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Wednesday, November 08, 2006

Sharekhan Movers & Shakers


* Satra Properties rallied sharply on reports that it has signed a MOU for the acquisition of property at Calicut, Kerala.
* ICSA India declined despite bagging an order worth Rs17.65 crore from Kerala State Electricity Board.
* Mazda slipped despite reports that the company has bagged an order from Inertia Iron & Steel worth Rs59 lakh.
* HOEC inched lower despite reports that it has entered into a $100 million loan agreement with a consortium of banks.
* KPIT Cummins ended lower despite announcing a 1:1 bonus and a 5:2 stock split.
* IDFC, which announced that it has entered into a MOU with Bank of India and Union Bank of India for financing of infrastructure projects, ended with losses.