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Trading Spotlight

Monday, October 8, 2007

Gainers:
Adani Ent
Stock up 9.1%; del vol of 25%
NSE vol of 14 lakh shares Vs 10-day avg of 7 lakh shares
Recent news is that it is considering IPO for its power and real estate business

iGate
Stock up 8.8%; del vol of 54%
NSE vol of 1 lakh shares Vs 10-day avg of 30 thousand shares
Stock up ahead of results

Take Solutions
Stock up 11%; del vol of 39%
NSE vol of 2.3 lakh shares Vs 10-day avg of 88 thousand shares

Elgi Equip
Stock up 9.6%; del vol of 80%
NSE vol of 1.3 lakh shares Vs 10-day avg of 63 thousand shares
Up 23% in one month

Amtek India
Stock up 8.2%; del vol of 94%
NSE vol of 45 lakh shares Vs 10-day avg of 92 thousand shares
Warburg Pincus buys 38 lakh shares @ Rs 159.5/sh (4.13% stake)
Stiching Pension Funds Abp sells 38 lakh shares @ Rs 159.5/sh

Losers:
JSW Steel
Stock down 6.6%; del vol of 46%
NSE vol of 4.4 lakh shares Vs 10-day avg of 7.5 lakh shares
Up 29% in one month; Announced good Q2 production numbers last thursday;
Speculators might have off loaded their positions or company might have missed the whisper number

PTC India
Stock down 6.6%; del vol of 30%
NSE vol of 49 lakh shares Vs 10-day avg of 36 lakh shares
Approached by Blackstone, Goldman for PTC Financial Services stake
Profit booking after it ran up 20% in 12 days

KS Oils
Stock down 6.6%; del vol of 56%
NSE vol of 7.5 lakh shares Vs 10-day avg of 11 lakh shares

Triveni Engg
Stock down 7.1%; del vol of 36%
NSE vol of 35 lakh shares Vs 10-day avg of 91 lakh shares
Lack of clarity on fertilizer bonds
Ruling from Allahabad High Court to pay cane arrears

Nagarjuna Fertlizers
Stock down 6%; del vol of 19%
NSE vol of 4 crore shares Vs 10-day avg of 4 crore shares

Posted by FR at 9:21 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.