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Monday, October 23, 2006

Sharekhan Movers & Shakers


  • Geojit Financial Services hit the upper circuit breaker of 10% on reports that the company will issue 7.96 crore shares on a preferential basis to BNP Paribas.
  • Sona Koyo Steering Systems gained on capital expenditure plans of Rs400 crore over the next 35 months.
  • Infosys, which has implemented SAP solutions for RFID for Chep's global track and trace system, ended with steep losses.
  • Ranbaxy slipped despite signing a marketing deal with the Debiopharm group of Switzerland.
  • Four Soft declined despite its UK subsidiary's proposal to acquire the freight and shipping business of FWL Technologies.