Flagging

Ceat Tyres was a stunning winner among momentum stocks in a market where the slide is gathering speed. BEML rose 10% and is worth watching

Gainers: While we had identified Ceat Tyres as a momentum play, it was a surprisingly powerful gainer last fortnight shooting up 22%. Bharat Earth Movers (BEML) posted a growth of 20% and 68% in sales and operating profit, respectively, in March 2009...

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  • Banks Shine

    Educomp surged 16% on the news of UK publishing group Pearson plc. NTPC fell by 12%

    Gainers:
    Educomp Solutions surged 16% on the news that Pearson plc, the world-renowned publishing company (controlling the Financial Times group), will acquire a 50% stake in Educomp’s existing vocational training business for Rs85 crore. After completing their training, students will receive Pearson’s...

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  • Mixed Bag

     Axis Bank leapt by 16% and LIC Housing Finance jumped by 12%. Idea Cellular declined by 5%

    Gainers: LIC Housing Finance rallied 12%, continuing its most amazing run. It hit another all-time high last fortnight even as the market looked weak. We feel it has become overvalued and suggest exiting at handsome profits. Axis Bank was another stock to gain 16%. Infosys Technologies and Crisil rose...

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