Entire Sugar pack is UP with LOW delivery volumes

Gainers:
Shree Renuka Sugars:
Stock up 24%;del vol of 9%
NSE vol of 39 lakh shares Vs 10-day avg of 3 lakh shares
Made a 52 wk high of Rs 699
Intraday swing of 22%
Govt may decide on tax incentives to sugar industry
Govt may allow direct conversion of sugarcane juice to ethanol
Announcement in 8-10 days

State Trading Corporation of India:
Stock up 13%;del vol of 56%
NSE vol of 1 lakh shares Vs 10-day avg of 53 thousand shares
Made a 52 wk high of Rs 283
Up 42% in 2 days
Board to meet on Sep 26 to recommend a 1:1 bonus

India Glycol:
Stock up 11%;del vol of 51%
NSE vol of 5 lakh shares Vs 10-day avg of 1.4 lakh shares
Made a 52 wk high of Rs 271
Up 67% since 29th Aug
Company announces 30% dividend per share (Rs 3 per share)
Net profit zoomed 197% in Q1 FY08

Losers:

Shree Precoated Steels:
Stock down 4.9%;del vol of 71%
NSE vol of 2 lakh shares Vs 10-day avg of 3.8 lakh shares
Profit Booking for second day; Was up 86% since 27 Aug

Ceat:
Stock down 3.2%;del vol of 74%
NSE vol of 1.4 lakh shares Vs 10-day avg of 1.2 lakh shares
Increase in crude prices may hit the raw material cost