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Muthoot Finance leads gainers in 'A' group

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Capital Market
Last Updated : Nov 08 2013 | 11:57 PM IST

Wockhardt, Mangalore Refinery & Petrochemicals, National Aluminium Company and Bajaj Finance are among the other gainers.

Muthoot Finance spurted 10.05% to Rs 120.95 and topped the gainers in the BSE's 'A' group. The stock gained on volume of 6.5 lakh shares, higher than an average daily volume of 1.03 lakh shares in the past one quarter.

Wockhardt galloped 6.33% to Rs 500.25 and was second biggest gainer in 'A' group. The gains were triggered by the UK health regulator allowing Wockhardt's Kadaiya, Nani Daman facility to manufacture and supply most of the products approved to be produced at the unit. The announcement was made after market hours on Wednesday, 6 November 2013.

As a result the net impact on the annualised consolidated revenue is expected to be less than 1 million pounds, out of the total annual consolidated revenue of approximately 18 million pounds from the said facility, Wockhardt added. Last month, UKMHRA had imposed restrictions on import of medicines made at Wockhardt's Kadaiya unit for violation of norms.

Mangalore Refinery & Petrochemicals (MRPL) gained 3.95% to Rs 42.10 and was third biggest gainer in 'A' group. The stock gained on volume of 3.52 lakh shares, higher than an average daily volume of 97,810 shares in the past one quarter.

National Aluminium Company surged 3.66% to Rs 38.25 and was fourth biggest gainer in 'A' group. The company announces Q2 results on 11 November 2013.

Bajaj Finance rose 3.65% to Rs 1414.90 and was fifth biggest gainer in 'A' group.

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First Published: Nov 07 2013 | 4:27 PM IST

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