·
Cairn India gains on production
growth in FY14
Cairn India
gain by 1.7% after reporting 11% year on year growth in oil and gas production
to 20.20 million barrels of oil equivalent during fourth quarter of 2013-2014.
· Piramal Enterprises surges on
plans to divest stake in Vodafone
Piramal
Enterprises has moved higher by 6% after the company agreed to divest its
entire stake in Vodafone India for a total consideration of Rs 8,900 crore.
·
Tata Motors hits record high; Citi
raises target
Shares in Tata Motors gained as much
as 3.1 per cent after Citigroup raises its price target on the stock to 486
rupees from 421 rupees, citing the outlook for the Indian automaker's luxury
unit Jaguar Land Rover.
·
Adani Enterprises stock rallies
22%
Shares of
Adani Enterprises gained 22% to hit its fresh 52-week high, While Adani ports
and Adani Power rose as much as 11.4% and 6%. Adani Enterprises has been on a
roll since BJP announced Narendra Modi as its PM candidate for the 2014 Lok
Sabha elections.
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