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Chambal Fertilisers and Chemicals leads gainers in ‘A’ group

This article was posted on Aug 14, 2007 and is filed under Press Releases

Bongaigaon Refinery & Petrochemicals, Housing Development and Infrastructure, Gujarat Industries Power Company, CMC are among the other gainers.

Chambal Fertilisers and Chemicals (CFCL) moved up 6.52% to Rs 35.95 and it topped gainers in BSE’s A group shares. CFCL’s net profit rose 65.93% to Rs 61.71 crore on an 11.72% increase in sales to Rs 595.11 crore in Q1 June 2007 over Q1 June 2006. The company declared the results on 25 July 2007.

Bongaigaon Refinery & Petrochemicals (BRPL) gained 5.54% to Rs 55.20. It ranked second among the top gainers in A group.

Housing Development and Infrastructure (HDIL) flared up 4.64% to Rs 544.85 and was third among the top gainers in the A group. On 6 August 2007, it was reported that the firm is planning to form a joint venture to develop a 1.2-million square feet property at Pune.

Gujarat Industries Power Company jumped 4.60% to Rs 65.90. It was the fourth biggest gainer in the A group.

CMC rose 4.28% to Rs 1072.15 and ranked fifth among the top gainers in the A group. Its net profit rose 13.14% to Rs 22.12 crore on an 13.69% decline in sales to Rs 215.47 crore in Q1 June 2007 over Q4 March 2007. The company declared result on 13 July 2007.

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