For updates visit
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