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Monday, October 05, 2009

Koutons Retail India leads gainers in 'A' group


Apparel retailer Koutons Retail India spurted 13.70% to Rs 379.30. The stock topped the gainers in the BSE's 'A' group. Last month, some reports had suggested that the company is looking to raise Rs 120 crore to Rs Rs 150 crore by the end of December 2009 through a share sale to fund expansion and reduce debt.

India's largest listed air carrier by market capitalisation Jet Airways India jumped 12.88% to Rs 377.60. The stock was the second biggest gainer in 'A' group.

Television broadcaster Zee Entertainment Enterprises advanced 4.01% to Rs 247.70. The stock was the third biggest gainer in 'A' group.

Public sector defense equipment maker Bharat Electronics climbed 3.82% to Rs 1,628. The stock was the fourth biggest gainer in 'A' group.

Drug maker Lupin rose 2.88% to Rs 1,169.75. The stock was the fifth biggest gainer in 'A' group. The company, last month, acquired the rights for Antara, a drug to treat high blood cholesterol and high triglycerides, for $38.61 million from US-based Oscient Pharmaceuticals.