Mukul Pal

Behaviouralerrorcalled‘representativeness’suggests thathumanscanbeeasilyanchored.These

anchorsarepsychologicalbiases,whicharemore inaccuratethanaccurate. Ifyoubuyausedcarbasedonjust theodometerreadingandthemodelyear,youareanchored(biasednotobjective).Stock markets are no different and

market players work on similar anchors.Now what are the most watched popularanchors? Gold or dollar may be importantanchors but nothing beats the allure ofthe Dow. What happens in America(especially American markets) still getsthe most eyeballs. Why America? WhyDow (Dow Jones Industrial)? Call it softpower, spin or Mac burger @ IPhone.The more we get globallyinterconnected, the more we getemotionally hooked, and the more weget anchored (hooked onto a bias), themore global markets get correlated.Despite limited emerging market

history, it has not taken us much time tosync regional market lows and highswith Dow. Be it 2000 high, September2011 lows, 2007 highs and the recent2009 lows, the equity brotherhoodoscillates together with the Dow. Onemay say, Ok! Dow is an anchor, but whythe fooling? There is one thing about the

market I have learnt over years. It alwayssurprises. The element of surprise isrepetitive. The cyclical nature of themarket exists because the majority ofmarket participants are intuitive. So ifthere are only 95 per cent of us bearish,the possibility of a bullish reversal ismore likely. Surprise is also becausewhen majority clusters at the intuitivebearish end, it leaves the market nochoice but to surprise. Ninety five per

cent bears have limited counter party tokeep falling. In other words bears need abuyer to sell too.The Solomon Asch three line

experiment illustrated how foolishly weherd and confirm. The “naive participant”was fooled to believe the group opinionby calling lines of different length ashaving the same length. If humans havean instinct to herd then how can weever believe public opinion to have anypredictive value. Human opinions don'ttransform if we replace lines on a pieceof paper to one on the trading desk. TheDow Jones Industrial (Dow) is a line forthe “individual participant”, the one notin the market hypnosis experiment.The majority may say that Dow is

bearish because of the various causes.But what would the individualparticipant say; the one who is outsidethe influence of the herd. Well he wouldsay that “I see a line that is movingsideways for 10 years and now I see itheading to the 10 year level”. If thisparticipant would be shown a yearlychart, he would change his opinion andsay that “now the line has alreadyreached the 10 year high”. If thisunbiased observer was given the Dowdenominated in Indian Rupee, he wouldsay “the line (Dow Jones) is above theprevious multi year highs and seems tobe headed higher”.Unfortunately, if most of us are

bearish and fail to objectively shout outthat the “king is naked”, it is tough forus to conserve, leave aside profit. Nowthat on a yearly basis the Dow isalready at a historical high, the 5 percent daily up-move is a mere formalitythat would reconfirm that the world'sforemost wealth anchor is bullish. Therespective underperformances aregetting ready to bottom and reversecourse. This would mean that if weassume Dow is breaking 14,000 shortly,a minimum target would be 50 per centhigher. This could mean a multipletimes growth for most emergingmarkets like India, a potential upside of150 per cent in 18-36 months. Now onemay call, the “individual participant”foolish, but success comes to the onewho rather be alone and “foolish” thanbe in a group and “smart”.

The author is CMT, and Co-Founder,Orpheus CAPITALS, a global alternative

research firm

�� Q&A: Rishi Nathany, CEO, Dalmia Securities

�� Result Analysis: Tata Steel �� Tech View: Nifty in overboughtzoneINSIDE

The cyclical nature of the market exists because themajority of market participants are intuitive

FOOLED BY DOW14 August 2012, Mumbai

So if there are only 95 per cent of usbearish, the possibility of a bullish

reversal is more likely

TALK SHOW

2

‘Markets moving contrary to generalpessimism surrounding our economy’

DDoo yyoouu tthhiinnkk tthhaatt tthhee mmaarrkkeettss hhaavvee rruunn aahheeaaddooff tthheeiirr ffuunnddaammeennttaallss ggiivveenn tthhee rriissee ssiinncceeJJuullyy?? WWhhyy // wwhhyy nnoott?? IIss tthhiiss aa ““sseellll oonn aa rriissee””ssiittuuaattiioonn??The markets generally move more on futureoutlook than current news. Moreover, we feelthat a lot of bad news is already priced inand the markets are moving contrary to thegeneral pessimism surrounding our economy,in hope of some improvement infundamentals in the near future.

WWhhaatt iiss yyoouurr aasssseessssmmeenntt ooff tthheeeeccoonnoommiicc ssiittuuaattiioonn ggiivveenn tthheeJJuullyy iinnffllaattiioonn nnuummbbeerrss aanndd hhoowwsseerriioouussllyy sshhoouulldd oonnee ttaakkee tthhiiss aasstthhiinnggss ssttaanndd??The inflation numbers havemoderated, which is a veryencouraging sign. While it isquite early to make a prediction,in case this trend persists, we could hope for some possible rate cuts in the near future.

DDoo yyoouu tthhiinnkk tthhaatt tthhee RReesseerrvvee BBaannkk ooff IInnddiiaa((RRBBII)) ccoouulldd ppoossssiibbllyy cchhaannggee iittss ssttaannccee oonniinntteerreesstt rraatteess aannyyttiimmee ssoooonn?? WWhhaatt iiss tthheeqquuaannttuumm ooff rraattee ccuutt ddoo yyoouu eexxppeecctt iinn FFYY1133??RBI changing its stand on rate cuts would toa large extent depend on inflation beingtamed. If inflation continues to fall, we couldhope to see maybe a 50 basis point (bps) ratecut in this fiscal.

AAss aa ppoorrttffoolliioo ssttrraatteeggyy,, hhooww mmuucchh eexxppoossuurreewwoouulldd yyoouu rreeccoommmmeenndd ttoo eeqquuiittiieess aanndd ddeebbtt??WWhhaatt hhaass bbeeeenn yyoouu iinnvveessttmmeenntt ssttrraatteeggyy ssiinncceetthhee ppaasstt ffeeww mmoonntthhss aanndd wwhhaatt aarree yyoouu aaddvviissiinnggiinnvveessttoorrss nnooww??Asset allocation between debt and equitiesdepends entirely on the risk profile, age, lifestage and situation of the investor. Therefore,there cannot be a pre-decided formula foreveryone. Having said that, we feel that at this

stage it would be wise for investors tomaintain exposure to both asset classesin their portfolios.

HHooww ddoo yyoouu sseeee tthhee ccaappiittaall ggooooddss aannddiinnffrraassttrruuccttuurree sseeccttoorrss ppeerrffoorrmmiinngg iinn tthheeqquuaarrtteerrss aahheeaadd ggiivveenn hhooww tthhee iinntteerreessttrraatteess mmaayy ppaann oouutt?? WWhhaatt aabboouutt tthheemmaannuuffaaccttuurriinngg ssppaaccee ggiivveenn tthhee oouuttllooookkffoorr kkeeyy ccoommmmooddiittiieess??The capital goods and the infrastructure

sectors are reeling under a large debt burden.Any fall in interest rates would come as a hugerelief for them. The manufacturing space couldbenefit with lower interest rates as well asmoderating commodity prices.

WWoouulldd cceemmeenntt bbee aa ccoonnttrraarriiaann bbeett ggiivveenn hhoowwtthhee pprriicceess aanndd tthhee ssaalleess hhaavvee ppaannnneedd oouutt tthhuussffaarr?? AArree tthheerree aannyy ootthheerr ssttoocckkss // sseeccttoorrss tthhaatt yyoouuwwoouulldd lliikkee ttoo iinnvveesstt iinn aass aa ccoonnttrraarriiaann ppiicckk??We are positive on the cement sector. Othercontrarian bets could be capital goods andengineering, PSU banks and autos.

RRiisshhii NNaatthhaannyy,,CEO, DalmiaSecurities spoketo PPuunneeeettWWaaddhhwwaa on theRBI and marketoutlook

The manufacturingspace could benefitwith lower interest

rates as well asmoderating

commodity prices

Read more...

Kunal Bothra, TechnicalAnalyst, LKP Securities

Coal India, is in aconsolidation mode,forming a broadeningtriangle. Near term also

looks like the stock would remain inthe range of 345 and 360.

Mudit Goyal, technicalanalyst, SMC Global

Market is consolidating in thetight range of 5260-5380from past few sessions toform the fresh buying pivots

on chart. Once we get the breakout of5400 then fresh buying can be

Chandan Taparia, DerivativeAnalyst, Anand Rathi

Nifty future has rallied by 6%in the August series andmometum is still continue inthe market, on upside

maximum call OI is at 5500 and 5400strike so that zone is likeyl to act as

Read more... Read more...

3

FEATURES

Shishir Asthana

Tata Steel moved 2.7% higher afterthe company announced itsresults. Though profits crashed

from Rs 5,294 crore in June 2011 to Rs598 crore in June 2012 it is animprovement over the previous quarterwhich recorded a profit of Rs 433.5crore. However, the market is upbeat onrising operating profit thanks only tobetter realisations in its Europeanbusiness.

Though the margin in its Europeanbusiness has improved, it is likely to beshort-lived. Tata Steel’s analystpresentation says that the “selling pricerecovery not sustained in latter part offirst quarter of FY13, reflectingconfidence concerns caused byEuropean sovereign debt crisis”.

A closer look at the company’s resultshighlights further stress on the company.Deliveries at 5.7 million tonne are notonly lower as compared to June 2011 at

6.1 million tonne, but are also belowMarch 2012 at 6.2 million tonne. EBIDTA(Earnings before interest, tax,depreciation and amortisation) in June2012 improved to $644 million against$615 million in the previous quarter.

In the June 2012 quarter, the Indianarm of the company too felt the pressure.Deliveries were lower at 1.59 milliontonne as compared to 1.77 million tonnein March 2012 though they were at thesame level as June 2011. However,EBIDTA fell to $502 million as comparedto $535 million in March 2012 and $567million in June 2011. The EBIDTA could

have been lower, but for a strongperformance by the Ferro Alloys andMineral Division which saw its operatingprofit jump from $23 million in March2012 to $34 million in June 2012. TheEBIDTA per tonne has dropped from$330 per tonne in March 2012 quarter to$316 per tonne in June 2012.

Even in the European division,deliveries have been lower at 3.21million tonne as compared to 3.55million tonnes in March 2012. This isdespite the fact that the company hasproduced 3.53 million tonnes ascompared to 3.3 million tonne in theprevious quarter, indicating that it isfinding it difficult to push its productwithout compromising on margins.Nonetheless there was a sharpimprovement in its EBIDTA whichincreased from $26 million in March2012 to $111 million. EBIDTA per tonnehas improved from $8 per tonne to $35per tonne sequentially.

Global steel over-supply, which isreflected in lower capacity utilisation ofthe industry at 80%, is expected to keepprices under pressure. Though rawmaterial prices are coming downsharply, the biggest beneficiaries will benon-integrated players. In fact, such asharp drop in raw material prices willprevent companies from raising prices,further adding to their woes.

The fall in profitability of Tata Steel’sIndian arm is a big negative in thecompany’s June quarter performance,which overshadows the strongperformance of its European unit.Profitability of its European unit isdifficult to maintain and if the Indian unitcontinues to slip, Tata Steel will havefewer reason to rejoice.

With Fitch downgradingArcelorMittal only a week back onaccount of challenging steel marketenvironment, Tata Steel will find thegoing tough too.

Result Analysis: Tata SteelThough there was an improvement in its European business, it’sunlikely to continue going forward

4

Abhishek Vasudev

The benchmark indices ended higheron Tuesday, amid firm global cues,led by banks as lower inflation in July

raised hopes of a rate cut by the centralbank. Gains in index heavyweight RelianceIndustries also boosted sentiment. TheSensex ended at 17,728, up 95 points andthe 50-share Nifty jumped 32 points toclose at 5,380.

The markets opened lower in earlytrades and remained range bound till theannouncement of the inflation data.

The WPI inflation for the month of Julycame in at 6.87% lower than the streetexpectation of 7.24%. The fuel groupinflation came in at 5.98% versus 10.27%during the previous month. Food articleinflation lowered to 10.06% compared to10.81% and the primary article inflationwas at 10.39% versus 10.46% on a monthon month basis.

Meanwhile, the European marketswere trading higher as slightly better thanexpected performances by the Germanand French economies in the secondquarter eased anxiety about wider eurozone data that are likely to show the blocsliding back towards recession. The CAC,DAX and FTSE were trading higher by 0.5-0.8% each.

The Asian markets ended higher on theback of bargain hunting. Hang Sengadvanced 210 points to 20,292, Nikkeijumped 45 points to 8,929 and the TaiwanWeighted closed at 7,479, up 43 points.

Back home, banking stocks witnessedrenewed buying interest on the back ofJuly inflation data, reviving hopes that thecentral bank might cut the key rates in thenext policy review. ICICI Bank, State Bankof India, Axis Bank, Bank of Baroda, IDBIBank, Punjab National Bank and KotakMahindra Bank are among the top bankinggainers from the heavyweight space.

Tata Steel was the top gainer amongthe Sensex stocks. It advanced nearly 3%to close at Rs 406 after reporting a better-than-expected consolidated net profit of Rs598 crore for the quarter ended June 30,2012. Analysts, on an average, hadexpected net profit of Rs 530 crore for thequarter. Total income from operations

grew 2.5% at Rs 33,821 crore on y-o-ybasis.

Tata Motors, Jindal Steel, ONGC, GailIndia, index heavyweight RelianceIndustries, Coal India, Mahindra &Mahindra, Larsen & Toubro, HindustanUnilever and Infosys were also among thegainers, up 0.6-2.6% each.

On the other hand, Sun Pharma wasthe top loser from the heavyweight space.The stock slipped 2.2% to Rs 667 onreports that a minority shareholder ofIsrael's Taro Pharma rejected thecompany’s revised offer price of $39.5 ashare for a buyout.

Led by gains in heavyweights such asGAIL, ONGC and RIL, the BSE oil & Gasindex ended as the sectoral gainer.

Among the individual stocks,Amara Raja Batteries soared 14% to

Rs 364 after reporting a robust 95% year-on-year (yoy) jump in net profit at Rs 76crore for the quarter ended June 30, 2012on back of higher sales. Total operationalincome grew 32% at Rs 694 crore on y-o-ybasis.

The broader markets ended on a flatnote. The BSE mid-cap index ended higherby 0.3% at 6,148 and the small-cap indexadvanced 0.25% to end at 6,596.

The overall breadth was neutral as1,412 stocks advanced while 1,385declined.

MARKET REPORT

Global cues, rate cut hopes lift markets

SENSEX17728.20 (0.54%)

NIFTY5,380.35 (0.61%)

MARKETS TODAY (BSE)BSE 100: 5369.67 � 0.53%BSE 500: 6781.15 � 0.49%

Small-Cap: 6596.40 �0.25%Mid-Cap: 6147.67 �0.30%

� �

SECTOR WATCHINDICES LAST % CHG

TOP GAINERSOIL&GAS 8470.63 1.27

BANKEX 12067.38 1.08

METAL 10637.14 0.83

AUTO 9422.07 0.71

CONSUMER DURABLES 6405.37 0.55

IT 5573.30 0.42

COMPANY TURN** LAST* % CHG

ST BK OF INDIA 700 1,910.4 0.2

UNITED SPIRITS 567 888.0 -3.6

RELIANCE INDS. 302 799.6 1.4

TATA STEEL 267 406.1 2.7

LARSEN & TOUBRO 240 1,454.6 1.0

ICICI BANK 228 969.8 2.2

MOST ACTIVECOMPANY VOL* LAST* % CHG

LANCO INFRATECH 241 12.5 -3.1

SUZLON ENERGY 219 17.0 -4.0

H D I L 189 83.7 -2.6

OPTO CIRCUITS 111 147.9 -1.4

JP ASSOCIATES 110 77.1 2.5

UNITECH 89 21.3 -0.9

Click here for more market statistics * = Closing Price, ** = Turnover (Rs in crore), # = (million shares)

5

Asian markets advance on stimulus hopesSI Reporter & Agency

Japan's Nikkei share average inchedup on Tuesday as investors pickedup stocks that were oversold

during a disappointing earnings season,with hopes for fresh global stimuluscontinuing to underpin quiet markets.The Nikkei rose 0.5% to 8,930

points after briefly peeping above its200-day moving average at 8,959, amove analysts said showed optimism,but ultimately a lack of conviction."It seemed that the aggressive short

selling that had been going on for acouple of months has kind of dried up,"said a senior trader at a foreign bank."Global quantitative easing is beingpriced in but we find ourselves withnothing to verify or dismiss that."Hopes that central banks will further

ease policy to boost a flagging globaleconomy helped the Nikkei to itsbiggest weekly gain last week sinceFebruary, despite no sign of imminent

institutional action.Hong Kong shares had their first

gain in three days on Monday as someinvestors ventured back into Chinesebanks, but the strength of defensivestocks and the benchmark's failure tobreach a resistance level showed themood remains cautious.Gains accelerated in the afternoon

after European markets were lifted byslightly better-than-expected Frenchand German economic data. Hong Kongturnover was the highest since May 31,although about 18% was due to a stakesale in Swire Properties.The Hang Seng Index closed up

1.1% at 20,292, but gains were cappedby last Thursday's high at 20,300. Thisis also the top end of a 240-point rangein which the benchmark has moved forseven sessions."Nobody is looking beyond the

short-term right now," said Hong Hao,chief equity strategist at Bank ofCommunications International

Securities. "Volatility is dropping,suggesting there's no real commitmentto the rally."Mainland Chinese markets reversed

midday losses to also break a two-daylosing streak, with strength in bankingand energy majors offsetting weaknessin the non-bank financial sector asvolume stayed weak.The ShanghaiComposite Index rose 0.3%.

GLOBAL MARKETSEEUURROOPPEE LLAASSTT CCHHGG ((%%))

FTSE 100 5,862 0.5

DAX 6,966 0.8

CAC 40 3,445 0.5AASSIIAA LLAASSTT CCHHGG ((%%))

HANG SENG 20,292 1.1

NIKKEI 225 8,930 0.5

TAIWAN 7,479 0.6

STRAITS 3,088 0.8

SHANGHAI 2,143 0.3

KOSPI 1,957 1.3*As of 1500 IST

OTHER MARKETS AT 1700 IST

SSuunn PPhhaarrmmaacceeuuttiiccaall Industries hasended down 2% at Rs 668 on reportsthat a minority shareholder of Israel'sTaro Pharma rejected the company’srevised offer price of $39.5 a share for abuyout.“A minority shareholder Grand Slam

Asset Management in an open letterurged Taro’s shareholders to reject thenew offer, which was 60% higher thanearlier offer price, “the media reportsuggests.Sun Pharma, which hold 66.5% in

Taro, has been engaged in a long-drawn battle for complete control ofTaro, had offered $24.50 a share toacquire the remaining shares.

Volume Shocker: WWIL

WWiirree aanndd WWiirreelleessss India Limited(WWIL) ended up in 10% upper circuitat Rs 20.90, also its two-year high, onthe back of over five fold jump in thetrading volumes.As many as a combined 11.07

million shares changed hands on thecounter on both the stock exchanges,against an average of around twomillion shares that were traded dailyin past two weeks. The board of broadcasting and

cable TV operator at its meeting heldon August 13, approved in-principleissuance of 162 million convertiblewarrants.

Kingfisher Airlines extendsgains

KKiinnggffiisshheerr AAiirrlliinneess has rallied 6.5% toend at Rs 9.46, extending its previousday’s 20% surge after the companysaid it is in talks with severalinvestors to raise funds.The counter has seen huge trading

activity with a combined 35.3 millionshares representing 7% of free-floatequity changing hands on the counterso far on both the exchanges. The cash-strapped private carriers

has reported a straight quarterly lossfor past twenty-two quarters, saidthat it continues to believe it will getrecapitalised and get on a path ofsustained profitability.

Sun Pharma dips as Taroinvestors reject new offer

GOLD Rs 3300,,111177 / $ 11,,661111..3355

CRUDE OIL Rs 55,,118844 / $ 9933..0099

CURRENCYRs 5555..6666/$

6

Analyst Corner

STATE BANK OF INDIARReeccoo pprriiccee//DDaattee:: Rs 1,888/August 13CCMMPP//TTaarrggeett PPrriiccee:: Rs 1,910/Rs 2,010

Growth of 14.6 per cent in netinterest income was marginally weakerthan expected. Loan growth was line butnet interest margin weakened--down32 basis points (bps) sequentially. Grossand net non performing assets inched up55 bps and 44 bps sequentially to 4.99per cent and 2.22 per cent respectively.While we are not shocked at Q1Fy13asset quality, the quantum was definitelyhigher than we can digest. Given ourview of economic slowdown, we expectslippage ratio to be elevated at 3.4 percent and 2.3 per cent for FY13 and FY14respectively but SBI should have enoughfirepower to cover up the losses withNIM at about 3.6 per cent. Valuation at1.2 times consolidated book value seemto be below fair levels and it would bewise to build exposure. Maintain ADD

- BRICS

SUN PHARMARReeccoo pprriiccee//DDaattee:: Rs 675/August 13CCMMPP//TTaarrggeett PPrriiccee:: Rs 667/Rs 650

The company delivered strong set ofnumbers as growth of 64 per cent in netsales at Rs 2680 was ahead ofestimates due to 185 per cent growth inUS, higher Taro sales (43 per cent) and

strong currency realization. US benefitedfrom high margin Lipodox and rampup inkey products. There was improvedperformance in core business (ex-Taro,ex-Lipidox and one-offs). Operating profitmargin of 46 per cent and growth of 59per cent in net profit (Rs 796 crore) wasalso ahead of estimates. Going forward,top line growth will be impacted fromTaro’s high base, while a more gradualprice reduction is likely to hold margin.We are confident of Sun’s executionhowever we see a slowdown in coreearnings due to higher tax rate andlower margins in Taro. Maintain HOLD.

- Edelweiss Securities

MCNALLY BHARAT ENGINEERINGRReeccoo pprriiccee//DDaattee:: Rs 93/August 10CCMMPP//TTaarrggeett PPrriiccee:: Rs 93/Rs 110

McNally delivered strong standaloneperformance with revenue growth of 18per cent (led by strong order backlog),operating profit margin of 7.9 per cent(highest in past 16 quarters) and netprofit growth of 14 per cent. Orderinflows at Rs 1020 crore jumped 75 percent year on year and consolidated orderbook increased 18 per cent y-o-y to Rs4,650 crore (1.8 times FY12 revenues).The company is L1 for orders worth Rs400 crore and has a healthy order bidpipeline at Rs 21,000 crore. However,

performance of the company’ssubsidiary, McNally Sayaji continued todisappoint and remained sub-par. Risk toearnings remain from concerns onprofitability of incremental order inflows,profitable execution of current orderbacklog and rising debt. We foresee nore-rating catalysts in near term. MaintainHold

- Emkay Global Financial Services

BHARAT FORGERReeccoo pprriiccee//DDaattee:: Rs 312/August 10CCMMPP//TTaarrggeett PPrriiccee:: Rs 302/Rs 295

Net revenue of Rs 936.4 crore was8 per cent below estimates as weakdomestic demand was partially offsetby healthy exports. Operating profitwas also 8 per cent below estimatesas slight improvement in grossmargins was offset by higheremployee expenses. Neverthelessmargins were inline. Growth of 8 percent in net profit (Rs 105 crore) wasaffected by increased interest cost onaccount of high cost ECB raised torepay FCCBs ($40 million) and forexlosses (Rs 14.5 crore). We believe thatboth domestic and overseas business(Europe, US and China) of BharatForge face significant headwinds. Wecut EPS estimates by 6 per cent and 7per cent for FY13 and 14 respectively.Maintain SELL

- Citi Research

7

IN NEWSIN BRIEF

T E Narsimhan

The Indian Oil Corporation (IOC's)subsidiary Chennai PetroleumCorporation Ltd (CPCL) is

planning to invest about Rs 760 crorein the current fiscal year.

Major part of the investment would gotowards the company's resid projectwhich is awaiting environmentalclearance. The total cost of theupgradation project is estimated to bearound Rs 3000 crore.

A S Basu, managing director, CPCLsaid that 50% of the Rs 730-760 crorewould go for resid project and crude oilpipeline project connecting Chennai portwith company's refinery at Manali, northof Chennai.

He added, the resid project wassupposed to go on stream end of 2013,but it will be delayed. "From the time we

get environment clearance, it will take 30months to commission the project".

The project will help the company toimprove its gross refinery margin (GRM)by $1-2 per barrel, said D Lilly, director -finance, CPCL.

Asked whether the delay will increasethe cost of the project, Lilly said, "it(escalation) may not be their now sinceeconomic slow down still continues".

India Cements eyes SouthAfrica and SriLankan market

Power utilities report 2.9 bnunits generation loss in Q1

BS Reporter

India Cements Ltd is exploring atpossibilities of exports to Sri Lankaand South African countries. However,the company says the quantum ofexports would be marginal and wouldnot offset the Indian market slowdown.

“We are looking at exports fromIndia, to countries like Sri Lanka andSouth Africa. Of course, there arechallenges to face in it, but exports isfeasible now,” said N Srinivasan, vicechairman and managing director, IndiaCements Ltd.

The company is expected to startexports to one of the countries,probably with Sri Lanka, within thisfiscal year. However, he refused todivulge more details.

R-POWER Q1 NET UP 22%AT RS 240 CRAnil Ambani-controlled ReliancePower posted a 22% increase inconsolidated net profit at Rs 240crore for the quarter ended June2012 as against Rs 196 crore inthe same period a year ago.

The consolidated total incomesoared 82% to Rs 1,252 crore fromRs 689 crore in June 2011.

In its statement to the BombayStock Exchange, the company saidthat it will commission the 600 MWButibori project by 2012-end.

NALCO NET PROFITDOWN 40.8% IN Q1National Aluminium Ltd todayreported its results for the Quarterended June 30, 2012.

The Company posted 40.8% fallin net profits at Rs. 2,23 croreforthe quarter ended June 30, 2012 ascompared to Rs. 3,77 crore for thequarter ended June 30, 2011,

Total Income increased by0.49% from Rs. 18,8.8 crore for thequarter ended June 30, 2011 to Rs.18,88.4 crore for the quarter endedJune 30, 2012, the company said ina filing to BSE.

THOMAS COOKCONCLUDES STAKE SALEOF INDIA OPSUK-based travel major ThomasCook Group PLC (TCG) hasconcluded the sale of 76.69%stake in its India operations toinvestment firm Fairbridge Capital(Mauritius). The sale was approvedwith 99.99% votes by shareholdersof Thomas Cook Group, ThomasCook India Ltd (TCIL) said. TCILManging Director MadhavanMenon said: "Thomas Cook Indiaand Fairbridge Capital sharesimilar values and beliefs and weare confident that the newownership will build on thepowerful growth momentum."

T E Narasimhan

The power utilities in the countryhave reported a generation loss of

about 2.9 billion unit (BU) between Apriland June 2012. The loss was attributedto shortage of coal.

K C Venugopal, Minister of State forPower told Rajya Sabha that betweenApril and June, 2012, power generatedusing coal was 163.06 billion unitagainst the target of 153.85 billionunit, an increase of 105.98% and agrowth of 13.68% over the actualgeneration of 143.44 billion unit duringApril to June, 2011. “The power utilitieshave, however, reported a generation lossof about 2.9 billion unit (BU) due toshortage of coal during the period April-June, 2012,” Venugopal said.

IOC subsidiary CPCL to investRs 760 cr in FY13

8

Price as on Aug 14, 12 Open interest % of Open interest

Close (cash) LTP (future) Shares `̀ crore Futures Call Put

BAJAJ AUTO 1688.60 1698.40 1312 221.48 81.65 6.21 12.13BHARTI AIRTEL 260.80 260.90 43359 1130.80 56.79 35.94 7.27BHEL 231.90 233.10 24304 563.61 73.29 18.15 8.56CIPLA 349.50 351.40 6272 219.21 86.22 9.20 4.58COAL INDIA 353.75 355.40 5632 199.23 83.50 7.78 8.72DR REDDYS LABS 1645.65 1653.60 763 125.60 97.05 2.83 0.11GAIL 375.10 371.75 2430 91.15 89.63 7.08 3.29HDFC 702.85 706.10 23520 1653.07 93.29 4.40 2.32HDFC BANK 608.15 611.75 17221 1047.26 92.11 3.46 4.44HERO HONDA 1880.15 1891.15 1960 368.42 83.30 12.77 3.93HINDALCO 120.10 120.65 30508 366.40 76.07 15.17 8.76HUL 495.90 498.30 13222 655.68 69.54 13.16 17.30ICICI BANK 969.80 974.25 16082 1559.58 71.08 15.61 13.32INFOSYS TECHN 2329.35 2336.85 5602 1304.93 62.56 20.15 17.29ITC 267.80 269.50 25262 676.52 81.09 7.89 11.02JINDAL STEEL 418.00 420.45 6209 259.54 87.88 8.14 3.98LARSEN & TOUBRO 1454.60 1458.50 7217 1049.78 66.57 14.36 19.07MAH & MAH 748.50 752.65 5595 418.79 69.71 13.07 17.22MARUTI SUZUKI 1184.90 1190.40 3316 392.88 71.17 13.70 15.13NTPC 171.80 172.85 9228 158.54 76.42 10.53 13.05ONGC 285.75 287.15 10032 286.66 81.00 14.67 4.33RELIANCE IND 799.55 803.65 19859 1587.83 63.66 19.80 16.54SBI 1910.35 1921.40 19853 3792.64 44.56 40.48 14.97STERLITE IND 112.80 112.95 27718 312.66 85.09 6.59 8.33SUN PHARMA 667.30 671.40 3112 207.66 91.40 5.22 3.37TATA MOTORS 235.00 236.20 37728 886.61 55.88 24.92 19.20TATA POWER 100.75 101.20 10412 104.90 91.45 4.32 4.23TATA STEEL 406.10 408.35 19058 773.93 67.80 17.78 14.42TCS 1268.40 1275.80 5345 677.96 79.59 9.96 10.45WIPRO 355.50 357.40 4683 166.48 88.61 7.80 3.59

OPEN INTEREST BREAK-UP

MARKET POSITION

SECTOR WATCH

Aug 13, 12 Aug 14, 12 %Chg

SPOTNIFTY 5347.90 5380.35 0.61BANKNIFTY 10401.30 10519.15 1.13CNXIT 5912.35 5936.35 0.41FUTURE(LTP)NIFTY 5371.90 5406.85 0.65BANKNIFTY 10459.85 10576.35 1.11CNXIT 5940.00 5957.30 0.29

INDEX WATCHOpen Int as on Price as on

Aug 13, 12 Aug 14, 12 % chg Aug 13, 12 Aug 14, 12 % chg

EXIDE IND 1144000 1788000 56.29 131.00 133.05 1.56INDIAN BANK 139000 186000 33.81 172.50 173.05 0.32JET AIRWAYS 1902000 2199000 15.62 389.10 395.15 1.55CENTRAL BANK 2280000 2552000 11.93 69.50 69.95 0.65TATA MOTOR-DVR 6640000 5906000 -11.05 127.65 135.65 6.27

OI CHANGE WITH RISE IN PRICE

Open Int as on Price as onAug 13, 12 Aug 14, 12 % chg Aug 13, 12 Aug 14, 12 % chg

OPTO CIRCUITS 3000000 4198000 39.93 149.94 147.85 -1.39FINAN TECHNO 1383000 1089000 -21.26 837.75 837.65 -0.01UNITED SPIRITS 8297500 9286000 11.91 921.00 887.95 -3.59POWER FINANCE 4980000 5542000 11.29 185.35 184.85 -0.27HIND ZINC 2000000 1794000 -10.30 125.85 125.10 -0.60

OI CHANGE WITH FALL IN PRICE

OI OUTLOOK

OI as on Aug 14,12 %of MWp

HIGHESTJet Airways 3655000 105.85

Core Proj & Tec 11161000 94.05

Suzlon Energy 151272000 90.42

Welsp Guj Sr 20368000 85.95

OnMobile Global 9532000 81.72

Orchid Chem 7156000 80.63

Alok Inds 89020000 78.97

Punj Lloyd 32460000 77.82

LOWESTGSK Pharma 6750 0.08

Bajaj Holdings 22000 0.17

Bosch 4625 0.26

Colgate 62750 0.47

G E Shipping 117000 0.55

OI ‘000 % chg

TOP GRAINERAuto Ancillaries 1809 56.10Air Transport Service 3655 23.52Alcoholic Beverages 14291 11.37Consumer Durables 20269 7.33Miscellaneous 3976 6.65Gas Distribution 8450 4.50Paints/Varnish 300 3.58Tobacco Products 25262 3.48Pharmaceuticals 28503 3.43Fertilizers 17499 1.76TOP LOSERSOil & gas 6316 -26.97C G - Electrical Equipment 181931 -4.17Textiles 123481 -3.56Retail 16346 -3.51Telecomm-Service 200182 -3.37Entertainment 16854 -3.14Cement 20974 -3.14

Rex Cano

NIFTYLLaasstt cclloossee:: 5,380

The Nifty has made a higher highon the weekly charts for the thirdstraight week. The momentum alsoseems to be in favour of the bulls onthe weekly charts. However, selectmomentum oscillators have enteredoverbought zone on the daily chart,hence we may see a sharp correctionin the near term. In case of acorrection the index can slip to 5,300-odd levels. On Thursday, the NSE

index is likely to seek support around5,360-5,345, while face resistancearound 5,400-5,415.

ADANI ENTERPRISESLLaasstt cclloossee:: RS 191TTaarrggeett:: RS 200

Adani Enterprises has spurted aboveits short-term moving average on theback of smart gains in the last twotrading days. The stock is likely to trade with a positive bias in the nearterm as long as the stock trades aboveRs 185. On the upside, the stock cansurge to Rs 200.

CAIRN INDIALLaasstt cclloossee:: RS 329TTaarrggeett:: RS 340

Cairn India is likely to trade with apositive bias as long as the stocksustains above Rs 326. The weeklymomentum oscillators are fairlybullish, and indicate a target of Rs350. In the near-term the stock canrally to Rs 340.

SBILLaasstt cclloossee:: RS 1,910TTaarrggeett:: RS 1,840

The momentum oscillators are fairly in favour of the bears bothon the daily and the weekly charts for SBI. Look to short the stockwith a stop at Rs 1,930. On thedownside, the stock can slip to Rs 1,840.

9

KEY SUPPORT, RESISTANCE LEVELSBOLLINGER BANDS

STOCK S2 S1 CLOSE R1 R2 20-DMA 50-DMA 200-DMA LOWER END HIGHER END RSI

ACC 1346 1350 1355 1360 1363 1305 1263 1231 1237 1374 -70

AXISBANK 1086 1094 1107 1120 1129 1053 1039 1047 995 1111 63

BHEL 229 230 232 234 235 224 224 251 209 240 -58

BPCL 341 343 346 350 352 360 369 321 334 387 -41

CIPLA 346 347 350 352 353 340 325 321 318 362 -66

DLF 213 214 216 219 220 207 203 203 194 220 -60

DRREDDY 1632 1637 1646 1654 1659 1640 1626 1646 1603 1677 51

HDFC 693 697 703 709 713 693 673 669 662 724 -56

HINDALCO 118 119 120 121 122 119 120 127 114 124 -51

ICICIBANK 955 961 970 979 984 945 902 849 907 984 61

INFOSYSTCH 2301 2312 2329 2347 2358 2225 2351 2589 2114 2337 59

M&M 738 742 749 755 759 706 704 699 664 748 69

MARUTI 1166 1173 1185 1197 1204 1137 1144 1161 1071 1203 -59

ONGC 281 283 286 289 291 281 277 269 275 287 58

RELIANCE 790 794 800 805 809 749 735 758 689 809 72

RELINFRA 515 520 529 537 543 509 523 500 478 540 55

SBIN 1891 1898 1910 1923 1930 2030 2116 2020 1871 2188 34

TATAMOTORS 230 232 235 238 240 225 233 239 206 243 54

TATASTEEL 395 399 406 413 417 404 416 424 386 421 48

WIPRO 352 354 356 357 359 348 374 402 327 368 -49

S1, S2, R1, R2 are support and resistance levels, look to buy near support, and sell near resistance levels; DMA = Daily Moving Average; Stocks where 20-DMA is higherthan 50-DMA are said to be in positive trend and vice versa; Bollinger Bands = Trading bands, stocks tend to bounce from lower end, and retrace from higher end. How-ever, in case of break-outs we see bigger rises, slides; RSI = Relative Strength Index, RSI above 70 is overbought while below 30 is oversold; + value strength on the backof rising RSI, and - value is vice versa;

Nifty in overbought zoneThe NSE index could correct to 5,300-odd levels in the near term

TECHNICALS

BS TOP 200

10

CompanyName Prev Open High Low Current % Chg Volume P/E 52wk Market CapClose (Rs)) Close (times) High/Low (Rs)) (Rs in crore)

Aban Offsh 404.60 407.00 412.50 405.00 410.05 1.35 142742 6.26 572/320 1784

ABB 788.80 788.05 794.45 773.00 777.60 -1.42 9160 88.77 915/541 16477

ACC 1,360.45 1,356.00 1,365.50 1,350.70 1,355.45 -0.37 16366 21.41 1422/982 25449

Adani Enter 182.75 184.00 192.40 183.95 191.30 4.68 775402 12.62 627/168 21039

Adani Ports 124.80 123.00 128.75 118.00 127.95 2.52 74326 19.1 170/110 25634

Adani Power 42.35 42.30 43.55 42.00 43.20 2.01 355864 NA 97/41 9418

Adi Bir Nuvo 776.45 780.00 784.70 772.05 776.75 0.04 12940 9.76 1029/710 8818

Allahabad Bk 126.60 127.55 130.70 125.05 128.90 1.82 181127 3.28 211/114 6445

Alok Inds 15.95 16.10 16.40 14.00 15.90 -0.31 1384062 3.66 24/15 1314

Alstom India 371.60 371.00 373.25 369.00 372.00 0.11 16846 14.29 572/280 2501

Ambuja Cem 196.55 196.00 196.40 193.00 194.90 -0.84 64530 23.91 197/130 30004

Andhra Bank 95.15 95.25 96.95 94.55 96.50 1.42 46043 4.09 139/79 5400

Apollo Tyres 87.00 86.15 88.40 85.10 87.65 0.75 245350 20.82 95/51 4418

Arvind 69.35 69.80 71.80 69.30 71.35 2.88 320762 4.49 111/62 1841

Ashok Leyland 23.00 23.00 23.05 22.75 22.95 -0.22 503429 11.2 33/20 6106

Asian Paints 3,773.00 3,786.00 3,815.00 3,755.00 3,773.45 0.01 6393 35.71 4170/2551 36195

Aurob Pharma 105.00 105.00 105.65 103.60 104.10 -0.86 78267 NA 159/80 3030

Axis Bank 1,079.35 1,082.00 1,110.00 1,075.15 1,107.20 2.58 198705 10.3 1309/785 45879

Bajaj Auto 1,708.00 1,708.00 1,711.95 1,680.00 1,691.45 -0.97 23691 16.25 1839/1401 48945

Bajaj Hind 33.55 33.60 33.80 32.30 32.55 -2.98 417284 NA 51/23 2081

Bajaj Hold 796.20 796.20 801.00 785.00 792.30 -0.49 5368 5.19 864/625 8818

Balram Chini 67.50 67.50 69.00 66.95 68.95 2.15 313183 197 69/33 1684

Bank of Baroda 627.90 631.95 644.40 626.00 639.45 1.84 252371 5.18 881/615 26464

Bank of India 270.85 272.95 278.75 269.20 275.55 1.74 134555 5.19 408/261 15811

Bata India 914.25 916.00 920.00 885.00 910.85 -0.37 52639 35.66 981/492 5853

BEML 290.25 290.25 294.50 290.20 291.00 0.26 19079 619.15 702/286 1212

BF Utilities 423.80 425.00 437.80 424.80 430.85 1.66 194250 458.35 564/259 1623

BGR Energy 276.50 276.40 279.35 274.00 276.45 -0.02 50458 9.64 378/173 1995

Bharat Elctn 1,262.00 1,260.10 1,267.50 1,252.00 1,259.70 -0.18 801 15.44 1666/1125 10078

Bharat Forge 303.35 304.40 305.90 299.10 302.30 -0.35 41258 19.02 347/231 7038

Bharti Airtel 259.95 261.80 263.30 259.20 260.50 0.21 573877 26 417/253 98925

BHEL 232.60 232.50 234.70 229.50 231.75 -0.37 312905 7.94 364/198 56723

Bhushan Stl 470.45 470.45 472.00 469.05 469.50 -0.20 70366 9.77 479/297 9970

Biocon 241.15 243.00 243.90 240.30 240.95 -0.08 10269 13.88 363/208 4819

Bombay Dyng 495.35 498.00 505.55 498.00 501.20 1.18 41162 28.89 593/290 2070

Bosch 8,783.85 8,751.00 8,820.00 8,689.00 8,715.40 -0.78 685 23.75 9300/6425 27366

BPCL 351.90 352.00 353.00 346.05 346.15 -1.63 29906 NA 395/230 25029

Cairn India 328.85 330.00 332.45 328.55 329.90 0.32 208429 6.96 401/250 62942

Canara Bank 353.55 354.90 360.35 351.80 357.60 1.15 45004 4.75 566/344 15842

Central Bank 69.45 70.10 70.65 69.30 69.95 0.72 211902 8.75 112/63 5149

Century Tex 325.40 326.85 329.20 325.00 326.05 0.20 182357 4657.86 388/216 3034

CESC 304.45 305.45 309.00 304.00 305.00 0.18 5717 6.58 325/186 3811

Chambal Fert 70.35 70.50 70.95 69.90 70.60 0.36 218786 11.28 119/66 2938

Cipla 349.95 350.90 352.70 348.10 348.95 -0.29 221184 22.04 364/274 28017

Coal India 347.55 350.15 355.80 350.15 353.25 1.64 269372 14.76 404/294 223125

Colgate 1,175.10 1,178.00 1,189.00 1,172.30 1,183.75 0.74 2281 34.73 1250/904 16099

Coreedutec 289.95 288.10 293.95 288.10 291.05 0.38 2955 10.19 324/245 3293

Crompton Grv 116.90 117.05 118.30 116.55 116.95 0.04 59174 19.76 175/102 7502

Cummins (I) 480.75 480.00 487.95 477.05 478.55 -0.46 10685 22.31 505/322 13265

Dabur India 123.10 124.00 124.35 121.85 122.35 -0.61 97496 32.03 124/92 21323

11

CompanyName Prev Open High Low Current % Chg Volume P/E 52wk Market Cap Close (Rs)) Close (times) High/Low (Rs)) (Rs in crore)

DCB 40.55 40.35 41.40 40.35 41.05 1.23 297883 15.15 53/31 988

Delta Corp 59.60 59.85 60.70 58.90 59.75 0.25 489108 28.18 116/52 1338

Dena Bank 88.00 87.95 91.60 87.75 90.65 3.01 366508 3.63 104/48 3173

Dish TV 73.50 74.00 74.25 72.30 73.05 -0.61 296385 NA 87/52 7775

Divis Lab 1,134.40 1,135.95 1,160.00 1,126.15 1,138.95 0.40 11764 24.75 1139/690 15120

DLF 217.55 218.10 219.20 213.20 215.80 -0.80 676076 32.31 261/170 36654

Dr Reddys 1,640.80 1,635.00 1,649.95 1,635.00 1,646.30 0.34 6744 18.64 1818/1387 27954

Educomp Sol 157.15 157.10 159.90 151.55 159.00 1.18 546188 15.2 292/128 1577

Escorts 61.50 61.70 63.10 61.10 62.30 1.30 301322 10.28 93/55 658

Essar Oil 53.80 53.40 55.10 53.00 53.85 0.09 524030 NA 99/45 7688

Exide Ind 131.10 131.15 134.00 131.00 133.25 1.64 86470 25.19 160/99 11326

Federal Bank 427.55 425.70 430.00 425.15 427.45 -0.02 2815 8.91 480/322 7312

Finan Techno 836.45 840.00 858.50 827.15 845.30 1.06 446319 7.57 959/518 3897

Fortis Health 99.35 99.90 102.00 99.50 101.15 1.81 85705 56.83 162/81 4098

G E Shipping 262.50 265.00 265.30 259.05 259.70 -1.07 5683 11.81 285/183 3955

GAIL 368.90 369.15 377.00 367.30 375.00 1.65 82145 12.51 456/303 47568

GMDC 200.40 203.70 203.70 196.90 198.45 -0.97 37386 12.51 213/151 6311

GMR Infra 21.50 21.50 21.80 21.20 21.60 0.47 608650 NA 34/18 8408

Godrej Ind 248.20 243.00 252.10 243.00 249.45 0.50 35333 31.94 284/168 8357

Grasim Ind 2,986.15 2,980.00 3,025.00 2,973.00 3,012.95 0.90 9886 10.57 3046/2040 27635

GSK Pharma 2,100.05 2,108.00 2,133.00 2,092.05 2,100.00 0.00 3236 31.26 2338/1830 17787

Guj Fluoro 341.35 342.10 345.45 340.00 342.95 0.47 7028 8.74 561/317 3769

Guj Petronet 72.25 71.40 73.40 71.15 72.30 0.07 161597 7.98 113/62 4068

GVK Power 12.75 12.80 13.09 12.56 13.02 2.12 1792242 NA 20/10 2056

Havells I 552.90 559.70 563.00 551.20 553.60 0.13 30052 21.54 616/313 6908

HCC 17.20 17.25 17.55 17.15 17.35 0.87 510466 NA 33/16 1052

HCL Techno 542.10 544.00 550.00 540.00 549.85 1.43 104800 19.55 544/360 38138

HDFC 715.35 713.00 714.95 701.00 702.60 -1.78 219506 24.84 726/601 106310

HDFC Bank 607.40 605.10 609.00 602.50 607.75 0.06 311423 26.05 610/400 143283

HDIL 85.85 85.80 86.45 82.20 83.70 -2.50 4044228 11.64 135/52 3507

Hero MotoCorp 1,888.90 1,898.00 1,898.00 1,871.15 1,879.15 -0.52 39274 15.41 2279/1703 37527

Hexaware Tch 118.30 119.00 119.85 117.55 118.85 0.46 111395 10.66 134/68 3522

Hind Oil 122.25 122.50 124.30 120.15 123.00 0.61 126853 89.13 153/87 1605

Hind Zinc 125.70 125.10 126.35 123.70 125.10 -0.48 111096 9.42 150/107 52859

Hindalco 121.25 121.40 122.75 119.25 120.15 -0.91 847555 10.28 165/105 23003

HPCL 321.55 321.50 322.90 317.25 318.35 -1.00 55975 NA 395/239 10780

HUL 490.60 487.50 496.35 486.30 495.05 0.91 104009 39.29 499/310 109654

ICICI Bank 949.60 950.30 972.90 950.15 969.10 2.05 373984 16.08 999/641 111728

IDBI Bank 85.00 85.05 87.15 84.90 86.25 1.47 206844 5.19 122/77 11026

Idea Cellular 75.35 75.40 75.95 74.60 75.55 0.27 145613 32.01 104/71 25006

IDFC 133.10 133.90 137.40 132.50 136.55 2.59 494522 13.3 161/90 20664

IFCI 35.75 35.80 36.45 35.45 36.05 0.84 841921 4.26 49/20 2660

Ind Ove Bank 71.20 71.15 72.70 71.10 72.30 1.54 42410 5.34 126/68 5762

India Cement 85.15 85.95 88.00 84.50 87.40 2.64 143889 10.61 119/62 2685

Indiab Real 53.85 53.85 54.25 52.40 52.70 -2.14 388086 13.83 92/40 2418

Indian Bank 172.95 173.40 176.00 172.20 173.75 0.46 6699 4.14 265/157 7467

Indian Hotel 60.70 61.00 61.20 60.35 60.50 -0.33 45338 38.29 80/51 4885

Indraprst Gs 256.50 256.50 275.95 255.00 265.80 3.63 1319003 11.95 453/170 3721

IndusInd Bank 327.60 328.25 333.40 327.50 332.25 1.42 27938 18.15 352/222 15584

Infosys 2,318.90 2,312.00 2,334.00 2,290.00 2,332.90 0.60 52625 15.08 2990/2102 133964

BS TOP 200

12

IOC 254.00 254.15 256.50 253.15 254.00 0.00 20320 NA 329/239 61670

IRB Infra 121.20 122.00 122.40 119.30 121.35 0.12 318311 8.01 210/100 4033

ITC 266.85 268.00 269.25 264.60 267.75 0.34 210942 32.61 269/185 209729

IVRCL 45.60 45.85 46.50 44.10 45.70 0.22 699325 50.78 75/27 1220

Jain Irrig 86.80 87.90 90.00 85.65 86.60 -0.23 1461863 13.06 174/69 3509

Jet Airways 389.10 391.50 405.00 384.45 395.40 1.62 631336 NA 411/167 3413

Jindal Steel 407.65 409.35 419.60 405.95 417.70 2.47 175737 11.4 663/390 39047

JP Associat 75.15 75.35 77.40 74.60 77.05 2.53 1367461 21.64 89/50 16384

JSW Energy 51.40 51.50 52.20 51.00 51.75 0.68 180713 225 77/36 8487

JSW Ispat Steel 10.18 10.50 10.63 10.21 10.48 2.95 744662 NA 16/9 2638

JSW Steel 745.45 747.95 754.95 741.10 748.50 0.41 187863 163.43 885/464 16701

Jubilant Fd 1,207.75 1,207.80 1,217.25 1,186.30 1,194.95 -1.06 52735 67.82 1335/633 7785

Karnataka Bk 89.45 89.10 90.95 88.75 89.90 0.50 159676 6.05 112/64 1693

Kotak Mah Bank 581.65 581.85 588.80 579.00 586.25 0.79 38371 23.42 612/411 43556

L & T 1,437.75 1,432.00 1,455.00 1,425.00 1,451.65 0.97 262333 19.48 1720/971 89102

Lanco Infra 12.92 12.70 12.75 12.24 12.50 -3.25 5348413 NA 25/9 3010

LIC Hsg Fin 253.05 253.60 254.90 251.05 252.55 -0.20 113146 14.39 290/196 12745

Lupin 583.30 582.55 583.50 573.90 575.30 -1.37 28033 27.41 604/410 25713

Mah & Mah 739.80 741.90 750.80 738.00 747.10 0.99 215870 15.29 875/622 45870

Maruti Suzuki 1,186.20 1,185.00 1,190.00 1,165.90 1,183.00 -0.27 40877 22.64 1428/906 34179

Max India 182.35 182.35 183.00 181.10 181.55 -0.44 3722 9.22 215/140 4817

Mcleod Russl 318.70 319.00 319.40 316.00 316.25 -0.77 7543 17.11 345/166 3462

MphasiS 399.40 399.00 408.00 392.00 394.05 -1.34 6493 11.01 439/277 8281

MRF 10,663.80 10,700.0010,815.00 10,545.00 10,704.00 0.38 4727 5.65 11570/6200 4538

MRPL 58.65 58.55 58.85 58.05 58.55 -0.17 32544 NA 75/50 10261

MTNL 33.50 33.70 33.90 33.00 33.25 -0.75 384325 NA 41/21 2095

NCC 41.20 41.40 41.45 40.40 40.95 -0.61 235978 35.92 74/28 1051

NHPC 18.30 18.30 18.55 18.20 18.50 1.09 424503 8.6 25/17 22756

NMDC 186.80 188.00 190.95 186.00 186.75 -0.03 104868 10.05 259/136 74041

NTPC 172.10 171.95 173.00 169.65 171.75 -0.20 289734 14.68 190/139 141616

Oil India 480.25 481.50 486.50 481.50 485.75 1.15 6784 8.28 556/431 29200

ONGC 280.80 280.55 287.35 280.10 285.90 1.82 209236 9.02 304/240 244601

OnMobile Glb 44.00 43.80 44.20 42.60 42.85 -2.61 1494946 6.17 84/29 493

Opto Circuit 149.95 149.00 153.30 132.60 147.95 -1.33 3075172 6.27 225/140 3585

Oracle Fin 2,877.15 2,876.00 2,971.00 2,876.00 2,937.10 2.08 29551 19.81 3010/1699 24666

Orchid Chem 106.15 106.15 107.75 104.10 106.05 -0.09 510277 15.13 213/105 747

Oriental Bank 229.05 229.00 236.25 228.35 235.05 2.62 11777 5.82 332/190 6858

Pantloon Retail 158.90 160.00 163.35 160.00 161.50 1.64 708945 13.12 315/125 3740

Patel Engg 80.85 81.20 82.10 80.40 80.80 -0.06 34786 8.52 127/73 564

Petronet LNG 151.55 152.20 155.20 151.60 154.10 1.68 204094 10.78 186/122 11558

Piramal Entp 538.00 535.50 536.85 523.25 529.70 -1.54 5124 82 563/340 9140

PNB 720.70 721.00 734.50 718.00 732.10 1.58 95098 4.94 1098/703 24831

Polaris Finan 114.05 116.30 116.85 113.85 115.80 1.53 77448 4.85 175/103 1152

Power Fin 185.90 186.00 186.70 182.20 184.95 -0.51 116501 7.36 224/130 24414

Power Grid 119.75 120.00 120.90 118.60 120.05 0.25 165743 16.24 122/94 55580

Praj Ind 53.50 54.00 54.00 53.05 53.20 -0.56 76579 15.07 93/50 968

PTC India 61.05 61.05 61.05 59.05 59.95 -1.80 167696 17.63 78/38 1768

Punj Lloyd 51.70 51.85 52.85 50.75 52.15 0.87 343245 19.1 66/37 1732

Ranbaxy Labs 483.70 486.95 502.00 486.20 500.25 3.42 118353 NA 542/367 21124

Raymond 357.80 357.80 366.50 355.05 362.95 1.44 58319 190.03 439/300 2228

CompanyName Prev Open High Low Current % Chg Volume P/E 52wk Market Cap Close (Rs)) Close (times) High/Low (Rs)) (Rs in crore)

Reliance Cap 353.80 354.50 362.90 351.15 358.90 1.44 786136 18.84 482/226 8816

Reliance Com 55.70 55.50 56.90 55.25 56.15 0.81 1468019 12.42 110/53 11589

Reliance Ind 787.50 785.40 802.10 785.40 798.75 1.43 825931 13.71 902/671 258468

Reliance Infra 521.00 522.10 536.00 514.60 528.95 1.53 730817 6.95 680/328 13911

Reliance Power 92.25 92.70 94.00 91.30 93.05 0.87 1484562 28.72 139/69 26102

Renuka Sugar 32.95 33.15 33.20 32.10 32.60 -1.06 878910 NA 67/23 2188

Rolta 66.20 66.80 68.55 65.80 67.60 2.11 123943 3.85 108/50 1091

Ruchi Soya 85.70 86.30 86.30 84.70 85.10 -0.70 1778 27.99 129/79 2838

Rural Elect 211.00 211.10 212.85 209.05 212.05 0.50 121218 6.91 251/142 20939

S Kumars N 23.05 23.10 23.70 22.30 22.95 -0.43 895276 1.73 55/22 683

SAIL 85.20 85.25 86.80 85.00 86.60 1.64 182033 10.52 123/73 35770

SBI 1,905.75 1,911.40 1,929.80 1,897.75 1,910.25 0.24 736539 7.24 2475/1576 128185

Sesa Goa 195.05 195.00 195.00 190.60 193.30 -0.90 211582 5.96 270/149 16800

Shriram TrFn 566.90 568.00 568.00 557.80 562.75 -0.73 3838 10.34 707/416 12735

Siemens 670.70 666.05 674.20 658.05 661.65 -1.35 31517 38.2 900/627 22516

Sintex Ind 61.00 61.00 62.00 60.30 61.80 1.31 348724 6.51 163/50 1687

Sobha Devlp 348.75 347.95 351.70 345.05 348.45 -0.09 5151 15.82 371/185 3417

South Ind Bk 22.80 22.85 23.20 22.85 23.00 0.88 142511 5.91 28/20 2612

Sterlite Ind 113.95 113.85 113.85 111.30 112.50 -1.27 517597 8.61 141/86 37814

Sun Pharma 682.05 682.05 682.05 661.80 667.70 -2.10 68838 23.99 690/448 69147

Sun TV Net 302.60 302.50 311.15 301.40 308.70 2.02 78608 18.12 343/177 12165

Suzlon Energy 17.70 17.00 17.30 16.35 17.00 -3.95 6534325 NA 43/17 3021

Syndicate Bank 94.35 95.30 98.00 94.85 97.30 3.13 45846 4.15 121/67 5857

Tata Chem 307.85 308.00 311.15 305.80 311.00 1.02 38444 10.63 375/288 7923

Tata Coffee 989.60 994.45 998.90 987.10 989.65 0.01 19227 19.24 1010/672 1849

Tata Comm 236.70 238.90 240.95 235.55 236.75 0.02 10886 NA 266/176 6747

Tata Global 134.20 134.00 136.25 133.25 133.70 -0.37 412706 30.32 136/80 8268

Tata Mot-DVR 112.20 552.00 563.00 543.00 112.20 0.00 0 NA 190/80 0

Tata Motors 228.40 229.00 235.95 227.15 234.90 2.85 1250595 5.44 321/138 74925

Tata Power 100.85 100.70 101.40 99.00 100.65 -0.20 231920 NA 122/81 23885

Tata Steel 395.65 391.00 408.00 388.60 406.05 2.63 1451742 61.52 504/332 39436

TCS 1,266.00 1,275.00 1,275.00 1,260.20 1,268.65 0.21 44062 21.94 1295/903 248300

Tech Mahindra 816.10 814.90 819.90 806.00 816.35 0.03 22978 9 819/524 10417

Titan Ind 223.30 223.00 225.50 221.00 224.80 0.67 165008 32.58 255/154 19958

TTK Prestige 3,718.55 3,719.80 3,754.00 3,610.00 3,629.00 -2.41 17474 34.61 3954/2151 4108

TVS Motor 39.85 39.75 40.55 39.60 40.20 0.88 162317 7.91 70/32 1910

UCO Bank 67.05 67.10 69.70 66.80 69.15 3.13 365996 3.9 95/45 4596

UltraTech 1,708.25 1,698.00 1,713.75 1,683.55 1,709.45 0.07 4978 18.44 1714/965 46854

Union Bank 162.20 163.00 168.65 162.80 165.60 2.10 140785 4.97 276/156 9117

Unitech 21.50 21.30 23.50 21.15 21.30 -0.93 1076227 22.42 38/17 5573

United Phos 119.90 120.80 121.20 120.10 120.45 0.46 17663 9.56 169/105 5491

United Spirt 922.35 918.00 937.00 884.60 889.90 -3.52 1113157 33.25 988/450 11639

Videocon Ind 169.65 169.75 171.80 169.75 171.00 0.80 22615 12.7 196/161 5451

Vijaya Bank 52.15 52.50 53.20 52.00 52.50 0.67 182304 4.2 69/44 2602

VIP Ind 80.50 80.40 81.05 78.25 79.15 -1.68 326459 21.28 205/69 1118

Voltas 108.85 109.55 112.50 108.00 111.20 2.16 365644 33.6 135/72 3680

Welspun Corp 101.90 103.30 106.00 99.70 100.20 -1.67 88493 9.57 157/65 2282

Wipro 354.95 355.00 357.50 352.20 355.20 0.07 59985 15.03 453/310 87422

Yes Bank 362.30 363.00 367.70 360.55 365.70 0.94 175394 12.35 389/231 12978

Zee Enter 170.80 171.00 173.80 170.10 172.40 0.94 127034 26.81 172/110 16447

CompanyName Prev Open High Low Current % Chg Volume P/E 52wk Market Cap Close (Rs)) Close (times) High/Low (Rs)) (Rs in crore)

13Disclaimer: The Smart Investor gives an unbiased and competent picture of investment opportunities. However, prices can move up or down due to unforeseen circumstances. Therefore, The Smart Investor does not take any responsibility for investment decisions taken by readers on the basis of information provided herein. EDITOR: A K BHATTACHARYA

14

STOCK REPORTRECOVERY FROM INTRADAY LOWS

FALL FROM INTRADAY HIGHS

(RRss CR) FII DIIDate Buy Sales Net Buy Sales Net13-AUG-12 2020.01 1680.25 339.76 701.28 877.62 -176.3410-AUG-12 2373.23 2290.07 83.16 786.30 1322.99 -536.6909-AUG-12 2272.94 1935.80 337.14 989.78 1744.18 -754.4008-AUG-12 2751.60 1637.39 1114.21 928.83 1723.53 -794.7007-AUG-12 2455.56 1639.61 815.95 1234.50 1179.26 55.24

FII & DII TURNOVER (BSE + NSE)

Volumes in ‘000

Company Price (Rs) Today Avg 5 days % Chg

AIA Engg. 327.15 339.6 1.5 22701

Opto Circuits 147.85 11,071.3 221.6 4895

Vaibhav Gems 50.75 73.3 4.3 1587

Tecpro Systems 155.10 55.2 5.0 993

Inox Leisure 56.35 744.6 82.5 803

Godrej Consumer 631.15 1,335.9 181.1 637

Mindtree 644.05 136.9 18.7 631

Saksoft 67.00 20.0 3.2 521

Ind-Swift Labs. 40.50 231.8 39.3 490

Renaissance Jew. 72.10 6.9 1.2 487

Astral Poly 241.75 30.3 5.2 486

VOLUME SHOCKERS

North Eastn.Car. 71.85 63.90 4.93

SKS Microfinance 22.51 108.40 4.78

Ramky Infra 18.31 107.40 4.99

Amar Remedies 15.81 71.55 4.99

Bombay Cycle 6.88 110.30 5.00

Dishman Pharma. 3.34 93.75 4.87

Mastek 3.31 150.50 12.36

Neo Corp Intern 3.25 37.30 4.92

Cochin Malabar 3.20 85.20 4.99

Adani Enterp. 1.70 191.30 4.68

Clarus Infra. 1.50 41.75 4.90

Geometric 1.17 105.70 4.55

Amara Raja Batt. 1.11 363.75 14.39

Technocraf.Inds. 0.96 73.80 5.35

Pix Transmission 0.85 38.85 5.00

Nirlon 0.65 50.25 4.91

Indian Metals 0.62 278.40 4.82

Lincoln Pharma. 0.60 29.95 13.02

ONLY BUYERSCompany Qty‘000 Price (Rs) Chg (%)

Company High Low Close % Chg

Oripro 57.00 40.00 57.00 42.5

Brahm.Infraproj. 57.70 44.00 57.50 30.68

Akar Tools 30.40 24.65 30.40 23.33

DJS Stock 67.35 54.30 65.00 19.71

Mastek 152.25 126.85 150.50 18.64

Control Print 60.00 49.10 58.10 18.33

Ushdev Intl. 229.95 195.10 229.95 17.86

Sahyadri Inds. 69.35 57.10 67.30 17.86

Shree Tulsi Onli 250.00 210.10 247.00 17.56

Amara Raja Batt. 378.00 312.05 363.75 16.57

Essar Ports 99.30 86.00 99.00 15.12

Summit Sec. 78.80 66.05 76.00 15.06

Lincoln Pharma. 29.95 26.10 29.95 14.75

Simm. Marshall 32.85 28.65 32.85 14.66

EPC Inds. 106.05 93.05 106.05 13.97

Company High Low Close % Chg

Lakshmi Mills 1,913.001,490.00 1,495.00 -21.85

Rajvir Inds. 96.95 79.35 80.25 -17.23

JTL Infra 121.95 102.00 102.00 -16.36

Simplex Realty 107.00 86.40 90.00 -15.89

Mount Shivalik 45.10 37.00 38.00 -15.74

Pitti Lamination 67.95 57.45 57.45 -15.45

Rel. Chemotex 75.00 61.95 63.55 -15.27

Alchemist 59.00 48.00 50.70 -14.07

Tera Software 56.00 46.25 48.35 -13.66

SIL Investments 81.90 70.65 71.10 -13.19

Samrat Pharma 32.00 25.15 27.95 -12.66

Gokak Textiles 53.85 46.75 47.20 -12.35

Hasti Finance 68.90 58.35 60.75 -11.83

DHP India 32.95 28.90 29.10 -11.68

TVS Srichakra 343.95 301.40 305.00 -11.32

Glodyne Techno. 502.48 118.50 -4.97

Kemrock Inds. 82.03 227.90 -9.99

Croitre Indust. 71.40 70.40 -4.99

Finalysis Credit 62.14 36.95 -4.89

Sh.Global Trad. 26.04 48.05 -4.95

Pitti Lamination 19.81 57.45 -19.93

Oasis Sec. 5.00 91.95 -4.96

Bilpower 2.79 30.65 -4.96

Rap Media 1.74 28.20 -4.89

Ahlcon Parent(I) 1.65 325.10 -5.00

Popular Estate 1.57 35.40 -4.97

Vikas Granaries 1.50 28.30 -4.55

Cigniti Tech. 1.31 61.65 -4.93

Roto Pumps 1.14 98.35 -4.98

7Seas Enter. 0.98 25.60 -5.36

Garnet Intl. 0.60 94.50 -4.98

Finaventure Cap. 0.57 31.70 -4.95

Orissa Minerals 0.5247,440.30 -5.00

ONLY SELLERSCompany Qty‘000 Price (Rs) Chg (%)

Name Ex-Date Purpose Rs.

CFL CAPITAL FINANCIAL SER AUG 16, 12 AGM -BASF INDIA AUG 16, 12 AGM,DIVIDEND 4.00BHARTI AIRTEL AUG 16, 12 AGM,DIVIDEND 1.00CHAMBAL FERT AUG 16, 12 DIVIDEND 1.90CITY UNION B AUG 16, 12 AGM,DIVIDEND 1.00GAIL AUG 16, 12 AGM,DIVIDEND 5.70GUFIC BIOS AUG 16, 12 AGM,DIVIDEND 0.05IFGL REFRACT AUG 16, 12 AGM,DIVIDEND 1.50LANCO IND AUG 16, 12 AGM -LUMAX AUTO AUG 16, 12 AGM,DIVIDEND 6.00MUTHOOT FINANCE AUG 16, 12 AGM,DIVIDEND 4.00PURAVANKARA AUG 16, 12 AGM,DIVIDEND 1.00SH GANESH JW AUG 16, 12 AGM,DIVIDEND 6.00VARDHAMAN A AUG 16, 12 AGM -VARDHMN HOLD AUG 16, 12 AGM,DIVIDEND 2.50VARDHMN TEXT AUG 16, 12 AGM,DIVIDEND 4.50VENKYS INDIA AUG 16, 12 AGM,DIVIDEND 5.00VISAKA IND AUG 16, 12 DIVIDEND INTERIM 1.50VSSL AUG 16, 12 ANNUAL BOOK CLOSURE -ZICOM ELEC AUG 16, 12 AGM,DIVIDEND 1.00ZODIAC CLOTH AUG 16, 12 AGM,DIVIDEND 2.00

FORTHCOMING CORPORATE ACTIONS

ACC 1,354.70 -5.55 -0.41Ambuja Cem. 194.90 -1.70 -0.86Asian Paints 3,781.95 9.30 0.25Axis Bank 1,107.20 26.35 2.44B H E L 231.90 -0.65 -0.28B P C L 346.45 -4.20 -1.20Bajaj Auto 1,688.60 -19.90 -1.16Bank of Baroda 638.60 10.55 1.68Bharti Airtel 260.80 0.75 0.29Cairn India 330.20 0.80 0.24Cipla 349.50 -0.40 -0.11Coal India 353.75 6.10 1.75DLF 216.40 -1.30 -0.60Dr Reddy`s Labs 1,645.65 5.50 0.34GAIL (India) 375.10 6.15 1.67Grasim Inds 3,013.40 29.65 0.99H D F C 702.85 -13.50 -1.88HCL Technologies 550.55 7.65 1.41HDFC Bank 608.15 0.70 0.12Hero Motocorp 1,880.15 -9.10 -0.48Hind. Unilever 495.90 5.60 1.14Hindalco Inds. 120.10 -1.30 -1.07I D F C 136.50 3.40 2.55ICICI Bank 969.80 20.85 2.20ITC 267.80 0.90 0.34Infosys 2,329.35 9.25 0.40JP Associates 77.10 1.90 2.53Jindal Steel 418.00 10.40 2.55Kotak Mah. Bank 586.15 2.45 0.42Larsen & Toubro 1,454.60 14.35 1.00M & M 748.50 8.70 1.18Maruti Suzuki 1,184.90 -0.05 -0.00NTPC 171.80 -0.40 -0.23O N G C 285.75 5.20 1.85Power Grid Corpn 120.05 0.15 0.13Punjab Natl.Bank 732.10 12.95 1.80Ranbaxy Labs. 500.65 16.60 3.43Reliance Inds. 799.55 11.40 1.45Reliance Infra. 528.70 7.65 1.47S A I L 86.70 1.50 1.76Sesa Goa 193.15 -2.00 -1.02Siemens 661.65 -8.45 -1.26St Bk of India 1,910.35 3.80 0.20Sterlite Inds. 112.80 -1.10 -0.97Sun Pharma.Inds. 667.30 -14.70 -2.16TCS 1,268.40 2.10 0.17Tata Motors 235.00 6.75 2.96Tata Power Co. 100.75 -0.10 -0.10Tata Steel 406.10 10.65 2.69Wipro 355.50 -0.10 -0.03

S&P CNX NIFTY MOVERSAdv Adv as % Decl Decl as % Unch Unch as % Total

Group of Total of Total of TotalA 119 58.62 83 40.89 1 0.49 203B 1022 48.14 1007 47.43 94 4.43 2123E 3 21.43 10 71.43 1 7.14 14MT 1 100 0 0 0 0 1T 267 45.1 285 48.14 40 6.76 592TOTAL 1412 1385 136 2933

ADVANCES/DECLINES

52-WEEK HIGHS

15

Company Close (Rs) Chg (Rs) Chg (%)

Cognizant Tech 64.94 -0.03 -0.05Dr Reddy’s Lab 29.41 -0.47 -1.57HDFC Bank 35.25 -0.33 -0.93ICICI Bank 34.39 -0.53 -1.52Infosys Tech 41.40 -0.39 -0.93MTNL 1.22 0.02 1.67Patni Computer 18.65 -0.11 -0.59Rediff.com 2.80 -0.11 -3.78Satyam Infoway 2.04 -0.03 -1.45Tata Motors 20.81 -0.23 -1.09Wipro 8.10 -0.05 -0.61* Over prev close As on Aug 13, 12

ADR PRICESCompany Close ($) Chg Chg (%)

BSE FMCG Sector 5,248.26

Wockhardt 1,237.70

Divi`s Lab. 1,138.95

Solar Inds. 975.10

Bajaj Finserv 941.10

Tech Mahindra 816.35

Strides Arcolab 779.85

Relaxo Footwear 594.00

Venky`s (India) 562.75

HCL Technologies 549.85

V-Guard Inds. 424.90

Amara Raja Batt. 363.75

Mayur Uniquote 318.00

ITC 267.75

Tree House Edu. 246.75

Astral Poly 242.00

Som Distilleries 211.00

Goenka Diamond 209.70

Tuni Text. Mills 198.00

DCM 187.75

Zee Entertainmen 172.40

Sulabh Engineers 170.25

TPL Plastech 167.00

Mastek 150.50

KPIT Infosys. 135.70

OCL India 124.60

Dabur India 122.35

20 Microns 118.00

Neuland Labs. 114.50

Frontline Busine 112.05

Bombay Cycle 110.30

Geometric 105.70

Westlife Develop 97.70

Dishman Pharma. 93.75

Satyam Computer 93.15

Kwality Credit 85.70

Cochin Malabar 85.20

Lambodhara Text. 82.50

Vimal Oil Foods 78.55

Technocraf.Inds. 73.80

Balrampur Chini 68.95

North Eastn.Car. 63.90

Control Print 58.10

Rajshree Sugars 58.10

Oripro 57.00

Centron Indl 52.10

India Home 50.95

Vaibhav Gems 50.75

Acclaim Indus. 40.90

Mount Shivalik 38.00

ACE Edu. 35.75

Simplex Mills 35.55

SpiceJet 35.55

Centenial Surgic 26.85

Secund. Health. 24.40

Lak. Auto. Looms 23.95

Wire & Wireless 20.90

Dalmia Bharat 19.89

Suven Life Scie. 18.12

Polymechplast Ma 17.80

Haldyn Glass 17.52

Trilogic Digital 16.09

Omnitex Inds 15.93

P S Global 15.63

Silveroak Comm 13.90

Special.Papers 11.84

Global Infratech 11.74

Ruchira Papers 11.66

Decolight Cera. 7.96

Bagadia Colourch 7.17

Emmessar Biotech 7.10

Santaram Spin. 5.71

Company Price (Rs) Company Price (Rs) Company Price (Rs)

52-WEEK LOWS

Dalal Street Inv 18,125.20

Nippo Batteries 323.90

Kemrock Inds. 227.90

Coromandel Engg. 150.00

Opto Circuits 147.95

Panama Petrochem 141.40

Setco Automotive 138.00

Shree Ram Urban 128.50

Glodyne Techno. 118.50

Kanani Inds. 110.10

Orchid Chemicals 106.05

Veritas (India) 93.40

C Mahendra Exp 91.05

GEI Industrial 89.60

Rel. Chemotex 63.55

Fusion Fittings 59.75

Mudit Finlease 57.20

Oripro 57.00

Alchemist 50.70

Sh.Global Trad. 48.05

Elecon Engg.Co 46.50

Phaarmasia 46.25

Chambal Brewer 43.35

Ind-Swift Labs. 40.55

Finalysis Credit 36.95

Kulkarni Power 34.00

Jainex Aamcol 32.20

Finaventure Cap. 31.70

Bilpower 30.65

Sh. Jagdamba Pol 28.55

Maan Aluminium 25.70

KLG Capital 25.45

Emk.Global Fin. 24.50

Company Price (Rs) Company Price (Rs) Company Price (Rs)

16

STOCK REPORTBSECompany Client Name Buy/Sell Quantity Price(Rs) Amt(CR)

Vikas WSP Sunmate Trade Private Limited Buy 790076 70.83 5.60

United Brw Crosseas Capital Services Private Limited Sell 440045 94.07 4.14

United Brw Crosseas Capital Services Private Limited Buy 440045 93.93 4.13

PFL Infotech Shree Thirumalai Marketing & Investments Ltd Sell 477441 21.40 1.02

PFL Infotech S Uttamchand Buy 378636 21.40 0.81

Sangam Advisor Jaibalaji Business Corporation Pvt Ltd Sell 228000 22.08 0.50

Bhandari Hos Mukesh D Mahetalia Sell 83350 56.99 0.48

Bhandari Hos Mukesh D Mahetalia Buy 81350 56.86 0.46

Finalysis Credi Shamshad Begum Khan Buy 114800 38.85 0.45

PM Telelinks Vedawala Sangitaben Pareshkumar Buy 79803 52.69 0.42

Sangam Advisor Shatrunjaya Estates Private Limited Buy 138000 22.07 0.30

Control Prnt Fairdeal Infin Services Pvt. Ltd. Sell 51199 52.92 0.27

Oasis Sec Rajesh Joshi Buy 22000 96.77 0.21

Sangam Advisor Dear Projects Private Limited Buy 96000 22.04 0.21

Shalibhdra F Sanjay Babulal Pandya Sell 33750 56.21 0.19

Uniply Ind B L Bengani Huf Buy 202533 8.86 0.18

Uniply Ind Bengani Suman Sell 200000 8.85 0.18

IFL Promot North India Securities Pvt Ltd Sell 305000 5.28 0.16

Venus Power Narender Amirchetty Buy 100004 15.43 0.15

Sangam Advisor Star Fincap Private Limited Buy 48000 22.10 0.11

Tricom Fruit Jayesh Mahendrabhai Thakker Buy 60000 17.22 0.10

Oasis Sec Oak Tansiton Management Private Ltd. Sell 10000 96.80 0.10

Oasis Sec Rangnath Somani Sell 10000 96.75 0.10

Sangam Advisor Sonal B Chitroda Buy 42000 22.04 0.09

Vybra Auto Shaktiman Steel Casting Pvt Ltd. Sell 42150 21.01 0.09

Samtex Fash Porinjuv Veliyath Sell 50000 17.50 0.09

Tricom Fruit Jalpa Nilesh Sheth Buy 50000 17.35 0.09

Tricom Fruit Ajas Components Pvt Ltd Sell 49880 17.21 0.09

Tricom Fruit Chetana Chetan Kothari Sell 49379 17.21 0.08

Anjani Dham Malay Corporate Services Pvt Ltd Buy 60001 9.19 0.06

Anjani Dham Malay Corporate Services Pvt Ltd Sell 60001 8.87 0.05

IFL Promot Sanjeev Bhandari Buy 100000 5.28 0.05

Anjani Dham Nitaben Shaileshbhai Patel Buy 57754 8.87 0.05

Gee El Wool. Nature Infosoft Private Limited Buy 25000 18.50 0.05

Gee El Wool. Praful Babulal Shah Sell 25000 18.50 0.05

Anjani Dham Sauravsahahuf Sell 49985 9.19 0.05

NSE

Kingfisher Transglobal Securities Ltd. Sell 5185575 7.98 4.14

United Brw Crosseas Capital Services Pvt. Ltd. Buy 438187 93.93 4.12

United Brw Crosseas Capital Services Pvt. Ltd. Sell 438187 93.90 4.11

Kingfisher Transglobal Securities Ltd. Buy 5192371 7.87 4.09

OnMobile Glb Transglobal Securities Ltd. Buy 663435 43.80 2.91

OnMobile Glb Transglobal Securities Ltd. Sell 649435 43.79 2.84

Hotel Rugby Savitridevi Jaiprakash Agarwal Buy 78355 16.28 0.13

Hotel Rugby Savitridevi Jaiprakash Agarwal Sell 20000 16.60 0.03

BULK DEALS

17

BULK DEALS NSECompany Client Name Buy/Sell Quantity Price(Rs) Amt(CR)

KF Airlines TRANSGLOBAL SECURITIES LTD. SELL 5185575 7.98 4.14

U B Holdings CROSSEAS CAPITAL SERVICES PVT. LTD. BUY 438187 93.93 4.12

U B Holdings CROSSEAS CAPITAL SERVICES PVT. LTD. SELL 438187 93.90 4.11

KF Airlines TRANSGLOBAL SECURITIES LTD. BUY 5192371 7.87 4.09

OnMobile Global TRANSGLOBAL SECURITIES LTD. BUY 663435 43.80 2.91

OnMobile Global TRANSGLOBAL SECURITIES LTD. SELL 649435 43.79 2.84

Hotel Rugby SAVITRIDEVI JAIPRAKASH AGARWAL BUY 78355 16.28 0.13

AUGUST 15BS 200Dolphin Medi Quarterly Results

AUGUST 16Best & Cromp QuarterlyResultsChhattisgarh Quarterly ResultsGalore Prints Quarterly ResultsGDL Leasing Audited ResultsIKF Finance IKF Finance Ltd has informed BSE that a meeting of the Board of Directorsof the Company will be held on August 16, 2012 toconsider and approve the Allotment of 68,50,000 Eq-uity Share of Rs.10/- each at a premium of Rs. 3/- perShare to Promoters and Non Promoters on Preferentilbasis, besides other usual business.Intrasoft T to consider, approve and totake on record the following: 1. Recommendation ofDividend on Equity Shares of the Company for the fi-nancial year ended March 31, 2012. 2. Audited Stand-alone and Consolidated financial results for the yearended March 31, 2012. 3. Date of Book Closure for thepurpose of Annual General Meeting of the Company. 4.To fix the date of the 17th Annual General Meeting ofthe Company.Jagson Airl Quarterly ResultsJCT Elect Audited Results &

Quarterly ResultsKothari World F Audited ResultsMedia M Wrld and approve the Draft

Letter of Offer for issue of further shares on rights basis.

Prag Bosimi Quarterly ResultsPrithvi Inf Audited Results (Cancelled)

(As Per Bulletin Dated on 10.08.2012)

Soft Inf Sol to consider the following:1. To consider the Issuance of Warrant on preferentialbasis to Promoter as well as Non Promoters. 2. To con-sider the issuance of Equity Shares as Rights Issue.

AUGUST 17Acclaim Ind to consider inter alia, TheCompany has received the consent of following member’s who are holding cumulative preference sharefor the waiving of interest till date , and request to convert their redeemable shares to the equity share, aswell as to consider the Merger of the company for finalizing the Share Exchange Ratio and the Scheme of Amalgamation.Amarjoth Spg Audited Results

Farry Ind to consider to issue Convertible Preferential Basis Warrants Equity Sharesallotment to the Promoter & Non-Promoter, as well asto consider the Merger of the company for finalizing the Share Exchange Ratio and the Scheme of Amalgamation.Gagan Poly to consider to issue5500000/- Convertible Preferential Basis Warrants Equity Shares allotment to the Promoter & Non-Promoter, as well as to consider the Merger of thecompany for finalizing the Share Exchange Ratio andthe Scheme of AmalgamationGravita I Interim DividendHMT Quarterly ResultsKarma Inds to consider to issue Con-vertible Preferential Basis Warrants Equity Shares allot-ment to the Promoter & Non-Promoter, as well as toconsider the Merger of the company for finalizing theShare Exchange Ratio and the Scheme of Amalgama-tion.Rammaica (I) to consider to issue6800000/- Convertible Preferential Basis Warrants Eq-uity Shares allotment to the Promoter & Non-Promoter,as well as to consider the Merger of the company for fi-nalizing the Share Exchange Ratio and the Scheme ofAmalgamation.Swan Eng and approve the followingitems: 1. Consideration of the Audited Financial Resultsof the Company for the financial year ended March 31,2012. 2. Recommendation for declaration of Dividend,if any, for the financial year ended March 31, 2012. 3.Fixation of date of 104th Annual General Meeting ofthe Company.Tirupti Sarj to consider the following:1. Audited Financial results for the year ended March31, 2012. 2. Declaration of dividend. 3. Unaudited re-sults for the quarter ended June 30, 2012. Tirupati Sar-jan Ltd has informed BSE that the meeting of Board ofDirectors scheduled to be held on August 10, 2012 hasbeen adjourned for want of Quorum. It has been decided that the meeting will now be held on August17, 2012 to consider following agenda 1. Audited Financial results for the year ended March 31, 2012. 2.Declaration of dividend. 3. Unaudited results for thequarter ended June 30, 2012. dated Intimation ofBoard Meeting to be held on August 10, 2012 has beenadjourned for want of Quorum. Tirupati Sarjan Ltd hasnow informed BSE that the meeting will now be heldon the same day of next week, i.e. August 17, 2012 to consider following agenda : 1. Audited Financial results for the year ended March 31, 2012. 2. Declara-tion of dividend. 3. Unaudited results for the quarter

ended June 30, 2012. (As Per BSE AnnouncementDated on 13.08.2012)

AUGUST 18BLS Infotech to consider and take onrecord the Audited Financial Results of the Company forthe year ended March 31, 2012 and recommendationof dividend, if any.Computer Pt and take on record the Au-dited Financial Results of the Company for the yearended March 31, 2012 and recommendation of divi-dend, if any.FIEM Inds to consider and approvethe Annual Accounts for the financial year 2011-12 andrecommendation of Dividend, if any, for the FinancialYear 2011-12.J J Finance Audited ResultsMysore Paper Quarterly ResultsSMS Pharma to consider the followingitems of Agenda:- 1. To consider the sale and transferof Unit-VI situated at J.N. Pharma City, Parawada,Visakhapatnam, A.P. 2. To appoint Independent Valuersand legal advisors. 3. To appoint Scrutinizes. 4. To con-sider and approve the Notice of Postal Ballot. 5. To ap-point Director/Chief Financial Officer for the entire pollprocess.

AUGUST 20Hanung Toys Audited ResultsHillock Agro Hillock Agro Foods India Ltdhas now informed BSE that the Board of Directors of theCompany at its meeting held on August 20, 2010, hasapproved the demerger of the Food/Agro division of theCompany and the same be vested in the DeepvandanaTradelink Private Limited. Further, the demerged divisionof the Company be amalgamated with the Real RealtyManagement Company Private Limited having excellentBusiness prospects and adequate liquid cash to imple-ment its business plans subsequently reviving the Com-pany by taking over the control of the management ofthe Hillock Agro Foods (India) Limited by the promotersof the Transferor Company pursuant to section 391 to394 and other relevant provision of the Companies Act,1956 along with the re-organization share capital of theCompany as per the scheme of Amalgamation and thedraft scheme of arrangement for this purpose was placedand approved by the Board. The Board has decided toappoint M/s. V. D. Shukla & Co., Chartered Accountants,Ahmedabad for the valuation of Companies and recom-mendation of the equity swap ratio and M/s. NirbhayCapital Services Pvt. Ltd. Category -I, Merchant Bankerfor obtaining Fairness Opinion Report.

FORTHCOMING BOARD MEETINGS

STOCK REPORT

18

BS TOP 500

AIRLINESJet Airways Jun 12 4587.27 29.53 24.70 - 11.41 -Spicejet Jun 12 1466.69 55.10 56.15 - 6.90 -Kingfisher Jun 12 301.38 -84.20 -650.79 - - -Total 6355.34 -0.61 -569.94 - 1.58 -AUTO ANCILLARIESMothersons S Jun 12 6388.01 168.14 8.14 -87.53 4.83 33.21Bosch Mar 12 2295.04 10.03 335.82 22.39 21.54 23.48Tube Inv Jun 12 1793.09 19.77 84.77 14.09 27.90 10.35Exide Ind Jun 12 1553.58 24.47 152.03 -6.87 15.93 24.58Amtek Auto Mar 12 586.26 27.10 65.85 5.61 33.49 26.19Wheels India Jun 12 519.61 11.36 8.93 24.20 7.93 21.45Amtek India Mar 12 488.48 32.39 44.46 20.10 31.08 16.15Autoline Ind Jun 12 192.72 18.84 5.25 -40.74 10.92 3.15Total 13816.79 59.32 705.25 1.82 14.19 22.16AUTOMOBILESTata Motors Jun 12 43323.61 30.26 2244.91 12.27 12.66 5.38Maruti Suzuki Jun 12 10778.15 27.49 423.77 -22.84 8.34 22.27Mah & Mah Jun 12 9367.39 39.25 725.64 19.96 12.48 15.12Hero MotoCorp Jun 12 6247.28 9.95 615.46 10.32 16.67 15.69Bajaj Auto Jun 12 4865.66 3.39 718.39 1.03 21.66 16.14Ashok Leyland Jun 12 3007.35 19.69 66.94 -22.39 8.43 11.17TVS Motor Jun 12 1819.75 4.22 51.10 -13.10 6.18 7.76Eicher Motor Jun 12 1584.97 23.76 75.96 -0.46 8.42 16.21Escorts Jun 12 862.36 17.22 26.89 103.40 7.77 10.11Atlas Cycles Mar 12 211.57 7.17 0.72 -31.43 3.54 34.92HMT Mar 12 61.90 -0.80 -8.64 - 24.10 -Total 82129.99 25.65 4941.14 6.52 12.46 10.36BANKSSBI Jun 12 15314.24 16.69 4874.70 94.02 - 7.16PNB Jun 12 3695.14 18.61 1245.67 12.72 - 4.88HDFC Bank Jun 12 3484.05 22.33 1417.39 30.64 - 25.81ICICI Bank Jun 12 3192.94 32.44 1815.05 36.24 - 15.84Bank of Baroda Jun 12 2798.07 21.80 1138.86 10.26 - 5.08Axis Bank Jun 12 2179.86 26.43 1153.52 22.41 - 9.96Bank of India Jun 12 2043.55 11.00 887.45 71.48 - 5.12Canara Bank Jun 12 1843.54 4.22 775.24 6.80 - 4.65Union Bank Jun 12 1821.73 14.56 511.59 10.16 - 4.91Central Bank Jun 12 1377.65 3.56 335.95 19.65 - 8.74Ind Ove Bank Jun 12 1328.27 11.84 233.44 13.55 - 5.28Syndicate Bank Jun 12 1319.13 18.80 440.22 28.38 - 4.01Allahabad Bk Jun 12 1305.87 11.09 514.03 22.94 - 3.23IDBI Bank Jun 12 1270.61 10.25 427.34 27.53 - 5.07Indian Bank Jun 12 1153.15 11.96 461.75 13.47 - 4.09Oriental Bank Jun 12 1125.84 10.56 391.42 10.35 - 5.60Kotak Mah Bank Jun 12 1100.61 19.58 443.48 6.58 - 23.16UCO Bank Jun 12 1043.32 29.02 362.46 23.91 - 3.82Andhra Bank Jun 12 938.48 3.09 361.83 -6.19 - 4.08Corpn Bank Jun 12 808.43 14.26 370.26 5.35 - 3.77United Bank Jun 12 683.57 20.14 173.89 31.29 - 2.86Dena Bank Jun 12 612.24 37.10 238.63 41.97 - 3.54J & K Bank Jun 12 535.62 22.51 246.09 35.00 - 5.16Federal Bank Jun 12 491.64 6.94 190.35 30.23 - 8.82IndusInd Bank Jun 12 484.10 24.13 236.26 31.12 - 17.60Yes Bank Jun 12 472.19 33.32 290.14 34.27 - 12.07Vijaya Bank Jun 12 455.05 7.57 111.36 54.20 - 4.20Pun Sind Bnk Jun 12 368.87 5.15 24.03 -62.51 - 3.50

ING Vysya Bk Jun 12 343.26 31.04 130.12 38.40 - 11.81South Ind Bk Jun 12 296.78 44.79 123.04 49.16 - 5.87Karur Vysya Jun 12 253.94 23.88 145.95 25.06 - 8.36Karnataka Bk Jun 12 226.30 47.25 83.43 67.60 - 6.09City Union B Jun 12 137.94 14.91 73.89 26.29 - 7.09Dhanlaxmi Bk Jun 12 75.02 17.64 -11.81 - - -DCB Jun 12 63.93 23.23 18.91 114.16 - 14.96Total 54644.93 17.36 20235.93 34.16 - 8.90BEARINGSSKF India Jun 12 578.01 -3.15 46.67 -9.36 13.79 15.67FAG Bearings Jun 12 380.06 19.54 46.24 3.40 19.90 14.08Timken India Jun 12 172.87 3.78 18.01 -21.63 16.05 15.44Total 1130.94 4.59 110.92 -6.94 16.19 15.02BREWERIESUnited Spirt Jun 12 2072.86 6.60 144.95 5.26 19.09 30.81United Brew Jun 12 1225.82 28.69 98.64 38.85 16.65 108.65Radico Khatn Jun 12 303.83 2.08 21.12 1.83 19.29 21.99Tilaknagar I Mar 12 153.96 14.00 12.48 12.74 25.97 12.75Globus Sprt Jun 12 143.88 24.43 9.53 -17.70 13.16 6.81Total 3900.35 13.21 286.72 13.71 18.39 42.83CEMENTUltraTech Jun 12 5090.86 16.44 778.39 13.95 27.04 18.04ACC Jun 12 2958.96 14.72 414.52 26.33 26.06 21.19Ambuja Cem Jun 12 2578.45 17.76 468.90 34.94 31.54 23.82Shree Cement Mar 12 1478.02 38.12 114.28 73.86 30.28 41.30India Cement Jun 12 1205.03 13.55 62.07 -39.16 21.69 8.97Madras Cem Jun 12 995.27 29.56 123.01 25.14 31.60 9.95JK Cement Jun 12 737.46 21.09 68.87 38.02 23.16 8.08JK Lakshmi Jun 12 534.09 34.49 50.28 121.01 23.69 8.18CCL Int Jun 12 20.31 92.33 0.441000.00 4.97 927.75Total 15598.45 19.46 2080.76 22.58 27.46 19.50CHEMICALSGodrej Ind Jun 12 1815.23 36.10 41.45 -41.89 6.54 30.64Pidilite Ind Jun 12 1002.59 17.97 128.02 22.38 20.46 25.67Guj Fluoro Jun 12 585.53 16.08 159.45 -0.09 48.77 8.73BOC India Jun 12 346.97 35.16 20.32 -24.66 15.62 33.62Vivimed Labs Mar 12 251.96 108.84 22.30 83.24 18.73 8.37Navin Fluo Jun 12 156.89 -19.77 19.33 -67.90 21.85 1.50Cochin Min Mar 12 75.15 149.58 27.383159.52 56.73 2.55Dinesh Allor Dec 11 0.14 27.27 0.02 0.00 42.86 92.82Total 4234.46 28.66 418.27 -4.01 18.61 17.32CONSTRUCTION HOUSINGDLF Jun 12 2197.71 -10.14 292.79 -18.30 54.95 31.46Unitech Mar 12 716.07 -32.08 2.26 -97.80 12.86 22.18Sobha Devlp Jun 12 424.70 40.07 46.00 48.87 27.01 15.23Omaxe Jun 12 368.29 10.40 18.18 -9.24 16.23 30.77Godrej Prpty Jun 12 226.10 56.83 17.16 70.58 16.97 37.56Parsvnath Mar 12 219.21 -7.70 -27.23 - 47.54 33.43Prestige Est Jun 12 219.18 -11.77 49.28 35.27 44.50 26.71Oberoi Relty Jun 12 199.89 23.53 100.80 -4.70 72.43 16.82HDIL Mar 12 167.17 -68.30 96.67 -51.01 102.75 8.77Orbit Corpn Mar 12 122.50 79.83 -4.97 - 37.40 44.37Total 4860.82 -12.01 590.94 -34.88 42.72 24.02

(Rs crore) Quarter Net % Net % OPM TTM P/ECompany Ended Sales chg Profit chg (%) (Times)

(Rs crore) Quarter Net % Net % OPM TTM P/ECompany Ended Sales chg Profit chg (%) (Times)

Note: Corporate Scoreboard consists of top BS-500 stocks that account for over 90 percent of the market value, volume and trades on the BSE and the NSE combined. Forbanks, Net Sales = Interest Income minus Interest Expenses or Net Interest Income.Data complied by BS Research Burearu