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Trading Spotlight

Thursday, October 11, 2007

Gainers:

Adlabs
Stock up 22%; del vol of 23%
NSE vol of 30 lakh shares Vs 10-day avg of 3.6 lakh shares
Up 28% in 2 days
CFO says clearance of demerger of radio business should go through in the near future (spoken to Tanvir)

JP Associates
Stock up 13%; del vol of 39%
NSE vol of 29 lakh shares Vs 10-day avg of 11.9 lakh shares
To mull demerging Taj expressway project listing on exchanges
Board to meet tomorrow to consider stock split

Aban Offshore
Stock up 10.7%; del vol of 47%
NSE vol of 5.6 lakh shares Vs 10-day avg of 1.7 lakh shares
Contract for deployment of jack-up rig extended by 6 years
Day rate for operation is 62,450 euros for first three years
Works out to 136mn euros or 750 crores in 6 years

Patel Engg
Stock up 15.7%; del vol of 39%
NSE vol of 6.6 lakh shares Vs 10-day avg of 1.7 lakh shares

Transportation Corp of India
Stock up 15%; del vol of 64%
NSE vol of 1.3 lakh shares Vs 10-day avg of 39 thousand shares

Shree Renuka Sugars
Stock up 12%; del vol of 13%
NSE vol of 12.5 lakh shares Vs 10-day avg of 8.5 lakh shares
New ethanol policy announced by govt

Jindal Steel
Stock up 10.5%; del vol of 17%
NSE vol of 2.1 lakh shares Vs 10-day avg of 1.4 lakh shares

Losers:

Deccan Chronicle
Stock down 5.1%; del vol of 35%
NSE vol of 5.8 lakh shares Vs 10-day avg of 2.6 lakh shares
Down 26% in one month
There was a talk that the circulation numbers might not have been correct (speculation & just FYI)

Everest Kanto
Stock down 3.5%; del vol of 52%
NSE vol of 3.4 lakh shares Vs 10-day avg of 5.3 lakh shares
Down trend in the stock after it issue preferential shares to CLSA PE
Down 9% in 5 days

Corporation Bank
Stock down 3.6%; del vol of 68%
NSE vol of 2 lakh shares Vs 10-day avg of 1.2 lakh shares

Nava Bharat Ventures
Stock down 3.6%; del vol of 53%
NSE vol of 2 lakh shares Vs 10-day avg of 7.2 lakh shares
Profit booking; Still up 53% in one month

Sundaram Fasteners
Stock down 3.5%; del vol of 77%
NSE vol of 2.4 lakh shares Vs 10-day avg of 96 thousand shares
Down for 7 consecutive days; Down 10% in these 7 days

Posted by FR at 9:18 AM  

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Investment in equity shares has its own risks. Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that we consider reliable. I, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and I am not responsible for any loss incurred based upon it.& take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations given in this blog.