Smart Stock on the Move - March 3

India Stock:

• Tata Motors Ltd. (TTM): shares of Mumbai, India based car maker rose 5.06% or $1.01 to new 52 weeks high of $20.99 as India's benchmark index passed 10,500 points on strong buying by foreign funds. The stock has gained 57.35% since covered in mid December at $13.34 per share.
• Sify Ltd. (SIFY): shares of India e-commerce service provider gained 5.77% or 73 cents to $13.38. The stock is now 41.29% higher since covered in mid December at $9.47. The stock is currently the secondly leading gainer of India stocks behind Tata Motors.

Voice of IP Stock:

• GlobelTel Communications Corp. (GTE): shares of Pembroke Pines, Florida based VoIP service provider surged 14.39% or 41 cents to $3.26 as the company provided updates for the funding for installation of wireless networks in 30 Russian cities. The stock was initially covered in late January at $3.2 per share.