India Hot Stocks: Unity Infra rises on order win

Mon Nov 2, 2009 11:57pm EST
 
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(Adds Unity Infra)

MUMBAI, Nov 3 (Reuters) - The following stocks were on the move at the BSE on Tuesday.

At 10:26 a.m., the benchmark 30-share BSE index .BSESN was down 0.56 percent at 15,807.32 points.

The 50-share National Stock Exchange Index was down 0.69 percent at 4,679.05 points.

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* Unity Infraprojects Ltd (UTIL.BO) rose as much as 5.83 percent to 465.65 rupees after the firm said on Tuesday a joint venture with IVRCL Infrastructure & Projects Ltd (IVRC.BO) won a contract worth 11.46 billion rupees for the construction of a tunnel in Mumbai.

Shares of Unity Infra were up 4.08 percent at 457.95 rupees and IVRCL were down 1.25 percent at 343.6 rupees.

(10.23 a.m.)

(nandita.bose@thomsonreuters.com)

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* Wind turbine maker Suzlon Energy (SUZL.BO) fell as much as 8.67 percent to 61.1 rupees after its July-September loss widened to 3.56 billion rupees from 0.23 billion rupees. [ID:nBOM535009]

Shares were down 8.3 percent at 61.35 rupees.

(10.04 a.m.)

(nandita.bose@thomsonreuters.com)

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* Reliance Communications (RLCM.BO) fell as much as 7.79 percent to 162.25 rupees its quarterly net profit fell more than half to 7.40 billion rupees as network expansion costs, derivative losses and low-paying users weighed. [ID:nDEL128465]  Continued...

 

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