Two Buzzing Stocks in the Morning Hours at BSE

Ajanta Pharma rises after US-FDA issues no observations at Dahej plant: Stocks of Ajanta Pharma Ltd surges today late morning hours on BSE after investors cheered the fact that no observations were issued by the U.S drug regulator at its

Ajanata pharma stock recently registered a gain as well after Motilal Oswal started coverage on the stock, citing strong growth in the US. The stock had risen nearly 3% in the past one month, while its 3-day gain stood at 1.8%. The stock was quoting at Rs.1,755.00, up Rs 35.25, on the BSE in the late morning hours. It touched an intraday high and low of Rs 1,818.00 and Rs 1,718.50 respectively.

L & T gains 1% on Rs 5250 crore order win in Qatar: Shares of Larsen & Toubro (L&T) gained 1.6 % intraday in the morning hours, after the company win on single largest order by power transmission & distribution business in Qatar. This order includes the engineering, construction and procurement of 30 new gas insulated substations of different magnitudes. The project is scheduled for completion in phases from 15 – 32 months.

The L & T was quoting at Rs 1,691.35, up Rs 4.85, or 0.29% on the BSE in the morning hours.

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