Markets in H1FY06 - 90% of 2,244 actively traded stocks added to investors' wealth. | |
| Nine in every ten stocks traded on the Indian bourses had a very good run. Collectively they increased shareholders' wealth by a whopping Rs 4,58,175 crore in the first half (H1) ended September. |
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| Of the 2,244 actively traded stocks, as many as 2,016 (90 per cent) added to investors' wealth, while the remaining 228 came a cropper and eroded investors' wealth in the same period. |
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| The total market capitalisation of the stocks traded on the Bombay Stock Exchange (BSE) increased by 29 per cent compared with just one per cent during the same period last year. Aggregate market capitalisation of 2,244 stocks increased by Rs 4,58,175 crore, from Rs 15,71,613 crore on April 1 to Rs 20,29,788 crore on September 30. |
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| Except stocks in the Z group, all the frontline as well as mid-cap and small-cap stocks proved good for investors. The non-A group stocks, excluding Z group, increased it by 47 per cent to Rs 3,83,803 crore (Rs 2,60,629 crore). The Z group stocks eroded investors' wealth by 6 per cent to Rs 20,794 crore (Rs 22,129 crore). A group stocks increased investors' wealth by 26 per cent to Rs 16,25,191 crore (Rs 12,88,855 crore). |
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| Share price of 510 stocks more than doubled in H1. Of these, as many as 49 stocks gained between 300-500 per cent, 358 registered gains in the range of 100-200 per cent, 82 gained between 200-300 per cent and 15 stocks gained between 500-1,000 per cent. |
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Jaybharat Sarees and Anant Raj Industries topped the gainers list with the former gaining 1,328 per cent while the latter appreciated by 1,165 per cent. While a share of Jaybharat Saree was available at Rs 11.10 on April 1, it rose to Rs 158.55 on September 30 due to liberal issue of bonus shares in the ratio of nine for one.
| WHILE MOST HEADED NORTH... | | In Rs | 1-Apr | 30-Sep | %chg | | Ashco Ind | 31.00 | 288.85 | 831.77 | | Arihant Foundation | 34.50 | 257.30 | 645.80 | | KSL & Inds | 33.93 | 230.65 | 579.78 | | Prime Property Development | 28.05 | 190.35 | 578.61 | | Victoria Mills | 414.00 | 2790.60 | 574.06 | | Jindal Worldwide | 38.79 | 244.30 | 529.80 | | BF Utilities | 76.65 | 451.45 | 488.98 | | Rishi Laser Cutting | 20.35 | 114.70 | 463.64 | | Logix Microsystems | 28.35 | 156.60 | 452.38 | | Phoenix Mills | 6273.85 | 33322.25 | 431.13 | | Aeonian Investments Co | 82.75 | 421.20 | 409.00 | | Kaycee Industries | 880.00 | 4407.39 | 400.84 | | Financial Technologies | 271.39 | 1317.40 | 385.43 | | Surana Inds | 25.50 | 122.45 | 380.20 | | D S Kulkarni Developers | 31.35 | 148.69 | 374.29 | | Assam Co | 49.35 | 229.15 | 364.34 |
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| Anant Raj Industries gained 1,165 per cent as the board approved the merger of five companies, engaged in the businesses of development of real estate, construction and investment in the hospitality sector with the company. The stock gained from Rs 17.39 on April 1 to Rs 220.05 on September 30. |
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About 109 stocks reported over 100 per cent gains in the first half of FY05 and FY06. Aeonian Investment appreciated 743 per cent, from Rs 8.98 to Rs 75.70 in the first half of FY05, and by 409 per cent from Rs 82.75 to Rs 421.70 in the first half of FY06. Prominent among them are ICSA (India), up 526 per cent in H1 of FY05 and 111 per cent in H1 of FY06, Vama Industries gained 264 per cent in H1 of FY05 and 268 per cent in H1 of FY06.
| SOME HEADED SOUTH... | | In Rs | 1-Apr | 30-Sep | %chg | | Teledata Informatics | 52.50 | 26.35 | -49.81 | | Tulip Star Hotels | 80.00 | 42.50 | -46.88 | | Ruchi Infra | 40.36 | 22.10 | -45.24 | | SB & T Int | 119.20 | 76.65 | -35.70 | | RTS Power Corporation | 76.00 | 49.45 | -34.93 | | HFCL Infotel | 40.00 | 26.10 | -34.75 | | Jindal Poly Films | 485.00 | 317.75 | -34.48 | | Hexaware Technologies | 154.73 | 103.35 | -33.21 | | Uttam Galva | 68.20 | 48.05 | -29.55 | | Wanbury | 214.40 | 152.30 | -28.96 | | Ispat Ind | 29.60 | 21.55 | -27.20 | | Muller & Phipps | 100.00 | 73.00 | -27.00 | | Themis Medicare | 272.39 | 199.50 | -26.76 | | JSW Steel | 391.30 | 289.75 | -25.95 | | Shaw Wallace | 217.05 | 163.15 | -24.83 | | Metalman Industries | 34.75 | 26.15 | -24.75 |
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