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Rediff.com  » Business » Entertainment stocks up on V Day

Entertainment stocks up on V Day

Source: PTI
February 14, 2008 18:18 IST
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Cupid came calling at the bourses on Thursday, with shares of jewellery firms and others engaged in the business of flowers, gifts and entertainment soaring by over 12 per cent.

But strangely, world's biggest rose grower Karuturi Networks' stock dipped to the lowest permissible level for the trading session.

While Tata Group's retail arm Trent witnessed a jump of nearly two per cent, shares of Titan Industries soared over 12 per cent.

Among other gainers, greetings cards and gift products company Archies Ltd, leisure and infrastructure company Country Club, film distributor and exhibitor Pyramid Saimira and discount retailer Vishal Retail witnessed a surge of over four per cent each in their share prices.

Jewellery was one of the top three gift items during this special day and this was very much evident from the share movements of leading jewellery firms. Gitanjali Gems, Vaibhav Gems and Rajesh exports each rose nearly three per cent on the Bombay Stock Exchange.

Anil Ambani-controlled entertainment company Adlabs Films registered a jump of over eight per cent, while the country's leading chain of multiplexes PVR Ltd jumped as much as five per cent and multiplex operator Inox Leisure surged nearly six per cent.

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