IFCI galloped 8.55% to Rs 31.10. The stock topped the gainers in the BSE`s `A` group. The stock outperformed the market over the past one month till 31 January 2012, rising 31.12% compared with Sensex`s 11.25% return. The scrip, however, underperformed the market over the past one quarter, sliding 13.05% as against Sensex`s 2.89% fall.
Power Finance Corporation surged 8.54% to Rs 184.20 and was the second biggest gainer in `A` group. Power Finance Corporation will announce its Q3 results on Friday, 3 February 2012. The stock outperformed the market over the past one month till 31 January 2012, rising 23.37% compared with Sensex`s 11.25% return. The scrip had also outperformed the market over the past one quarter, gaining 13.10% as against Sensex`s 2.89% fall.
Crompton Greaves advanced 8.07% to Rs 143.95 and was the third biggest gainer in `A` group. The stock ended flat on Tuesday, 31 January 2012. At the fag end of the day`s trading session on Tuesday, 31 January 2012, the company reported 66.9% fall in net profit to Rs 77.14 crore on 26.3% rise in total sales to Rs 3027.95 crore in Q3 December 2011 over Q3 December 2010.
Rural Electrification Corporation gained 7.17% to Rs 203.95 and was fourth biggest gainer in `A` group. The stock outperformed the market over the past one month till 31 January 2012, rising 23.97% compared with Sensex`s 11.25% return. The scrip had also outperformed the market over the past one quarter, gaining 5.72% as against Sensex`s 2.89% fall.
Jindal Steel & Power rose 6.43% to Rs 577.15 on BSE on reports the company is looking to buy a majority stake in Gopalpur Ports to foray into the ports sector. As per reports, Jindal Steel & Power is set to buy a majority 60% stake for an undisclosed sum in Gopalpur Ports, the company building a new port at Gopalpur in Orissa. The company is looking for a maritime gateway to ship the raw materials required for its steel and power plant coming up in Orissa. It was fifth biggest gainer in `A` group.
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