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Trading Spotlight

Thursday, September 13, 2007

Stocks Up:

IndusInd Bank
Stock up 11.7%;del vol of 28.3%
NSE vol of 77.34 lakh shares Vs 10-day avg of 8.9 lakh
52 wk high of Rs 65.25; Up 33% since 24th Aug;
There is a talk about picking up a stake sale;
P/B ratio:
Indus Ind:1.9
IOB :1.9;
OBC: 1,
Allahabad Bk: 1.1
Andhra Bk: 1.1
PNB: 1.5
Union Bk:1.5

Tanla
Stock up 10%;del vol of 47.3%
NSE vol of 1.64 lakh shares Vs 10-day avg of 60 thousand
Made a 52 wk high of Rs 530; Up 20% in 5 days;
HDFC Sec puts a buy on the stock with a target price of Rs 730

Advanta
Stock up 7.7%;del vol of 36.6%
NSE vol of 4.23 lakh shares Vs 10-day avg of 53 thousand
Made a 52 wk high of Rs 1096; Up 23% in 6 days;
Subscription of Kaveri Seeds has pulled up Advanta and Bayer Crop.
PE (FY07)
Advanta:44
Monsanto:17
Bayer Crop: 20
Kaveri:22

Stocks Down:

KS Oils
Stock down 4.4%;del vol of 43.4%
NSE vol of 11.15 lakh shares Vs 10-day avg of 16.8 lakh
Profit Booking for second day after it was up 36% since 03rd Sep

Posted by FR at 8:44 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.