Momentum

Banking stocks were the best performers among A-graded stocks

Winners
Among the A-grade stocks in the momentum list, bank stocks were the best performers last fortnight. Bank of Baroda and Punjab National Bank were on top, rising 15% and 12%, respectively. Bank of Baroda (BoB) announced that it would start its life insurance business during the first quarter of the next fiscal in association...

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Evaporating Fuel

Remember ethanol, a form of alcohol that was supposed to be the answer to diminishing fossil fuels and make a lot of people rich, even as alarmists cried that it would create a food shortage? Well, there are cycles in everything. The ethanol dream has turned into a nightmare. Among the big losers? One of the richest men in the world: Bill Gates.

Six of the biggest publicly traded companies...

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Medium Term

We have made three changes, downgrading one stock to B and adding two stocks to the A grade

Gainers
None of the stocks could make it to the A grade last fortnight. Of the B-graded stocks 39 were in the positive. In the previous fortnight, Bhagwati Banquets was at the bottom of the list having declined 39%. It topped the list last fortnight, with a 36% rise. Bombay Rayon, a well-integrated...

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