TV18 Broadcast, Tata Communications, MCX and Pipavav Defence & Offshore Engineering Company are among the other gainers.
Financial software maker Financial Technologies (India) (FTIL) surged 18.25% to Rs 217.40 after the Securities and Exchange Board of India on Wednesday, 11 September 2013, renewed the license of MCX Stock Exchange (MCX-SX) for a period of one year beginning 16 September 2013. The stock topped the gainers in the BSE's 'A' group.
FTIL holds a 26% stake in Multi Commodity Exchange of India. FTIL and Multi Commodity Exchange are the promoters of the MCX-SX stock exchange.
Media firm TV18 Broadcast spurted 12.54% to Rs 19.75. The stock was second biggest gainer in 'A' group.
Telecommunications company Tata Communications galloped 6.22% to Rs 179.25 after the company entered into a pact with PCCW Global, an operating division of HKT, Hong Kong's leading telecommunications service provider, to interconnect their IPX (IP-Exchange) communities. The stock was third biggest gainer in 'A' group.
Tata Communications said that the pact will enable IP communications services such as high-definition (HD) voice and HD video in various global markets. As 4G adoption continues to gather pace, this agreement further expands the global community of interconnected mobile network operators (MNOs) who will be able to capitalise on the latest technology innovations in mobile broadband, the company said. Tata Communications made the announcement during trading hours today, 12 September 2013.
Commodity exchange operator MCX jumped 4.89% to Rs 482.25. The stock was fourth biggest gainer in 'A' group.
Ship builder Pipavav Defence and Offshore Engineering Company climbed 4.80% to Rs 46.90, extending recent gains on bargain hunting after a recent slump in the share price. The stock was fifth biggest gainer in 'A' group.
The Pipavav Defence stock has risen 15.38% in three sessions from Rs 40.65 on 6 September 2013. The rise was triggered by bargain hunting after the stock slumped 38.17% in the preceding 16 trading sessions to Rs 40.65 on 6 September 2013 from a recent high of Rs 65.75 on 14 August 2013.
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