Friday, October 30, 2009

Growth Is Life!

Stock market bubbles don't grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception – George Soros
69 stocks that fell the most in last 3 days http://www.moneycontrol.com/news/business/datawatch-69-stocks-that-fellmostlast-3-days_421300.html


No
Company
Sector
28/10/2009 Intra Low
23/10/2009 Closing Price
%
Chg


1
MIC Electronics
Telecommunication
36.7
48.45
-24.25

2
Puravankara Pro
Real Estate
88.6
114.45
-22.59

3
Jet Airways
Services
334.4
429.3
-22.11

4
Everest Kanto
Manufacturing
158.3
201.95
-21.61

5
Ajmera Realty
Metals & Mining
241.7
306.55
-21.15

6
Alkali Metals
Chemicals
149.3
189.1
-21.05

7
IAG Company
Manufacturing
19
24.02
-20.9

8
JSW Holdings
Banking & Finance
1452.5
1819.1
-20.15

9
Punj Lloyd
Engineering
208.1
260.55
-20.13

10
Shree Precoated
Metals & Mining
18.55
23.1
-19.7

11
Dena Bank
Banking & Finance
61
75.5
-19.21

12
EuroMult
Technology
31.55
39.05
-19.21

13
Pioneer Distill
Food & Beverages
48.5
59.75
-18.83

14
Aptech
Technology
214
263.15
-18.68

15
Metrochem
Chemicals
35.3
43.4
-18.66

16
Jaihind Project
Cement
125.35
153.15
-18.15

17
Cambridge Sol
Technology
79.2
96.7
-18.1

18
Suraj Stainless
Metals & Mining
92.3
112.6
-18.03

19
Brigade Enterp
Real Estate
113.95
139
-18.02

20
NIIT
Technology
59.4
72.4
-17.96



21
Guj Borosil
Manufacturing
12.9
15.63
-17.47

22
Karnataka Bank
Banking & Finance
130.75
158.4
-17.46

23
Omaxe
Real Estate
101.7
123.15
-17.42

24
Pritish Nandy
Media
28.25
34.15
-17.28

25
Unitech
Cement
81.65
98.65
-17.23

26
IndusInd Bank
Banking & Finance
115.15
139.05
-17.19

27
Mercator Lines
Services
52.75
63.7
-17.19

28
Liberty Phos
Chemicals
29.65
35.8
-17.18

29
Firstsource Sol
Technology
28.95
34.9
-17.05

30
Goldstone Tech
Technology
25.5
30.6
-16.67

31
Veer Energy
Cement
10.8
12.95
-16.6

32
Bartronics
Miscellaneous
135
161.85
-16.59

33
High Energy Bat
Cons Non-durables
107
128.2
-16.54

34
Transcorp Int
Miscellaneous
32
38.3
-16.45

35
Tantia Const
Cement
96.5
115.5
-16.45

36
Vijaya Bank
Banking & Finance
43.7
52.3
-16.44

37
Shreyans Ind
Manufacturing
25.9
30.95
-16.32

38
NRB Bearings
Engineering
51.5
61.45
-16.19

39
SREI Infra
Banking & Finance
71.65
85.3
-16

40
Henkel India
Chemicals
40.25
47.9
-15.97

41
Austin Eng
Engineering
74.5
88.65
-15.96

42
Tanfac Ind
Chemicals
29
34.5
-15.94

43
Sterling Bio
Pharmaceuticals
92.1
109.55
-15.93

44
Moser Baer
Technology
75.5
89.8
-15.92

45
Four Soft
Technology
20.5
24.35
-15.81








46
Hatsun Agro
Food & Beverages
80.1
95.1
-15.77

47
Kolte-Patil
Real Estate
47.1
55.9
-15.74

48
Reliance Natura
Oil & Gas
71.1
84.3
-15.66

49
Dhanalak Bnk
Banking & Finance
135
160
-15.63

50
Todays Writi
Miscellaneous
26.3
31.15
-15.57

51
Ansal Propertie
Real Estate
65.5
77.55
-15.54

52
C and C Const
Cement
223.2
264.05
-15.47

53
DCB
Banking & Finance
33.05
39.1
-15.47

54
Harrisons Malay
Food & Beverages
100
118.25
-15.43

55
Adhunik Metalik
Metals & Mining
97.95
115.7
-15.34

56
La Opala RG
Manufacturing
25.15
29.7
-15.32

57
Ansal Housing
Real Estate
47.7
56.3
-15.28

58
Vishal Retail
Services
61.55
72.65
-15.28

59
Tricom India
Technology
14.45
17.05
-15.25

60
Acrysil India
Manufacturing
93.95
110.8
-15.21

61
Precision Elec
Telecommunication
18.5
21.8
-15.14

62
WS Industries
Engineering
53.6
63.15
-15.12

63
Sri Adhikari
Media
22.2
26.15
-15.11

64
Hydro SandS Ind
Manufacturing
28.95
34.1
-15.1

65
Menon Bearings
Engineering
34.05
40.1
-15.09

66
Som Distillerie
Food & Beverages
20
23.55
-15.07

67
Swiss Glascoat
Manufacturing
31.65
37.25
-15.03

68
Jindal Hotels
Services
27.45
32.3
-15.02

69
Peninsula Land
Real Estate
75
88.25
-15.01



ADAG Group stocks RNRL, RCOM, RELIANCEMEDIA, RELCAPITAL, RPOWER and RELIANCEINFRA are seeing selling pressure higher than general market as RCOM controversy on accounts understatement is making investor shift stock.

RCOM Cmp Rs.189, all time high for the stock Rs.884 and all time low Rs.131



In the past three months, the income-tax department has conducted raids and searches at over a dozen listed companies. Firms which have come under the I-T department’s scanner include real estate major HDIL, shipping major ABG Shipyard, DLF, Supreme Infrastructure, Temptation Foods, Bombay Rayon, J Kumar Infra, Radhe Developers and the IPO-bound Polycab Wires, according to media reports and stock exchange filings.

Comment:- Markets always take time to move up, but for correction it never takes time as a building can be destroyed in a night but to build it takes months. So investors need to take informed decision always and better not to buy just for the sake of buying, always check whether the company has potential to grow over the next 2-3 years and then only invest. Never invest in euphoric stocks where valuations seem high but visible growth is not present, as they say "Growth Is Life!"