Tuesday, October 9, 2007

Trading Spotlight

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

No comments: