There are news for some stock that will be helpful for trading.
Tata Steel:
Shares of the company gained 3.97% after it reported a sharp rise of 2.20 times y-o-y in the consolidated net profit for the quarter ended December 2010 to Rs 9.49 billion. Total income for the quarter rose 11.02% y-o-y to Rs 290.89 billion compared with the prior year period.
Jindal Steel & Power:
Shares of the company gained 3.28% following an approval from the environment ministry to build Rs 250 billion worth steel plant in Orissa.
Jaiprakash Associates:
Shares of the company continued the upward march after news of its fund raising plans flooded the market yesterday. It y has gained over 6.67% since yesterday, following reports of its plan to raise Rs 35 billion for Jaiprakash Power through a follow-on share sale or global depository receipts.
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