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TRADING DESK

Stock of India's largest garment manufacturer and exporter, Gokaldas Exports, is expected to gain immensely due to the announcement of its aggressive expansion plans.  The company is setting up new units in Chennai, Hyderabad and Mysore, expanding its product range to include trousers, suits and nightwear and adding new client base.  The company will also invest Rs 100 crore in a unit in the 400-acre special economic zone (SEZ) near Bangalore set up by its group firm, Gokaldas Exports Apparel and Textile Park.

Stock of the week  

GUJARAT ALKALIES AND CHEMICALS
Last week's close (Rs)	171.53
Prev. week's close (Rs)	16-May
Week's high (Rs)	189.63
Week's low (Rs)	138.00
Number of up/down move	3/2

After underperforming the market for a long time and reporting a declining profitability in Q1FY07, stock of PSU major Gujarat Alkalies & Chemicals Ltd (GACL) closed the week with a spike of 25 per cent.

The announcement by the Gujarat Government to sell 36.7 per cent stake led to the company