Ujjval Jauhari

Although Nalco’s stock hasrebounded from its low of Rs48 in November 2011 to Rs 62

levels now after LME aluminium pricesrebounded from sub $2,000 a tonnelevels to $2,173, its operationalperformance continues to be weak.Unavailability of coal continues to hurtits production while higher prices ofcoal and other raw materials arehurting operating margins. Also, capexplanned for projects to benefit Nalco inmedium to long run will affect itsstrong balance sheet and erode thenet cash position, reckons RavindraDeshpande at Elara capital. In thisback drop, most analyst remainbearish on the stock.

VOLUMES UNDER PRESSURENalco’s performance for December

2011 quarter was affected by loweraluminium prices, high raw materialcosts and coal shortages. Average LMEprices of aluminium were down 10 percent year-on-year (down 12 per centon a sequential basis to $2,133), whilecoal shortage led to closure of 120 outof 931 pots from September-Octoberresulted in a sharp fall in volumes. Ona year-on-year basis, aluminiumproduction at 93,500 a tonne waslower by 15.8 per cent and sales at98,000 declined 21.6 per cent. Though

Nalco added 525ktpa aluminacapacity, its production declined 2.3per cent y-o-y to 389,000 tonnes dueto coal shortages. Alumina sales forthe quarter stood at 1,63,000 tonnes.

Positively, rupee depreciation cameto the rescue saving the day forrevenues(up by 0.4 percent y-o-y.

WEAK OPERATINGPERFORMANCE

Decembe’11 quarter saw causticsoda, CP coke, CT pitch and aluminiumfluoride costs up 23-64 per centrespectively leading to raw materialcosts jumping 28 per cent. Coal costsat Rs 2,000 a tonneup 48 percent y-o-y ledpower and fuel costs surge 28per cent. This coupled with higherwage costs dented operating profitsthat fell 88 per cent year-on-year.

COAL CONTINUES TO CONCERNCoal remains a major concern for

the company as Imported coal costsremain high due to rupee

depreciation. The pots that had beenclosed recently are yet to be restarted.The linkage coal supplies are limited.Giriraj Daga at Nirmal Bang observesthat the company will use importedcoal for blending purpose only and notas a substitute in the wake of domesticcoal shortage. The company hastargeted production of 2.1 milliontonnes of alumina during FY13 butsubject to prices of aluminium andcoal.

Analysts at Angel in their reportobserve that Nalco receivedcompliance letter for its Utkal coalblock during September 2011.However, there is lack of clarity on thecompletion of other regulatoryformalities hence production from thisblock is unlikely to start in FY13.

CAPACITY EXPANSIONSMeanwhile, Nalco plans an

aluminium project in Andhra Pradeshand Indonesia, besides diversifyinginto nuclear power too, which thoughmay fructify only in the long term.Total capex planned for the nuclearpower joint venture is Rs 1,700 crore.For FY13, the capex planned stands atRs 2,300 crore. Besides nuclear powerinvestment, Nalco plans expanding itsalumina refinery further, benefits ofwhich will accrue in FY14. It plans tostart 50MW wind power projects eachat the end of FY12 and FY13.

�� Q&A: Gaurang Shah, Geojit BNP Paribas Fin. Services

�� Analysis: Early signs ofrecovery for Aban

�� RIL may price Rs 4,900 cr bond todayINSIDE

High coal and raw material costs continue to hurt operating margins

STOCK REVIEW: NALCO

9 February 2012, Mumbai

TALK SHOW

2

'Can expect some consolidation'The markets have been on an uptrend in2012. Do you expect them to correct anytimesoon? What are the key (Nifty) levels oneshould keep a tab on?The markets have been driven up on the backof liquidity. The foreign institutional investors(FIIs) have put in around Rs 15,000 crore tilldate in the Indian markets.

On the Sensex and the Nifty, we haverecovered 13% to 15% from the December2011 lows and can expect someconsolidation and profit bookingin the markets to the tune of 4%to 5%. One should keep a tab on5,180 and 4,880 levels on theNifty (spot).

The government has peggedthe FY12 economic growth at 6.9%. Do youthink that this is achievable or will thegrowth actually come in lower than this?The 6.5% figure looks to be more realistic. Idon’t think this will be huge negative giventhat globally we have slowdown andrecession.

How do you see the situation panning out inthe euro-zone? Have the markets factored inthe worst?Greece will default on its obligation, I think.However, we will have to see if any othercountry in the euro-zone gets affected by thisand to what extent.

Do you expect the Indian markets to attracta significant quantum of FII money this year

as compared to the other emergingmarkets? Why?At current levels, the markets look a bitoverbought. But on correction, one willdefinitely see FII flows coming in to India.

The broader markets have beenoutperforming the benchmark indices. Doyou like any stock in this space from amedium-term perspective?

Some of the stocks have regained 50– 70%. I don't think this can continuefor long. As and when the marketscorrect, the broader markets will bethe first one to fall. However, some ofthe stocks we like are Cipla,Glenmark, IRB Infra, YES Bank, IdeaCellular, IndusInd Bank, Tata Chemical

in this space.

What is your investment strategy at thecurrent levels? What are the key takeawaysfrom the December quarter results of IndiaInc?

I feel one should take money off the tablefrom a short-to-medium term perspective. Oneshould start redeploying or making freshinvestment from sub-5,150 levels on Nifty. Addas and when the markets (Sensex or Nifty)correct 5% to 10%.

On Q3FY12 earnings, we feel that therehave been pressure on top-line and bottom-line across the sectors. This may slip over inthe Q4 too, though post that we may seerecovery. However, a lot will depend on howthe Rs /$ equation pans out.

GGAAUURRAANNGGSSHHAAHH, Asst. VicePresident, GeojitBNP ParibasFinancialServices spoketo SSUURRAABBHHII RROOYYon the stockmarkets andeconomy

The markets look abit overbought. Buton correction, onewill definitely see FII

inflows

Read more...

Ravi Nathani, Technical analyst,Nsetoday.com

Jubliant Food looks good on charts whereastarget / resistance would be 1020 for nearterm / Ongc is also looking good on chartswhereas dip below 372 would be the bestbuying opportunity / Tech M could also be

bought at dips as expected strong resistance is at 690........

Ashish Chaturmohta, Vice President (Dervand Tech desk), IIFL Wealth

PCR OI of Nifty has increased consistentlysince January series and is currently tradingat a decent levels of 1.41. Nifty future hasbeen consolidating in a narrow range of5320-5425 in the last couple of days with

high intraday volatility. It caps an important resistance of ....Read more...

3

FEATURES

Jitendra Kumar Gupta

Aban Offshore, whose share pricewas languishing for quite sometime, is up almost 50 per cent in

last one month. The news of GoldmanSachs picking shares of Aban worth Rs22 crore from the open market has alsorubbed off positively on the stock. Theincreasing market interest can partly beattributed to emerging stability in thebusiness, post the downturn seen afterthe 2008 global crisis. Average dailyrates of Jack-up rigs of over 300 feet ofrated water depth have been inching upgradually from $135,000 in June 2011quarter to $147,000 in the month ofJanuary 2012. Aban has 15 Jack-up rigsof which nine have rated depth ranging350-375 feet, while the remaining 6have rated depth of 250-300 feet.In the prevailing scenario, the

company can generate about Rs 2,000crore of cash flow over the next twoyears, which is marginally lower than itscurrent market capitalisation of Rs 2,325crore. If this cash is used for retiring debt,even at 8 per cent rate of interest thiscould mean an addition of Rs 120 croreto net profit annually. The peaking ofinterest rate cycle also augurs well forAban.Assuming that its enterprise value

(market cap plus debt) remainsunchanged in the medium term, thereduction in debt (and addition to equity)implies upside from current levels for thestock, which is trading at 6 times itsearnings and 0.8 times its book valuebased on 2012-13 estimates. Whilevaluations appear reasonable, they comealong with attached risks pertaining tothe company’s highly leveraged balancesheet, which needs to be monitored.Thus, investors with some risk appetite

may consider the stock from a year’sperspective.

DEBT OVERHANGAs on September 30, 2011 Aban’s

total debt stood at a high of Rs 13,425crore. While the debt-equity ratio stoodat 5.2 times, it is improving slowly (itwas 6.5 in FY10). The company recentlyredeemed $160 million of bonds throughinternal accruals and fresh bond issues.While this should see a reduction in debt(estimated to fall to Rs 11,500 crore inFY13), the fresh bond issue happened ata higher coupon rate of 12 per cent.Thus, it could offset part of the gainsresulting from debt reduction. Analystsare also concerned about the repaymentof $157 million due in March 2012,which they believe could happen atsimilar rates. Thus, they have increasedtheir estimates for interest cost in FY13."We see increasing interest costs for

Aban over the next 4-6 quarters due tothe higher blended interest costs.Furthermore, we do not see a stronggrowth in EBITDA in FY13/14, leading toa stressful interest coverage ratio forAban, which may serve as an overhangon the stock in the coming quarters,"says Alok Deshpande of Elara Securities.He estimates Aban’s operating profit torise 5 per cent to Rs 2,075 crore, interestcosts by 3 per cent Rs 989 crore and netprofit by 7.5 per to Rs 360 crore in FY13.

OPERATING GAINSOn an average, Aban is expected to

report an operating profit of Rs 2,050crore in FY13 or about two times itsinterest cost. In this environment, thepricing and demand scenario is verycrucial. Any deterioration on this frontcould lead to fall in profit next year,which is estimated at Rs 400 crore(average).The good part is that Aban has been

able to increase utilisation of its assets.Aban possesses 18 offshore assets(including 15 Jack-up rigs) and only oneasset Aban V is reportedly idle. Itdeployed Aban III and IV in June 2011quarter and recently deployed Aban IIwith ONGC for a period of three years.This will lead to better asset utilisation;Rigzone.com shows Aban's utilisation at94 per cent whereas Centrum analystsestimate it at 94.2 per cent in FY13against 86.3 per cent in FY12.“Though Aban boasts of revenue

backlog of $1.9 billion (about Rs 9,500crore) over FY12-15, revenue visibilitystands at 65 per cent for FY13 as 6 rigsare due for contract renewal in secondhalf of FY13,” says Ajit Motwani, analystat Emkay Global in his recent note.The concerns could ease if rig rates

hold firm. Globally, Jack-up rigutilisations are healthy at about 80 percent, which is good sign of stabledemand and prices. During 2009, whencrude oil prices fell to $40 a barrel, ratesof Jack-up rigs of 300-plus water depthdropped to $50,000 a day and utilisationto 72 per cent. However, currently, ratesfor Jack-up rigs of 300-plus water depthare hovering around $147,000 per day(highest was $2,20,000 in January2007), and analysts reckon them toremain stable as there are no majorsupply concerns.

Early signs of recovery for Aban OffshoreWhile high debt is a key overhang, stable demand environment and firm rig ratesshould help the company report better performance and reduce leverage

4

Abhishek Vasudev

Key share indices ended at their 6-month highs on Thursday onrenewed buying interest in late

trades led by private banking majors,Infosys and metal shares. The 30 shareSensex closed at 17,831 up 123 pointsand the Nifty ended up 44 points at 5,412levels. On August 4, 2011 the Sensex hadended at 17,940.55 and on August 3, 2011the Nifty had ended at 5,404.80.

The markets for the most part of theday remain volatile within a narrow range.Selling pressure was seen in indexheavyweight stocks like RelianceIndustries and Bharti Airtel. The positivecues from European markets aidedsentiment and renewed buying interest inlate trades helped the markets recoverfrom the intra-day low levels.

Key European shares were trading firmgaining 0.3-0.5% each.

Sterlite Industries was the top gaineramong the Sensex stocks, up 4.6% at Rs130. Jindal Steel also ended higher bynearly 4% at Rs 603. Tata Power, BajajAuto, HDFC Bank, tata Motors, Wipro, ICICIBank, mahindra & Mahindra, NTPC andInfosys also advanced 1.4-3.4% each.

Other Sensex gainers include, HDFC

Bank and ICICI Bank gained over 2% eachwhile Infosys ended up 1% at Rs 2,807.

However, Hindalco slipped 1.4% to endat Rs 542. The stock had fallen sharply inearly trades after Novelis, the US unit ofthe company cut its fiscal-year earningsestimate for the second time, citing lowershipments because of soft demand inEurope and weakness in its electronicsbusiness in Asia.

Bharti Airtel also slipped over 1% toclose at Rs 350 extending their 6.5% dropyesterday, as several brokerages cut theirprice targets on the stock.

Sun Pharma, DLF, Larsen & Toubro,ITC, index heavyweight RelianceIndustries, ONGC and GAIL India were alsoamong the notable losers on Thursday. TheBSE Metal index was the top sectoralgainer, up 2% or 247 points at 12,293levels. Bhushan Steel was the top gainerfrom this space, up nearly 9% at Rs 395.

JSW Steel, Hindustan Zinc, SAIL, NMDC,Sesa Goa and Coal India also ended higherin trades today.

BSE Realty index also advanced narly2% or 36 points to 1,905 levels. HDIL,Unitech, Oberoi Realty, Phoenix Mills,Anant Raj Industries and D B Realty werethe top gainers from this space.

BSE banking index- Bankex advanced219 points to 12,068 levels. Union Bankwas the top gainer from this space, up 7%to Rs 254. Yes bank, Kotak Mahindra Bank,PNB, Indusind Bank, Federal bank alsoadvanced 1-3.6% each.

Auto, consumer durables, power, IT,PSU and FMCG stocks also edged up intrades today.

Dishman Pharmaceuticals andChemicals surged 18% to Rs 65.10 afterreporting a ten-fold jump in consolidatednet profit at Rs 16.72 crore for the quarterended December, on the of lower rawmaterial cost.

Venky’s India slumped 8.5% to Rs 432after its net profit plunged by 81% on year-on-year (yoy) basis at Rs 2.93 crore forthe quarter ended December due to higherexpenditure. The broader markets alsoedged highr and outperformed thebenchmark indices.

The BSE mid-cap index ended higherby 1.3% at 6,239 levels and the small-capindex ended at 6,892 up 80 points.

MARKET REPORT

Nifty tops 5,400, at 6-month high

SENSEX17,831 (0.7%)

NIFTY5,412 (0.8%)

MARKETS TODAY (BSE)BSE 100: 9,347 � 0.82%BSE 500: 6,847 � 0.86%

Small-Cap: 6,893 �1.18%Mid-Cap: 6,240 �1.27%

� �

SECTOR WATCHINDICES LAST % CHG

TOP GAINERSMETAL 12,293 2.1

REALTY 1,905 2.0

BANKEX 12,069 1.9

AUTO 9,736 1.8

CONSUMER DURABLES 6,186 1.3

IT 6,066 1.1

COMPANY TURN** LAST* % CHG

HINDALCO INDS. 635 159.1 -1.1

ICICI BANK 542 939.8 2.1

BHARTI AIRTEL 480 350.1 -1.1

TATA MOTORS 428 257.3 2.7

TATA STEEL 422 452.2 0.3

ST BK OF INDIA 404 2,184.0 0.3

MOST ACTIVECOMPANY VOL* LAST* % CHG

UNITECH 436 29.9 4.7

HINDALCO INDS 399 159.1 -1.1

SUZLON ENERGY 374 31.5 5.7

IFCI 266 36.2 4.3

H D I L 241 98.2 8.8

IVRCL 223 59.3 7.5

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

5

Asian markets end mixedSI reporter & agencies

Japan's Nikkei average fell from athree-month high on Thursdayafter China's inflation rate

accelerated faster than marketexpectations and uncertainty remainedover Greek bailout talks, though it stillheld above the 9,000 mark.The benchmark pared losses in the

afternoon, with a trader at a U.S. bankciting hedge funds picking up blue chipstocks. The Nikkei closed 0.2 percentlower at 9,002.24, moving further awayfrom its 200-day moving average near9,060, after rallying 1.1 percent theprevious session."Global equities have performed

very well since the beginning of thisyear. Technically this is a bit of aworrying sign. In the near-term, theremay be a bit of a pullback. But I don'tthink this correction will be so huge,"said Seiichiro Iwasawa, chief strategist

at Nomura.Despite a disappointing earnings

season for many Japan firms, marketplayers point to more signs of foreigninvestors coming back to Japaneseshares amid increased liquidity forglobal financial markets after theFederal Reserve pledged to keepinterest rates near zero until at least2014.An injection of 489 billion euros

($648.12 billion) of three-year loans bythe European Central Bank in Decemberalso boosted liquidity.Data from Japan's finance ministry

showed foreign investors last weekcontinued their net buying of Japaneseequities for a sixth straight week,buying a net 64.3 billion yen ($836.21million) after net purchases of 38.7billion yen.Hong Kong shares ended a choppy

Thursday flat, with Chinese financialsweaker after stronger-than-expected

China inflation doused hopes of a near-term cut in bank reserve requirements.The Hang Seng Index closed down

0.04 percent at 21,010.01. The ChinaEnterprises Index of top mainlandlistings finished down 0.31 percent at11,669.15.The Shanghai Composite Index

ended up 0.09 percent at 2,349.59after briefly testing its 100-day movingaverage at about 2,360.2 in the highestA-share turnover since Jan. 10.

GLOBAL MARKETSEEUURROOPPEE LLAASSTT CCHHGG ((%%))

FTSE 100 5,876 0.0

DAX 6,766 0.3

CAC 40 3,429 0.6AASSIIAA LLAASSTT CCHHGG ((%%))

HANG SENG 21,010 0.0

NIKKEI 225 9,002 -0.2

TAIWAN 7,911 0.5

STRAITS 2,979 -0.1

SHANGHAI 2,350 0.1

SEOUL COMPOSITE 2,015 0.5

OTHER MARKETS AT 1700 IST

Dishman Pharmaceuticals andChemicals surged 8% to Rs 60 afterreporting a ten-fold jump inconsolidated net profit at Rs 16.72crore for the quarter ended December,on the of lower raw material cost. Themid-cap pharmaceutical company hada net profit of Rs 1.68 crore in thesame quarter year ago.The operating profit of the

company jumped 95% to Rs 61.52crore from Rs 31.48 crore, while netsales grew 14% at Rs 265 crore onyear-on-year basis. The raw materialcost of the company has declined byone-fourth to Rs 62.95 crore from Rs83.46 crore during the quarter.

Thomas Cook (India) rises100% in less than-a-month

Thomas Cook (India) rallied 6% to Rs57, extending Wednesday’s 20% surge,after the company said that its UKparent – Thomas Cook Plc has finalizedplans to sell its entire 77.1% stake in itsIndian subsidiary.The stock almost doubled from Rs

32.20, touched on January 12, after theits debt-ridden promoter – ThomasCook Plc had pledged its entire 163.47million or 77.11% stake of the Indiancompany. The UK parent is launching aformal sale process for its stake and hasreceived a number of unsolicited,informal expressions of interest fromthird parties to acquire the stake, thecompany said.

Dhanlaxmi Bank surges onhuge volumes

Dhanlaxmi Bank surged 18% at Rs 68,extending its previous day’s 3% gain,on back of huge volumes.On Monday, February 6, Amitabh

Chaturvedi, managing director andchief executive of the private sectorlender submitted his resignation, threeyears after he took charge, due toserious disagreement with other boardmembers over the functioning andmanagement of the bank’s operations.The bank’s board accepted his

resignation. P G Jayakumar, theexecutive director of the bank, willreplace Amitabh Chaturvedi.Over 14 million shares were traded

in the counter on both BSE and NSE.

Dishman Pharma surges onten-fold jump in Q3 net

GOLD Rs 2288,,335599 / $ 11,,773322..7766

CRUDE OIL Rs 44,,993344 / $ 9999..3377

CURRENCYRs 4499..5500 /$

IN NEWS

6

Fund managers limit buying, awaitmarket consolidationShilpa Johnson

Having tweaked their tradingstrategies based on theperformance of the markets, all

the fund managers of Smart Portfolios'Season 4 remained active in the pastone week. .For the week, Rikesh Parikh’s net

worth stands at Rs 1,022,000, up 2.2per cent; Ashish Mittal’s net worth isat Rs 1,044,000, up 4.35 per cent;Alex Mathews’ net worth is at Rs1,048,000, up 4.76 per cent; and AjayParmar’s net worth totals Rs1,135,000, up 13.55 per cent.

Rikesh Parikh, VP Equity Strategies,Motilal Oswal SecuritiesCommenting on his portfolio Parikh

said, "I partially exited from mid capbanks as the move was sharp inmidcap banking space." Parikh carriedout eight transactions during theperiod under review, most of whichwere on the sell-side. He includedPidlite Industries, United Phosphorousand Punjab National Bank in hisportfolio, while he exited from DenaBank, Oriental Bank of Commerce andMcleod Russel India. He incurred aloss of nearly 21% on having let go ofMcleod Russel India and sold OrientalBank of Commerce at a profit of 33%.His current top holdings include

Power Grid Corporation of India,United Phosphorous, Oriental Bank ofCommerce, Mcleod Russel India andPTC India.

Ashish Mittal, Fund Manager – PMS,Centrum Wealth"Indian markets were trading at

cheaper valuations than what thefundamentals commanded. Even after

the recent rally, the market is trading17.3x trailing twelve months PE ascompared to 23.5x PE in July 2007and is now attractively valued. Thefall of 2011 led to indices losing about24% while there were individualstocks that lost anywhere between40-50%," commented Mittal. In hisopinion, Feb/March 2012 are likely tobe eventful months. "The importantevents to watch out for in the nearterm will be the UPelection results, whichcould add a little to theuncertainty, and the annualbudget in March, whichshould set the tone formore fiscal consolidationand economic reforms," hesaid. He maintains anoptimistic view on threesectors- Auto, CapitalGoods and Metals and also continuesto focus on three themes - Agri, OPSBand Fuel/Energy.Mittal carried out three

transactions during the week. Hebought NMDC and sold Yes Bank, onwhich he made a profit of 22%. Healso exited from Cairn India andearned a profit of nearly 20%.His top holdings, as of now include

MRF, Balmer Lawrie & Company,Karur Vysya Bank, Bharat Electronicsand Tide Water Oil.

Alex Mathews, Head (Technical andDerivatives Research), Geojit BNPParibas Financial Services"This week I concentrated on auto

mobile stocks especially those of twowheeler companies. Among the autosales numbers of companies, twowheeler companies stood out and putup great performance. Also, going

forward as I expect the interest ratesto come down, we may see somemore growth in this segment. I limitedmy buying to these two stocks thisweek as I was waiting for aconsolidation in the market. Goingforward if the markets show strengthand closes above 5440, then I mayadd more to the portfolio."He bought Hero MotoCorp and

Bajaj Auto.His current top holdings

include Bajaj Auto, HeroMotoCorp, Infosys, Aptechand Tata Coffee.

Ajay Parmar, Co-HeadInvestment Banking,Emkay Global"I adopted a defensive

strategy this week anddecided to book profits in

a lot of stocks belonging to myportfolio," said Parmar. Majority of thetransactions that Parmar carried out inthe past week involved selling. Duringthe period under review, he boughtLovable Lingerie, HousingDevelopment & Infrastucture, SintexIndustries and Insecticides India.Meanwhile, he exited from JindalSouth West Holdings, Shree RenukaSugars, Engineers India, Bank of India,SBI, L&T, Axis Bank, ICICI Bank andJSW Energy, to name a few. He soldJindal South West Holdings at a profitof 71%. Most of his exits resulted inprofits except Adani Power, on whichhe incurred a loss of 18%.His current top holdings include

Lovable Lingerie, Sun TV Network,Wipro, Federal Bank and HousingDevelopment & Infrastructure.

For Smart Portfolios please visitwww.smartinvestor.in

“The importantevents to watch outfor in the near termwill be the UPelection results andthe annual budgetin March...”

7

IN BRIEF

Press Trust of India

Thecountry's largest carmakerMaruti Suzuki India today said ithas crossed the one crore units

milestone of cumulative sales in thedomestic market since it started sellingcars 29 years back.

“The 10 millionth vehicle, a Red SwiftVxi, was dispatched to Coimbatore todaymorning from the company's Manesarplant,” the company said in a statement.

Maruti Suzuki India had rolled out itsfirst car -- an M800 - in December 1983and attained five million domestic sales inFebruary 2006.

“The next five million domestic saleshave been achieved in six years,” thecompany said.

Commenting on crossing themilestone, MSI Managing Director andCEO Shinzo Nakanishi said: “MarutiSuzuki's success story is closely linkedwith the success story of India in the lasttwo decades. Even as India has grownand transformed, Maruti Suzuki hasevolved to meet changing demands.”

The company that started off as a jointventure between the government of Indiaand Japan’s Suzuki Motor Corp, hadtransformed personal transportation inIndia with its M800 model, which till datecontinues to find many buyers across thecountry.

While Maruti 800 and Omni poweredsales for almost two decades, the Alto hasbeen India's best-selling car for the lastover seven years, the company said.

RIL may price Rs 4,900 crbond today

Vodafone posts growth in Q3but hit by Italy, Spain cuts

Reuters

Reliance Industries (RIL), may price aRs 4,900 crore ($1 billion), 10-year

bond that will be used to fund capitalexpenditure in its US shale gas business,two sources with direct knowledge of thedeal said.

India’s largest private sector companyhas indicated pricing of 365 basis pointsover US treasuries for the bonds, whichwill be issued by Reliance Holding USA,they said.

Proceeds will also be used torefinance short-term debt incurred in theshale gas business, the sources said.

The deal is being led by BarclaysCapital, Bank of America Merrill Lynch,Citigroup, HSBC and UBS, they said.

Standard & Poor's has assigned a BBBlong-term rating to the senior unsecurednotes, which will be guaranteed byReliance Industries Ltd.

MTS OFFERS NEWTARIFFS, UNMOVED BYSC RULINGUnperturbed by the recentSupreme Court ruling quashing122 telecom licences, SistemaShyam TeleServices, whichoperates under the brand MTS,today launched new tariff planallowing subscribers to makeunlimited local and national callswithin the network. "This is a firstof its kind initiative for both for itsnew and existing prepaid voicecustomers across India.

ADANI ENTERPRISESFINALISING $1.5 BNPORT LOANAdani Enterprises is finalising aA$1.4 billion project finance loanwith a group of lenders to replace aUS$2 billion bridge loan raised tobuy an Australian coal terminal lastyear, two sources said.

Adani could sign the deal by endMarch and is in talks withCommonwealth Bank of Australia,National Australia Bank, WestpacBanking Corp and a couple of theJapanese mega banks for the debt,the sources said. The sourcedeclinedto be named as they were notauthorised to speak to the media.

CISCO Q2 RESULTS BEATESTIMATESNetwork equipment maker CiscoSystems Inc said second quarterearnings and revenue beat averageestimates, leading it to increase itsdividend.

Revenue rose 10.6% from theyear-ago quarter to $11.5 billion.Analysts on average wereexpecting $11.23 billion. Netincome grew to $2.2 billion, or 40cents per share, from $1.5 billion,or $27 per share, a year earlier.

Cisco said on Wednesday itplans to pay a quarterly dividend of$0.08 per common share, up 2cents from the previous quarter.

Reuters

Vodafone posted third quarter resultsslightly below forecasts on Thursday

as increasingly tough trading in Spainand Italy overshadowed solidperformances in emerging markets andnorthern Europe for the world's largestmobile operator. Vodafone said grouporganic service revenue, which comesfrom the provision of ongoing services tocustomers, was up 0.9%, compared withan analyst forecast of 1.1%.

European organic service revenuewas also worse than expected, down1.7% as the huge financial constraintson consumers in Italy, Spain and Greecepulled down otherwise solidperformances in the two big northernmarkets of Britain and Germany.

Analysts had been expecting Europeto be down by 1.4%. Spain and Italywere both weak, down 8.8% and 4.9% .

After 29 years, Maruti crosses1-cr domestic sales

8

Price as on Feb 09, 12 Open interest % of Open interest

Close (cash) LTP (future) Shares `̀ crore Futures Call Put

BAJAJ AUTO 1701.70 1705.60 1133 192.72 91.04 4.44 4.53BHARTI AIRTEL 350.10 352.45 26628 932.25 66.68 24.65 8.67BHEL 261.95 262.55 21256 556.80 79.51 14.37 6.12CIPLA 352.40 354.70 3541 124.78 92.01 4.52 3.47COAL INDIA 333.30 329.95 11202 373.36 79.59 13.54 6.86DLF 232.85 234.40 30376 707.31 76.51 11.96 11.54GAIL 389.15 391.85 2888 112.39 90.82 6.84 2.34HDFC 697.15 701.35 15081 1051.37 84.54 12.73 2.72HDFC BANK 522.54 525.80 16463 860.26 96.76 1.54 1.71HERO HONDA 1993.85 1992.95 2141 426.81 93.06 4.69 2.25HINDALCO 159.10 159.95 32660 519.62 66.14 15.25 18.61HUL 393.35 394.35 14872 584.99 70.46 20.63 8.91ICICI BANK 939.80 945.05 17810 1673.76 72.25 15.03 12.72INFOSYS TECHN 2809.90 2822.05 4579 1286.65 73.99 16.40 9.61ITC 203.90 205.05 29976 611.21 82.54 11.97 5.49JINDAL STEEL 603.29 606.80 4305 259.69 95.76 2.50 1.74LARSEN & TOUBRO 1355.25 1364.45 7278 986.35 71.79 14.05 14.17MAH & MAH 702.05 705.30 6884 483.26 78.67 15.87 5.46MARUTI SUZUKI 1270.00 1275.30 3968 503.94 87.87 4.57 7.56NTPC 180.00 181.30 14460 260.28 85.60 10.08 4.32ONGC 281.30 283.50 11792 331.71 63.87 28.16 7.97RELIANCE IND 853.85 859.75 17514 1495.41 68.28 16.62 15.10SBI 2184.00 2188.50 10993 2400.95 68.77 16.90 14.33STERLITE IND 130.10 130.25 29226 380.23 86.00 8.21 5.80SUN PHARMA 542.75 545.95 3048 165.40 96.52 1.74 1.74TATA MOTORS 257.30 258.55 69272 1782.37 68.77 18.87 12.36TATA POWER 111.45 112.50 9800 109.22 93.51 3.47 3.02TATA STEEL 452.15 453.35 23849 1078.33 69.25 15.95 14.80TCS 1228.59 1236.60 5753 706.75 80.91 9.95 9.14WIPRO 445.60 447.55 4114 183.32 94.07 3.65 2.28

OPEN INTEREST BREAK-UP

MARKET POSITION

SECTOR WATCH

Feb 08, 12 Feb 09, 12 %Chg

SPOTNIFTY 5368.15 5412.35 0.82BANKNIFTY 10320.10 10507.60 1.82CNXIT 6414.65 6492.55 1.21FUTURE(LTP)NIFTY 5388.50 5437.05 0.90BANKNIFTY 10341.40 10551.55 2.03CNXIT 6449.20 6505.60 0.87

INDEX WATCHOpen Int as on Price as on

Feb 08, 12 Feb 09, 12 % chg Feb 08, 12 Feb 09, 12 % chg

DHANLAXMI BK 3324000 4828000 45.25 57.70 67.50 16.98TATA TEA 6312000 8940000 41.63 117.75 123.05 4.50BHUSHAN STEEL 426000 592000 38.97 363.90 397.05 9.11HOTEL LEELA 2136000 2912000 36.33 35.20 39.20 11.36Tata Coffee 274500 372750 35.79 836.55 866.80 3.62

OI CHANGE WITH RISE IN PRICE

Open Int as on Price as onFeb 08, 12 Feb 09, 12 % chg Feb 08, 12 Feb 09, 12 % chg

RUCHI SOYA 8858000 10984000 24.00 99.30 98.45 -0.86ORCHID CHEM 2988000 3436000 14.99 172.40 169.75 -1.54BHARTI AIRTEL 15442000 17756000 14.99 354.00 350.10 -1.10JAIN IRRIGATION 4520000 5134000 13.58 99.00 98.35 -0.66ORIENTAL BANK 972000 842000 -13.37 299.35 298.14 -0.40

OI CHANGE WITH FALL IN PRICE

OI DATA

OI as on Feb 09, 12 %of MWp

HIGHESTABG Shipyard 3657000 93.69

Alok Inds 93093000 84.34

Aban Offshore 3329000 83.35

Escorts 12388000 80.97

S Kumars Natwid 24584000 79.49

Punj Lloyd 30680000 73.51

Suzlon Energy 101392000 66.02

Videocon Ind 9158000 65.90

LOWESTBosch 3125 0.17

GSK Pharma 20000 0.24

Bajaj Holdings 70000 0.53

Hind Zinc 1638000 0.55

OI ‘000 % chg

TOP GAINERSEdible Oil 10986 24.00

Tyres 8687 17.96

Plantation & Plantation 18471 15.11

Plastic products 5276 11.97

Miscellaneous 4544 9.86

Packaging 4503 7.93

Gas Distribution 8628 6.76

Telecomm-Service 144715 6.64

Hotels & Restaurants 8000 6.33

TOP LOSERS

Air Transport Service 2072 -27.48

Stock/ Commodity Brokers 2304 -6.80

Shipping 9178 -4.55

Others 5690 -4.17

Computer Education 3774 -4.07

TECHNICALS

Rex Cano

NIFTYLast close: 5,412

The Nifty ended at fresh 25-weekhighs, aided by some aggressive buyingin the latter half of the trading day. Theindex price action has begun to movesideways. This hints of a likelyconsolidation or a correction phaseahead. The upside seems limited fromcurrent levels as the momentumoscillators too are showing some signsof tiredness. One should continue towatch the 5,325 level very close for any

bearish action. On Friday, the indexcould face resistance around 5,445-5,465, while seek support around5,380-5,360.

BAJAJ FINSERVELast close: RS 510 Target: RS 535

Bajaj Finserve has closed above itslong-term moving average for thesecond straight day. The stock is likely tosee further upside backed by the positivemomentum. Look to buy the stock with astop below Rs 500. On the upside thestock is likely to spurt to Rs 535.

GLENMARKLast close: RS 298 Target: RS 310

The Stochastic Slow has just turnedpositive for Glenmark on the dailycharts. The stock too has foundconsiderable support around Rs 295-odd levels in the last four trading days.Look to buy with a stop at Rs 294 for anupside target of Rs 310, above whichthe stock can rally to Rs 325.

HIND. UNILEVERLast close: RS 393 Target: RS 380

The momentum oscillators both onthe daily and the weekly charts haveturned unfavourable for HindustanUnilever. Hence, one should trade with anegative bias at the counter. Look toshort with a near stop at Rs 396. On thedownside, the stock can slide to Rs 380.

KEY SUPPORT, RESISTANCE LEVELSBOLLINGER BANDS

STOCK S2 S1 CLOSE R1 R2 20-DMA 50-DMA 200-DMA LOWER END HIGHER END RSI(14)

ACC 1372 1378 1389 1400 1407 1209 1170 1078 1033 1385 84

AXISBANK 1112 1121 1135 1148 1157 1034 953 1117 897 1172 72

BHEL 259 260 262 264 265 267 259 333 246 288 49

BPCL 580 587 599 611 618 556 528 612 504 607 68

CIPLA 349 350 352 355 356 343 335 313 329 357 61

DLF 226 229 233 237 239 215 204 215 188 242 -64

DRREDDY 1617 1625 1639 1652 1660 1653 1612 1566 1616 1691 50

HDFC 690 693 697 701 704 691 671 666 674 709 56

HINDALCO 151 154 159 164 167 146 132 154 128 163 -66

ICICIBANK 920 928 940 952 959 863 780 910 750 976 70

INFOSYSTCH 2754 2775 2810 2844 2866 2685 2730 2695 2535 2836 60

M&M 687 693 702 712 718 687 687 723 657 717 54

MARUTI 1255 1261 1270 1279 1285 1161 1039 1120 987 1335 78

ONGC 276 278 281 284 286 273 265 272 257 290 -61

RELIANCE 843 847 854 860 865 797 764 832 714 881 -66

RELINFRA 583 587 593 599 603 503 424 483 385 620 82

SBIN 2163 2171 2184 2197 2205 1997 1829 2075 1732 2262 77

TATAMOTORS 251 253 257 261 264 232 205 193 199 265 80

TATASTEEL 443 447 452 458 461 443 399 483 402 484 59

WIPRO 433 438 446 453 458 417 409 393 392 441 71

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 higherthan 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. How-ever, 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 backof rising RSI, and - value is vice versa; MACD= Moving Average Convergence-Divergence; UP indicates MACD is above signal line, hence bullish, Down indicates MACD isbelow signal line, hence bearish

9

Watch out for 5,325 for any bearish action

The upside seems limited

BS TOP 200

10

CompanyName Prev Open High Low Current % Chg Volume P/E 52wk Market CapClose (Rs)) Close (times) High/Low (Rs)) (Rs in crore)

3i Infotech 17.95 18.25 18.70 17.75 18.35 2.23 954940 NA 54/12 352

Aban Offsh 526.45 545.00 545.00 520.55 524.75 -0.32 257436 5.81 719/324 2283

ABB 868.50 868.00 878.90 865.00 869.05 0.06 3792 144.84 908/541 18415

ABG Shipyard 411.25 414.15 417.90 411.60 413.75 0.61 14124 11.54 433/311 2107

ACC 1,382.60 1,362.15 1,398.20 1,362.15 1,388.90 0.46 61837 24 1390/917 26075

Adani Enter 410.20 416.00 416.00 379.60 392.55 -4.30 811085 17.1 766/261 43173

Adani Ports 140.55 141.00 141.80 135.80 138.30 -1.60 274164 23.6 170/111 27707

Adani Power 73.25 73.50 73.50 70.20 70.70 -3.48 1307324 90.64 126/59 15413

Adi Bir Nuvo 849.40 851.00 855.00 844.00 854.00 0.54 5664 10.03 994/710 9694

Allahabad Bk 176.70 177.00 181.90 175.00 180.80 2.32 112632 4.99 240/114 8610

Alok Inds 21.55 21.60 22.70 21.50 22.50 4.41 2654299 4.55 29/16 1773

Alstom Prjct 374.85 376.80 383.65 376.05 379.90 1.35 48803 22.05 692/280 2546

Alstom T&D 181.85 180.95 185.90 180.95 184.30 1.35 11153 23.1 305/133 4407

Ambuja Cem 177.25 178.00 181.20 175.70 177.95 0.39 476810 23.05 182/112 27304

Andhra Bank 114.65 114.10 115.90 113.70 115.70 0.92 39525 4.91 159/79 6474

Apollo Tyres 72.40 72.40 75.85 72.20 75.50 4.28 1054456 20.35 83/44 3805

Arvind 91.75 91.25 97.20 90.90 96.55 5.23 1143057 11.92 111/51 2458

Ashok Leyland 26.80 26.70 26.85 26.35 26.75 -0.19 445181 11.73 30/20 7117

Asian Paints 2,984.75 2,985.00 3,072.00 2,985.00 3,060.80 2.55 6905 32.08 3366/2395 29359

Aurob Pharma 119.55 118.90 119.60 115.10 117.30 -1.88 272791 30.87 245/80 3415

Axis Bank 1,127.20 1,110.20 1,140.90 1,106.30 1,134.60 0.66 179162 11.75 1461/785 46824

Bajaj Auto 1,646.55 1,641.05 1,708.00 1,641.05 1,700.90 3.30 52522 13.55 1822/1190 49219

Bajaj Hind 35.55 35.30 36.00 35.10 35.80 0.70 511742 188.42 72/23 2289

Balram Chini 50.00 49.90 50.45 49.05 49.75 -0.50 142140 NA 77/33 1215

Bank of Baroda 799.95 802.00 810.30 796.30 805.30 0.67 109860 6.64 1007/630 31751

Bank of India 368.15 370.00 373.30 364.65 369.00 0.23 125629 9.09 498/261 20165

Bata India 691.45 691.00 701.00 682.55 697.00 0.80 53559 20.82 741/295 4479

BF Utilities 432.80 439.60 449.80 435.00 447.30 3.35 314299 NA 906/259 1685

BGR Energy 248.30 250.25 258.90 247.00 256.35 3.24 296618 7.26 588/173 1850

Bharat Elctn 1,535.20 1,549.00 1,570.00 1,520.00 1,541.30 0.40 5905 14.16 1888/1293 12330

Bharat Forge 307.45 307.60 312.70 306.00 311.60 1.35 44486 17.81 371/231 7254

Bharti Airtel 354.00 354.00 354.00 344.25 350.00 -1.13 1987807 28.55 445/309 132913

BHEL 261.30 261.00 265.50 260.35 261.80 0.19 365507 9.92 450/225 64078

Bhushan Stl 363.85 360.70 399.00 357.00 395.55 8.71 350450 8.56 530/297 8400

Biocon 279.70 280.00 289.50 279.70 286.95 2.59 128813 16.81 390/240 5739

Bombay Dyng 446.85 449.45 450.00 439.05 446.90 0.01 37841 207.86 464/284 1846

Bombay Rayon 266.05 267.00 272.00 264.70 265.20 -0.32 3144 15.97 294/200 3570

BPCL 576.55 578.05 599.90 576.05 599.00 3.89 48369 NA 713/459 21656

Cairn India 372.55 375.00 384.35 375.00 380.50 2.13 475013 8.82 377/250 72420

Canara Bank 524.05 522.90 529.80 515.60 528.00 0.75 38061 6.98 668/349 23390

Central Bank 98.55 98.30 100.00 97.20 99.65 1.12 215707 8.36 170/63 6443

Century Tex 313.60 313.60 319.00 307.05 316.30 0.86 156194 30.77 395/216 2943

CESC 278.40 279.10 284.00 275.50 278.85 0.16 28224 7.79 364/186 3484

Chambal Fert 91.80 92.50 94.00 90.50 91.15 -0.71 423645 17.1 119/66 3794

Cipla 351.45 352.00 356.25 351.00 351.75 0.09 35797 27.98 359/274 28242

Coal India 332.80 333.00 335.95 331.40 333.05 0.08 332995 22.47 422/289 210366

Colgate 1,021.70 1,019.10 1,025.90 1,000.10 1,007.80 -1.36 7591 31.89 1084/797 13706

Coreedutec 277.40 279.00 282.80 275.05 275.55 -0.67 50862 11.49 351/245 3094

Crompton Grv 145.15 144.20 148.10 143.50 147.30 1.48 153837 18.01 297/107 9449

Cummins (I) 430.70 426.50 435.00 426.50 431.65 0.22 10164 20.33 557/322 11965

11

CompanyName Prev Open High Low Current % Chg Volume P/E 52wk Market CapClose (Rs)) Close (times) High/Low (Rs)) (Rs in crore)

Dabur India 98.75 98.75 99.00 97.60 98.15 -0.61 65503 27.49 122/90 17099

DCB 45.85 46.00 47.75 46.00 47.50 3.60 1321598 19.39 66/31 951

Delta Corp 75.65 75.45 82.40 74.80 82.05 8.46 6291654 32.56 117/52 1836

Dena Bank 80.50 80.10 86.55 79.80 85.35 6.02 1393784 4.03 114/48 2845

Dhanlaxmi Bk 57.50 57.95 68.95 57.50 67.60 17.57 3057376 22.02 136/42 576

Dish TV 61.70 67.00 67.00 61.50 64.55 4.62 881643 NA 94/54 6871

Divis Lab 768.85 777.90 777.90 764.10 766.70 -0.28 8359 23.7 843/582 10174

DLF 235.45 232.00 239.00 228.85 232.75 -1.15 1815087 25.66 281/173 39527

Dr Reddys 1,620.45 1,630.00 1,645.00 1,614.00 1,639.35 1.17 25659 19.6 1716/1387 27794

Educomp Sol 250.60 251.10 259.25 250.10 257.50 2.75 778920 8.48 519/168 2473

Escorts 82.05 82.05 85.35 81.75 84.65 3.17 1060646 8.48 149/64 894

Essar Oil 64.40 63.90 70.10 63.50 67.95 5.51 2687883 10.82 148/45 9700

Exide Ind 135.05 135.05 137.90 134.05 137.00 1.44 112519 24.16 175/99 11645

Federal Bank 412.55 411.10 419.40 411.00 417.05 1.09 82016 10.03 477/322 7134

Finan Techno 782.05 792.00 823.00 772.30 812.45 3.89 229621 47.62 931/518 3745

Fortis 108.70 108.75 111.05 107.35 108.00 -0.64 322119 67.08 172/81 4376

GAIL 390.85 393.00 394.80 385.30 388.95 -0.49 58898 12.48 486/360 49338

Gitanjali Gm 309.20 309.20 312.80 307.15 312.45 1.05 517790 6.3 387/183 2847

GMDC 176.05 176.50 178.95 176.40 177.00 0.54 18123 12.77 194/102 5629

GMR Infra 31.20 30.75 31.15 30.15 30.95 -0.80 1085882 NA 45/18 12047

Godrej Ind 199.25 199.25 206.90 195.30 204.80 2.79 66038 18.19 236/155 6504

Grasim Ind 2,858.95 2,855.00 2,877.95 2,801.00 2,826.05 -1.15 10460 9.54 2891/1981 25918

GTL 49.30 48.80 50.60 48.20 48.80 -1.01 1523429 NA 438/29 475

Guj Fluoro 492.70 490.95 498.00 487.00 492.70 0.00 10449 7.68 561/232 5415

Guj Petronet 83.85 84.50 86.00 83.85 84.40 0.66 344285 8.24 113/73 4749

GVK Power 16.90 16.95 17.30 16.70 17.15 1.48 2473654 15.45 31/10 2708

Havells I 486.15 484.00 489.00 481.00 486.00 -0.03 15645 22 506/290 6064

HCC 24.15 24.20 27.40 23.95 27.00 11.80 3521049 NA 42/16 1638

HCL Techno 467.50 469.00 470.00 460.60 464.50 -0.64 51632 19.98 528/360 32141

HDFC 693.80 695.00 698.75 689.00 695.30 0.22 85328 26.03 736/582 102525

HDFC Bank 508.00 508.00 525.50 505.75 522.15 2.79 402107 25.32 520/396 122285

HDIL 90.15 90.00 98.50 89.75 97.80 8.49 5038854 5.73 199/52 4098

Hero Motocorp 1,992.90 1,995.00 2,034.80 1,971.00 1,993.15 0.01 95170 17.49 2248/1378 39803

Hexaware Tch 106.15 107.05 108.00 104.20 105.75 -0.38 380019 11.62 107/46 3102

Hind Oil 122.95 120.00 129.00 120.00 128.05 4.15 645947 33.17 238/87 1671

Hind Zinc 139.50 139.45 147.10 139.45 146.15 4.77 180348 10.49 155/107 61753

Hindalco 160.85 158.55 161.60 148.75 158.75 -1.31 4681152 13.13 239/111 30393

HPCL 285.80 283.00 289.70 281.00 287.50 0.59 111140 NA 420/239 9736

HUL 388.00 385.00 393.50 385.00 392.45 1.15 144580 32.92 420/265 86892

ICICI Bank 919.95 918.80 944.20 913.70 939.60 2.14 755854 18 1138/641 108297

IDBI Bank 105.65 105.00 105.80 103.30 105.25 -0.38 574050 5.83 154/77 10363

Idea Cellular 92.25 91.00 93.65 91.00 92.30 0.05 163841 40.31 104/56 30531

IDFC 138.55 137.90 138.50 134.55 137.85 -0.51 597390 13.95 167/90 20182

IFCI 34.75 34.40 36.50 34.35 36.20 4.17 6867682 3.94 58/20 2671

Ind Ove Bank 98.40 99.00 100.90 97.80 100.30 1.93 265175 6.5 164/73 6206

India Cement 95.95 95.50 96.20 93.50 95.85 -0.10 127053 10.4 105/62 2944

Indiab Real 72.60 72.60 77.10 71.80 76.60 5.51 1878888 21.46 153/40 3412

Indian Bank 241.40 241.60 242.30 237.00 240.50 -0.37 9013 5.62 254/167 10336

Indian Hotel 71.05 71.10 74.00 70.10 73.55 3.52 249440 32.26 94/51 5586

Indraprst Gs 332.70 335.00 339.40 333.20 337.30 1.38 725533 15.98 453/285 4722

BS TOP 200

12

IndusInd Bank 306.30 304.45 311.00 302.25 310.05 1.22 64642 19.28 309/204 14482

Infosys 2,768.65 2,750.00 2,820.00 2,732.00 2,807.25 1.39 76937 20.62 3317/2169 161198

IOC 272.75 272.75 274.10 270.80 271.85 -0.33 28051 NA 360/247 66004

IRB Infra 173.65 172.90 174.80 170.65 173.55 -0.06 236288 12.06 230/121 5768

ITC 204.30 203.90 204.95 201.80 202.85 -0.71 543276 27.16 216/150 158227

IVRCL 55.30 54.55 59.50 53.95 59.25 7.14 5044974 13.31 96/27 1582

Jain Irrig 99.25 99.00 99.90 97.60 98.25 -1.01 686373 14.49 232/75 3981

Jet Airways 330.90 332.00 344.50 328.20 336.20 1.60 918909 NA 521/167 2902

Jindal Steel 581.00 580.00 605.00 577.70 603.15 3.81 247871 14.87 724/436 56382

JP Associat 77.25 77.00 79.25 76.40 78.90 2.14 2077392 21.8 103/50 16778

JP Power 46.10 46.00 46.30 45.20 45.80 -0.65 783509 28.1 54/31 12021

JSW Energy 59.30 59.50 60.35 57.00 59.70 0.67 1181400 64.89 87/36 9791

JSW Holdings 966.05 994.45 1,057.95 920.10 1,041.75 7.84 953413 44.65 1232/356 1156

JSW Steel 759.15 760.00 828.80 750.50 818.95 7.88 988301 20.28 1015/464 18272

Jubilant Fd 947.40 921.00 1,048.45 920.00 1,031.05 8.83 782200 70.14 1022/461 6707

K S Oils 7.76 7.49 7.65 7.45 7.59 -2.19 1206923 NA 40/5 323

Karnataka Bk 102.45 101.00 102.10 99.60 101.65 -0.78 109075 7.54 134/64 1914

Kingfisher 27.85 27.60 28.85 27.45 27.75 -0.36 1567576 NA 49/18 1381

Kotak Mah Bank 532.25 528.00 553.90 527.85 550.35 3.40 141705 22.58 540/333 40710

L & T 1,368.10 1,366.70 1,371.75 1,341.00 1,354.30 -1.01 481656 19.63 1933/971 82897

Lanco Infra 16.25 16.05 16.75 16.00 16.65 2.46 3136533 NA 46/9 4009

LIC Hsg Fin 266.25 266.00 268.50 261.85 267.05 0.30 224343 13 272/163 12676

Lupin 479.90 475.60 485.00 412.15 472.50 -1.54 26801 22.47 492/363 21102

Mah & Mah 686.75 684.00 704.00 682.50 700.55 2.01 189800 16.47 875/585 43012

Maruti Suzuki 1,267.90 1,258.00 1,277.50 1,257.70 1,270.55 0.21 50275 22.18 1345/906 36709

Max India 173.95 175.00 175.45 171.15 172.80 -0.66 31934 NA 215/137 4571

Mcleod Russl 190.75 191.85 199.50 191.00 197.55 3.56 120522 8.49 290/166 2162

MphasiS 369.05 371.95 378.50 366.50 372.65 0.98 18771 9.53 694/277 7828

MRF 8,474.70 8,474.00 8,768.00 8,363.00 8,609.05 1.59 16596 5.89 8545/5332 3650

NHPC 20.70 20.80 21.00 20.60 20.95 1.21 795250 9.88 26/18 25770

NMDC 187.50 186.95 192.80 186.00 190.65 1.68 79716 9.79 305/136 75587

NTPC 177.00 177.70 180.70 176.85 179.85 1.61 189477 15.76 195/152 148295

Oil India 1,290.50 1,300.00 1,308.00 1,288.00 1,294.40 0.30 11756 9 1419/1102 31124

ONGC 282.95 279.50 283.30 275.80 281.45 -0.53 337825 10.81 326/227 240794

OnMobile Glb 75.25 74.75 78.00 74.75 76.55 1.73 149447 8.58 155/54 903

Opto Circuit 267.85 268.00 272.70 268.00 270.50 0.99 57778 10.65 310/183 5042

Oracle Fin 2,177.60 2,180.00 2,194.00 2,143.00 2,155.00 -1.04 3287 19.56 2375/1699 18089

Orchid Chem 172.00 170.00 171.40 165.75 169.70 -1.34 1248687 13.26 325/112 1195

Oriental Bank 299.60 299.90 300.40 292.25 299.95 0.12 53693 7.23 406/190 8751

Pantloon Rt 187.80 186.10 199.50 183.95 196.10 4.42 1262468 61.28 364/125 4381

Patni Comp 470.05 469.95 473.95 467.15 469.00 -0.22 13251 15.83 502/250 6357

Petronet LNG 168.80 168.50 173.35 168.50 171.20 1.42 412068 12.61 186/105 12840

Piramal Hlth 423.65 415.00 430.00 415.00 425.85 0.52 19896 20.88 550/340 7348

PNB 982.10 978.60 1,004.35 978.60 1,001.00 1.92 45004 6.8 1234/751 31713

Polaris Finan 159.35 159.35 162.30 156.25 157.25 -1.32 64071 7.2 214/113 1563

Power Fin 188.05 188.10 202.40 187.00 200.35 6.54 603456 9.38 281/130 26445

Power Grid 107.65 109.50 110.40 108.00 108.60 0.88 507598 16.92 112/94 50279

Praj Ind 84.45 84.75 86.60 84.00 85.65 1.42 254278 20.74 95/62 1582

PTC India 54.10 54.10 55.55 53.75 55.05 1.76 384844 13.11 101/38 1624

Punj Lloyd 56.65 56.30 59.70 56.10 59.45 4.94 1992744 NA 85/37 1974

CompanyName Prev Open High Low Current % Chg Volume P/E 52wk Market CapClose (Rs)) Close (times) High/Low (Rs)) (Rs in crore)

Ranbaxy Labs 454.65 457.00 457.00 450.10 451.55 -0.68 34132 NA 570/367 19057

Raymond 366.10 367.90 372.00 362.05 370.55 1.22 30905 38.72 418/245 2274

Reliance Cap 405.10 410.00 427.50 408.80 423.75 4.60 1769367 61.86 634/226 10409

Reliance Com 93.00 92.90 95.90 92.15 95.05 2.20 6167089 18.53 117/61 19619

Reliance Ind 858.05 856.90 859.70 843.00 852.65 -0.63 689753 13.18 1066/688 279219

Reliance Infra 590.25 592.00 598.90 583.50 591.30 0.18 706876 9.8 711/328 15591

Reliance Power 101.80 101.10 107.20 101.10 106.90 5.01 2979515 39.3 137/69 29987

Renuka Sugar 40.30 40.20 40.30 38.80 39.50 -1.99 3447052 NA 93/23 2652

Rolta 82.45 83.50 86.70 82.40 86.20 4.55 434964 4.64 155/50 1391

Ruchi Soya 99.00 98.65 98.95 97.10 97.70 -1.31 100040 20.97 129/81 3257

Rural Elect 217.25 218.00 236.00 217.30 232.55 7.04 508899 8.34 270/144 22963

S Kumars N 37.50 37.55 38.90 37.00 38.55 2.80 1144403 3.04 71/22 1146

SAIL 104.95 104.00 109.25 104.00 108.75 3.62 512858 11.32 177/73 44920

SBI 2,175.40 2,160.00 2,191.40 2,157.15 2,181.95 0.30 569384 12.67 2960/1576 138554

Sesa Goa 227.05 224.80 231.30 223.00 229.55 1.10 614160 6.66 331/149 19950

Shriram TrFn 585.65 589.05 596.95 559.05 569.15 -2.82 35246 9.99 832/416 12875

Siemens 783.85 782.95 802.45 779.10 798.15 1.82 40266 39.87 951/627 27161

Sintex Ind 92.15 93.50 97.10 91.25 95.75 3.91 1649844 6.81 195/59 2614

South Ind Bk 25.90 26.00 27.10 25.40 26.70 3.09 2520962 8.34 26/17 3017

Sterlite Ind 124.20 123.65 130.85 121.40 129.90 4.59 1882313 7.97 190/86 43662

Sun Pharma 549.40 549.00 556.35 540.00 541.95 -1.36 34792 29.66 566/392 56124

Sun TV Net 315.85 314.80 330.00 309.00 328.00 3.85 181969 16.13 464/215 12926

Suzlon Energy 29.75 29.40 31.65 29.25 31.45 5.71 9638478 19.53 58/17 5590

Syndicate Bank 109.20 109.00 111.50 108.80 110.90 1.56 87733 4.92 132/67 6358

Tata Chem 346.45 348.00 354.90 345.15 351.00 1.31 57928 11.38 392/288 8942

Tata Coffee 835.75 840.00 879.00 835.75 866.75 3.71 354783 23.17 1075/512 1619

Tata Global 117.95 117.10 126.40 116.90 123.00 4.28 2572664 19.65 122/80 7606

Tata Mot-DVR 112.20 552.00 563.00 543.00 112.20 0.00 0 NA 152/80 0

Tata Motors 250.70 248.00 258.30 248.00 257.15 2.57 2286063 9.13 260/138 81608

Tata Power 107.95 107.00 112.90 107.00 111.60 3.38 532931 99.64 135/81 26484

Tata Steel 450.65 448.00 454.00 440.10 451.10 0.10 2267957 4.08 661/332 43811

TCS 1,218.75 1,207.05 1,231.90 1,188.15 1,227.05 0.68 115380 23.68 1247/903 240158

Tech Mahindra 650.75 648.00 663.00 632.75 657.35 1.01 66250 9.46 798/524 8374

Titan Ind 208.75 209.00 212.35 207.50 210.35 0.77 495862 34.65 238/147 18675

TTK Prestige 2,940.60 2,940.00 3,050.00 2,866.65 2,985.30 1.52 71765 30.65 3200/1481 3379

TVS Motor 49.75 48.20 52.30 48.20 52.05 4.62 908405 10.58 70/44 2473

UCO Bank 74.85 74.80 77.70 74.25 77.15 3.07 640513 4.48 122/45 4841

UltraTech 1,384.95 1,380.00 1,408.00 1,379.80 1,397.55 0.91 9211 16.61 1400/890 38301

Union Bank 237.85 237.70 256.40 237.05 253.90 6.75 226464 8.26 359/156 13313

Unitech 28.50 28.50 30.70 28.00 30.00 5.26 7463621 19.35 49/17 7849

United Phos 149.10 149.00 151.80 147.20 150.45 0.91 65346 12.18 171/120 6948

United Spirt 695.80 695.00 708.00 682.80 685.55 -1.47 138619 21.86 1220/450 8966

Videocon Ind 174.30 174.50 176.70 173.50 174.10 -0.11 44897 8.49 219/162 5276

Vijaya Bank 59.50 59.80 60.80 59.10 60.55 1.76 363490 6.3 94/44 2862

VIP Ind 118.10 117.30 122.25 116.30 120.30 1.86 1405423 22.66 205/73 1700

Voltas 97.20 97.20 101.70 97.00 100.85 3.76 486752 9.67 189/72 3337

Welspun Corp 125.60 124.80 131.80 124.20 131.10 4.38 225271 12.55 217/65 2986

Wipro 434.65 433.00 448.50 428.50 444.55 2.28 168004 19.99 490/310 109293

Yes Bank 333.70 332.00 347.00 328.00 345.85 3.64 304358 13.41 354/231 12183

Zee Enter 130.45 131.00 132.00 127.30 128.25 -1.69 45710 19.85 146/107 12392

CompanyName Prev Open High Low Current % Chg Volume P/E 52wk Market CapClose (Rs)) Close (times) High/Low (Rs)) (Rs in crore)

13Disclaimer: 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

14

STOCK REPORTRECOVERY FROM INTRADAY LOWS

Gati 122.92 45.95 19.97

Cochin Minerals 88.27 163.00 4.99

Allied Digital 54.72 30.35 9.96

Suzlon Energy 39.74 31.45 5.71

Mount Everest 30.53 88.55 4.98

Golden Tobacco 25.95 41.90 19.89

Jai Balaji Inds. 24.58 39.80 4.87

Den Networks 22.40 86.25 4.99

Vaibhav Gems 18.81 43.65 19.92

Sabero Organics 17.47 87.60 4.97

Neha Intl. 16.60 34.50 4.86

Twilight Litaka 16.41 34.15 4.92

Unity Infra. 15.54 46.60 4.96

GSS Info. 15.14 56.50 4.92

Khoday India 14.74 51.50 9.93

Reliance Power 14.46 106.90 5.01

Wanbury 13.92 32.55 19.89

KSK Energy Ven. 13.53 68.70 4.97

Thomas Cook (I) 11.89 57.00 5.75

Shekhawati Poly. 11.58 31.85 4.94

Delta Corp 10.94 82.05 8.46

Arvind Ltd 9.28 96.55 5.23

Baid Global 9.08 40.75 4.89

Everest Kanto 8.56 44.65 12.61

ONLY BUYERS

FALL FROM INTRADAY HIGHS

(RRss CR) FII DIIDate Buy Sales Net Buy Sales Net08-FEB-12 4402.73 4018.49 384.24 1512.31 1936.77 -424.4607-FEB-12 2898.03 2279.19 618.84 916.16 1770.62 -854.4606-FEB-12 3512.46 2514.52 997.94 1378.21 1561.33 -183.1203-FEB-12 3193.37 2119.16 1074.21 1016.04 1931.62 -915.5802-FEB-12 5157.50 3216.27 1941.23 1488.05 2141.19 -653.14

FII & DII TURNOVER (BSE + NSE)

Company Qty‘000 Price (Rs) Chg (%) Company Qty‘000 Price (Rs) Chg (%)

PFL Infotech 128.85 46.70 -4.98

NCL Res. & Finl. 77.61 156.95 -4.99

Global Land 20.35 38.95 -4.88

Alpha Graphic 10.59 35.50 -4.95

ARSS Infra 8.44 128.20 -4.97

Minolta Finance 8.03 88.40 -4.95

Ravinay Trading 7.28 234.70 -4.98

Vas Infra. 6.92 49.75 -4.97

KBS India 4.99 28.55 -4.99

Cupid Trades 4.91 156.15 -4.99

KEN Fin.Serv. 4.53 65.20 -4.96

KGN Industries 4.52 25.45 -4.86

S P Capital Fin. 2.26 46.45 -4.91

Responsive Ind 1.10 112.00 -7.05

Trendy Knitwear 1.00 175.80 -4.97

Bhagyashree Leas 0.50 139.70 -4.97

Fervent Pharma 0.40 28.90 -6.92

ADF Foods 0.30 57.00 -4.52

Tinna Overseas 0.30 32.10 -4.89

United Inter. 0.25 108.45 -4.99

Odyssey Corpn. 0.23 60.65 -4.94

Softech Infinium 0.20 34.60 -4.95

Jyoti 0.15 59.05 -5.97

JRI Inds. 0.15 248.00 -4.62

ONLY SELLERSCompany Qty‘000 Price (Rs) Chg (%) Company Qty‘000 Price (Rs) Chg (%)

Company High Low Close % Chg

Wanbury 32.55 25.60 32.55 27.15

Vaibhav Gems 43.65 35.25 43.65 23.83

ACI Infocom 59.00 49.10 59.00 20.16

Golden Tobacco 41.90 35.00 41.90 19.71

Gati 45.95 38.65 45.95 18.89

Sanco Trans 237.90 196.00 232.35 18.55

Dhanlaxmi Bank 68.95 57.50 67.60 17.57

Winsome Yarns 25.20 21.50 25.20 17.21

RPP Infra Proj. 73.00 62.00 72.05 16.21

Mukta Arts 40.80 33.15 38.45 15.99

VBC Ferro Alloys 197.70 165.00 190.85 15.67

Hind.Dorr-Oliver 41.10 34.60 40.00 15.61

First Leasing 68.45 58.65 67.60 15.26

Intrasoft Tech. 60.00 51.70 59.50 15.09

RSWM Ltd 94.85 80.60 92.50 14.76

Lupin 485.00 412.15 472.50 14.64

Regency Trust 53.05 46.35 53.05 14.46

Suryalata Spg. 80.00 70.00 80.00 14.29

Bhansali Engg. 27.90 22.55 25.75 14.19

Everest Kanto 45.00 39.30 44.65 13.61

Sharyans Reso. 53.65 47.10 53.50 13.59

Shalibhadra Fin. 54.45 47.10 53.35 13.27

JSW Holdings 1,057.95 920.10 1,041.75 13.22

Disa India 1,890.00 1,656.00 1,870.00 12.92

Company High Low Close % Chg

GPT Infraproject 144.35 115.10 115.10 -20.26

Jyoti 69.50 57.95 59.05 -15.04

ISGEC Heavy 1,076.00 900.00 915.00 -14.96

Bannari Amm.Sug. 713.00 608.00 608.00 -14.73

Simplex Realty 134.95 105.00 116.90 -13.38

Eon Elect. 48.40 41.25 42.25 -12.71

PBM Polytex 32.00 25.20 28.00 -12.50

Eco Recyc. 31.90 26.50 28.05 -12.07

Greaves Cotton 94.70 81.50 84.65 -10.61

Sambandam Spg. 72.00 64.15 64.50 -10.42

Shasun Pharma. 72.40 64.15 64.95 -10.29

ABC Paper 35.75 29.00 32.10 -10.21

Maan Aluminium 46.95 41.00 42.20 -10.12

Arcotech Ltd 33.35 29.95 30.00 -10.04

Caprihans India 60.50 53.60 54.45 -10.00

Page Industries 2,970.00 2,654.00 2,673.55 -9.98

Venky`s (India) 479.45 427.05 432.70 -9.75

Manappuram Fin. 50.85 45.25 45.90 -9.73

Fervent Pharma 32.00 28.35 28.90 -9.69

Responsive Ind 123.90 110.10 112.00 -9.60

United Inter. 119.85 108.45 108.45 -9.51

Name Ex-Date Purpose Rs.

KCP FEB 10, 12 DIVIDEND INTERIM 0.25TUBE INV FEB 10, 12 DIVIDEND INTERIM 2.00VIP IND FEB 10, 12 DIVIDEND INTERIM 0.60ADANI PORTS FEB 13, 12 DIVIDEND INTERIM 0.30AMBUJA CEM FEB 13, 12 DIVIDEND FINAL -CHOLA INV FEB 13, 12 DIVIDEND INTERIM 1.50GLOBAL OFFSHORE FEB 13, 12 DIVIDEND INTERIM 0.50MANAPP FINANCE FEB 13, 12 DIVIDEND INTERIM 0.50POWER GRID FEB 13, 12 DIVIDEND INTERIM -INDIA NIP E FEB 14, 12 DIVIDEND INTERIM 4.00MPS LTD FEB 14, 12 DIVIDEND INTERIM 2.00

FORTHCOMING CORPORATE ACTIONS

ACC 1,389.30 4.70 0.34Ambuja Cem. 178.20 1.20 0.68Axis Bank 1,134.50 7.30 0.65B H E L 261.95 0.55 0.21B P C L 598.75 20.65 3.57Bajaj Auto 1,701.70 52.25 3.17Bharti Airtel 350.10 -3.90 -1.10Cairn India 382.35 9.60 2.58Cipla 352.40 0.15 0.04Coal India 333.30 0.00 0.00DLF 232.85 -3.15 -1.33Dr Reddy`s Labs 1,638.55 16.85 1.04GAIL (India) 389.15 -2.60 -0.66Grasim Inds 2,826.30 -38.15 -1.33H D F C 697.15 0.25 0.04HCL Technologies 463.45 -3.75 -0.80HDFC Bank 522.55 14.10 2.77Hero Motocorp 1,993.85 -4.35 -0.22Hind. Unilever 393.35 4.80 1.24Hindalco Inds. 159.10 -1.70 -1.06I D F C 137.80 -0.70 -0.51ICICI Bank 939.80 19.35 2.10ITC 203.90 -0.55 -0.27Infosys 2,809.90 40.75 1.47JP Associates 78.80 1.55 2.01Jindal Steel 603.30 21.95 3.78Kotak Mah. Bank 551.15 17.95 3.37Larsen & Toubro 1,355.25 -12.25 -0.90M & M 702.05 15.10 2.20Maruti Suzuki 1,270.00 3.50 0.28NTPC 180.00 2.75 1.55O N G C 281.30 -1.90 -0.67Power Grid Corpn 108.80 1.10 1.02Punjab Natl.Bank 1,000.55 19.85 2.02Ranbaxy Labs. 451.85 -2.30 -0.51Rel. Comm. 95.10 2.10 2.26Reliance Inds. 853.85 -4.55 -0.53Reliance Infra. 592.85 2.10 0.36Reliance Power 107.05 5.20 5.11S A I L 108.90 3.90 3.71Sesa Goa 229.30 2.65 1.17Siemens 801.15 16.05 2.04St Bk of India 2,184.00 6.25 0.29Sterlite Inds. 130.10 5.90 4.75Sun Pharma.Inds. 542.75 -7.95 -1.44TCS 1,228.60 8.95 0.73Tata Motors 257.30 6.70 2.67Tata Power Co. 111.45 3.45 3.19Tata Steel 452.15 1.50 0.33Wipro 445.60 11.00 2.53

S&P CNX NIFTY MOVERSAdv Adv as % Decl Decl as % Unch Unch as % Total

Group of Total of Total of TotalA 144 70.59 58 28.43 2 0.98 204B 1288 61.07 741 35.14 80 3.79 2109T 396 57.06 255 36.74 43 6.2 694Z 0 0 3 100 0 0 3TOTAL 1828 1057 125 3010

ADVANCES/DECLINES

52-WEEK HIGHS

15

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

Cognizant Tech 70.75 -1.26 -1.75Dr Reddy’s Lab 32.76 -0.29 -0.88HDFC Bank 33.45 0.08 0.24ICICI Bank 37.72 0.04 0.11Infosys Tech 55.73 -0.28 -0.50MTNL 1.14 0.02 1.79Patni Computer 19.00 0.14 0.74Rediff.com 7.56 0.02 0.27Satyam Infoway 4.38 0.02 0.46Tata Motors 25.39 -0.04 -0.16Wipro 11.17 -0.18 -1.59* Over prev close As on Feb 08, 12

ADR PRICESCompany Close ($) Chg Chg (%)

MRF 8,609.05

Alfa Laval (I) 2,918.45

Eicher Motors 1,760.00

UltraTech Cem. 1,397.55

ACC 1,388.90

Jubilant Food. 1,031.05

ISGEC Heavy 915.00

Nalwa Sons 905.00

Bajaj Fin. 825.40

GRUH Finance 660.75

Bannari Amm.Sug. 608.00

Gravita India 605.65

Sundaram Finance 601.00

Kotak Mah. Bank 550.35

HDFC Bank 522.15

Automotive Axles 486.35

IndiaNivesh 410.90

Butterfly Gan Ap 387.90

Cairn India 380.50

J L Morison(I) 380.00

Sharon Bio-Med. 336.90

Federal-Mogul Go 328.00

IndusInd Bank 310.05

Mudit Finlease 310.00

Oberoi Realty 274.55

Hingir Rampur 221.95

IFB Agro Inds. 212.15

Balkrishna Inds 209.15

Ahlcon Parent(I) 189.50

Deccan Cements 178.45

Hathway Cable 166.15

Cochin Minerals 163.00

Guj. Hotels 157.50

Amar Remedies 151.00

Rander Corpn. 148.00

P.M. Telelinnks 143.30

Shri Lakshmi 139.10

Tata Global 123.00

Harita Seating 108.75

Fairfield Atlas 106.40

Hexaware Tech. 105.75

Parikh Herbals 96.70

Monotype India 94.45

Krishna Vent. 86.05

Aricent Infra 78.70

Cigniti Tech. 69.70

Dinesh Allorga 68.00

Sr.Rayala.Hypo 59.85

ACI Infocom 59.00

8K Miles 56.90

Ishan Dyes & Ch. 53.60

ERP Soft Systems 52.00

MPS 51.50

Syncom Formul. 51.40

NCL Inds. 50.30

IFGL Refractor 43.30

Mewar Polytex 43.20

Shreeyash Indus. 41.65

Sun & Shine 39.00

CCL Inter 38.15

Emergent Energy 35.30

Sacheta Metals 33.75

Pasupati Fincap 32.85

Inwinex Pharma. 27.90

Samyak Internati 26.75

South Ind.Bank 26.70

Trident Tools 26.45

Picturehouse 25.40

Rockland Thermo 19.95

Kanishk Steel 17.90

Kreon Finnancial 15.50

UV Boards 12.50

Starlite Comp. 12.15

Cinerad Communic 11.94

Maximaa Systems 11.73

Ahm. Gases 8.83

Standard Battery 8.43

Malabar Trading 6.84

Company Price (Rs) Company Price (Rs) Company Price (Rs)

52-WEEK LOWS

Tak Mach. & Lea. 142.55

Bhagyashree Leas 139.70

DJS Stock 59.00

Vishnu Chemicals 54.25

PFL Infotech 46.70

Ashutosh Paper 43.05

Global Land 38.95

Hind.Ever.Tools 27.55

Mercury Metals 20.40

Midvalley Enter 19.45

Sterling Intl 18.65

Raghuvir Synth 14.08

B&B Realty 11.00

CitiPort Fin. 10.90

Sh. Krishna Pap. 10.65

Aroma Ent. 9.90

Uni-Tubes 9.70

Nexxoft Infotel 9.18

UT 8.81

Kabra Drugs 7.99

Fischer Chemic 6.42

Morarka Finance 5.91

Punjab Woolcomb. 5.80

Dr Wellmans Hmp. 5.61

Dynamic Portfol 5.32

Adi Rasayan 5.13

Cressanda Solns. 5.08

Company Price (Rs) Company Price (Rs) Company Price (Rs)

16

STOCK REPORTBSECompany Client Name Buy/Sell Quantity Price(Rs) Amt(CR)

Rel Ind Infra A K G Securities And Consultancy Ltd Sell 170153 522.31 8.89

Rel Ind Infra A K G Securities And Consultancy Ltd Buy 170153 522.02 8.88

Tulip Tele Macquarie Bank Ltd Sell 736364 110.00 8.10

Rel Ind Infra Crosseas Capital Services Private Ltd Buy 136515 523.26 7.14

Rel Ind Infra Crosseas Capital Services Private Ltd Sell 136515 522.53 7.13

Vakrangee Vakrangee Holdings Private Ltd Buy 150000 435.00 6.53

Vakrangee Dinesh Birdilal Nandwana Sell 150000 435.00 6.53

JSW Holdings A K G Securities And Consultancy Ltd Sell 60728 938.43 5.70

JSW Holdings A K G Securities And Consultancy Ltd Buy 60728 938.22 5.70

Sterl Holidy R Mohan Sell 400000 100.00 4.00

Borosil Glas Borosil Glass Works Ltd Buy Back Buy 29640 850.00 2.52

KIC Metaliks Premier Capital & Securities Private Ltd Sell 94575 150.21 1.42

KIC Metaliks Kamal Kumar Dugar And Co Buy 89946 150.06 1.35

Karma Inds Robust Transportation Private Ltd Buy 200000 52.88 1.06

Karma Inds Stylecheck Garments Private Ltd Sell 180230 52.86 0.95

Karma Inds Stylecheck Garments Private Ltd Buy 180832 52.60 0.95

Solid Stone G K K Capital Markets Pvt Ltd Sell 125000 56.00 0.70

Solid Stone Jaroli Vincom Pvt Ltd Buy 125000 56.00 0.70

Cubical Fin Ajaya Agarwal Buy 125000 39.70 0.50

Maximaa Sys Laxman Raju Bhandare Sell 445740 10.32 0.46

Regency Trus Gulshan Rai Chanana Huf Sell 100000 45.55 0.46

Regency Trus Arneja & Co(Prop) Buy 100000 45.55 0.46

Dazzel Conf Brijesh Ashokbhai Halari Buy 890495 4.35 0.39

Regency Trus Fagania Mahendra Sagarmal Sell 76875 47.78 0.37

Harita Seat Yogeshkumar Rasiklal Doshi Buy 32480 101.77 0.33

Cupid Trade Hindva Estate Private Ltd Buy 20098 164.35 0.33

Cupid Trade Pravinbhai Mohanbhai Kheni Sell 20000 164.35 0.33

S V Elect Dipakkumar Madhusudan Sheth Sell 313685 9.25 0.29

S V Elect Jinal Apurva Rawal Buy 313185 9.25 0.29

Mukand Engg Rakesh Gupta Buy 108492 26.65 0.29

Mukand Engg Vidyut Corporation Sell 108492 26.65 0.29

Marsons Jagdish Ramkumar Bansal Buy 221250 10.10 0.22

Marsons Jagdish Chander Bansal And Sons Huf Sell 221250 10.10 0.22

Pasupati Fin Amit Krishnakant Thakker Buy 60010 32.70 0.20

Pasupati Fin Pasupati Olefin Ltd Sell 58639 32.53 0.19

Essen Suppl Sumnex Mercantile Private Ltd Buy 30100 58.90 0.18

Addi Ind Yamunotri Financial P.Ltd Sell 390000 3.87 0.15

Addi Ind Alkyone Realtors Private Ltd Buy 390000 3.87 0.15

Kanco Enter Umang Kanoria Buy 487350 2.72 0.13

Kanco Enter Umang Kanoria Huf Sell 487350 2.72 0.13

Pasupati Fin Pushpa Agarwal Buy 40000 32.52 0.13

Krishna Deep Money Managers Sell 25000 48.20 0.12

Safal Securitie Bharat Dalsukhrai Kamdar Buy 85080 13.70 0.12

GFL Fin Chirag Dineshkumar Shah Buy 32985 34.76 0.11

Safal Securitie Ambusinh Punjaji Gol Sell 82640 13.71 0.11

GFL Fin Anuj Nagpal Sell 30000 34.75 0.10

SB & T Int’l India Max Investment Fund Ltd Sell 100000 9.75 0.10

Chandra Prab Dinesh Kumar Modi Sell 50000 18.74 0.09

Chandra Prab Sanjay Kumar Pila Buy 50000 18.74 0.09

BULK DEALS

17

BULK DEALSNSECompany Client Name Buy/Sell Quantity Price(Rs) Amt(CR)

ICICI Bank Allamanda Investments Pte Ltd Sell 15933717 924.05 1472.36

ICICI Bank Goldman Sachs Investments Mauritius I Ltd Buy 6465783 924.00 597.44

IFCI Adroit Share & Stock Broker Pvt. Ltd Buy 3715013 33.55 12.46

IFCI Adroit Share & Stock Broker Pvt. Ltd Sell 3667013 33.56 12.31

IVRCL Icici Prudential Life Insurance Company Ltd Sell 1915721 55.75 10.68

Tulip Tele Macquarie Bank Ltd Sell 839660 110.01 9.24

Tide Water Maryada Barter Pvt Ltd Buy 11512 7996.62 9.21

IVRCL Arcadia Share & Stock Brokers Private Ltd Buy 1464827 55.74 8.16

IVRCL Arcadia Share & Stock Brokers Private Ltd Sell 1459200 55.78 8.14

Tide Water Vsb Investments P.Ltd Sell 9500 8000.00 7.60

Rel Ind Infra Crosseas Capital Services Pvt. Ltd Sell 136955 523.16 7.16

Rel Ind Infra Crosseas Capital Services Pvt. Ltd Buy 136955 521.89 7.15

Orchid Chem Cpr Capital Services Ltd Buy 385241 178.58 6.88

Orchid Chem Cpr Capital Services Ltd Sell 377241 178.22 6.72

Lovable Lngr Shree Naman Securities & Finance Pvt. Ltd Buy 102830 437.46 4.50

Lovable Lngr Shree Naman Securities & Finance Pvt. Ltd Sell 93312 436.44 4.07

Lumax Ind Savi Portfolio Management Service P Ltd Buy 50000 385.00 1.93

Technofab Sarla Gupta Sell 100000 138.50 1.39

Technofab Pragmatic Traders Pvt. Ltd Buy 100000 138.50 1.39

GTC Escorts Opportunities Fund Sell 144643 34.63 0.50

QUARTERLYRESULTS

FEBRUARY 10BS 200Aurob PharmaBF UtilitiesBombay RayonBPCLDLFEssar OilG E ShippingIDFCJSW SteelMTNLPantloon RtReliance CapReliance ComShriram TrFnSun TV NetTata ChemTata PowerGroup AApollo HospBritanniaMMTCNeyveli LignPipavav DefenceGroup BAarey DrugsAastha BroadcasAcropet Tech

ADC IndiaAlfa TransfrAndhra PetroArman FinAshish PolypBafna PharmaBF InvestBharati ShipBheema CemBLBBorax MorarBS TranscommCimmcoCinemax IConart EnggCSS TechnrgyCubex TubingDalmia BhartDaulat Sec.Dharamsi MorDharani SugElder PharmaEros Intl MFact EnterpFarmax IndiaGammon InfraGanesh EcospGokak TextGuj ApolloHalonixHath CableHella India

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FORTHCOMING BOARD MEETINGS

STOCK REPORT

18

BS TOP 500

MININGCoal India Sep 11 13148.08 18.43 2593.11 73.51 32.65 22.45NMDC Dec 11 2821.95 7.66 1858.81 22.45 98.73 9.63Sesa Goa Dec 11 2617.08 16.31 691.52 -35.09 40.01 6.59GMDC Dec 11 383.96 6.54 112.46 10.82 47.62 12.70Guj NRE Coke Sep 11 270.04 10.87 8.04 -18.95 25.99 11.74MOIL Dec 11 239.54 -5.39 101.50 -18.79 66.49 9.9220 Microns Dec 11 63.23 7.30 0.95 -30.66 11.45 14.71Total 19543.88 15.71 5366.39 24.35 43.72 14.97OIL & GASONGC Dec 11 18517.13 -10.99 6741.41 -4.83 81.82 10.87Oil India Sep 11 3357.13 36.07 1138.52 24.29 68.59 8.97Castrol Sep 11 674.10 4.84 95.10 -18.65 21.85 23.79Tide Water Dec 11 226.78 18.31 15.45 8.27 11.13 9.78Total 22775.14 -5.52 7990.48 -1.72 77.39 10.85OIL EXPLORATIONCairn India Dec 11 3096.76 0.01 2261.93 12.53 89.87 8.64Aban Offsh Dec 11 865.87 11.30 73.15 17.95 58.74 5.83Dredgng Corp Sep 11 119.40 -7.23 9.80 239.10 27.73 24.67Hind Oil Dec 11 32.70 -65.71 4.81 -76.27 76.67 31.85Total 4114.73 0.40 2349.69 12.14 81.41 8.71PACKAGING - OTHERSUflex Sep 11 1097.21 27.95 57.33 -71.72 13.58 1.70Bilcare Sep 11 876.80 88.28 39.85 -14.36 13.19 3.70Everst Kant Dec 11 145.12 -27.22 -22.24 - - 11.22Total 2119.13 39.18 74.94 -72.51 12.00 2.55PACKAGING - POLYS/BOPP FILMJindal Poly Sep 11 604.89 -12.00 49.06 -72.71 15.07 2.43Polyplex Crp Sep 11 586.31 -3.22 62.40 -48.74 15.88 0.61Max India Sep 11 187.37 72.61 -10.37 - - -Total 1378.57 -1.65 101.09 -64.22 13.32 4.42PAINTSAsian Paints Dec 11 2560.53 21.95 256.86 16.58 16.03 31.28Berger Paint Dec 11 701.04 27.45 44.92 21.70 11.04 21.40AKZO India Sep 11 303.89 25.79 26.31 -27.96 12.63 16.48Total 3565.46 23.32 328.09 11.69 14.75 27.77PAPERJK Paper Dec 11 327.36 4.30 7.42 -70.45 9.99 8.36AP Paper Dec 11 194.01 10.29 -21.43 - 6.62 -Rainbow Pprs Sep 11 113.28 28.98 9.98 -13.97 22.23 16.01Total 634.65 9.88 -4.03 - 11.14 227.73PESTICIDESUnited Phos Dec 11 1928.80 54.75 112.42 34.52 17.43 12.07Bayer CropSn Dec 11 499.17 -6.06 26.70 -24.94 9.67 21.66Rallis Dec 11 309.75 14.20 11.13 -66.96 8.40 24.83Insectcides Sep 11 209.71 26.96 16.38 26.78 11.53 13.21Total 2947.43 33.12 166.63 0.53 14.75 15.33PHARMACEUTICALDr Reddys Dec 11 2769.19 45.86 512.96 87.80 32.06 19.37Sun Pharma Sep 11 1894.60 42.30 597.74 18.68 39.63 30.08Lupin Dec 11 1818.93 21.54 235.06 4.92 20.41 22.82Cipla Sep 11 1778.02 8.79 308.97 17.47 25.98 27.97Ranbaxy Labs Sep 11 1425.06 21.31 -439.20 - - -Cadila Healt Dec 11 1383.22 18.70 149.21 -7.90 19.70 20.58Wockhardt Sep 11 1110.53 18.13 127.58 - 19.80 7.51Jubilant Lif Dec 11 1088.49 25.43 -78.39 - 3.77 20.63Aurob Pharma Sep 11 1075.30 -3.35 -80.16 - 11.22 31.45Glenmark Dec 11 1031.32 37.71 46.12 -46.70 11.00 20.54Strides Arcb Sep 11 779.73 84.50 46.47 34.38 15.90 20.12Torrent Phar Dec 11 696.59 20.96 83.18 8.15 17.67 14.53Ipca Lab Dec 11 614.83 31.84 63.93 -0.03 25.24 15.38GSK Pharma Sep 11 614.62 4.30 145.86 -7.57 29.76 41.90Piramal Hlth Dec 11 558.70 37.98 8.52 -85.88 5.90 20.77Biocon Dec 11 518.51 1.47 84.85 -15.79 27.46 16.38Orchid Chem Dec 11 470.78 5.49 -10.12 - 16.90 13.44Divis Lab Dec 11 417.42 32.53 122.55 20.66 42.36 20.17

Plethico Ph Sep 11 411.95 -0.99 38.59 -54.35 14.51 6.55Ind Swift Lb Dec 11 358.80 15.70 28.44 15.52 17.80 5.10Aventis Ph Sep 11 335.00 14.10 54.80 15.86 26.03 20.16Elder Pharma Sep 11 331.50 57.06 19.35 41.45 16.84 9.80Unichem Labs Dec 11 222.63 12.95 24.47 -4.41 17.50 16.84Sharon Bio Sep 11 174.36 26.88 9.69 49.31 12.85 10.68Natco Pharma Sep 11 132.98 3.74 15.94 7.56 24.00 14.75Aanjaneya Life Dec 11 107.58 62.48 12.14 74.93 24.54 19.78TTK Health Dec 11 86.72 8.64 4.12 5.37 8.48 22.99Amrutanjan Sep 11 32.37 15.44 3.53 12.42 18.75 18.92Sun Pharma A Dec 11 4.51 -62.94 -17.90 - - -Total 22244.24 23.71 2118.30 -23.15 20.33 24.92PLASTICSJain Irrig Sep 11 771.11 20.29 11.57 -81.34 15.62 14.64Kemrock Ind Sep 11 237.72 40.44 15.49 12.57 27.99 14.62Delta Corp Dec 11 146.37 418.31 15.14 190.04 20.82 29.97Total 1155.20 37.76 42.20 -47.88 18.82 16.76POWERNTPC Dec 11 15383.39 14.49 2130.39 -10.17 24.50 15.51Tata Power Sep 11 6282.26 30.02 -1218.86 - - 96.27Reliance Infra Sep 11 3950.54 64.25 495.74 190.77 20.81 9.79Power Grid Dec 11 2466.62 20.20 809.23 36.88 89.56 16.76Torrent Pwer Dec 11 1894.45 25.65 212.76 7.70 25.90 8.54JSW Energy Dec 11 1768.66 62.75 -82.67 - 13.56 64.62CESC Sep 11 1241.00 12.31 114.00 -26.45 23.29 7.78Neyveli Lign Sep 11 1158.83 8.99 278.35 1.70 44.41 11.90Adani Power Dec 11 1059.45 110.79 -358.12 - 0.90 93.64NHPC Dec 11 881.98 17.46 212.18 -29.43 65.99 9.76KSK Energy Dec 11 569.65 123.09 75.54 782.48 46.04 17.92Reliance Power Sep 11 487.55 189.02 235.48 0.29 78.59 37.48GVK Power Sep 11 477.38 -5.17 37.92 -11.42 37.63 15.20JP Power Dec 11 417.70 130.39 59.52 161.40 90.50 28.36SJVN Dec 11 368.25 -7.10 189.63 -0.98 97.28 7.50BF Utilities Sep 11 12.22 42.26 1.63 -34.27 89.53 -Total 38419.93 26.99 3192.72 -41.92 26.99 16.43REFINERIESIOC Sep 11 89185.13 15.30 -7485.55 - - -Reliance Ind Dec 11 85135.00 42.39 4440.00 -13.55 10.57 13.27BPCL Sep 11 42301.86 19.38 -3229.27 - - -HPCL Sep 11 37104.22 20.19 -3364.48 - - -Essar Oil Sep 11 13224.00 18.65 -166.00 - 1.96 10.25MRPL Dec 11 12947.39 25.33 109.75 -65.02 2.48 13.80Total 279897.60 24.44 -9695.55 - - 53.22RETAILINGPantloon Rt Sep 11 1078.41 8.77 12.43 -29.29 11.78 58.67Shopp Stp Dec 11 829.90 14.28 9.34 -43.53 5.65 108.76Trent Dec 11 242.59 23.06 14.10 0.64 9.60 59.54Provogue Sep 11 163.17 14.44 8.91 -8.24 13.51 9.58Total 2314.07 12.47 44.78 -22.58 9.48 57.20SHIPPINGShipping Crp Sep 11 1017.37 13.72 -140.60 - 16.69 -Mercator Sep 11 781.16 16.30 6.68 -87.04 18.83 -G E Shipping Sep 11 678.76 7.58 27.31 -83.81 47.49 12.02Essar Ports Dec 11 271.94 48.19 44.98 447.87 76.42 20.58Great Offsh Sep 11 200.63 -0.30 6.49 -76.90 48.35 3.56Total 2949.86 14.25 -55.14 - 32.00 22.52SHIPYARDABG Shipyard Sep 11 581.61 4.70 48.38 -14.02 23.96 11.47Bharati Ship Sep 11 465.20 18.87 23.52 -19.59 37.58 2.83Pipavav Defence Sep 11 449.83 156.08 9.41 - 23.96 70.23Total 1496.64 33.33 81.31 -2.41 28.20 20.45

(Rs crore) Quarter Net % Net % OPM TTM P/ECompany Ended Sales chg Profit chg (%) (Times)

(Rs crore) Quarter Net % Net % OPM TTM P/ECompany Ended Sales chg Profit chg (%) (Times)

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