Twisted thread

INVESTING INSIGHT

The stocks of companies engaged in the man-made textiles and fibres business have mixed run between December 2004 and February 15, 2005, on the Bombay Stock Exchange (BSE).

Anjani Synthetics shares rose from Rs 9 to Rs 13.77, up by 53 per cent, SRF Polymers from Rs 59 to Rs 66.95 and India Polyfibres from Rs 7.21 to Rs 8.53, up 18.37 per cent.

Damodar Threads inched up from Rs 15.30 to Rs 19.35, Central Polyester from Rs 8.36 to Rs 9.61 and Ester Industries from Rs 20.39 to Rs 21.85.

JBF Industries increased from Rs 51.35 to Rs 45.45, Jindal Poly Films from Rs 345.25 to Rs 529.65 and Futura Polyesters from Rs 18.89 to Rs 25.35.

Paras Petrofils firmed up from Rs 6.23 to Rs 8, Recron Synthetics from Rs 8.30 to Rs 12.03 and Sumeet Industries from Rs 7.32 to Rs 21.32.

Indo Rama Synthetics climbed from Rs 70.20 to Rs 72.25, Indian Acrylics from Rs 13.24 to Rs 17 and Nirlon from Rs 9.22 to Rs 10.10. Pasupati Acrylon gained from Rs 8.39 to Rs 10.70.

Nova Petrochemicals shares declined from Rs 48.65 on December 1, to today's close of Rs 43, down 11.61 per cent on BSE, while Modipon declined from Rs 64.45 to Rs 54.

JK Synthetics dropped drastically from Rs 17 to Rs 9.86.

Zenith Fibres declined from Rs 18.60 to Rs 18.35.