11 January 2012, Mumbai

CREDIT POLICY: TRADING

STRATEGIES TO GAIN FROM
There will be a sell off if there are no cuts and a big sell off of there is a rate hike
Devangshu Datta
s the tide turning for the
financial industry? A lot of
bets are riding on the RBI
switching its credit policy
stance and cutting rates and
perhaps, the cash reserve
ratio, on January 24. The
central bank started hiking
rates in February 2010 in a
tight policy that continued
until December 2011, when it
left rates unchanged.
A fall in food inflation
coupled to increasing signs of
distress from India Inc. could
lead to a rate cut. Easier credit
would take a while to work
through the real economy and
indeed, I think policy rates
would need to drop 100-125
basis points before it makes a
perceptible difference.
But any cut would have an
instant, maybe short-lived,
beneficial effect on share
prices, especially in rate
sensitives like financials, auto
and real estate. It would also
have an influence on the
rupee's exchange rates.
Rate cuts may not happen.

The highest-risk,
highest-return
segment is listed
real estate firms

INSIDE

 Q&A: Anup Maheshwari,

Executive VP, DSP BlackRock

Inflation is politicallysensitive and there are

impending assembly
elections. If the US-Iran
argument gets more heated,
crude oil prices will spike,
guaranteeing more inflation.
It's a different matter that rate
cuts (or hikes) have zero
influence on crude-driven
inflation; it's more a matter of
being seen to do something.
However, if there is a rate
cut and some promises of
more rate cuts, the market
will bid financials up. The
rupee will probably harden,
due to FII inflows rather than
fundamentals. In fact, in
anticipation, the market is
already bidding financials and
real estate shares up. We may
see a buy on rumour, sell on
news effect playing out.
If there's a minimal cut of
25 basis points, prices will
stabilise. There will be a sell
off if there are no cuts and a
big sell off if there is a rate
hike. If there's a larger-thananticipated cut of 50 basis
points, rate-sensitives will
shoot up.

 Kec International:
Diversification paying off

The highest-risk, highestreturn segment is listed real

estate firms. The major NBFCs
are also high-risk, highreturn. Both sectors have
taken a battering so, a big
return could occur even on a
dead-cat bounce. On the other
hand, if the RBI disappoints, a
huge sell off may occur.
It's also possible to go long
in the futures of specific
banks directly, or to go long in
the Bank Nifty futures. Given
banks have good, high-beta
correlation with the Nifty, it's
possible to hedge via the
Nifty. Due to the hedging
possibilities and also because
banks are seen to have
sounder balance sheets, they
are less high risk than real
estate or NBFCs.
Keep that January 24
deadline in mind. Settlement
comes upon January 25, and
it could get chaotic if the RBI
pulls a rabbit out of the hat.
There may be frantic volume
action in these two sessions.

The author is a technical and

equity analyst

 Fund pick: Birla Sun Life

Frontline Equity Fund

TALK SHOW

Policy flip flops, delays are concerns

How are the foreign institutional investors
viewing developments across the US and Eurozone post the bailout packages? Do you think
Europe is nearing a resolution to its debt crisis?
There is a level of nervousness in the global
markets regarding the ability of Europe to
develop an imminent resolution to the Euro-zone
sovereign debt crisis. The markets are looking
for a solution faster than what political
compulsions will allow.

Anup
Maheshwari,
Executive Vice
President, Head
Equities &
Corporate
Strategy, DSP
BlackRock spoke
to Puneet
Wadhwa on
the markets

What is your own strategy at DSP Blackrock? Did

you move into cash in the process of the fall in
2011? What are your top picks (sectors) in the
current market conditions?
The returns of the DSP BlackRock Equity
Fund during the period from January 2011
through November 2011 have
outperformed the CNX500 benchmark
by
4.40 per cent. We are looking for
Long term
value investments in some of the
attractiveness of
interest rate sensitive sectors.

Does India still figure as a

preferred investment destination
among emerging markets (EMs)?
India has been one of the worst
investing in India
performing emerging markets last
remains intact
Are you looking to increase your
year, due to a combination of
exposure to the interest rate
global and domestic factors. In this
sensitive sectors?
backdrop, the FII outflow of only
$500 million in 2011 has been a positive
We are looking for value investment
surprise as compared to the outflows
opportunities in rate sensitive sectors. The RBI
experienced by other emerging markets.
has already articulated their view that the cycle
However, the long term attractiveness of
of rate increases is at its end and that monetary
investing in India remains intact, and we do
easing is likely to come through.
expect some investors to use the current
What are the downside risks to earnings
slowdown as an investment opportunity.
growth going forward? Have the markets
How are the foreign institutional investors
factored in the worst? What are you advising
(FI Is) viewing the so-called policy paralysis
your clients at this juncture?
with respect to the reform process in India?
Although the Indian market has already seen a
Do you think that these concerns are
~10 per cent downgrade in earnings and may
somewhat overdone?
see continued pressures in the December and
March quarters, we believe that FY12 earnings
In a world where India is competing for
growth could be near 10-11 per cent. What will
investments, any slowdown in growth or
be more relevant for the market, though, is the
decision making is bound to have a negative
outlook for FY13 and FY14 earnings.
outcome. Policy flip flops and delays are a

Shshank Mehta, Derivatives Strategist, Shah

Investors Home

concern area for investors and the governments

decisiveness in an uncertain environment will
do a lot to change sentiment.

We observed a decisive close above the

4840-4850 levels for the Nifty (in the
previous trading session); we believe this
momentum can continue upto 4925-4935
levels swiftly. 4822-4830 will act as support
on the downside.

Read more...

Somil Mehta, Sr. Technical Analyst (Equity),

Sharekhan
Nifty has started forming higher tops and
higher bottoms on the daily charts, which is a
bullish sign in the short term. momentum
indicators are also on the positive side so the
bias should be positive for a target of
4950/5100 with support around 4800 levels.

Read more...

FEATURES

KEC International

Diversification has enabled it to gain edge over domestic peers

Priya Kansara Pandya
he outlook for power
transmission line EPC
(engineering, procurement and
construction) sector is more sanguine
than other segments in the
infrastructure space as business
visibility is relatively better and
margin pressure is less severe.
KEC International is among the
best bets in the space not only
because it is the largest player but
more due to well-diversified order
book both in terms of geography as
well as business mix. In fact, post the
bagging of orders worth Rs 1,253
crore last week KECs order book
position of Rs 9,000 crore has reached
the highest level in its history.
Analysts expect the company to
report high double-digit sales growth
and maintain its operating profit
margin in FY12 and FY13 despite
competition and high input scenario.
Besides strong fundamentals,
valuation of 4 times FY13 estimated
earnings is at the trough.

STRONG VISIBILITY
Besides geographical diversification of
order book (60 per cent international
and rest domestic), venturing into new
areas namely power systems, water,
cable and telecom, which contribute
35 per cent of the total order book,
has also helped achieve a milestone.
According to Ramesh Chandak,
managing director of KEC, the strategy
of becoming an overall infrastructure
player instead of purely a
transmission company has helped.
KECs globally diversified model
has enabled it to gain an edge over its
domestic peers in the transmission
and distribution space. While

maintained around 9-10 per cent.

According to Rahul Garg, analyst,
HSBC Securities and Capital Markets,
The Rs 9,000 crore order book is
likely to drive annual sales growth of
20-25 per cent in FY12-13 as majority
of these orders are scheduled for
delivery over next 18-24 months. He
expects margins to surprise positively
in FY13 as new ventures improve and
mark-to-market losses reverse.

RISKS, VALUATIONS

IMPROVING PROSPECTS

IN RS CRORE

NET SALES

% CHG Y-O-Y

FY11

FY12E

FY13E

14.6

23.1

19.2

3.3

28.0

37.8

4,477 5,513 6,574

OPERATING PROFIT 474

490

% CHG Y-O-Y

16.5

% CHG Y-O-Y

3.7

-3.7

3.7

-3.7

NET PROFIT
EPS (RS)

% CHG Y-O-Y
PE (X)

197

7.7
5.4

E: Estimates Consolidated financials

Source: Company, Analysts reports

190

627
261

7.4

10.2

5.6

4.1

37.8

domestic players have struggled to

secure orders amid the slowdown,
KEC has consistently maintained its
average quarterly run rate of Rs 1,200
crore since the past several quarters.
In addition, new businesses of water,
railway and telecom are faring well
(pace of new orders is gradually
increasing), points out Shailesh
Kanani, analyst, Angel Broking.
The company expects to grow its
order book at 15 per cent in FY12 as
the pipeline remains strong with large
number of tenders pending from
Power Grid followed by private
utilities and also in some overseas
markets (Abu Dhabi, Saudi Arabia,
South Africa, Nigeria, Central Asia,
Brazil and Canada), and margins to be

In the medium term, though, the

mark-to-market loss on account of
rupee depreciation remains a key risk.
The company incurred a forex loss
(notional) of Rs 17 crore in September
2011 quarter, which along with jump
in interest cost (85 per cent) led to net
profit margin drop more than 200
basis points.
The other risk emanates from the
progress of generation projects. If the
pace of execution remains slow, it
could impact KECs longer-term
prospects as transmission projects
typically start 12-15 months after
commencement of construction of a
generation project. High working
capital intensity of business
(consolidated debt-equity ratio of 1.5
times), increasing competitive
pressures and project execution risk in
the MENA (Middle East and North
Africa) region are other concerns.
While these concerns had seen
the stock touch Rs 31.8 (52-week low)
on December 20, 2011, it has
recovered 29 per cent since then to
Rs 42 currently. Analysts believe
there is steam left given the target
multiple of 6-7 times one-year
forward earnings. Says Kanani, Given
the latent potential of the company
and healthy return ratios (25 per
cent), valuations well below its
average historic multiple are
compelling. Garg, too, reiterates his
overweight rating and has a target
price of Rs 80.

MARKET REPORT
SENSEX
16,176 (0.1%)

NIFTY
4,861 (0.2%)

MARKETS TODAY (BSE)

BSE 100: 8,352.1
0.37%
BSE 500: 6,110.2
0.48%

Small-Cap: 6,075.4
1.32%

Mid-Cap: 5,505.5
1.00%

Markets end flat ahead of Q3 results

Abhishek Vasudev

MOST ACTIVE

arkets consolidated on
Wednesday to end flat after
investors remained cautious on
concerns of muted third quarter earnings
growth and November industrial
production data. However, the broader
market outperformed the benchmark
indices after renewed focus was seen in
select mid-cap and small-cap stocks. The
markets traded in a narrow range for most
part of the trading session.
The BSE benchmark index- Sensex
ended at 16,176, higher by 11 points and
the 50 share Nifty ended at 4,861, up 11
points. The Sensex traded in a narrow
range of 117 points.
Hindalco was the top gainer among the
Sensex stocks, up nearly 6% to end at Rs
130 after Novelis Inc, also part of the Aditya
Birla Group, renewed its can-body sales
agreement with Coca-Cola Bottlers' Sales &
Services Company (CCBSS). Sterlite
Industries also jumped 4.8% to Rs 100.
DLF ended up 4% after it received Rs
440 crore from sale of 28-acre land at
Gurgaon.
The broader market was in action on
bargain hunting by investors. The BSE
mid-cap index added 1% or 54 points to

SECTOR WATCH
INDICES

LAST

% CHG

REALTY

1547.5

4.6

10140.3

1.1

TOP GAINERS
METAL

BANKEX

TOP LOSERS

2.3

IT

5832.2

-1.4

FMCG

4032.3

-0.6

TECK

10310.3

3408.6

-1.2

COMPANY

DLF
INFOSYS
ST BK OF INDIA
ICICI BANK
RELIANCE INDS.
TCS

TURN**

526

LAST* % CHG

190.9

3.3

487

2,826.6

-1.3

387

780.2

0.7

424
362
323

1,727.0
748.3

1,137.0

1.4
1.6

-2.4

COMPANY

SUZLON ENERGY
HDIL
DLF
UNITECH
JP ASSOCIATES
K S OILS

VOL*

302
286

LAST* % CHG

20.5

13.1

23.9

5.3

276

190.9

217

57.0

272
178

4.3

70.9

7.3

3.3
3.4

12.4

Click here for more market statistics * = Closing Price, ** = Turnover (Rs in crore), # = (million shares)

close at 5,505 and the small-cap index

shut shop higher by 79 points at 6,075
levels.
Real estate sector stocks were on the
buzzer today on anticipation of a rate cut
by the central bank and positive
announcements by certain companies in
the sector. The BSE Realty index was the
top sectoral gainer, up nearly 5% or 69
points at 1,547 levels.
Anant Raj Industries, Sobha
Developers, Unitech, Oberoi Realty,
Parsvnath Developers, Prestige Estates
and Phoenix Mills were the top gainers
among the realty stocks.
IT stocks were subdued ahead of the
Infosys results which are to be announced
tomorrow. The BSE IT index ended lower
by 1.4% at 5,832 points. Teck and FMCG
indices also ended lower.
From the IT pack, HCL Tech, Wipro and
Infosys were the laggards.

In a recent report, analysts at Nomura

suggest that Infosys will post on-par
growth compared to peers such as TCS in
the near-term (which have been more
upbeat on commentary). This coupled with
bigger potential gains from rupee
depreciation and low expectations built
into valuations makes them positive on the
stock. They reaffirmed a Buy rating on the
stock with a target price of Rs 3,300.
However, analysts at Angel Broking
expect EBITDA margin of the entire tier-I IT
pack to improve because of sharp INR
depreciation against US dollar.
Among the individual stocks, Sangam
India surged 7% to Rs 36 on receiving Rs
63 crore toll projects from the National
Highway Authority of India (NHAI).
NMDC moved higher by 2.2% at Rs
173 after the company signed a contract
for By Product Plant (BPP) package for the
upcoming 3-MTPA integrated steel plant at
Nagarnar, with the consortium lead by
Shriram EPC Ltd (SEPC).
Wockhardt soared 11% to Rs 337,
extending its Tuesday 3% gain, after the
company said it has received final
approval from the US health regulator to
market generic Fluticasone nasal spray
used for treating allergic nasal
inflammation in the American market.
The market breadth ended positive
with 1,868 gainers and 951 losers.

Asian markets end mixed

SI Reporter & agencies

apan's Nikkei average edged

higher on Wednesday, taking
comfort from U.S. stocks' rise to
five-month high, though gains were
capped ahead of key events in Europe
as the region battles its debt crisis.
Spain and Italy, now at the
forefront of the euro zone debt turmoil,
will test investor appetite with bond
auctions this week, while the
European Central Bank is due to hold
a rate-setting meeting.
Nomura Holdings, Japan's largest
brokerage, was the top per centage
gainer on Tokyo's core 30 bluechip
index. The stock rose 3.2 per cent to a
one-month high after the company's
highest-ranking ex-Lehman Brothers
executive resigned amid heavy losses in
its core investment banking division.
Market players said the share price
move was partly due to short-covering
following heavy losses last year, but

some traders voiced expectations for

management changes to help return
the brokerage back profitability.
The Nikkei gained 0.3 per cent to
8,447.88, but stayed below its 25-day
moving average near 8,494. The
broader Topix added 0.2 per cent
to 733.47.
"There is a slightly emerging feeling
that the U.S. is on something a little
more sustainable than just a year-end
pick-up," said Stefan Worrall, director of
equity at Credit Suisse in Tokyo.
Hong Kong stocks rose for a thirdstraight day on Wednesday as resource
shares climbed, shrugging off losses in
Shanghai, which shied away from a
critical resistance level as investors
braced for Chinese inflation data.
Chinese resource stocks such as
Angang Steel helped boost the Hang
Seng Index by 0.8 per cent and curbed
losses in the Shanghai Composite
Index, which ended 0.4 per cent lower.
In Hong Kong, China-sensitive

stocks formed nine out of the top 10

boosts on the Hang Seng Index, with
Chinese internet giant Tencent Holdings
Ltd topping that list, up 3.7 per cent.
Chinese banks mostly gained, but
despite their recent strength shortselling in Chinese banks has remained
high, suggesting that most of the
investors are still pessimistic about the
sector.

DLF gains on Rs 440-cr

windfall on land sale

Hindalco gains as Novelis

renews contract

Sangam India surges on

fresh orders from NHAI

DLF ended up 4% at Rs 191, extending

its previous days 4% gain, after the
company sold 28 acres of prime land in
Gurgaon to real estate firm M3M for
Rs 440 crore.
DLF, Indias largest developer has
been selling its non-core assets such as
hotel plots for the past couple of years
to cut debt that stood at Rs 22,519 crore
at the end of the September quarter.
It had raised Rs 3,480 crore from
sale of non-core assets till the second
quarter of this fiscal. The plan is to raise
a total of Rs 10,000 crore from this
process, the report suggests.
DLF plans to raise Rs 6,000-7000
crore from divestment in next 3 years.

Hindalco ended up 5.7% at Rs 130,

extending its Tuesdays 4% rally, after
Novelis Inc, also part of the Aditya Birla
Group, renewed its can-body sales
agreement with Coca-Cola Bottlers'
Sales & Services Company (CCBSS).
Novelis Inc and CCBSS, on Tuesday
announced the signing of a multi-year
agreement for the supply of aluminum
can sheet. The agreement took effect
January 1, 2012. The two companies
have also agreed to dismiss all pending
litigation relating to the previous
contractual terms, reports suggest.
A combined 17 million shares
changed hands on the counter on the
NSE and BSE.

Sangam India has surged 7% to end

at Rs 36.15 after the company said it
has received toll projects worth Rs 63
crore from the National Highway
Authority of India (NHAI).
In a filing to the stock exchanges
the company informed that the said
orders are for toll road collection
booths at Panvel, JNPT section of
NH48, near Mumbai.
The company will operate two toll
stations at Chirle and Karanjade for
the toll collections.
The trading volumes on the
Bombay Stock Exchang and the
National Stock Exchange were over
120,000 shares.

OTHER MARKETS
AT 1700 IST

GOLD
Rs 27,627 / $ 1,635.47

GLOBAL MARKETS

EUROPE

L AST

CHG (%)

6,163

0.0

FTSE 100

5,691

CAC 40

3,228

DAX
ASIA

HANG SENG
NIKKEI 225
TAIWAN
STRAITS

SHANGHAI

-0.1

CHG (%)

8,448

0.3

19,152

7,188
2,747
2,276

SEOUL COMPOSITE 1,846

*As of 1500 IST

CRUDE OIL
Rs 5,280 / $ 101.48

0.5

L AST

0.8

0.1
1.0

-0.4
-0.4

CURRENCY
Rs 51.90/$

IN NEWS

Fund pick: BSL Frontline Equity Fund

Outperforms S&P CNX Nifty over 1,3,5,7-year time frames

Crisil Research
Birla Sun Life Frontline Equity Fund,
launched in August 2002, has an
asset size of Rs 2,806 crore as of
quarter-ended December 2011. This is
more than double the category
average of Rs 1,152 crore. The fund is
classified as a large-cap equity fund
under CRISIL Mutual Fund Ranking
where it has ranked in the top thirty
percentile since the last eight quarters
till September 2011. The consistency
in ranking is an indication of the
funds superior performance and
disciplined portfolio management.
Mahesh Patil has been managing this
fund since November 17, 2005.

PERFORMANCE

Birla Sun Life Frontline Equity Fund is

a flagship fund of Birla Sun Life
Mutual Fund. As on January 3, 2012,
the fund has posted annualised
returns of 20.06 per cent over three
years vis--vis 17.29 per cent by the
category and 16.73 per cent by the
benchmark (BSE 200). It has also
outperformed the benchmark as well
as the S&P CNX Nifty over 1,3,5 and
7-year time frames.
The funds performance vis--vis
peers and the benchmark can also be
gauged from the growth of an initial
investment of Rs 1,000 in the fund at
the time of its launch which would
have grown to Rs 8,001 as on January
3, 2012. A similar investment in the
category would have returned Rs
7,253 while the benchmark index
would have appreciated to Rs 5,302.
A systematic investment plan of Rs
1,000 per month invested for 7 years
(principal Rs 84,000), would have
grown to Rs 1,22,497 vis--vis Rs

99,127 by the benchmark delivering a

11 per cent return vis--vis 4.6 per
cent by the benchmark.
In terms of volatility, the fund is
comparatively less volatile (25.55 per
cent) than the category (26.43 per
cent) and benchmark (29.17 per cent).
The fund has close to 90 per cent
exposure to CRISIL defined large cap
stocks over the last one year.
Traditionally, large cap stocks tend to
be more stable than mid cap stocks
during times of market volatility.

PORTFOLIO DIVERSIFICATION
The fund remains well diversified
with an average of 57 securities in its
portfolio for a three-year period.
Portfolio concentration, defined as the
relative proportion of individual stocks
and sectors, is an important parameter
in CRISILs methodology used to
assess risk mitigation in portfolio
construction for a mutual fund. A
combination of risk adjusted returns
and portfolio based parameters makes
CRISILs proprietary ranking
methodology unique.

INVESTMENT STYLE
An analysis of the portfolios over the
past three years reveals that the fund
manager has taken active cash calls in
reaction to volatility in markets.
During the calendar year of 2008,
when the equity market was going
through a tough phase, the fund had
maintained an average equity
exposure of around 80 per cent. The
fund had reduced its equity exposure
to as low as 71 per cent in November
2008. Once markets recovered in April
2009 and volatility began easing
towards the mid of 2009, the fund
steadily increased its equity
investments. Since then, the average
equity exposure maintained by the
fund measures 91 per cent till
November 2011.
A look at the funds sector
holdings across a three-year time
frame reveals that the fund had
highest exposure to banking (~16 per
cent) followed by software, petroleum
products, power and industrial capital
goods with exposures in the range of
6-8 per cent.

Satyam cautious on damages claim

Press Trust of India
ahindra Satyam is
exercising caution
on damages claimed
in a suit filed against its
former board of directors,
certain employees and audit
firm Price Waterhouse (PW) to
avoid paying a higher nonrefundable court fee initially,
sources said.
According to sources, the company
has to pay 1% of the total damages
claimed in the petition as court fee and in
future, it may seek more damages once
they settle all the issues.
The damage claim will assume
significance once the trial against
former Chairman B Ramalinga Raju and
others in a local court is finished. If the
judgement goes against the accused,
the damages claim will have strength,
sources explained.

"One per cent becomes big if the

damage runs in to thousands of crores. It
is not wise to pay such amount initially as
the company is yet to make payments in
some of the issues that the company
agreed to settle," sources told PTI.
"Though the company agreed to settle
some issues which involved huge
payments, the total cash has not been
paid. Once they are settled, the damages
may go up. To that extent, the company
reserved the right to seek more damages,"
sources added.

Suzlon wins second order in

Brazil

Praj acquires 50% stake in

Neela Systems

BS Reporter
uzlon Group in Brazil has bagged a
second order of 24 megawatt (MW)
from Brazil's energy and engineering
major Servtec Group for 12 units of
Suzlon S95 turbine. The turbines are a
part of the wind power project to be set
up in the state of Ceara, according to a
release filed with the Bombay Stock
Exchange..
However, The financial details are
yet to be disclosed.
The order is a second one from
Servtec Group after 155 MW of wind
capacity order earlier.
The project is a partnership between
Servtec and the Brazilian investment fund
manager, Rio Bravo Investimentos,
comprising of 2 wind turbines.

BS Reporter
raj Industries, a global leader in
renewable energy and
environmental technologies, has
acquired a major stake of 50.2% in
Neela Systems for Rs 64 crore. The
current arrangement allows Praj to
further increase its stake in Neela
Systems in the future.
Neela, a leader in high purity water
segment, has a turnover of approximately
Rs 90 crore. The firm has a state-of-theart manufacturing facility at Thane to
build USFDA, UKMCA and WHO
compliant systems, Praj Industries said in
a filing to the Bombay Stock Exchange.
The global reach and involvement of Praj
is expected to enable accelerated growth
for Neela, it added.

IN BRIEF

NMDC INKS DEAL WITH

SHRIRAM EPC

NMDC has signed a contract for By

Product Plant (BPP) package for
the upcoming 3-MTPA integrated
steel plant at Nagarnar, with the
consortium lead by Shriram EPC
Ltd (SEPC).
The total cost of the package
is Rs 509.00 crore, the stateowned mining company said in a
filing to the stock exchanges.
BPP unit is a key installation in
integrated steel making, which
processes valuable raw Coke Oven
gas from coke ovens.

GOVT TO INFUSE RS 6,000

CR IN SBI

The government has agreed to

infuse fresh capital into State Bank
of India through a preferential issue
and the country's largest lender will
get up to Rs 6,000 crore before the
fiscal-end, Chairman Pratip
Chaudhuri said here today.
"We will be having a preferential
issue and will be getting capital
through it," Chaudhuri told PTI
when asked about the progress on
its proposed recapitalisation.
When asked what could be the
quantum of the infusion, he said,
"The size will be Rs 5,000 to Rs
6,000 crore."

APOLLO HOSPITALS SEES

INSURANCE JV
PREMIUMS RISE

Apollo Hospitals Enterprise expects

its health insurance joint venture
with Germany's Munich Re to
collect premiums of Rs 450 crore
in the fiscal year ending March
against Rs 280 crore last year, a
top official said on Wednesday.
The joint venture has clocked
incremental business of Rs 100
crore in the first 8 months of the
current financial year, Antony
Jacob, chief executive, Apollo
Munich Health Insurance Co,
told reporters.

OI DATA
OI CHANGE WITH RISE IN PRICE
DISH TV
MAX INDIA
UNITED SPIRITS
PUNJ LLOYD
UNION BANK

Jan 10, 12

Open Int as on
Jan 11, 12

8472000 11084000
463000
571000
1504500 1854750
31532000 37408000
2030000 1733000

% chg

30.83
23.33
23.28
18.64
-14.63

Jan 10, 12

57.65
151.90
523.20
44.25
178.60

OI CHANGE WITH FALL IN PRICE

CORE PROJ & TEC
TATA CHEM
PETRONET LNG
FEDERAL BANK
TTK PRESTIGE

Jan 10, 12

5443000
540000
2086000
529000
60375

Open Int as on
Jan 11, 12

3929000
636000
2452000
616000
68250

% chg

-27.82
17.78
17.55
16.45
13.04

Jan 10, 12

262.55
320.64
162.75
370.55
2537.94

OPEN INTEREST BREAK-UP

Price as on Jan 11, 12

BAJAJ AUTO
BHARTI AIRTEL
BHEL
CIPLA
COAL INDIA
DLF
GAIL
HDFC
HDFC BANK
HERO HONDA
HINDALCO
HUL
ICICI BANK
INFOSYS TECHN
ITC
JINDAL STEEL
LARSEN & TOUBRO
MAH & MAH
MARUTI SUZUKI
NTPC
ONGC
RELIANCE IND
SBI
STERLITE IND
SUN PHARMA
TATA MOTORS
TATA POWER
TATA STEEL
TCS
WIPRO

Close (cash)

1456.90
325.64
264.75
340.55
320.39
190.90
380.30
680.95
462.65
1809.30
130.35
392.50
780.15
2826.60
203.30
488.30
1147.09
680.35
987.90
159.69
259.60
748.25
1726.95
100.70
520.65
204.90
92.70
383.00
1137.00
401.30

LTP (future)

1461.75
327.70
264.05
342.35
322.15
191.95
382.60
682.60
464.30
1774.65
130.60
393.85
781.20
2843.00
203.95
491.00
1143.30
680.60
987.50
160.40
260.35
749.90
1730.70
101.00
522.25
205.15
93.25
382.05
1143.85
401.15

Open interest

Shares

1827
15874
13336
4231
9905
41705
1973
15709
14797
1858
32150
11784
14792
8362
24880
4760
6980
4206
2865
19334
8236
18496
11554
33738
3507
64968
10404
22794
6921
4885

` crore

266.18
516.92
353.07
144.09
317.35
796.15
75.03
1069.67
684.56
336.10
419.08
462.52
1154.00
2363.71
505.81
232.41
800.61
286.16
283.06
308.74
213.81
1383.93
1995.32
339.74
182.59
1331.19
96.45
872.99
786.95
196.04

Price as on
Jan 11, 12

61.15
152.10
540.60
44.55
186.65

Price as on
Jan 11, 12

262.39
313.75
161.60
363.00
2504.50

INDEX WATCH
% chg

6.07
0.13
3.33
0.68
4.51

% chg

-0.06
-2.15
-0.71
-2.04
-1.32

% of Open interest

Futures

85.30
75.21
91.17
89.15
83.81
76.13
96.48
85.85
95.84
89.81
69.83
80.02
82.08
43.74
87.92
95.04
69.65
86.13
93.81
88.83
83.51
78.14
75.45
92.19
98.18
68.37
97.35
78.04
81.98
90.19

Call

SPOT
NIFTY
BANKNIFTY
CNXIT
FUTURE(LTP)
NIFTY
BANKNIFTY
CNXIT

Put

10.00 4.69
16.77 8.02
5.02 3.81
4.82 6.03
9.75 6.44
14.63 9.23
2.76 0.76
8.68 5.47
2.10 2.06
6.92 3.28
15.01 15.16
14.37 5.62
8.20 9.73
32.73 23.53
6.56 5.52
2.73 2.23
15.34 15.02
8.19 5.68
3.04 3.16
8.75 2.42
11.66 4.83
11.00 10.87
14.39 10.16
5.56 2.25
1.01 0.81
16.00 15.64
1.92 0.73
10.47 11.49
11.58 6.45
6.45 3.36

Jan 10, 12

Jan 11, 12

4849.55 4860.95 0.24

8735.05 8839.70 1.20
6331.75 6249.30 -1.30
4870.30 4872.35 0.04
8759.95 8855.85 1.09
6365.20 6274.30 -1.43

SECTOR WATCH

OI 000

TOP GAINERS
Alcoholic Beverages
1856
Entertainment
24045
Gas Distribution
5040
Plastic products
2602
Construction
175936
Leather
1150
Tyres
7459
Miscellaneous
3828
TOP LOSERS
Cables
2024
Non Ferrous Metals
68320
Air Transport Service
9854
Diamond, Gems and Jewellery
7599
Pharmaceuticals
21269
Power Generation & Distribution 175121
Hotels & Restaurants
6000

MARKET POSITION
HIGHEST
ABG Shipyard
Punj Lloyd

Gitanjali Gems
Aban Offshore
Ruchi Soya
Alok Inds

Suzlon Energy
IFCI

LOWEST
Bosch

GSK Pharma

Hind Zinc

Bajaj Holdings

%Chg

% chg

23.26
11.86
10.06
6.81
6.59
5.94
5.01
4.99
-8.33
-5.61
-4.25
-2.80
-2.70
-2.50
-1.77

OI as on Jan 11, 12

%of MWp

4589000

117.57

7599000

94.70

43416000

3526000

25600000

89628000

111264000

87352000
2875

104.02

88.29

83.44

81.20
72.44

59.19
0.16

13500

0.16

74500

0.56

1212000

0.41

TECHNICALS

Expect fresh strength above 4,880

On the downside keep an eye on 4,825 for weakness

Rex Cano

NIFTY

Last close: 4,861

The Nifty as expected faced stiff
resistance around the medium-term
moving average of 4,880. Tomorrow
could be a decisive day for the index,
for if the index is able to break above
4,880 then we could be in for another
100-150 points rally with upside
targets of near 4,980-odd levels.
However, on the flip side in case the
index breaks below 4,825, then the
index runs the risk of falling to 4,750odd levels. On Thursday, the Nifty is

EDUCOMP

likely to face resistance around 4,8754,885, while seek support around

4,850-4,835.

ASHOK LEYLAND

Last close: RS 24
Target: RS 23
Ashok Leyland seems to be nearing
its major hurdle around Rs 25.40-odd
levels. The stock has considerable
resistance in the range of Rs 24-6025.40. Hence, it would be advisable to
trade with a negative bias with a stop
above Rs 25.40. On the downside the
stock can slip to Rs 23, below which
the next target would be Rs 22.

Last close: RS 214

Target: RS 208
Educomp Solutions reversed its
Tuesday's up move, with an almost 3
per cent fall on Wednesday. The stock
is now likely to face immediate
resistance at Rs 216-odd levels. On the
downside the stock is likely to test Rs
208, a further fall up to Rs 198-odd
levels also cannot be ruled out.

ICICI BANK

Last close: RS 782

Target: RS 755
Traders can look to short with a stop
at Rs 790 for lower target of Rs 755.
Above Rs 790 it can flare up to Rs 810.

KEY SUPPORT, RESISTANCE LEVELS

STOCK

S2

S1

CLOSE

913

934

ACC

1100

1106

BHEL

260

262

AXISBANK
BPCL

CIPLA
DLF

900
492
336
185

498
338
187

R1

R2

20-DMA

50-DMA

967

855

950

1155

526

617

1117

1127

1133

265

268

270

508
341
191

954
517
343
195

523
345
197

1130

245
492
331
187

1157

271
320
204

BOLLINGER BANDS

200-DMA LOWER END HIGHER END

1067

1086

1175

349

225

265

310
219

790
452
316
174

920
532
346
200

DRREDDY

1625

1635

1651

1667

1677

1590

1586

1563

1548

1631

HINDALCO

126

128

130

133

134

120

125

160

112

128

HDFC

ICICIBANK

INFOSYSTCH
M&M

MARUTI
ONGC

RELIANCE
RELINFRA
SBIN

TATAMOTORS
TATASTEEL
WIPRO

671
770

675
774

681
780

687
787

690
791

658
719

656
753

667
934

624
649

692
789

2776

2795

2827

2858

2877

2781

2752

2739

2658

2904

974

979

988

997

1002

951

982

1130

907

995

756

762

776

856

666
257
735
394

671
258
740
398

680
260
748
405

689
261
411

695

673

720

262

259

261

415

362

394

727

726

634

375

378

383

388

391

356

388

501

333

379

404

406

404

392

57

64

1730

401

62

-56

398

767

1582

398

62

327

688

2154

397

65

-60

500

1746

184

49

-50

1656

189

-62

268

1752

208

52

249

1742

207

56

274

1727

205

58

-48

1712

203

45

712

1702

201

RSI

194
398

166
392

52

54

211

-67

417

-50

57

S1, S2, R1, R2 are support and resistance levels, look to buy near support, and sell near resistance levels; DMA = Daily Moving Average; Stocks where 20-DMA is higher
than 50-DMA are said to be in positive trend and vice versa; Bollinger Bands = Trading bands, stocks tend to bounce from lower end, and retrace from higher end. However, in case of break-outs we see bigger rises, slides; RSI = Relative Strength Index, RSI above 70 is overbought while below 30 is oversold; + value strength on the back
of rising RSI, and - value is vice versa;

BS TOP 200
CompanyName

Aban Offsh

ABB

ABG Shipyard
ACC

Adani Enter
Adani Port

Adani Power

Adi Bir Nuvo

Allahabad Bk
Alok Inds

Alstom Prjct

375.70
620.60

392.45

1,115.80

283.40
136.15

69.10

761.95

136.05

18.60

340.25

Open

High
(Rs))

377.00

383.00

393.30

393.30

625.00

642.00

1,108.00 1,133.00
286.45

322.75

70.50

81.50

136.40
780.00

137.30
18.75

344.35

141.00
795.00

139.65
19.00

369.00

Low

373.20

624.00

388.00

Current
Close

% Chg

Volume

640.15

0.55

3.15

122949

377.75

388.25

1,106.00

1,108.80

134.25

137.35

283.70
68.85

772.00

134.50
18.50

336.70

-1.07

-0.63

P/E
(times)

52wk
High/Low (Rs))

Market Cap
(Rs in crore)

15607

106.69

908/541

13565

29632

19.16

1233/917

20817

278818

25.2

170/111

22833

4.31

10.83

312.05

10.11

1132140

77.15

11.65

1426494

26.33

136.00

-0.04

242999

4.1

782.55
18.65

363.30

0.88

2.70

18261

13.59

766/261
130/59

994/710
29/16

2126537

3.77

70964

433/311

9.19

0.27

6.77

774/324

18

240/114

702/280

1643

1977

34319

27517

16819

8883

6477

1469

2435

Ambuja Cem

152.05

153.45

153.45

149.80

150.45

-1.05

116177

19.49

166/112

23084

Apollo Tyres

67.05

67.95

67.95

65.50

66.50

-0.82

299365

17.92

83/44

3352

4.92

1043330

1.96

5944

Andhra Bank

Areva T&D

Arvind

Ashok Leyland

Asian Paints

Aurob Pharma

Axis Bank

Bajaj Auto
Bajaj Hind

Balram Chini

90.65

168.10

78.25

24.00

2,657.95

101.00

896.95

1,429.55

28.60

39.75

91.35

93.15

168.00

169.65

24.20

24.55

79.70

83.85

2,658.00 2,724.00
102.25

109.40

896.00

947.90

28.70

29.25

1,449.70 1,462.70
40.10

40.20

91.10

165.55
79.00

23.95

92.50

-0.36

24.05

0.21

82.10

0.17

764736

150.79

50305

6.22

1007/630

17.49

741/295

1,453.00

38.90

39.05

-1.76

302.65

-0.15

512.80

1.35

28.10

585.00

607.30

575.65

585.60

BF Utilities

BGR Energy

Bharat Forge

315.85

205.45

277.85

319.00

206.40

279.00

333.30

217.90

283.45

28.33

28.65

6.58

1,429.20

586.55

517.00

323923

299.00

504.90

315.40

204.10

275.00

326.25

215.50

278.85

1.64

0.82

53911

193227
65757

-0.16

335578

3.29

368107

4.89

0.36

0.66

113133

Bombay Dyng

390.15

393.50

404.80

390.00

400.00

2.52

Bombay Rayon
Bosch

BPCL

Cairn India

Canara Bank

Central Bank

Century Tex

CESC

Chambal Fert

281.15

7,071.20

482.75

281.00

7,098.50 7,110.00
480.00

509.00

412.00

418.70

336.70

338.90

74.70

75.00

412.65

282.70

338.90

77.05

277.60

278.40

-0.98

371/231

478/284

1125

21.22

7480/5855

22325

372/250

63245

2891

16.76

76.15

1.94

105560

4.64

72153

39766

NA

5.04

402/240

294/198

713/459

668/349
170/63

5536

1622

3747

18352

18043
4924

236.00

240.60

232.00

236.00

0.66

134755

35.01

410/216

2196

82.85

83.20

83.90

81.50

81.95

-1.09

332726

10.32

119/66

3411

213.90

218.00

220.90

214.25

215.40

0.70

50635

6.02

375/186

348.75

348.75

339.10

340.00

-1.53

190042

27.05

359/274

Colgate

986.05

989.00

991.00

977.00

979.90

-0.62

8989

35.03

1084/783

Crompton Grv

131.45

133.00

134.80

131.45

132.75

0.99

12.51

306/107

Cummins (I)

64800

234.45
345.30

Coreedutec

6492

181.82

463/225

Cipla

Coal India

1229

60510

7.95

75.00

931/259

7163

104993

-1.30

3763

530/297

-1.29

407.30

16539

7.27

332.35

405.00

954

28394

123628

328.00

5.15

42045

445/304

7,110.00
507.60

498/261

3134

25

7,046.05

480.00

0.55

NA

15.49

337.30

-0.43

7.67

50679

332.50

276.80

86/33

10.08

344.00

273.50

5.86

585329

334.55

282.70

1832

1822/1190

16.78

335.10

278.25

93/23

12

34054

Bhushan Stl

278.00

38509

269/80

1555

297415

Biocon

1461/785

674/173

-1.54
-0.06

10.2

5.41

325.55
264.75

25994

352441

323.55
259.30

3366/2395

2135

333.50
266.90

6399

29.58

993/413

333.50
263.90

4005

2091

14.07

330.65
264.90

5176

8769

Bharti Airtel
BHEL

31/20

440626

Bata India

505.65

10.98

111/51

4.06

107.65

720.15

505.95

498950

322/133

933.40

102.00

710.95

BEML

20.99

10.14

159/79

893.05

724.00

307.00

8274

3.85

2,710.00

717.55

304.90

54979

2,645.00

714.30

303.10

2.04

167.50

Bank of Baroda
Bank of India

10

Prev
Close

317.75
262.00

358.90

319.35
262.00

360.00

323.50
263.95

372.00

316.55
261.05

359.00

320.20
262.55

369.10

0.77
0.21

2.84

623345

5519

216345
23444

21.61

10.93

17.39

422/289

351/245

566/322

2691

27299

202250

13327

2943

8516

10231

CompanyName

Dabur India

DCB

Delta Corp

Dena Bank

Dhanlaxmi Bk

Dish TV

Divis Lab

DLF

Dr Reddys

Educomp Sol

Escorts

Essar Oil

Exide Ind

Federal Bank

Finan Techno
Fortis

GAIL

Gitanjali Gm

Prev
Close

97.65

38.30

66.60

57.35

51.70

57.70

794.45

184.65

1,617.35

220.30

70.50

60.05

118.70

Open

98.30

38.75

66.90

57.35

52.50

58.50

799.80

High
(Rs))

98.50

39.90

68.30

58.60

54.00

62.25

799.80

186.35

194.60

221.85

225.00

60.10

61.50

1,616.00 1,653.00
71.00

118.80

74.00

120.90

Low

96.60

38.30

65.80

56.70

51.70

57.75

788.00

185.10

Current
Close

% Chg

39.60

3.39

2107459

32.04

2.13

127038

17.2

57.60

52.80

61.05

3.41

4172041

215.20

-2.32

714602

60.45

0.67

499245
14704

791.90

190.95
73.25

120.05

1.14

95.20

95.20

98.75

94.00

97.40

2.31

380.90

306.60

384.50

307.15

384.50

309.00

380.00

303.00

609.85
381.20

304.85

173.25

167.00

171.45

Godrej Ind

184.65

186.00

188.00

183.00

184.10

GSK Pharma

3.90

-2.32

168.50

GTL

1.94

362.20

168.30

Grasim Ind

-0.32

362.00
583.00

25.50

2,455.55

1,960.00

38.40

25.90

26.40

2,448.70 2,459.00

1,985.95 1,986.00
43.00

43.00

25.00

2,382.35

26.10

2,397.10

1,951.10

1,962.90

38.35

368962

4212766

371.90

614.50

88326

1314579

5.81

GMDC

GMR Infra

0.44

371.00

585.00

66/31

0.08

370.80

581.90

19.04

66.65

70.30

117.60

52wk
High/Low (Rs))

-0.72

1,648.80

59.00

P/E
(times)

96.95

1,614.25
213.05

Volume

39.25

4.80

0.08

6100

9.63

61090

20.31

111917

39.83

121622

12.63

50203

248362

705

40.6

2475/1830

16626

25363

8.24

561/219

4287

40/10

2146

48/16

1192

789341

8.62

NA

13.59

-3.14

4893176

12.24

19.65

4.52

1065745

NA

681.40

-0.15

70078

70.80

13.19

HCL Techno

HDFC

HDFC Bank
HDIL

Hero Motocorp
Hexaware Tch

419.90

682.45

459.45

62.55

1,774.25

82.30

18.90

422.00

683.05

424.80

19.85

424.70

690.70

409.10
18.10

412.80

678.25

414.55
414.00

463.50

455.15

462.25

1,779.00 1,824.85

1,779.00

1,809.20

462.00

63.00

82.75

72.20
83.80

62.00
82.10

82.60

-0.99

-1.41

0.61

1.97

0.36

284556
17798

41875

7.41

20.06

20.41

26.11

11.1

Hindalco

123.00

124.40

130.50

124.40

130.00

5.69

1724448

10.75

91581

34.47

356682

4.74

HUL

ICICI Bank
IDBI Bank

Idea Cellular
IDFC

245.25

255.50

244.55

252.95

395.55

396.00

398.45

391.60

392.60

-0.75

87.00

87.95

88.20

86.50

87.65

0.75

774.45

82.05

779.75

82.90

790.00

83.20

774.00

81.75

779.60

82.05

102.05

102.50

106.20

102.00

105.30

Ind Ove Bank

79.75

81.00

81.70

79.55

80.05

Indiab Real

52.40

52.80

57.00

52.05

56.15

IFCI

India Cement
Indian Bank

Indian Hotel

3.14

24.10
71.25

192.20

61.05

24.25
70.75

192.15

61.20

24.95
72.00

192.20

62.50

24.10
69.60

186.05

60.80

24.60

63053

127650

0.67

517752

0.00

191663

3.18

528/360

736/582

199/52
94/46

28597

100449

15.7

1138/641

33.9

104/56

27137

61/20

1815

251/111
420/265

156/77

164/73

7.16

1445167

12.91

153/40

0.98

91649

27.16

37748

187.90

-2.24

7573

1358

420/239

4.59

-0.63

2423

NA

110844

70.80

2967

155/107

10.66

3112276

0.38

5173

9.05

1617906

2.07

61.65

451/290

4268

238/87

94813

20.6

245.25

116/73

382

36130

425814

HPCL

438/29

5847

2248/1378

0.53

0.80

21984

17.27

104.05

126.40

2625/1981

63711

102.00

125.05

10159

108227

106.40

127.40

45/18

520/396

4.15

104.30

126.70

2778

24.13

103.50

125.40

387/156

127717

7372743

Hind Oil

Hind Zinc

2811

3946

236/155

NA

13.31

421.00

6195

17.52

14.25

18.80

10204

30255

14.10

418.70

774

8630

5452

14.03

HCC

2067

194/102

GVK Power

Havells I

27954

12.68

9030

-0.39

10509

32427

48354

390.10
75.85

931/518

450

528/365

6.15

386.00
75.50

175/99

172/81

400.00

77.70

148/45

60.5

392.40

76.70

529/168

477/322

394.75

76.15

843/582

281/173

9.5

Guj Fluoro

Guj Petronet

6498

164/64

-2.38
-1.18

94/54

6.44

7.08

793

1492

1920

610273

1043088

0.15

24.48

21.05

16890

114/48

136/42

1716/1387

2.35

2.21

NA

117/52

23.73

277139

-0.30

2.85

122/87

18111

-0.57

1.87

28.02

Market Cap
(Rs in crore)

2.53

8.75

4.47

170/90
107/62

254/167

103/51

53408

24889
8566

86926

89854

8630

15411
4953

2175

2501

8075

4682

11

BS TOP 200

CompanyName

Indraprst Gs

IndusInd Bank
Infosys
IOC

IRB Infra
ITC

IVRCL

Jain Irrig

380.45

260.85

2,863.00

258.90

140.50

205.00

35.85

92.25

Open

381.00

High
(Rs))

Low

266.40

205.30

205.40

141.20
34.00

93.00

143.40
37.45

97.90

4.50

137.40

139.20

-0.93

278572

9.64

230/121

37.10

3.49

1214313

8.34

123/27

6.96

1130474

202.70

34.00

92.00

203.15
96.70

-0.90

4.82

Jindal Steel

499.20

500.00

504.00

485.00

488.40

-2.16

55.10

55.30

57.40

12730

3442/2169

203.55

JP Associat

292/181

22.46

2.36

194.20

JP Power

16.95

185327

265.00

209.40

140.40

Market Cap
(Rs in crore)

-1.29

257.90

195.00

136.80

52wk
High/Low (Rs))

2,826.00

262.00

190.30

135.70

P/E
(times)

2,812.50

2,867.00 2,895.30
258.35

272.60

Volume

0.04

379.30

273.50

% Chg

380.60

384.70

262.00

Current
Close

Jet Airways
Jindal Saw

134.30

54.30

137.60
56.85

1.40

5512

194132
44752

18.15

NA

201110

28.69

1107630

14.26

13492

8.29

453/285

360/247

5328

162275
64341

4626

216/150

158378

232/75

3918

991

NA

776/167

183969

12.19

724/436

270090

23.26

54/31

61619

19.8

1449/356

289936

59.94

1022/461

52452

6.37

146/64

1403

41881

19.96

515/333

34415

NA

3.18

2593243

4.82

999843

15.7

225/109

1757

3801

45656

103/50

12089

96/36

7134

34.50

36.80

36.80

33.40

34.65

0.43

JSW Holdings

453.60

455.50

474.00

449.00

454.80

0.26

Jubilant Fd

777.85

785.00

799.50

771.90

785.80

73.60

73.95

75.00

73.60

74.50

466.05

467.20

469.50

459.60

465.35

-0.15

12.60

13.17

12.79

2.32

5468785

433.55

-1.71

199125

20.86

492/363

19362

988.90

0.29

51207

14.18

1348/906

28571

27658

7.77

290/166

2119

5985

4.94

7950/5332

9.27

305/136

7.67

1419/1102

JSW Energy
JSW Steel

K S Oils

Karnataka Bk
Kingfisher

Kotak Mah Bank

L&T

Lanco Infra

41.50

629.25
6.45

21.10

1,134.55

12.50

42.00

632.00
6.57

21.55

45.60

648.30
7.40

22.55

1,137.00 1,147.50

41.95

618.20
6.51

21.50

43.50

638.75
7.26

22.00

1,122.00

1,143.55

12.60

LIC Hsg Fin

230.90

230.00

234.20

229.00

231.30

Mah & Mah

689.85

691.70

691.70

669.10

678.80

Lupin

Maruti Suzuki

441.10

986.00

438.05

987.40

438.10
996.00

428.90
972.95

Max India

151.70

152.10

155.00

151.40

152.20

MphasiS

327.25

330.00

336.00

328.50

334.25

Mcleod Russl
MRF

NHPC

NMDC
NTPC

Oil India
ONGC

OnMobile Glb

Opto Circuit
Oracle Fin

Orchid Chem

Oriental Bank
Pantloon Rt

Patni Comp

Petronet LNG
PNB

Polaris Finan

Power Fin

Power Grid

12

Prev
Close

Praj Ind

PTC India

198.30

7,245.85

19.50

168.95

158.10

1,110.25

261.40

73.25

203.10

2,022.10

148.65

223.10

146.60

465.05

162.65

861.65

139.90

147.90

1.51

1134617

12.56

5832660

4.27

2408254

1.02

1.22

0.79
0.17

-1.60

2.14

13807

7,151.00

7,214.00

-0.44

174.80

169.20

172.60

2.16

1,115.00 1,115.00

1,102.30

1,103.25

-0.63

73.60

0.48

7,272.00 7,355.00
19.60

170.80

158.50

20.00

160.15

261.00

262.85

204.80

214.50

150.90

154.30

151.00

161.40

73.30

76.70

2,002.10 2,029.95
224.40

465.00

164.00

864.90

140.00

148.50

227.80

468.00

166.45

889.70

142.60

153.50

192.60

19.40

157.55
258.55

72.55

204.80

19.80

159.20

259.10

211.40

2,002.10

2,024.95

222.30

225.80

149.05

150.65

462.00

161.50

860.15

131.20

146.65

149.95

152.55

462.85

161.50

879.70

140.20

150.30

4.09

0.14

245/150

15.53
NA

8.54

166764

0.21

37153

9585

36270

1.62

324172

1.04

195235

43.95

45.00

45.50

43.10

44.85

2.05

92185

399638

41677
4026

7022
3059

3940

155/54

325/112

370/125

1234/751

8.37

299/130

22.35

95/62

8.69

3080

10979

310/183

6.06

16.87

69968

221672

485/250

6.76

1095

326/227

16.56

13.55

309

131268

406/190

47.67

5102

198/152

5.21

6.91

505

14252

24355

32565

8.87

9095

28/18

2375/1699

-0.71

-2.24

712/277

18.46

1929310

2.09

215/137

3039

4.06

-0.47

875/585

8.02

183601

476180

1.21

9.8

59/9

279290

0.87

100.40
82.70

8810

130889

63/18

12.43

13.6

-0.88

45/5

1933/971

803375

145207

1056/464

17.19

0.70

100.10

79.20

NA

9.04

102.50

84.30

NA

1047939

102.50

81.60

15.81

1.54

102.70

81.85

266805
19120

-2.37

201.60

197124

0.33

193.60

199.00

311923

18.51

186/105

214/113

68431

26528
868

16997

1056

6588

3408

6225

12113

27870
1393

19839

112/94

46482

117/38

1323

1528

CompanyName

Punj Lloyd

Ranbaxy Labs

Raymond

Reliance Cap

Reliance Com

Reliance Ind

Reliance Infra

Reliance Power

Renuka Sugar
Rolta

Ruchi Soya

Rural Elect

S Kumars N

SAIL

SBI

Sesa Goa

Shriram TrFn

Siemens

Sintex Ind

Sterlite Ind

Sun Pharma

Sun TV Net

Suzlon Energy

Syndicate Bank

Tata Chem

Prev
Close

Open

441.35

439.05

44.20

44.50

High
(Rs))

45.40

445.05

Low

43.90

435.10

Current
Close

44.55

0.79

443.00

326.20

335.50

324.00

327.25

1.55

81.05

81.30

83.80

80.00

82.00

1.17

403.25

1.20

281.25

283.50

287.80

277.30

281.70

735.15

738.60

751.90

731.30

748.35

79.90

79.90

82.70

79.25

81.25

398.45

29.50

67.40

92.70

398.55

29.60

67.95

93.80

412.05

30.80

69.70

95.00

395.85
29.05
67.55

92.35

1.24

167.75

161.65

164.85

88.05

88.90

92.25

88.40

91.55

168.90

178.20

1,702.05

167.55

498.10

29.50

1,706.70 1,733.35
496.50

519.80

27.75

28.25

1,694.40

1,725.75

496.50

513.50

168.00

176.75

-0.50

95.85

96.70

101.20

96.70

100.50

516.05

518.50

522.50

510.55

71.75

521.35

278.80

278.80

282.90

277.05

279.85

81.80

82.05

83.60

81.80

82.60

19.65

320.30

19.90

322.00

20.70

322.00

19.50

312.50

20.50

313.75

112.20

552.00

563.00

543.00

112.20

TTK Prestige

TVS Motor

UCO Bank
UltraTech

Union Bank

Unitech

United Phos

United Spirt

Videocon Ind
Vijaya Bank

VIP Ind

Voltas

Welspun Corp
Wipro

Yes Bank

Zee Enter

3.09

704.20

69.00

Tata Mot-DVR

Titan Ind

1.39

5.49

698.05

72.80

216.55

TCS

2.54

3.98

707.15

70.00

215.00

Tech Mahindra

1.35

707.15

69.00

218.45

Tata Power

2.30

707.75

217.00

Tata Steel

1.69

93.85

163.80

27.95

1.80

2.03

68.95

162.65

27.55

0.16

30.10

216.60

Tata Motors

0.37

322.25

Tata Comm

Tata Global

% Chg

93.75

204.95

94.05

371.80

1,166.80

611.80

180.80

2,533.60

48.30

56.30

1,165.25

178.05

22.70

145.20

523.40

184.75

50.90

85.55

82.35

100.95

403.35

264.30

115.95

94.00

206.05

94.90

95.30

207.40

95.00

373.10

384.00

612.00

627.00

1,172.00 1,175.45
182.10

185.00

48.60

49.50

2,538.30 2,552.00
56.60

57.35

180.00

188.00

1,175.00 1,175.00
24.75

145.75

527.75

185.00

51.30

86.00

82.45

101.00

402.50

266.00

116.60

24.75

146.80

550.00

186.90

51.60

88.40

84.90

104.40

406.90

274.90

118.90

92.40

201.75

4.33

0.98

-2.05

-0.02

99.70

399.55

262.80

115.60

6.69

11.2

1070/688

245061

1431184

29.87

155/69

22792

159448

2.86

155/50

1112

2345030
52239

405974

988996

856084

NA

20.14

852/328
93/23

129/81

9.53

180/73

37815

2.22

82/22

10.02

2960/1576

109585

29321

9.01

832/416

11616

4.56

346/149

1930960
68374

4.73

28.54
3.91

132/67

4735

54209

10.17

NA

58/17

7993

120/80

5745
64942

7.26

260/138

2.88

1250086

3.42

666/332

1.32

16991

186.65

22.93

1247/903

222563

1.36

428268

31.7

238/147

16269

0.93

314645

70/44

2316

-1.09

0.09

9.95

3.37

3200/1376
122/45

7894

2837

3536

15.55

1228/890

31217

5.07

5116043

15.39

63/17

6240

3.39

288387

14.35

1415/479

7078

0.39

248027

5.01

96/44

2415

4.83

88909

51267

17484

0.64

1975656

1.73

192219

83.00

0.79

401.45

-0.47

115.85

-0.09

272.30

401427

27.02

798/524

22046

36690

4872

-0.95

102.70

12785

9.11

140/81

200699

183.00
86.10

154/80

82.95

-0.86

51.10

NA

6172

301418

143.95

541.15

3644

393/288

270/176

2079856

0.00

53991

11028

12.73

13130

540/392

1959

530/215

-0.15

56.35

15361

13.76

6900023
47998

195/59

204.65

48.75

840

527188

750650

14.54

2,505.95

3128

16278

157775

619.90

2021

289/144

-0.91

382.50

10632

6.14

92.90

23.85

85.30

550266

830840

6919

16925

27709

1.03

22.20

82.45

143/61

0.38

-2.25

50.30

15.98

2009

33780

1,139.05

182.60

3090663

641/226

190/86

1,135.00
143.25

418/245

41.12

5.96

183.25

520.65

NA

1036015

1480

18695

2546598

182.00

178.50

107/37

595/367

4.85

-2.54

55.55

NA

23964

1,137.15

48.50

189759

NA

Market Cap
(Rs in crore)

951/627

1,133.15
2,490.00

78121

52wk
High/Low (Rs))

28.04

-1.22

612.00

793238

P/E
(times)

15639

3.99

92.90

92.25

371.00

Volume

3.03

225478
83902

317773
36996

4.91

12.27
8.92

17.94

359/156

171/120

219/162
205/73

9787

6648

5545

1217

7.96

219/72

2746

18.52

490/310

98686

146/106

11193

5.14

11.33
17.34

217/65

341/231

2339

9583

Disclaimer: The Smart Investor gives an unbiased and competent picture of investment opportunities. However, prices can move up or down due to unforeseen circumstances. Therefore, The Smart
Investor does not take any responsibility for investment decisions taken by readers on the basis of information provided herein. EDITOR: A K BHATTACHARYA

13

STOCK REPORT
RECOVERY FROM INTRADAY LOWS

Company

United Breweries
Thiru Aroor. Su.
Falcon Tyres

High

Low

Close % Chg

429.00

339.50

418.40 23.24

31.65

25.05

30.65 22.36

84.00

68.05

83.80 23.14

Indian Hume Pipe

107.00

88.00

106.85 21.42

Sunteck Realty

306.70

242.00

292.00 20.66

Indian Terrain

98.00

81.50

97.95 20.18

Alphageo (India)
Walchan. Inds.

RPP Infra Proj.

Lovable Lingerie
Eimco Elecon(I)

Ansal Properties

79.50
95.50

63.85

386.30

186.95

34.00

61.55

72.60

51.10

323.00

156.00
28.10

Aegis Logistics

148.50

125.00

A2Z Maintenance

110.75

93.50

Centum Electron

Liberty Shoes

NDTV
HEG

Kalpena Inds.

Lak. Prec. Screw

Chromatic India
SPML Infra

Salzer Electron.

McDowell Hold.

55.00

85.55
41.40

46.35

72.40
35.05

74.60

87.35 20.32

61.35 20.06

386.30

33.50 19.22

148.50

18.8

55.00 18.66

85.55 18.16
41.00 16.98

208.50

173.60

201.75 16.22

39.80

32.50

37.65 15.85

102.70

83.60

96.10 14.95

68.60

74.00

52.30

47.40

58.00

61.55

45.30
40.00

High

Low

67.30 16.03

71.05 15.43

52.00 14.79

45.85 14.63

Close

% Chg

36.90

29.20

30.00

Savera Industrie

37.95

31.55

31.55 -16.86

Hindustan Media
Rasoi

Uttam Sug.Mills
Ashika Credit

Lincoln Pharma.

Inventure Grow.
KIC Metaliks
Choice Infra

Control Print

J.K. Agri Gene.

Goenka Diamond
Asian Granito

Bharat Rasayan
Shriram EPC
Archies

Manjeera Constr.
Rajratan Global
Ecoplast

33.30

27.10

Buy

10-JAN-12
09-JAN-12
07-JAN-12
06-JAN-12
05-JAN-12
Name

2782.51
1790.95
3.65
1852.48
2247.61

-18.7

27.60 -17.12

136.95 106.65 115.60 -15.59

FII
Sales

2458.19
1827.41
32.28
1842.04
1866.19

Net

324.32
-36.46
-28.63
10.44
381.42

Buy

1122.85
583.75
1.79
618.95
795.65

DII
Sales

1237.96
554.49
7.88
817.83
1084.86

Ex-Date

AUTOM AXLE
SIEMENS
KALE CONSULT
HCL TECHNO
MOTILAL OSWL
PERSISTENT S

JAN 12, 12
JAN 16, 12
JAN 17, 12
JAN 20, 12
JAN 20, 12
JAN 25, 12

Purpose

DIVIDEND
DIVIDEND
DIVIDEND
DIVIDEND
DIVIDEND
DIVIDEND

Qty000 Price (Rs) Chg (%)

GSS Info.

291.46

40.10

4.97

Usher Agro

151.27

37.95

4.98

A2Z Maintenance 164.38 110.75 19.99

KSK Energy Ven.

Lovable Lingerie

52.24

44.45

9.89

50.01 386.30 19.99

Rama Paper Mills 38.07

31.65

Liberty Shoes

85.55 19.99

Edserv Softsys.

38.06

29.13

Golden Tobacco

23.18

48.60

4.98
4.97

37.05 19.90

ICSA (India)

15.52

29.80

4.93

Jain Irrigation

10.47

96.70

4.82

6.91 136.60

5.00

Aegis Logistics

12.53 148.50 20.00

Bombay Cycle

10.35

Unichem Labs.

72.90

4.97

Rs.

10.00
6.00
-

INTERIM
INTERIM
INTERIM
INTERIM

ONLY BUYERS

Company

Company

Aptech

Twilight Litaka

Rel. Indl. Infra

Provogue (India)

IL&FS Engg.

Net

-115.11
29.26
-6.09
-198.88
-289.21

FORTHCOMING CORPORATE ACTIONS

110.75 18.45

Nagpur Power

Simm. Marshall

14

19.6

186.35 19.46

FALL FROM INTRADAY HIGHS

Company

21.2

FII & DII TURNOVER (BSE + NSE)

Rs CR)
(R
Date

Qty000 Price (Rs) Chg (%)

6.87

96.60

6.28

28.40

5.60

26.50

6.16 424.95

5.35

56.40

6.27

4.99

8.01

7.72

6.82

TCI Finance

5.33

26.10

9.89

Tuni Text. Mills

4.94

45.95

4.91

Anant Raj Inds.

Indbull.RealEst.

5.01

4.15

55.10

56.15

6.17

7.16

Dish TV

4.04

61.05

5.81

Money Mat.Fin.

2.96 100.75

9.99

Anukaran Commerc 3.70

Uttam Galva

Sunlake Resort

2.08
2.00

35.15

70.50
34.90

4.93

8.80
4.96

399.00 337.60 338.00 -15.29

30.90

61.90

31.90

25.80

26.30 -14.89

26.65

27.40 -14.11

53.00

53.05

-14.3

172.45 148.50 150.30 -12.84

207.95 181.05 181.30 -12.82
36.90
33.85

32.20
28.05

32.20 -12.74
29.55

289.95 254.00 254.00

41.00

40.85

35.15
34.75

-12.7
-12.4

35.95 -12.32
35.90 -12.12

144.45 124.10 127.00 -12.08

Company

Sterling Intl

ONLY SELLERS

2,690.30

NCL Res. & Finl.

Alchemist

Gallantt Ispat

7.16

63.60

42.75

-4.93

-4.79

77.80

-4.95

SKP Securities

Aroma Ent.

80.00 -11.11

Krishnadeep Trad

30.35 -10.87

Visagar Finan.

28.25

44.92

Odyssey Corpn.

Indian Bright St

80.00

34.05

-4.98

-4.86

90.00

137.65 122.00 122.50 -11.01

55.69 161.15

-4.96

31.35

91.50 -11.93
28.75 -11.54

-4.96

Provestment Serv 6.00

91.50
28.35

47.95

Ashutosh Paper 180.10 106.40

103.90

32.50

Qty000 Price (Rs) Chg (%)

3.10

2.50

2.00

1.90

39.35

27.55

25.30

-4.95

-4.84

-4.89

The Byke Hospit.

1.33

90.30

-5.00

Baid Global

1.09

44.70

-4.99

1.32 100.85

0.90 112.00

-4.99

-4.96

Company

Mercury Metals

Cindrella Hotels

Schablona India

Everonn Educat.
Ausom Enter.
N K Inds.

Weizmann For.

Munoth Capital
Hind.Copper
STC

Shaily Engineer.

Ishan Dyes & Ch.

Kiri Indus.

Best Eastern Hot

Qty000 Price (Rs) Chg (%)

0.70

27.55

-4.84

0.24

33.95

-4.90

0.38

33.15

0.21 441.10
0.20

33.10

0.17

54.40

0.20

0.17

64.00

53.50

0.16 286.40
0.16 208.35
0.16 114.05
0.10

38.50

0.05

25.75

0.07

86.85

-4.88

-5.66

-4.89

-5.88

-4.98

-4.97
-5.71
-5.89
-4.96

-4.82

-4.98

-4.63

Group

A
B
T
Z
TOTAL

Adv

134
1473
260
1
1868

ADVANCES/DECLINES

Adv as %
of Total

Decl

65.37
64.83
56.89
50

70
716
164
1
951

Decl as %
of Total

34.15
31.51
35.89
50

52-WEEK HIGHS

Company

Price (Rs)

Company

Alfa Laval (I)

2,741.10

Rander Corpn.

91.90

Terai Tea Co

77.20

Commercial Eng.

68.30

Mathew Easow Res

62.00

Astrazeneca Phar
Ravinay Trading

Simplex Trading

Esaar (India)

Micro Techno.

Punjab Commun.

Indag Rubber

Hingir Rampur

Kale Consultants

Dr Agarwal`s Eye

Kamat Hotels

P.M. Telelinnks

Ind-Swift Labs.

Amtek India

Company

United Breweries

Sunteck Realty

Shaily Engineer.
PFL Infotech

Alchemist

1,556.85

408.00

Bil Energy Sys.

252.10

Bombay Cycle

173.05

Monotype India

166.90

Krishna Vent.

203.80

170.50

155.75

53.95

63.60

Vardhman Concr.

Marg Projects

Sterling Biotech

Sh. Krishna Pap.

32.65

LML

Patidar Build.

27.60

Aroma Ent.

25.30

Rich Universe

20.50

Deltron

Mercury Metals

Asit C Mehta Fin

30.35

27.55

21.80

13.90

Innovative Tech

13.60

Nexxoft Infotel
Kiran Syntex
Adi Rasayan

Ace Soft. Exp.

Sonal Adhesives

Mansi Fin.(Chen)

Company

Pasupati Acrylon
Winsome Brew.

7.33
7.26
6.37

6.11

5.95

Restile Ceramics

5.01

5.20

28.65

25.55

24.05

18.70

18.70

16.31

13.39
5.20

4.48

4.30

Price (Rs)

4.20

4.00

Sarda Papers

3.62

Sh. Rajeshw. Pap

3.35

Virtualsoft Sys.

3.02

Maruti Sec.

Sheetal Diamonds

Duropack

Advent Computer

10.50

7.68

35.15

34.30

8.41

Rockon Fin.

8.00

Price (Rs)

Maximaa Systems

11.05

8.52

205
2272
457
2
2936

14.50

NR Intl.

8.84

Total

Vardhman Concr.

13.00

10.90

Dhoot Indl.Fin

30.65

14.50

Amal

37.95

Thomas Cook (I)

Price (Rs)

12.25

Usher Agro

Falcon Tyres

36.80

Chokhani Sec.

Belapur Inds.

33.20

40.50

52-WEEK LOWS

Company

42.75

Prism Infor.

Unno Industries

Jarigold Text.

Richirich Invent

Gallantt Ispat

38.15

Cybele Inds.

39.00

Dr Wellmans Hmp.

Bemco Hydraulics

Emergent Energy

Pasupati Fincap

Avon Organics

58.95

47.95

Rajeswari Infra.

Mobile Telecom.

Lords Chemicals

Sterling Intl

Anukaran Commerc

48.35

Indian Infotech

76.80

Company

Pentokey Organy

98.60

114.05

0.49
3.65
7.22
0

Seshachal Tech.

Samrat Pharma

292.00

59.45

1
83
33
0
117

Unch as %
of Total

54.90

119.00

418.40

67.90

Sanket Intl.

124.50

Price (Rs)

72.90

57.70

Banas Finance

114.35

80.00

Essen Supplement

141.10

137.10

Price (Rs)

Unch

Unjha Formul.
Mid East Port.

PAL Credit & Cap

NCC Finance

3.40

3.22
2.90
2.65
2.01

1.87

1.78

Volant Textile

1.58

Bombay Talkies

0.99

GCV Serv.

Prraneta Inds.

Yantra Natural

Fourth Gen.

1.49

0.46

0.45
0.42

S&P CNX NIFTY MOVERS

Company

ACC
Ambuja Cem.
Axis Bank
BHEL
BPCL
Bajaj Auto
Bharti Airtel
Cairn India
Cipla
Coal India
DLF
Dr Reddy`s Labs
GAIL (India)
Grasim Inds
HDFC
HCL Technologies
HDFC Bank
Hero Motocorp
Hind. Unilever
Hindalco Inds.
IDFC
ICICI Bank
ITC
Infosys
JP Associates
Jindal Steel
Kotak Mah. Bank
Larsen & Toubro
M&M
Maruti Suzuki
NTPC
ONGC
Power Grid Corpn
Punjab Natl.Bank
Ranbaxy Labs.
Rel. Comm.
Reliance Inds.
Reliance Infra.
Reliance Power
SAIL
Sesa Goa
Siemens
St Bk of India
Sterlite Inds.
Sun Pharma.Inds.
TCS
Tata Motors
Tata Power Co.
Tata Steel
Wipro

Company

Close (Rs) Chg (Rs) Chg (%)

1,116.60
150.45
933.65
264.75
507.50
1,456.90
325.65
332.85
340.55
320.40
190.90
1,650.75
380.30
2,403.50
680.95
415.30
462.65
1,809.30
392.50
130.35
105.25
780.15
203.30
2,826.60
57.00
488.30
465.25
1,147.10
680.35
987.90
159.70
259.60
100.20
880.45
443.70
82.10
748.25
404.60
81.15
91.50
176.95
704.45
1,726.95
100.70
520.65
1,137.00
204.90
92.70
383.00
401.30

ADR PRICES

Dr Reddy`s Labs
HDFC Bank
ICICI Bank
Infosys
MTNL
Patni Computer
Satyam Computer
Sterlite Inds.
Tata Comm
Tata Motors
Wipro

Close ($)

31.57
27.85
29.95
55.92
0.98
17.72
2.74
7.45
8.33
19.88
10.23

* Over prev closeAs on Jan 10, 12

0.55
-1.65
38.90
0.10
24.80
27.40
-4.70
-4.95
-5.25
2.35
6.15
32.65
-0.50
-51.15
-3.05
-4.60
2.95
33.90
-2.95
7.20
3.25
5.65
-1.85
-37.00
1.90
-11.25
-1.25
13.30
-8.85
1.55
1.70
-1.60
-2.40
20.65
2.90
1.05
12.05
5.50
1.40
3.30
9.35
-2.70
24.35
4.85
4.30
-28.40
-0.20
-1.30
11.25
-2.25
Chg

0.68
0.76
1.71
0.58
0.01
0.34
0.09
0.20
0.16
0.75
0.05

0.05
-1.08
4.35
0.04
5.14
1.92
-1.42
-1.47
-1.52
0.74
3.33
2.02
-0.13
-2.08
-0.45
-1.10
0.64
1.91
-0.75
5.85
3.19
0.73
-0.90
-1.29
3.45
-2.25
-0.27
1.17
-1.28
0.16
1.08
-0.61
-2.34
2.40
0.66
1.30
1.64
1.38
1.76
3.74
5.58
-0.38
1.43
5.06
0.83
-2.44
-0.10
-1.38
3.03
-0.56

Chg (%)

2.20
2.81
6.06
1.05
1.03
1.96
3.40
2.76
1.96
3.92
0.49

15

STOCK REPORT
Client Name

Buy/Sell

Everonn Edu

Crosseas Capital Services Private Limited

Buy

Everonn Edu

Everonn Edu

A K G Securities And Consultancy Ltd

Crosseas Capital Services Private Limited

Buy

Sell

Quantity

Price(Rs)

Amt(CR)

237328

442.83

10.51

382854

237313

449.10

10.49

446.37

4.79

R M Shares Trading Private Limited

Buy

107380

447.63

Sterl Holidy

Leena Investments Consultancy Llp

Sell

540000

84.50

Sterl Holidy

Rel Ind Infra

Rel Ind Infra

R M Shares Trading Private Limited

Beacon India Private Equity Fund

A K G Securities And Consultancy Ltd

Sell

Buy

Sell

107380
540000

121559

84.50

4.29

361.40

2.97

368.60

Ind Swift Lb

M/S M & M E Systems Private Ltd.

Sell

325000

106.58

Rel Ind Infra

Crosseas Capital Services Private Limited

Sell

82077

360.79

Rel Ind Infra

Acropet Tech

Crosseas Capital Services Private Limited

Orange Mauritius Investments Limited

Buy
Sell

808000
82077

1329140

4.56

53.10

121559

Sell

4.56

4.49

Buy

Madhavi Mundhra

4.81

368.96

A K G Securities And Consultancy Ltd

Banas Fin

17.19

442.21

Everonn Edu
Everonn Edu

13.50

4.48

3.46
2.96

1.79

Acropet Tech

India Max Investment Fund Limited

Buy

1329140

13.50

1.79

Karma Inds

Arti Singal

Buy

200000

46.58

0.93

Shirpur Gld

Karma Inds

Karma Inds

KEI Ind

KEI Ind

Kernex Micro

C S Orbit Investments Ltd

Multiplast Trading Company Private Limited

Kina Dilip Mewada

Dimensional Securities Pvt Ltd Error Account

Dimensional Securities Pvt Ltd Error Account

Crosseas Capital Services Private Limited

Sell

Buy

Sell

Sell

160000

177849

165022

417000

Buy

417000
68961

Buy

68961

71.70

46.58

45.86

15.63

15.63

78.85

Kernex Micro

Crosseas Capital Services Private Limited

Sell

Dazzel Conf

Yogeshkumar Sureshbhai Parmar

Buy

1219876

Anju Anil Chokhani

Sell

60000

55.91

43600

55.51

Bedmutha Ind

Gss Infotech

Essen Suppl

Dazzel Conf

Essen Suppl

Ashikacr

Tutis Techn

Guj.Meditech

Nitin Babaji Palande

Gulab Shrimal

Yogeshkumar Sureshbhai Parmar

Samiksha Resources Private Ltd

Khanij Metal Private Limited

Coral Hub Limited

Buy

Buy

Jayesha Vikas Patwa

Shrish L Keniya

Venkateswara Capital Management Ltd

26.45

100000

38.20

882846
36000

113428

Sell

64143

Sell

Buy

Sell

Sell

78.81

197773

Sell

Buy

Hassaram Rewachand Budhrani

Prabhav Ind

Sell

Usmanbhai Kadadbhai Nurani

Rama Paper
Action Fin

Sell

Sell

Usmanbhai Kadadbhai Nurani

Action Fin

Sell

Nikunj V. Patel

Pasupati Fin

Pasupati Fin

16

BULK DEALS

BSE
Company

3.14

3.14

57.50

15.07

1.15

0.83

0.76

0.65

0.65

0.54

0.54

0.52

0.38

0.38

0.34

0.28

0.24

0.21

0.17

80000

20.70

0.17

60022

24.58

0.15

43000

50100

50000

315000

24.57

30.15

25.00

25.00
3.76

0.16

0.13

0.13

0.13

0.12

BULK DEALS

NSE
Company

Client Name

NSE

ABG Shipyard

Buy/Sell

BAKULESH TRAMBAKLAL SHAH

ICRA

SELL

IDFC MUTUAL FUND

ICRA

Everonn Educat.

Everonn Educat.

Mahindra Life.

Everonn Educat.

Everonn Educat.

SELL

RELIANCE MUTUAL FUND

CROSSEAS CAPITAL SERVICES PVT. LTD.

CROSSEAS CAPITAL SERVICES PVT. LTD.

AMANSA INVESTMENTS LTD

R.M. SHARE TRADING PVT LTD

447.41

4.81

BUY

370000

250.00

107533

BUY

SELL
BUY

84899

81945

81945

BHAVANI PORTFOLIO PRIVATE LTD

BUY

250000

DHANVANTI VALLABHJI GOGRI

SELL

435494

BUY

CROSSEAS CAPITAL SERVICES PVT. LTD.

NITIN BABAJI PALANDE

Quarterly Results
Quarterly Results
Quarterly Results
Quarterly Results
Quarterly Results
Quarterly Results
Quarterly Results, to consider the
audited consolidated financial
results of the Company and its
subsidiaries for the third quarter
and nine months ending
December 31, 2011.
Quarterly Results
Quarterly Results
Quarterly Results
To consider the following:To
consider resignation of
Mr. Lalit Kumar Dangi as
a Managing Director and continue
as a Director. & Quarterly Results
Quarterly Results
Quarterly Results & to discuss the

BUY

SELL

MUKESH KHIMCHAND GANDHI

Asahi Ind
Bervin Inv
DCB
Geojit BNP
GRUH Finance
HDFC
Infosys

BUY

SELL

MUKESH KHIMCHAND GANDHI

Purpose

SELL

SELL

GULAB SHRIMAL

Company

Sanghi Ind
Sheel Intl

10.48

442.81

10.50
9.25

3.15

NITIN BABAJI PALANDE

Jaybh Text
KSL & Inds
Libord Sec
Libords Fin

441.86

237166

377.38

Bedmutha Indus.

JAN 12

237166

83558

CROSSEAS CAPITAL SERVICES PVT. LTD.

Bedmutha Indus.

BUY

SELL

SELL

Kernex Microsys.

Bedmutha Indus.

16.00

SHREE NAMAN SECURITIES & FINANCE PVT. LTD

JAYA CHANDRAKANT GOGRI

Bedmutha Indus.

800.00

4.79

Aarti Inds.

GSS Info.

18.00

200000

445.86

CROSSEAS CAPITAL SERVICES PVT. LTD.

Kernex Microsys.

23.57

107533

CROSSEAS CAPITAL SERVICES PVT. LTD.

Aarti Inds.

392.90

800.00

BUY

Rel. Indl. Infra

Aptech

Amt(CR)

R.M. SHARE TRADING PVT LTD

SHREE NAMAN SECURITIES & FINANCE PVT. LTD

Rel. Indl. Infra

600000

225000

Price(Rs)

BUY

SELL

Rel. Indl. Infra

Rel. Indl. Infra

Quantity

BUY

FORTHCOMING BOARD MEETINGS

Company

Soma Papers & I

TTK Prestige
JAN 13

Asianlak Cap

CMC
Eskay Knit

Purpose

following:1. To review the

performance of the Company.2.
To Adopt & Approve the Scrutinizer
report on the Postal Ballot.3. To
Lease of 2 Acre Land & Building to
Vitro Biotechnologies Ltd.4.
Progress of Legal Case pending
against the Company.
Quarterly Results
Quarterly Results

To consider the following agenda:1. To change name of Company.

2. To Shift Registered Office of the
Company.3. To consider about
entering into new line of business.
4. To give effect in Memorandum &
Articles of Association if Board
considers and approves above
agenda.
Quarterly Results
Quarterly Results

435494

69056

69056

183195

183195

100000

125000
25000

Company

Globus Construc

K-Lifestyle
Sintex Ind
Triveni Turbine
JAN 14

Aro Granite
Blue Bird
Jay Bhar Ma
Jubilant Ind
Padam Cotton
Southern Isp

JAN 15

Aut Corp Goa

Cityman

375.06

361.53

360.41

3.18

2.96

2.95

89.98

2.25

49.00

2.13

49.00

78.92

78.75

27.69

2.13

0.54

0.54

0.51

27.25

0.50

26.03

0.33

38.40

28.00

0.38

0.07

Purpose

Audited Results for Nine Months for

the F.Y 1st April, 2011 to 31st
December, 2011
Quarterly Results
Quarterly Results
Quarterly Results

Quarterly Results
Quarterly Results
Quarterly Results
Quarterly Results
Quarterly Results
To consider the resignation of
Mr. E. Sankaranarayana, Director
from the Board.

Quarterly Results
Quarterly Results

17

STOCK REPORT
(Rs crore)
Company

18

Quarter
Ended

Net
Sales

GAS DISTRIBUTION
GAIL
Sep 11 9726.40
Petronet LNG
Sep 11 5366.87
Guj Gas
Sep 11
653.31
Indraprst Gs
Sep 11
597.49
Guj Petronet
Sep 11
281.37
Total
16625.44
HOTELS
Indian Hotel
Sep 11
357.56
EIH
Sep 11
237.15
Hotel Leela
Sep 11
127.94
Sep 11
10.96
Sterl Holidy
The Byke Hosp
Sep 11
6.77
Total
740.38
INFORMATION TECHNOLOGY
TCS
Sep 11 11633.49
Wipro
Sep 11 9094.50
Infosys
Sep 11 8099.00
Redington
Sep 11 5435.71
HCL Info
Sep 11 2791.65
HCL Techno
Sep 11 1979.22
Mahi Satyam
Sep 11 1577.71
Tech Mahindra
Sep 11 1333.29
MphasiS
Oct 11 1313.76
Patni Comp
Sep 11
891.78
Glodyne Tech
Sep 11
659.19
Oracle Fin
Sep 11
618.34
Firstsource
Sep 11
533.03
Moser Baer
Sep 11
531.99
Polaris Finan
Sep 11
523.12
Spanco
Sep 11
502.24
3i Infotech
Sep 11
497.70
Sterling Int
Sep 11
489.35
Rolta
Sep 11
485.85
MindTree
Sep 11
456.70
Infotech Ent
Sep 11
372.60
Hexaware Tch
Sep 11
366.00
CMC
Sep 11
357.69
Coreedutec
Sep 11
353.22
Vakrangee
Dec 11
340.58
KPIT Cummins
Sep 11
325.02
ICSA India
Sep 11
320.09
Educomp Sol
Sep 11
319.77
Zylog System
Sep 11
259.60
Geodesic
Sep 11
240.86
NIIT
Sep 11
196.32
NIIT Techno
Sep 11
190.87
Micro Techo
Sep 11
177.52
LGS Global
Sep 11
163.07
Tata Elxsi
Sep 11
137.35
Subex
Sep 11
128.90
Finan Techno
Sep 11
123.14
Everonn Edu
Sep 11
79.56
Aptech
Sep 11
47.42
Kale Consult
Sep 11
38.71
Edserv Soft
Sep 11
36.15
Total
54022.06

%
chg

Net
Profit

%
chg

BS TOP 500

OPM TTM P/E

(%) (Times)

19.66 1094.41 18.50 18.42

75.52 260.33 98.54 8.73
28.52
80.47 42.73 19.69
33.73
77.22 16.51 26.68
10.57 129.30 41.28 96.90
34.12 1641.73 29.39 16.97

12.62
13.64
15.02
18.14
7.43
12.67

8.85
9.31
17.34
54.37
13.40
10.91

26.86
38.40
69.64
53.33

25.27
17.64
16.58
39.77
-5.80
32.10
26.99
-13.08
-2.35
8.08
37.69
6.17
7.83
3.15
30.22
43.96
-22.64
31.65
13.63
18.81
26.10
29.91
31.55
26.54
30.62
44.74
-1.63
15.53
15.74
13.22
11.72
-6.40
26.96
32.73
37.17
3.74
12.76
-26.37
-12.10
15.76
68.30
18.07

8.12
- 18.44
16.59
- 21.17
-64.90
- 10.85
-11.71
0.26 18.18 9.16
-51.64
- 16.50
2301.00
1300.90
1906.00
61.27
12.15
397.55
238.24
240.44
183.03
90.27
52.58
165.42
21.45
-62.06
53.94
17.24
25.24
81.88
62.16
54.50
30.74
64.70
32.63
74.96
17.27
36.48
20.84
12.77
43.25
60.09
7.23
28.10
37.27
20.12
10.97
-12.95
69.24
-3.77
6.62
8.46
1.49
7769.71

6.08 29.91
1.25 21.57
9.73 32.94
24.31 2.42
-74.40 1.75
104.00 29.33
922.05 21.41
59.59 30.19
-35.54 21.88
-37.51 18.18
34.65 19.04
-21.79 40.62
-35.41 9.70
- 15.74
12.02 16.16
0.12 11.98
-60.54 18.75
12.89 19.76
-16.87 38.52
134.91 18.15
-6.82 15.80
53.90 23.21
-25.21 16.25
40.01 39.83
10.85 19.80
53.60 17.87
-29.21 18.58
-77.91 23.76
27.96 31.06
-29.51 48.01
38.77 15.75
4.77 24.05
50.04 38.06
50.04 18.50
48.64 16.06
-18.20 69.53
- 30.35
21.02 20.62
- 36.14
-78.37 14.63
7.39 22.79

23.52
18.60
22.75
12.64
7.77
20.70
44.50
8.99
8.37
16.64
5.20
18.44
3.16
6.74
4.15
1.57
4.18
2.80
11.36
10.18
11.06
16.82
10.90
13.65
12.12
1.25
7.25
4.83
1.22
16.84
10.52
2.53
4.92
18.98
4.94
38.01
17.58
9.86
12.97
3.75
19.48

(Rs crore)
Company

Quarter
Ended

LOGISTICS
Containr Crp
Sep 11
Adani Port
Sep 11
Blue Dart E
Sep 11
Sep 11
Arshyia Intl
GATI
Sep 11
Cox & Kings
Sep 11
Sep 11
Thomas Cook
Guj Pipavav
Sep 11
Aqua Logist
Sep 11
Sep 11
Gateway Dist
Total
MEDIA - ENTERTAINMENT
Zee Enter
Sep 11
Dish TV
Sep 11
Sun TV Net
Sep 11
TV18 Broadcast
Sep 11
Den Network
Sep 11
UTV Software
Sep 11
Reliance MW
Sep 11
Eros Intl M
Sep 11
PVR
Sep 11
Wire & Wirel
Sep 11
Prime Focus
Sep 11
SMIL
Sep 11
Shree Ashta
Sep 11
Total
METAL - NON FERROUS
Sterlite Ind
Sep 11
Hindalco
Sep 11
Hind Zinc
Sep 11
Nat Alum
Sep 11
Hind Copper
Sep 11
Total
MINING
Coal India
Sep 11
NMDC
Sep 11
Sesa Goa
Sep 11
Guj NRE Coke
Sep 11
MOIL
Sep 11
GMDC
Sep 11
20 Microns
Sep 11
Total
OIL & GAS
ONGC
Sep 11
Oil India
Sep 11
Castrol
Sep 11
Tide Water
Sep 11
Total
OIL EXPLORATION
Cairn India

Sep 11

Hind Oil

Sep 11

Aban Offsh
Total

Sep 11

Net
Sales

%
chg

Net
Profit

%
chg

OPM TTM P/E

(%) (Times)

994.55
619.72
388.94
247.96
236.32
136.72
102.14
97.86
81.46
60.12
2965.79

5.33
49.85
32.19
25.47
4.35
27.42
13.74
21.17
-22.70
43.01
18.57

175.42
273.42
29.75
31.85
3.83
27.41
25.05
13.22
5.68
22.57
608.20

-15.15 33.99
29.17 67.34
41.80 12.78
74.14 27.26
2.13 11.67
-20.83 48.57
11.58 45.81
- 48.51
-23.14 13.79
11.46 60.55
13.41 37.38

13.17
25.00
30.54
7.88
20.75
17.17
13.69
59.97
16.09
15.09
20.12

718.38
482.27
451.26
301.96
256.56
240.04
234.61
174.80
138.64
89.29
41.02
0.59
0.06
3129.48

0.96
47.87
6.23
53.05
3.01
-2.78
1.43
-6.33
2.43
21.04
12.69
-23.38
-99.95
6.61

156.00
-48.56
180.12
-8.02
4.43
-28.86
-120.51
27.35
14.20
-13.81
6.38
0.38
24.72
193.82

23.57 32.23
- 27.17
7.57 85.11
- 9.08
-57.85 10.47
-39.68 24.51
58.31 23.03
- 8.04
17.93 47.85
80.95 72.88
44.6568383.33
-35.00 29.21

17.37
13.71
57.70
30.79
190.32
18.11
14.59
41.53
209.47
13.46
38.93

10195.70
6271.87
2636.82
1613.93
269.98
20988.30

67.39 997.78 -1.02 22.59

5.69
7.03 502.52 15.84 13.48 10.17
19.77 1344.69 41.74 69.32
8.98
9.11 139.34 -37.81 17.64 13.59
-17.17
46.46 -17.35 26.73 113.07
31.53 3030.79 13.48 25.41
9.96

13148.08
3062.32
789.74
270.04
248.33
244.06
68.02
17830.59

18.43 2593.11 73.51

24.49 1963.15 42.41
-13.45
1.28 -99.67
10.87
8.04 -18.95
-12.58 100.98 -31.89
-2.03
62.62 12.16
14.96
2.48 57.96
16.46 4731.66 36.22

32.65
95.95
9.66
25.99
63.78
49.07
14.16
42.99

21.44
9.08
4.32
9.71
9.44
12.45
11.71
13.87

22995.36
3357.13
674.10
199.65
27226.24

24.77 8642.23 60.37 67.85

36.07 1138.52 24.29 68.59
4.84
95.10 -18.65 21.85
16.17
11.98 27.99 10.20
25.39 9887.83 53.75 66.38

9.89
7.72
21.54
8.27
9.81

2652.20

-1.27

762.57

-7.91

3445.75

-3.81

30.98 -54.19

763.03 -51.86
79.25

5.44

4.11 -71.79

49.13

61.83

48.03

846.39 -49.46 51.93

8.05

4.28

20.51

7.98

Note: Corporate Scoreboard consists of top BS-500 stocks that account for over 90 per
cent of the market value, volume and trades on the BSE and the NSE combined. For
banks, Net Sales = Interest Income minus Interest Expenses or Net Interest Income.
Data complied by BS Research Burearu