Indian equity markets were seen trading higher on Thursday tracking positive global cues.
Gail, BPCL, Grasim and Reliance Industries were among top NSE gainers while Bank of Baroda Cipla, Power Grid and Mahindra & Mahindra were losers in trade. Several of the shares mentioned below also touched a fresh 52-week high on the NSE.
Here are some of the stocks that gained between 15- 20 per cent on the National Stock Exchange.
Barak Valley Cements Limited
Shares of Barak Valley Cements Limited was up 20 per cent at 27.65 and was stuck in upper end of circuit filter. There were only buyers in trade. BVCL plant is the largest cement plant in the State of Assam due to its various strengths.
The company also got listed on the National Stock Exchange and Bombay Stock Exchange in November, 2007. Presently the Company is engaged in the business of manufacturing of cement of different grades and is marketing its product under the brand name "Valley Strong Cement".
Shares of Kothari Petrochemicals rose 20 per cent to lock at Rs 27.45 on the back of heavy volumes. The face value of the company is Rs 10.
Kothari Petrochemicals is a part of the renowned HC Kothari Group, and it is the largest producer of premium quality Polybutene in India.
In the financial year 2007-2008, Kothari Petrochemicals commissioned a second plant in Manali that doubled our production capacity to 22,000 MT per annum in order to supply Polybutene worldwide.
Indo Tech Transformers
Shares of the Indo Tech Transformers rose 20 per cent to trade at Rs 231 on NSE.
Check stock quote of Indo Tech Transformers
It is a transformer manufacturer in America offering a complete line of transformer products for the generation, transmission, and distribution of electric power.
Prolec GE is a JV between a Mexican & prestigious industrial group, called Xignux and GE a well-known global company. It has more than 35 years of experience largely proven in the USA and in more than 46 countries around the world.
Shares of Career Point rose more than 17 per cent to end trade at Rs 122 on National Stock Exchange. The reason for the sharp rally in the stock could not be ascertained.
Career Point is providing quality education since 1993. Career Point was incorporated to impart quality education to students preparing for various competitive examinations.
Today, Career Point stands apart and well above the rest on a distinguished platform, as an epitome of success. This could be achieved simply by virtue of the excellent teaching methodology that Career Point has evolved, developed and implemented over the years
Shares in Kanoria Chemicals & Industries was up 15 per cent and interestingly, the stock was also trading at a new 52-week high of Rs 92.90 on the NSE.
KCI has two chemicals manufacturing facilities, one at Ankleshwar in the state of Gujarat
Kanoria Chemicals & Industries Limited (KCI) is a leading manufacturer of chemical intermediates in India. Apart from chemicals, it has diversified business interests including automotive and industrial electronics, renewable energy and textiles.
The stock of Jindal Stainless rallied as much as 15 per cent in trade today. The face value of the stock is Rs 2.
Check stock quote of Jindal Stainless
Jindal Stainless group is India's largest producer of stainless steel in 200, 300, 400 and duplex grades. Combining an experience of over four decades, a clear focus on customer needs, coupled with cross market expertise, a wide range of products and modern technology has been the mainstay of their success.
Shares in Alkali Metals was up 15.12 per cent and touched intra-day high of Rs 89.15 during trade. The stock was also trading at a new 52-week high of Rs 89.15 on the NSE.
Alkali Metals manufactures a variety of products ranging from Alkali Metal Derivatives, Amino Pyridines, Tetrazoles, Cyclic compounds and Fine chemicals.
The company is an ISO 9001 and 14001 certified company following cGMP Standards. The reasons for the jump in the stock could not be ascertained. Check stock quote of Alkali Metals.