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Trading Spotlight

Wednesday, September 12, 2007

Stocks Up:

Time Technoplast
Stock up 20%;del vol of 18.6%
NSE vol of 11.77 lakh shares Vs 10-day avg of 1.24 lakh
Made a 52 wk high of Rs 734.2; Market hopes for a dividend from the company:BS
Fund Action:
Sundaram MF-Growth buys 1.3 lakh shares @ Rs 695.5/sh

MIC Elec
Stock up 10%;del vol of 13.5%
NSE vol of 20.89 lakh shares Vs 10-day avg of 4.35 lakh
Intraday swing of 16%; Made a 52 wk high of Rs 491
Fund Action:
Goldman Sachs buys 1.23 lakh shares @ Rs 403.6/sh on 20th Aug

Neyveli Lignite
Stock up 9.45%;del vol of 15%
NSE vol of 1 cr shares Vs 10-day avg of 24 lakh
Made a 52 wk high of Rs 93.7; 32% up in 13 days
In FnO, it added 38 lakh shares in OI Vs a 4 day average of 80 thousand;
Valuation is at FY08 PE of 13.7 Vs 13.9 of PGC and 20-24 of REL, Tata Power and NTPC
PGC is not strictly comparable as it is into transmission

Binani Ind
Stock up 9%;del vol of 39.8%
NSE vol of 4.78 lakh shares Vs 10-day avg of 1 lakh
Still 55% off its 52 wk high of Rs 407;

Stocks Down:

Geojit Financial
Stock down 4.4%;del vol of 48.65%
NSE vol of 7.6 lakh shares Vs 10-day avg of 2.6 lakh
Profit Booking in brokerage firms;
IL&FS and JRG Securities have PE valuation of 10-11 when compared to the 30's of others

Jaiprakash Hydro
Stock down 3.3%;del vol of 49.6%
NSE vol of 49.27 lakh shares Vs 10-day avg of 77.3 lakh
In a consolidation mode after the stock went up 18% recently

Posted by FR at 8:48 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.