Movers & Shakers
Movers & Shakers
Suzlon (19% down)
Suzlon stock fell 19% on a Wall Street Journal report that its prototype for blades was rejected by REpower.
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Arvind Mills (16.8% up)
Arvind Mills stock surged 16.8% on a Newswire18 report that the firm will issue at least 30 million warrants to promoters.
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Tata Motors (14% down)
After its recent run-up, Tata Motors stock slid 14% to Rs241.45 on the National Stock Exchange as traders booked profit.
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Gitanjali Gems (15.8% up)
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Gitanjali Gems stock was up 15.8%; the firm will start buying back shares at a maximum of Rs120 per share from April 17.
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Unitech (10% down)
Unitech’s stock fell 10% on a CNBC-TV18 report that it plans to raise up to $400 mn through sale of shares.
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Shriram Transport (13.9% up)
Shriram Transport stock rallied 13.9% after CNBC-TV18 reported that its AUMs grew by ₹ 4000cr in FY09 to ₹ 23000cr
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RCom (5.2% down)
Rel Comm stock was down 5.2% after the firm told CNBC-TV18 Impact that it does not expect a big jump in phone minutes of usage.
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Jet Airways (10.9% down)
Jet Airways stock slipped 10.9% on concerns of ATF prices moving up and tight liquidity position.
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Hotel Leela (8.8% down)
Hotel Leela’s stock was down 8.8% after the firm told CNBC-TV18 that average room rates have dipped to Rs12,500 from Rs16,000.
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RNRL (8.7% down)
RNRL stock fell 8.7% on long unwinding pressure in the futures and options market where 32 lakh shares were sold.
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