

Steel Strips Wheels Limited fell 0.2% to Rs 163.15 after the company bags export order from Peugeot Citroen Group of France.

Vimal Oil & Foods Limited increased 1.6% to Rs 95 after the company invested Rs 12.48 crore in its subsidiary Vimal Dairy.