Following stocks are likely to be in the limelight today, October 31.

Jindal Steel & Power, a leading steel maker announced a phenomenal rise in standalone net profit for the quarter ended September 2008. During the quarter, the profit of the company rose 62.18% to Rs 4,500 million from Rs 2,774.70 million in the same quarter previous year. Shares of the company gained Rs 90.05, or 15.03%, to end at Rs 689**.

Oil & Natural Gas Corporation (ONGC) disclosed a marginal decline in standalone net profit for the quarter ended September 2008. During the quarter, the profit of the company declined 5.67% to Rs 48,084.10 million from Rs 50,974.80 million in the same quarter previous year. Shares of the company gained Rs 5.65, or 0.88%, to end at Rs 650**.

Welspun-Gujarat Stahl Rohren announced a steep drop in standalone net profit for the quarter ended September 2008. During the quarter, the profit of the company declined 20.84% to Rs 653.10 million from Rs 825.00 million in the same quarter previous year. Shares of the company gained Rs 5.4, or 5.37%, to end at Rs 106**.

Bharat Petroleum Corporation (BPCL) swung to loss for the quarter ended September 2008. During the quarter, the company reported loss of Rs 26,252.70 million compared with a profit of Rs 10,382.00 million in the same quarter, last year. Shares of the company gained Rs 22.6, or 7.91%, to end at Rs 308**.

GMR Infrastructure is set to acquire a coal mine in Indonesia for close to USD 100 million, reports Business Standard. Shares of the company closed down Rs 7.4, or 12.46%, at Rs 52**.

**Closing share prices as on Wednesday, October 29.