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Jaiprakash Associates leads gainers on BSE's 'A' group

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Capital Market
Last Updated : Jan 19 2017 | 12:01 AM IST

Gujarat State Petronet, United Spirits, Tata Elxsi and Shriram City Union Finance are among the other gainers in the BSE's 'A' group today, 18 January 2017.

Jaiprakash Associates rose 6.82% at Rs 10.34. The stock topped the gainers in 'A' group. On the BSE, 50.41 lakh shares were traded on the counter so far as against the average daily volumes of 61.86 lakh shares in the past two weeks.

Gujarat State Petronet rose 5.55% at Rs 153.10. The stock was the second biggest gainer in 'A' group. On the BSE, 1.95 lakh shares were traded on the counter so far as against the average daily volumes of 40,000 shares in the past two weeks.

United Spirits rose 5.78% at Rs 2,200. The stock was the third biggest gainer in 'A' group. On the BSE, 1.93 lakh shares were traded on the counter so far as against the average daily volumes of 28,000 shares in the past two weeks. The stock rose on reports Diageo Plc is considering increasing its majority stake in United Spirits. Relay B.V., an indirect wholly-owned subsidiary of Diageo Plc, holds 54.78% stake in United Spirits (as per the shareholding pattern as on 31 December 2016). Under Indian stock market regulations, Diageo could raise its stake to just under 75% without triggering a delisting offer.

Tata Elxsi rose 5.66% at Rs 1,503.80. The stock was the fourth biggest gainer in 'A' group. On the BSE, 3.31 lakh shares were traded on the counter so far as against the average daily volumes of 62,000 shares in the past two weeks. The stock rose on reports that the company was looking to test a driverless car on the roads of Bangalore.

Shriram City Union Finance rose 4.98% at Rs 1,944.35. The stock was the fifth biggest gainer in 'A' group. On the BSE, 2,556 shares were traded on the counter so far as against the average daily volumes of 30,000 shares in the past two weeks.

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First Published: Jan 18 2017 | 12:49 PM IST

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