Trading Spotlight

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