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SUNDAY, NOVEMBER 22, 2009

BEML (4.88% down)

The shares of BEML Ltd ended down 4.88% on profit-booking after the railway budget. The stock had previously gained 38% from Rs810 to Rs1,114 in the last 10 days. On Friday, the stock ended at Rs1,031 on the National Stock Exchange.

RNRL (6.84% up)

The Reliance Natural Resources Ltd (RNRL) stock gained 6.84% after RNRL counsel said that the firm has filed a special leave petition in the apex court on Friday. The petition will come up for hearing early next week.

Meghmani (10.34% up)

The Meghmani Organics Ltd stock gained 10.34% for the second day running ahead of the budget. The industry expects the excise duty on pesticides to be reduced to 4% from the current level of 8%. It also seeks cut in excise duty on furnace oil to 4% from the current 16%.

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