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Wednesday, February 17, 2010

Man Infraconstruction IPO Review


Focused on real estate projects

The share of residential to total order book is 83% and that of commercial 10%

Promoted by Parag Shah and Mansi Shah, Man Infrastructure provides construction services for the port sector, residential and commercial real estate and roads. The company started off as a contractor for port infrastructure in August 2002 providing services including construction of onshore terminals, container freight stations, operational buildings and workshops. It has gradually entered into contracting services in the residential and commercial space in the Mumbai market. Over the years, real estate sector projects have become the major contributor to the consolidated revenue of the company. The share of the real estate sector to consolidated contract revenue came down in the fiscal ended March 2009 (FY2009) to 53% from 60% in FY 2008, but has since accelerated to 72.5% for the nine month ended December 2009.

Man Infrastructure's five biggest clients based on cumulative sales turnover of the last five fiscal years were Dynamix, Simplex, Gateway Terminals, MICT and Gokuldham Real Estate Development Company. In FY 2007, 2008 and 2009, 57.44%, 15.92% and 2.48%, respectively, of its standalone contract revenue was derived from Gateway Terminals (a container terminal operator at the Jawaharlal Nehru Port Trust) for port infrastructure projects and 6.65%, 11.47% and 5.88%, respectively, from Neelkanth, and 1.60%, 36.33% and 26.56%, respectively, from Dynamix, and 0%, 11.25% and 34.06%, respectively, from Simplex. The company has developed strong customer relationships on account of timely completion of projects in accordance with their requirements. It has long-term relationships with many of its clients, including subsidiaries or affiliates of the A.P. Moller group such as Maersk India and Gateway Terminals, and subsidiaries or affiliates of P&O Ports (now known as DP World) such as Mundra International Container Terminal, and have received repeat business from such clients.

Currently, Man Infrastructure's operations are confined to construction services. It has no presence in infrastructure project development. This is one area the company is looking at entering. Moreover, it also intends to move up the value chain in the construction services business from current item rate contracts to turnkey solutions from project design to commissioning. Towards this, the company is building up capabilities organically as well as through selective acquisitions of specialized businesses with design capability.

Man Infrastructure is offering fresh equity shares of 56,25,150 through the IPO at an offer price band of Rs 243-Rs252, which would raise about Rs 137 crore to Rs 142 crore. The company intends to use the proceeds to meet the expenditure on purchase of capital equipments of Rs 122.53 crore and for general corporate purposes.

Strengths

The order book was Rs 2020.93 crore end December 2009. About 93% comprised real estate projects, with the share of residential to total order book standing at 83% and that of commercial orders at 10%. The balance is made up of port infrastructure (5%) and road infrastructure (2%) projects. Nearly 22.31% of the total order book is accounted for by Slum Rehabilitation Authority projects and government residential projects in Maharashtra. Moreover, real estate contracts are concentrated around the Mumbai market, which has bounced back quickly from the slowdown and continues to be stable.

Weakness

Execution of some of the projects slowed down in the first nine months of FY 2010. Consequently, the contract revenue declined 14% to Rs 388.07 crore. Continued slowdown in contracts irrespective of client side or contractor related issues might affect revenue, going forward, if not sorted out.

Some of the promoter group companies are into real estate development as well as have object clause to pursue construction services.

A majority of the order backlog is made up of item rate contract. The proportion of revenue derived from contracts, where the consideration is payable solely on item rates, was 42.42% in FY 2008 and 53.00% in FY 2009. Hence, margin is not insulated from the vagaries in movement of commodity prices as well as labour and construction equipment costs.

Have limited experience in the execution of construction projects in infrastructure sectors other than port infrastructure and real estate. Similarly, has no prior experience of build-operate-transfer projects, either the bidding or development and operation.

Despite targeting a port capacity addition of 511 million tones in the Eleventh Five-Year Plan (YEARS!!), the country is going slow on order finalisation. The slippage is currently estimated at about 40% and this could impact the order inflows from this sector.

Valuation

Consolidated sales were up by 154% to Rs 586.92 crore and net profit equally higher by 159% to Rs 82.55 crore in FY 2009. On post-IPO equity, the FY 2009 EPS works out to Rs 17.5 and the nine-month ended December 2009 annualised EPS Rs 18.9.

Underlying the high profit, OPM stand at 30.4% for the nine months ended December 2009, up from 24.7% in FY 2009. For a pure construction company, this margin looks high.

At the current offer price of Rs 243-Rs 252, the consolidated EPS for FY 2009 is discounted 13.9-14.4 times. Comparable companies BL Kashyap and Consolidated Construction Consortium are discounting their FY 2009 consolidated EPS 10.2 and 22 times.

Breadth strong


The key benchmark indices continued their uptrend to hit fresh intraday highs in mid-morning trade as global stocks rose. The BSE 30-share Sensex was up 230.96 points or 1.42%. Metal stocks surged on higher metal prices on the London Metal Exchange. Consumer durables, IT and banking stocks rose. Index heavyweight Reliance Industries also edged higher. The market breadth was strong. All the sectoral indices on BSE were in the green.

Asian stocks rose on Wednesday, 17 February 2010, for the sixth time in seven days on speculation the global economy is recovering as commodity prices gained. US manufacturing expanded faster than estimated and Barclays Plc more than doubled profit. The key benchmark indices in Hong Kong, Indonesia, Japan, South Korea and Singapore rose by between 0.67% to 2.51%. Stock markets in China and Taiwan were closed for the Lunar New Year holidays

Meanwhile, European ministers told Greece on Tuesday it may need to take further steps to bring a swollen debt under control and calm "irrational" financial markets, as wage cuts already announced by Athens sparked another strike. At a European Union meeting, finance ministers from Germany, Austria and Sweden led the charge, with Germany's deputy finance minister saying Greece should mimic Ireland and Latvia, both of which are slashing spending and wages savagely. Greek Finance Minister George Papaconstantinou said after a meeting of finance ministers in Brussels that there's no actual need for a bailout by the European Union.

Trading in US index futures indicated the Dow could gain 17 points at the opening bell on Wednesday, 17 February 2010.

US stocks logged their best single-session percentage advance in three months on Tuesday, 16 February 2010, as buyers returned from an extended weekend. A sharp drop in the dollar, better than expected earnings, positive data and M&A activity boosted the market. The Dow gained nearly 170 points, or 1.7%, to close at 10,268.81. It was the best point and percentage gain since 9 November, last year. The S&P 500 advanced 1.8% and the Nasdaq rose 1.4%.

Minutes from the Federal Open Market Committee's 26 and 27 January 2010 meeting are slated for release today. Policymakers had maintained their pledge to hold interest rates near zero at the time.

Closer home, Finance Minister Pranab Mukherjee said on Wednesday the economy may grow at more than 8% in the fiscal year 2010/11, after growing at around 7.5% in the current fiscal year ending March 2010.

The government's chief statistician Pronab Sen said on Tuesday the wholesale price inflation could cross 10% by end-March, depending how food prices behave in the next two weeks. He said the Reserve Bank of India (RBI) could tighten monetary policy even earlier than an April policy review. The monthly index touched a 14-month high of 8.56% in January 2010, leaping over the central bank's end-March target of 8.5%. The food articles index rose an annual 17.43% in January, near an 11-year high. The manufacturing inflation was up at 6.55% in January, in a sign that food inflation was impacting other sectors.

There are expectations that the central bank may take some monetary action at its next policy review in April 2010 as industrial output growth also picked up pace, growing 16.8% in December from a year earlier. RBI Deputy Governor Subir Gokarn said last week that no monetary action was expected before April unless there was a completely unanticipated or unwarranted event.

Sen said any hike in petrol and diesel prices, as recommended by a government panel on fuel pricing, would have more impact on the consumer price index than on wholesale price inflation. Sen said that although industrial production grew at a higher-than-expected 16.8% in December from a year ago, the government should wait for further consolidation of economic recovery before withdrawing fiscal stimulus measures. India has provided fiscal stimulus measures worth around Rs 1,86,000 crore ($40 billion) and further additional spending of about $4 billion since December 2008.

The Reserve Bank of India cannot target inflation as transmission of monetary policy is muted in the country, its governor D Subbarao said on Tuesday. He added it was difficult for monetary policy to attack supply-side driven inflation.

The high fiscal deficit is not sustainable over a long period and consolidation of public finances was needed as growth picks up, C. Rangarajan, the prime minister's economic advisory panel chairman said on Tuesday.

The next major trigger for the market is the Union Budget 2010-2011 on 26 February 2010. Among the key issues, analysts and economists expect the Finance Minister to provide a roadmap for introduction of key direct and indirect tax reforms viz. the direct tax code (DTC) and the Goods & Services Tax (GST) in the Budget. The GST will enable the Indian corporate sector to get much-needed relief from a multiplicity of state and Central taxes. However, several critical issues need to be resolved before it can be put in place. The Finance Minister must utilize this opportunity to effect a smooth transition to this new system.

The hope of direct tax reform has risen with the release of the draft Direct Tax Code by the government in calendar 2009. The Direct Taxes Code is supposed to replace the Income Tax Act by consolidating and amending income tax provisions for all categories of people and institutions. The DTC proposes doing away with tax exemptions and bringing under the tax purview a number of entities including trusts that pay no tax at the moment. The thrust of the new code is to promote efficiency and equity by eliminating distortions in the tax structure, introducing moderate levels of taxation and expanding the tax base.

Meanwhile, the government may increase excise duties as a first step towards a gradual winding down of fiscal stimulus measures. It may also raise the service tax rate to 12% from 10%. It may be recalled that the government had slashed the Central Value Added Tax (Cenvat) rate for excise duty from 14% to 8% in two rounds starting in December 2008. It had also cut service tax by 2 percentage points. These reductions were effected in order to provide a stimulus to domestic industry. Since the overall prospects for growth are much brighter today, the finance minister may well withdraw a part of the stimulus in order to boost tax revenue.

The Finance Minster may project a lower fiscal deficit for 2010-11 based on higher revenue projections due to economic rebound. It remains to be seen if there are structural reforms to reduce the subsidy burden such as decontrol of petrol and diesel prices as recommended by the Kirit Parikh committee recently.

It also remains to be seen if there is any progress on financial sector reforms. The pending financial sector reforms include raising the foreign direct investment (FDI) cap in private sector insurance companies from 26% to 49% - a Bill for which is pending in Parliament.

As far as government expenditure is concerned, the thrust areas could be agriculture, water resources, power, roads & other infrastructure projects and social sector schemes.

At 11:20 IST, the BSE 30-share Sensex was up 230.96 points or 1.42% to 16,457.64. The Sensex rose 2.23 points at the day's low of 16,228.91 in early trade. The barometer index jumped 253.81 points at the day's high of 16,480.49 in mid-morning trade.

The S&P CNX Nifty was up 65.10 points or 1.34% to 4,920.85.

The BSE Mid-Cap index rose 1.25% and the BSE Small-Cap index rose 1.16%.

The market breadth, indicating the overall health of the market was strong. On BSE, 1863 shares advanced as compared with 613 that declined. A total of 76 shares remained unchanged.

All the 30 stocks from the Sensex pack rose.

Index heavyweight Reliance Industries (RIL) rose 1.07% extending Tuesday's near 1% rise. RIL recently submitted a $2 billion expression of interest for Value Creation Inc, a Canada-based private firm which holds oil sands assets.

The government has reportedly demanded another $2.7 million from Reliance Industries towards royalty and profit petroleum payments on gas produced from the Krishna-Godavari (KG) D6 for the six-month period from April-September 2009, arguing that the company did not take into account the marketing margin it levies while calculating the dues.

Meanwhile, dashing dreams of Reliance Industries' (RIL) acquisition of bankrupt chemical giant LyondellBasell, unsecured creditors of the Dutch firm have reportedly agreed to settle a dispute over claims and support reorganisation plans of its management. LyondellBasell has offered an additional $150 million towards claims of the unsecured creditors.

Tata Power Company rose 1.80%, extending gains for the second consecutive day, after the company signed a pact with Korea East West Power for operation and maintenance of projects in Asia, Middle East and Africa.

IT stocks rose on strong economic data in the US. US is the largest export market for Indian IT firms. India's third largest software services exporter Wipro rose 0.34% extending Tuesday's 1.46% gains. Its ADR rose 3.26% on Tuesday. A Wipro employee has reportedly embezzled crores of rupees over the past three years, sending India's third-largest software exporter scrambling to tighten internal controls in the finance division where the fraud took place.

The employee had been working with the company for the past three years in the 'controllership' division within the finance department. This cell is responsible for keeping the company's financial books and also has powers to authorise payments whenever needed.

India's largest IT exporter by sales Tata Consultancy Services rose 0.74% extending Tuesday's 1.4% gains. TCS' Passport Seva Project, which aims to issue passports in flat three days, is all set to be launched shortly. India's second largest IT exporter by sales Infosys rose 0.61% extending Tuesday's 1.53% gains. Its ADR rose 2.7% on Tuesday.

Consumer durables stocks rose on strong consumption demand as the economy picks up. Titan Industries, Rajesh Exports, Lloyd Electric, Asian Star Company, Videocon Industries, Gitanjali Gems rose by between 0.73% to 7.09%.

Rate sensitive banking shares rose after the central bank said last week it will introduce from 1 April 2010 a new base rate to price credit more transparently, replacing the existing benchmark prime lending rate (BPLR). India's largest private sector bank by net profit ICICI Bank rose 1.44% extending Tuesday's 1.97% gains. Its ADR rose 1.95% on Tuesday. India's largest bank by net profit and branch network State Bank of India rose 1.15% extending Tuesday's 1.41% gains. India's second largest private sector bank by net profit HDFC Bank rose 2.3%. Its ADR rose 1.81% on Tuesday.

The Reserve Bank of India said the base rate will be the new reference rate for determining lending rates. According to draft guidelines, the RBI has proposed that the actual lending rate charged to borrowers would be the base rate plus borrower-specific charges including product-specific operating cost, credit-risk premium and tenure premium said.

Metal stocks rose after LMEX, a gauge of six metals traded on the London Metal Exchange, jumped 4.18% on Tuesday, 16 February 2010. Steel Authority of India, Sterlite Industries, National Aluminum Company, Hindustan Zinc, JSW Steel rose by between 1.39% to 4.32%.

Tata Steel, the world's No. 8 steelmaker, rose 4.33% as the firm posted its first consolidated quarterly profit in four quarters and said reviving global demand would further boost earnings in the three months to March 2010. After trading hours on Tuesday, Tata Steel said its consolidated net profit for the December 2009 quarter, which includes its UK unit Corus, fell 42%, although higher prices and increased volumes led to a rise in its operating profit margins.

Tata Steel said its consolidated net profit in the October-December period fell to Rs 473 crore from Rs 814 crore last year. Revenue fell 20% to Rs 26,069 crore. The stock rose 2.23% on Tuesday ahead of the result.

Hindalco Industries rose 4.1% gaining for the fourth straight day on reports the company hopes to complete raising Rs 4900 crore of debt in the next two weeks to achieve financial closure for Utkal Alumina Refinery, a 15 lakh tonne per annum project in Orissa.

Sree Sakthi Paper Mills gained 4.78%, after the company's board approved a modernization-cum-expansion programme with a capital outlay of Rs 11.62 crore.

SGX Nifty Live Update - Feb 17 2010


4,914.00 +24.00

Indian Hotels


We recommend a sell in the stock of Indian Hotels from a short-term trading perspective. This stock is in a downtrend since the January 15 peak of Rs 109.5. It recorded a sharp decline in the second half of January and the stock finally bottomed at Rs 85 on February 5. Though the stock is attempting to stabilise itself since this trough, the bounce from this level lacks conviction. The fact that the stock is unable to move above the immediate resistance at Rs 94.5 implies that it can decline in the days ahead. The oscillators in the daily chart are still in the bearish zone and struggling to move out of it. The stock is also trading below its 50-day moving average. We expect the stock to decline till it hits the targets of Rs 85 or Rs 80. Short-term investors can sell the stock with the stop at Rs 95.

via BL

Precious metals on a roll


Prices shine as dollar slips from nine-month highs

Precious metal prices ended substantially higher on Tuesday, 16 February 2010. Prices rose as Greece's fiscal problems seemed to reduce thereby weakening the dollar and increasing the appeal of precious metals as an alternate investment.

Generally, a stronger dollar pressures demand for dollar-denominated commodities, such as crude oil and gold, which become more expensive for holders of other currencies and also vice versa.

On Tuesday, gold for April delivery ended at $1,119.8 an ounce, higher by $29.8 (2.7%) an ounce on the New York Mercantile Exchange. During intra day trading, it rose to a high of $1,121.9. Last week, gold gained 4%. For January 2010, gold lost 1.2%. Year to date, gold is higher by 2.5%.

On Tuesday, March Comex silver futures ended higher by 71 cents (4.6%) at $16.15 an ounce. Last week, silver ended higher by 4.1%. In January 2010, silver shed 3.9%. Year to date in FY 2010, silver has dropped by almost 1.2%.

In the currency market on Tuesday, the dollar index, which weighs the strength of dollar against the basket of six other currencies slipped from its recent nine month highs and fell by almost 0.8%. The euro rose 1.3% as euro-zone finance ministers met in Brussels to discuss Greece's public finances.

Among economic report scheduled for the day, the Federal Reserve Bank of New York's Empire Manufacturing Survey showed conditions for New York manufacturers improved sharply in February, with its business conditions index rising to 24.91 this month, from 15.92 in January. Market had expected a reading of 16 in February.

Gold had ended FY 2009 higher by 24%. Silver futures had ended 2009 up 50%. The dollar index had lost 4.2% against its counterparts last year.

Last year, after hitting a low at $807.30 per ounce on 15 January 2009, gold futures rallied almost 51% to hit an all-time high at $1217.40 per ounce during early December of 2009 but fell from those levels at the end. Silver futures had hit a low at $10.42 on 15 January 2009 and hit a high at $19.30 per ounce on 2 December 2009. Like gold, silver also ended lower than its all time high level.

At the MCX, gold prices for April delivery closed higher by Rs 126 (0.75%) at Rs 16,731 per ten grams. Prices rose to a high of Rs 16,793 per 10 grams and fell to a low of Rs 16,615 per 10 grams during the day's trading.

At the MCX, silver prices for March delivery closed Rs 669 (2.7%) higher at Rs 25,198/Kg. Prices opened at Rs 24,560/kg and rose to a high of Rs 25,286/Kg during the day's trading.

Crude shoots up


Strong data and weak dollar take prices higher

Crude oil prices once again shot up on Tuesday, 16 February 2010. Prices rose as Greece's fiscal problems seemed to reduce thereby weakening the dollar and increasing the appeal of commodities as an alternate investment. Better than expected economic report for the day also boosted prices.

On Tuesday, crude-oil futures for light sweet crude for March delivery closed at $77.01/barrel (higher by $2.88 or 3.9%). Last week, crude gained 4%. In January 2010, crude ended lower by 8.3%. On a year to date basis, crude is lower by 2.7%.

In the currency market on Tuesday, the dollar index, which weighs the strength of dollar against the basket of six other currencies slipped from its recent nine month highs and fell by almost 0.8%. The euro rose 1.3% as euro-zone finance ministers met in Brussels to discuss Greece's public finances.

Among economic report scheduled for the day, the Federal Reserve Bank of New York's Empire Manufacturing Survey showed conditions for New York manufacturers improved sharply in February, with its business conditions index rising to 24.91 this month, from 15.92 in January. Market had expected a reading of 16 in February.

Last Friday, the Energy Information Administration reported an increase of 2.42 million barrels in U.S. crude inventories in the week ended 5 February 2010, a bigger buildup than had been expected. The report was delayed by two days because of a snowstorm that shut down government offices in Washington, D.C. The EIA also said gasoline supplies rose by 2.3 million barrels, while distillate stocks fell by 356,000 barrels. Market was looking for an increase of 1 million barrels for gasoline and a decline of 1.75 million barrels for distillates.

In the latest monthly report, Paris-based IEA reported on last Thursday, that it expects global oil demand this year to be 170,000 barrels a day higher than previously expected. Demand is estimated at 86.5 million barrels a day, representing an increase of 1.6 million barrels a day compared with 2009 levels.

Among other energy products on Tuesday, gasoline for March delivery rose 6 cents to $1.99 a gallon, while heating-oil for the same month gained 8 cents to $2 a gallon.

Also on Tuesday, natural gas sold off in the late morning and closed down 2.7% at $5.32 per MMBtu.

Crude ended FY 2009 higher by 78%, the highest yearly gain since 1999. It reached a high of $82 earlier in October 2009 and hit a low of $33.98 on 12 February 2009. Oil prices had reached a high of $147 on 11 July, 2008 but have dropped almost 48.8% since then. Crude prices had ended FY 2008 lower by 54%, the largest yearly loss since trading began at Nymex.

At the MCX, crude oil for February delivery closed Rs 111 (3.2%) higher at Rs 3,543/barrel. Natural gas for February delivery closed lower by Rs 5.7 (2.2%) at Rs 248.5/mmbtu.

Tuesday, February 16, 2010

Sunil Hitech Engineers


Sunil Hitech Engineers

NSE Bulk Deals to Watch - Feb 16 2010


Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
16-FEB-2010,GOLDINFRA,Goldstone Infratech Ltd.,CAMPHAR SEC. & ADV. P LTD.,BUY,209173,24.78,-
16-FEB-2010,GOLDINFRA,Goldstone Infratech Ltd.,RAJASTHAN GLOBAL SECURITIES LTD,BUY,217119,24.93,-
16-FEB-2010,HIMACHLFUT,Himachal Fut Comm Ltd,KAMAL KUMAR DUGAR & CO (PROP) KAMAL KUM,BUY,2537332,15.98,-
16-FEB-2010,ITI,ITI Ltd.,NAMAN SECURITIES & FINANCE PVT. LTD,BUY,112400,56.68,-
16-FEB-2010,ITI,ITI Ltd.,OM INVESTMENTS,BUY,168605,56.23,-
16-FEB-2010,QUINTEGRA,Quintegra Solutions Ltd,N JAYAKUMAR,BUY,400000,13.20,-
16-FEB-2010,SHIVAMAUTO,Shivam Autotech Limited,BP FINTRADE PRIVATE LIMITED,BUY,91546,107.88,-
16-FEB-2010,SHREEASHTA,Shree Ashtavinayak Cine V,DKG SECURITIES PVT. LTD.,BUY,1121519,18.50,-
16-FEB-2010,SHREEASHTA,Shree Ashtavinayak Cine V,SUMAN,BUY,1596106,19.06,-
16-FEB-2010,SHREEASHTA,Shree Ashtavinayak Cine V,TANDON VINOD MURLIDHAR,BUY,792089,18.66,-
16-FEB-2010,SHREEASHTA,Shree Ashtavinayak Cine V,TRANS FINANCIAL RESOURCES LTD,BUY,1284332,18.94,-
16-FEB-2010,SHREEASHTA,Shree Ashtavinayak Cine V,TRANSGLOBAL SECURITIES LTD.,BUY,1078102,19.01,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,AANIR SHARES SERVICES,BUY,83042,84.43,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,AMAR KANAIYALAL CHAUHAN,BUY,108450,84.35,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,AUM SECURITIES PRIVATE LTD.,BUY,100258,84.85,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,CPR CAPITAL SERVICES LTD.,BUY,125565,84.01,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,DEEPAK SHANTILAL CHHEDA,BUY,276691,84.39,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,DINESH MUNJAL(HUF),BUY,164762,84.38,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,GENUINE STOCK BROKERS PVT LTD,BUY,479726,84.69,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,LAXMI GOVIND KULKARNI,BUY,102162,84.66,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,LEO FINANCIAL SERVICES LTD.,BUY,327657,84.43,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,MANIPUT INVESTMENTS PVT. LTD.,BUY,209362,84.90,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,MARWADI SHARES AND FINANCE LIMITED,BUY,111579,84.42,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,NAMAN SECURITIES & FINANCE PVT. LTD,BUY,412893,84.47,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,NEPTUNE FINCOT PVT LTD,BUY,123413,85.39,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,OM INVESTMENTS,BUY,265929,84.70,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,R APPALA RAJU,BUY,220000,84.48,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,R.M. SHARE TRADING PVT LTD,BUY,140640,85.09,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,SANDIP RASIKLAL SHAH HUF,BUY,117496,84.43,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,SANJAY BHANWARLAL JAIN,BUY,104837,84.81,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,TRANSGLOBAL SECURITIES LTD.,BUY,245685,84.42,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,VICKY M GUPTA,BUY,344442,84.33,-
16-FEB-2010,THINKSOFT,Thinksoft Global Ser Ltd,KALASH SHARES & SECURITIES PRIVATE LIMITED,BUY,57707,425.73,-
16-FEB-2010,THINKSOFT,Thinksoft Global Ser Ltd,MANIPUT INVESTMENTS PVT. LTD.,BUY,71955,431.83,-
16-FEB-2010,BAJAJFINSV,Bajaj Finserv Limited,KOTAK MAHINDRA (UK)LIMITED A/C PREMIER INVESTMENT FUND LTD,SELL,800000,330.05,-
16-FEB-2010,BHARTISHIP,Bharati Shipyard Limited,CREDIT SUISSE (SINGAPORE) LIMITED A/C CREDIT SUISSE (SINGAP,SELL,221230,269.62,-
16-FEB-2010,GOLDINFRA,Goldstone Infratech Ltd.,CAMPHAR SEC. & ADV. P LTD.,SELL,9553,26.00,-
16-FEB-2010,GOLDINFRA,Goldstone Infratech Ltd.,CASPIAN PROJECTS PRIVATE LIMITED,SELL,800000,25.56,-
16-FEB-2010,HIMACHLFUT,Himachal Fut Comm Ltd,KAMAL KUMAR DUGAR & CO (PROP) KAMAL KUM,SELL,2537332,16.10,-
16-FEB-2010,ITI,ITI Ltd.,NAMAN SECURITIES & FINANCE PVT. LTD,SELL,103181,56.79,-
16-FEB-2010,ITI,ITI Ltd.,OM INVESTMENTS,SELL,168605,56.31,-
16-FEB-2010,QUINTEGRA,Quintegra Solutions Ltd,ROSE BURG INC,SELL,430341,13.26,-
16-FEB-2010,SHIVAMAUTO,Shivam Autotech Limited,BP FINTRADE PRIVATE LIMITED,SELL,84496,107.99,-
16-FEB-2010,SHREEASHTA,Shree Ashtavinayak Cine V,DKG SECURITIES PVT. LTD.,SELL,1121519,18.36,-
16-FEB-2010,SHREEASHTA,Shree Ashtavinayak Cine V,SUMAN,SELL,1596106,18.75,-
16-FEB-2010,SHREEASHTA,Shree Ashtavinayak Cine V,TANDON VINOD MURLIDHAR,SELL,792089,19.14,-
16-FEB-2010,SHREEASHTA,Shree Ashtavinayak Cine V,TRANS FINANCIAL RESOURCES LTD,SELL,1318332,19.22,-
16-FEB-2010,SHREEASHTA,Shree Ashtavinayak Cine V,TRANSGLOBAL SECURITIES LTD.,SELL,1032097,19.00,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,AANIR SHARES SERVICES,SELL,113042,83.67,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,AMAR KANAIYALAL CHAUHAN,SELL,76950,85.39,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,AUM SECURITIES PRIVATE LTD.,SELL,100258,84.04,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,CPR CAPITAL SERVICES LTD.,SELL,125565,83.96,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,DEEPAK SHANTILAL CHHEDA,SELL,276691,84.53,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,DINESH MUNJAL(HUF),SELL,164762,84.42,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,GENUINE STOCK BROKERS PVT LTD,SELL,479726,84.72,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,LAXMI GOVIND KULKARNI,SELL,102162,84.79,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,LEO FINANCIAL SERVICES LTD.,SELL,327657,84.32,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,MANIPUT INVESTMENTS PVT. LTD.,SELL,211823,84.95,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,MARWADI SHARES AND FINANCE LIMITED,SELL,111579,84.37,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,NAMAN SECURITIES & FINANCE PVT. LTD,SELL,460886,84.48,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,NEPTUNE FINCOT PVT LTD,SELL,142015,85.63,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,OM INVESTMENTS,SELL,265929,84.72,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,R APPALA RAJU,SELL,220000,84.89,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,R.M. SHARE TRADING PVT LTD,SELL,140640,85.10,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,SANDIP RASIKLAL SHAH HUF,SELL,117496,84.31,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,SANJAY BHANWARLAL JAIN,SELL,104837,84.78,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,TRANSGLOBAL SECURITIES LTD.,SELL,245685,84.44,-
16-FEB-2010,SYNCOM,Syncom Healthcare Ltd,VICKY M GUPTA,SELL,344442,85.26,-
16-FEB-2010,THINKSOFT,Thinksoft Global Ser Ltd,KALASH SHARES & SECURITIES PRIVATE LIMITED,SELL,57007,425.58,-
16-FEB-2010,THINKSOFT,Thinksoft Global Ser Ltd,MANIPUT INVESTMENTS PVT. LTD.,SELL,71955,432.18,-
16-FEB-2010,TODAYS,Todays Writing Products L,STATE BANK OF HYDERABAD,SELL,98600,22.16,-

India Wireless Sector - Feb 16 2010


India Wireless Sector - Feb 16 2010

Bharti Zain Deal, India Economy


Bharti Zain Deal, India Economy

Bharti Airtel Update


Bharti Airtel Update

Everonn Systems India


Everonn Systems India

Sensex ends sharply higher; ACC stk climbs


The benchmark index Sensex settled on a higher note supported by ACC, Hindalco Industries and Tata Motors. Metal, auto, IT and healthcare stocks gained ground. It started on a quiet note with positive bias and later, it fell into red to bounce back into the positive zone. It traded in a narrow range in the noon. As the day progressed, buying intensified across board on the back of positive opening of European markets to finally closed on a firm note after touching a high of 16,310.39.

On global front, European stocks rose for the sixth time in seven days as earnings from Barclays topped estimates and mining companies rallied. US index futures increased.

At the close, the benchmark 30-share index, BSE Sensex added 188.33 or 1.17% at 16,226.68 with 27 components registering rise. Meanwhile, the broad based NSE Nifty went up by 53.80 or 1.12% at 4,855.75 with 44 components posting rise.

Sensex Movers

Infosys Technologies contributed rise of 25.01 points in the Sensex. It was followed by ICICI Bank (24.12 points), Reliance Industries (21.88 points), Housing Development Finance Corporation (14.19 points) and Larsen & Toubro (10.31 points).

However, Bharti Airtel contributed fall of 24.59 points in the Sensex. It was followed by HDFC Bank (3.42 points), Hero Honda Motors (0.45 points), Tata Power Company (0.63 points) and Reliance Infrastructure (1.16 points).

Major gainers in the 30-share index were ACC (4.27%), Hindalco Industries (3.20%), Tata Motors (3.02%), Hindustan Unilever (2.89%), Jaiprakash Associates (2.49%), and Sterlite Industries (India) (2.34%).

On the other hand, Bharti Airtel (4.54%) as it lost grip on mkts over Zain valuations, HDFC Bank (0.42%), and Hero Honda Motors (0.22%) were the biggest losers in the Sensex.

Mid & Small-cap Space

Asian Star Company (5.58%), Allcargo Global Logistics (2.69%), Andrew Yule and Company (1.48%), Astrazeneca Pharma India (0.93%) and Amtek Auto (0.93%).

Sectors in Limelight

The Metal index was at 15,920.00, up by 247.46 points or by 1.58%. The major gainers were National Aluminium Company (4.25%), Hindalco Industries (3.2%), Gujarat N R E Coke (2.91%), Hindustan Zinc (1.55%) and JSW Steel (1.06%).

The Auto index was at 7,035.11, up by 95.22 points or by 1.37%. The major gainers were Bharat Forge (4.01%), Apollo Tyres (2.65%), Ashok Leyland (0.4%), Bajaj Auto (0.29%) and Escorts (0.04%).

The IT index was at 5,100.98, up by 68.54 points or by 1.36%. The major gainers were Mphasis (1.97%), Infosys Technologies (1.53%), Oracle Financial Services Software (1.39%), Moser Baer (India) (0.59%) and Tech Mahindra (0.01%).

The HC index was at 4,850.08, up by 57.31 points or by 1.20%. The major gainers were Cipla (2.09%), Biocon (1.46%), Bilcare (0.69%), Apollo Hospitals Enterprise (0.13%) and Aurobindo Pharma (0.08%).

Market Breadth

Market breadth was positive with 1,561 advances against 1,247 declines.

Value and Volume Toppers

Bharti Airtel topped the value chart on the BSE with a turnover of Rs. 2,236.65 million. It was followed by Tata Steel (Rs. 931.48 million), Reliance Industries (Rs. 874.24 million) and Syncom Healthcare (Rs. 668.85 million).

The volume chart was led by Dynamic Infotel with trades of over 11.16 million shares. It was followed by Shree Ashtavinayak Cine Vision (10.24 million), Bharti Airtel (8.21 million) and Syncom Healthcare (7.84 million).

BSE Bulk Deals to Watch - Feb 16 2010


Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
16/2/2010 517356 ACI Infocom KUSHAL CHAND JAIN B 121299 18.33
16/2/2010 517356 ACI Infocom VANDANA MINDA B 50000 18.35
16/2/2010 517356 ACI Infocom ASHWANI MINDA B 50000 18.35
16/2/2010 517356 ACI Infocom VIPIN KUSHALCHAND SANKLECHA B 103168 18.47
16/2/2010 517356 ACI Infocom VIPUL GOPANI S 176465 18.39
16/2/2010 517356 ACI Infocom MURTI GOPANI S 162000 18.34
16/2/2010 517356 ACI Infocom ALKESHM GOPANI S 152090 18.33
16/2/2010 530901 ACIL Cot Inds KASTURI TOWERS LTD S 175000 16.60
16/2/2010 532166 Alka Securities HARSHVARDHAN JAIN S 612118 4.91
16/2/2010 532995 Avon Corp VINOD AMRATLAL NAAI B 547982 8.83
16/2/2010 532995 Avon Corp VINOD AMRATLAL NAAI S 324416 8.86
16/2/2010 532977 Bajaj Auto KMUK A/C PREMIER INVESTMENT S 936000 1775.00
16/2/2010 500034 Bajaj Auto Fin RELIANCE CAP. TRUSTEE CO. LTD A/C RELIANCE TAX SAVER ELSS FUND B 803000 288.75
16/2/2010 500034 Bajaj Auto Fin KMUK A/C PREMIER INVESTMENT S 646240 288.76
16/2/2010 532978 Bajaj Finserv KMUK A/C PREMIER INVESTMENT S 750000 330.00
16/2/2010 532485 Balmer Lawr Inv PANKAJ PATEL S 147654 144.49
16/2/2010 531591 Bampsl Sec NAVAL KISHORE GUPTA B 1500000 1.10
16/2/2010 531591 Bampsl Sec ASHOK KUMAR SONI S 454717 1.10
16/2/2010 590076 Camson Bio SANATAN HERBAL AND NATURALS LIMITED S 75000 100.50
16/2/2010 512361 Cupid Trades VIMALESHWAR AND CO B 5000 36.40
16/2/2010 512361 Cupid Trades CHETNA MALANI B 6000 36.40
16/2/2010 512361 Cupid Trades BHAVANA MALANI B 6000 36.40
16/2/2010 512361 Cupid Trades SELECT PRODUCTS P LTD S 20000 36.40
16/2/2010 500117 DCW CRESTA FUND LIMITED B 2550000 20.60
16/2/2010 500117 DCW LOTUS GLOBAL INVESTMENTS LIMITED S 2550000 20.60
16/2/2010 511668 Fact Enterprise SUVIDHA SECURITIES PVT LTD B 95417 21.64
16/2/2010 511668 Fact Enterprise MANISH SHAHTILAL AJMERA S 50000 21.40
16/2/2010 511668 Fact Enterprise Naman Securities & Finance Pvt. Ltd. S 33134 21.43
16/2/2010 590024 Fert & Chem Trv TRANSGLOBAL SECURITIES LTD. B 52584 63.56
16/2/2010 590024 Fert & Chem Trv TRANSGLOBAL SECURITIES LTD. S 52584 63.59
16/2/2010 514167 Ganesh Poly YAGNESH P KOTADIA S 50000 43.08
16/2/2010 532439 Goldstone Infra CASPIAN PROJECTS PRIVATE LIMITED S 600000 24.69
16/2/2010 513059 GS Auto RITU MERCANTILES PVT LTD S 235136 52.80
16/2/2010 513059 GS Auto SANJAYKUMAR CHAMPAKLAL SHAH S 76149 52.74
16/2/2010 504036 Hind Rectifiers TRANSGLOBAL SECURITIES LTD. B 40685 78.27
16/2/2010 504036 Hind Rectifiers VASANTI SHARE BROKAERS LTD B 40392 77.83
16/2/2010 504036 Hind Rectifiers TRANSGLOBAL SECURITIES LTD. S 41685 78.39
16/2/2010 504036 Hind Rectifiers VASANTI SHARE BROKAERS LTD S 40392 78.02
16/2/2010 509635 Hindustan Compo HARDIK BHARAT PATEL B 60000 453.50
16/2/2010 509635 Hindustan Compo RUCHIT BHARAT PATEL S 60000 453.50
16/2/2010 531447 Insutech India ABSOLUTE LEASING & FINANCE PVT LTD B 42150 15.84
16/2/2010 523467 Jai Mata Glass ASMAH SHARES & STOCK BROKERS PVT LTD B 112043 3.84
16/2/2010 523467 Jai Mata Glass NARESH GUPTA B 110642 3.75
16/2/2010 523467 Jai Mata Glass CHIRAG MAHENDRA SHAH B 66997 3.70
16/2/2010 523467 Jai Mata Glass HITESH SHASHIKANT JHAVERI B 175006 3.88
16/2/2010 523467 Jai Mata Glass NARESHCHAND JAIN B 93829 3.76
16/2/2010 523467 Jai Mata Glass MUKESH TAPARIA B 300000 3.88
16/2/2010 523467 Jai Mata Glass MANSI MILAN CHOKSI B 129166 3.86
16/2/2010 523467 Jai Mata Glass MUKUL NANJI JETHVA B 234982 3.88
16/2/2010 523467 Jai Mata Glass M/S RUKHMANI TRADERS B 89153 3.76
16/2/2010 523467 Jai Mata Glass CHIMANLAL MANEKLAL SECURITIES PVT.LTD B 90131 3.87
16/2/2010 523467 Jai Mata Glass SHILPA PODDAR B 100000 3.80
16/2/2010 523467 Jai Mata Glass ASMAH SHARES & STOCK BROKERS PVT LTD S 205412 3.88
16/2/2010 523467 Jai Mata Glass NARESH GUPTA S 115645 3.81
16/2/2010 523467 Jai Mata Glass JAISUKHLAL REVASHANKER VORA S 75000 3.77
16/2/2010 523467 Jai Mata Glass CHIRAG MAHENDRA SHAH S 66997 3.73
16/2/2010 523467 Jai Mata Glass HITESH SHASHIKANT JHAVERI S 150005 3.88
16/2/2010 523467 Jai Mata Glass NARESHCHAND JAIN S 93829 3.85
16/2/2010 523467 Jai Mata Glass NIRMAL MAHTO S 102001 3.70
16/2/2010 523467 Jai Mata Glass MANSI MILAN CHOKSI S 68613 3.87
16/2/2010 523467 Jai Mata Glass MUKUL NANJI JETHVA S 141944 3.88
16/2/2010 523467 Jai Mata Glass M/S RUKHMANI TRADERS S 254154 3.86
16/2/2010 506520 Jayshree Chem POOJA BAGRI S 70000 32.66
16/2/2010 530255 KAY Power NAVAL KISHORE GUPTA B 204350 16.65
16/2/2010 530255 KAY Power BAMPSL SECURITIES LTD B 68832 16.66
16/2/2010 530255 KAY Power ANJALI KAUSHIK B 70000 16.24
16/2/2010 530255 KAY Power SUNIL KUMAR GUPTA B 80700 16.21
16/2/2010 530255 KAY Power SUNDER DASS AGARWAL B 85625 16.23
16/2/2010 530255 KAY Power B.S.KHANDELWAL B 65000 16.21
16/2/2010 530255 KAY Power KAUSHALYA GARG S 466690 16.21
16/2/2010 530255 KAY Power BAMPSL SECURITIES LTD S 53900 16.83
16/2/2010 531515 Mahan Inds SATGURU ENTERPRISES B 300000 4.59
16/2/2010 531515 Mahan Inds YOGENDRA KUMAR GUPTA S 1500000 4.59
16/2/2010 531515 Mahan Inds YOGENDRARAJ SINGHVI S 500000 4.59
16/2/2010 531515 Mahan Inds SHASHI SINGHVI S 500000 4.59
16/2/2010 526195 Neogem India PARAM CAPITAL RESEARCH PVT LTD S 53800 8.50
16/2/2010 532986 Niraj Cement RAJARAM VISHWAS PATIL B 241536 54.44
16/2/2010 532986 Niraj Cement HARSHVARDHAN JAIN B 57900 54.77
16/2/2010 532986 Niraj Cement RAHULMOOLCHAND MEHTA S 54000 54.51
16/2/2010 532986 Niraj Cement RAJARAM VISHWAS PATIL S 183081 53.65
16/2/2010 532986 Niraj Cement HARSHVARDHAN JAIN S 57900 55.41
16/2/2010 533008 OCL Iron GARIMA BUILDPROP PRIVATE LIMITED B 67928854 21.00
16/2/2010 533008 OCL Iron R H DALMIA TRUST S 19000000 21.00
16/2/2010 533008 OCL Iron RAGHU HARI DALMIA S 48928854 21.00
16/2/2010 531496 Omkar Overseas VISHAL M RAMNANI B 40000 49.40
16/2/2010 531496 Omkar Overseas BHUTIYA HITESH KANABHAI B 40000 49.49
16/2/2010 531496 Omkar Overseas JITENDRA KUMAR RATHI S 25000 49.50
16/2/2010 531496 Omkar Overseas AKHANI JAGDISHKUMAR S 25000 49.40
16/2/2010 512097 Oregon Comm SANJAY JETHALAL SONI B 15980 166.63
16/2/2010 512097 Oregon Comm SANJAY JETHALAL SONI B 6323 161.76
16/2/2010 512097 Oregon Comm MEHUL SHANTILAL SANCHETI B 6000 160.05
16/2/2010 512097 Oregon Comm SANJAY JETHALAL SONI S 12868 167.61
16/2/2010 512097 Oregon Comm KRUPA SANJAY SONI S 9115 169.30
16/2/2010 512097 Oregon Comm KRUPA SANJAY SONI S 7804 173.92
16/2/2010 512097 Oregon Comm HALAN PROPERTIES PRIVATE LTD. S 12100 162.40
16/2/2010 511702 Parsharti Inv NIRMALA MAHIPAL B 20200 32.09
16/2/2010 511702 Parsharti Inv J M SONI CONSULTANCY B 15500 32.24
16/2/2010 511702 Parsharti Inv SANJAY JETHALAL SONI S 19678 32.00
16/2/2010 509839 Punjab Wool SUMIT KAUSHAL S 77844 6.55
16/2/2010 502587 Rama Pulp MAHIPAT IWDARMAL MEHTA B 64354 32.80
16/2/2010 530271 Rich Capital SCOPE VYAPAR PRIVATE LIMITED B 130799 60.59
16/2/2010 530271 Rich Capital JHUNJHUNWALA VANASPATI LTD S 40000 61.64
16/2/2010 530271 Rich Capital SIDHANT FINANCIAL SERVICES PVT LTD S 50000 60.40
16/2/2010 532776 Shivam Auto OPG SECURITIES P LTD B 72378 102.73
16/2/2010 532776 Shivam Auto BP FINTRADE PRIVATE LIMITED B 55294 108.06
16/2/2010 532776 Shivam Auto OPG SECURITIES P LTD S 72378 102.84
16/2/2010 532776 Shivam Auto BP FINTRADE PRIVATE LIMITED S 53291 108.02
16/2/2010 532793 Shree Ashtavina TRANSGLOBAL SECURITIES LTD. B 971586 18.92
16/2/2010 532793 Shree Ashtavina TRANS FINANCIAL RESOURCES LIMITED B 1126413 19.24
16/2/2010 532793 Shree Ashtavina TRANSGLOBAL SECURITIES LTD. S 966586 18.97
16/2/2010 505827 SNL Bearings SAHARSH YARN PRIVATE LIMITED B 75000 29.99
16/2/2010 505827 SNL Bearings SAINATH HERBAL CARE MARKETING P.LTD B 65000 30.00
16/2/2010 505827 SNL Bearings ICICI EQUITY FUND S 156350 30.00
16/2/2010 530651 Softech Inf PRASHANT MAHADEV KAMBLE S 20400 97.78
16/2/2010 530651 Softech Inf ASHWIN JAMNUDAS MERCHANT S 42100 101.54
16/2/2010 533157 SYNCOM HEAL REGENT FINANCE CORPORATION PVT. LTD. B 94000 84.83
16/2/2010 533157 SYNCOM HEAL GENUINE STOCK BROKERS PVT. LTD. B 554226 84.72
16/2/2010 533157 SYNCOM HEAL TRANSGLOBAL SECURITIES LTD. B 270251 84.55
16/2/2010 533157 SYNCOM HEAL MARWADI SHARES AND FINANCE LTD. B 121132 84.52
16/2/2010 533157 SYNCOM HEAL SANJEEV SINGHAL B 331887 84.71
16/2/2010 533157 SYNCOM HEAL OPG SECURITIES P LTD B 464338 84.70
16/2/2010 533157 SYNCOM HEAL R M SHARES TRADING PRIVATE LIMITED B 124872 85.04
16/2/2010 533157 SYNCOM HEAL RKSV SECURITIES INDIA PVT LIMITED B 166374 84.98
16/2/2010 533157 SYNCOM HEAL DHANUSHA K. PATEL B 102802 84.64
16/2/2010 533157 SYNCOM HEAL RAKHI KALPESH BHANDARI B 128639 84.59
16/2/2010 533157 SYNCOM HEAL REGENT FINANCE CORPORATION PVT. LTD. S 94000 85.23
16/2/2010 533157 SYNCOM HEAL GENUINE STOCK BROKERS PVT. LTD. S 554226 84.75
16/2/2010 533157 SYNCOM HEAL TRANSGLOBAL SECURITIES LTD. S 270251 84.56
16/2/2010 533157 SYNCOM HEAL MARWADI SHARES AND FINANCE LTD. S 121132 84.59
16/2/2010 533157 SYNCOM HEAL SANJEEV SINGHAL S 331887 84.67
16/2/2010 533157 SYNCOM HEAL OPG SECURITIES P LTD S 464338 84.73
16/2/2010 533157 SYNCOM HEAL M/S ARV ENTERPRISES S 120000 84.11
16/2/2010 533157 SYNCOM HEAL R M SHARES TRADING PRIVATE LIMITED S 124872 85.13
16/2/2010 533157 SYNCOM HEAL RKSV SECURITIES INDIA PVT LIMITED S 166374 84.99
16/2/2010 533157 SYNCOM HEAL DHANUSHA K. PATEL S 87802 84.68
16/2/2010 533157 SYNCOM HEAL RAKHI KALPESH BHANDARI S 128639 84.26
16/2/2010 533121 THINKSOFT SMART EQUITY BROKERS PRIVATE LIMITED B 66183 428.32
16/2/2010 533121 THINKSOFT OPG SECURITIES P LTD B 51460 415.94
16/2/2010 533121 THINKSOFT JMP SECURITIES PVT LTD B 72171 401.42
16/2/2010 533121 THINKSOFT SMART EQUITY BROKERS PRIVATE LIMITED S 66183 429.54
16/2/2010 533121 THINKSOFT JMP SECURITIES PVT LTD S 71407 404.11
16/2/2010 531830 Todays Writing STATE BANK OF HYDERABAD S 91300 22.02
16/2/2010 511431 Vakrangee Soft HIGHPOINT TRADING COMPANY PRIV B 200000 75.50
16/2/2010 532917 Varun Inds HITESH SHASHIKANT JHAVERI B 146970 165.50
16/2/2010 532917 Varun Inds HITESH SHASHIKANT JHAVERI S 138325 165.15
16/2/2010 531574 VAS Infra SAGAR CONSTRUCTIONS B 90000 51.11
16/2/2010 531574 VAS Infra HITESH SHASHIKANT JHAVERI B 100440 51.25
16/2/2010 531249 Well Pack Papers SHOBHNABEN R PARMAR B 24998 435.32
16/2/2010 531249 Well Pack Papers PANDYA YAMINIBEN M B 22481 435.58
16/2/2010 531249 Well Pack Papers AMAR PREMCHAND WALMIKI B 29000 433.02
16/2/2010 531249 Well Pack Papers SANDEEP GOMASE B 43900 434.66
16/2/2010 531249 Well Pack Papers HARDIK MAHESHBHAI PANDYA S 36500 433.05
16/2/2010 531249 Well Pack Papers SANDEEP GOMASE S 43900 434.99
16/2/2010 531249 Well Pack Papers NIOL IMPEX PRIVATE LIMITED S 43900 434.66
16/2/2010 501391 WH Brady ROHNIL BORADIA B 14245 132.19
16/2/2010 501391 WH Brady ROHNIL BORADIA S 14245 130.84
* B - Buy, S - Sell

Nifty February 2010 futures at premium


Turnover rises

Nifty February 2010 futures were at 4,890, at a premium of 34.25 points as compared to the spot closing of 4,855.75. Turnover in NSE's futures & options (F&O) segment increased to Rs 64,999.10 crore from Rs 59,415.62 crore on Monday, 15 February 2010.

Bharti Airtel February 2010 futures were at premium at 275 compared to the spot closing of 273.75.

Tata Steel February 2010 futures were near spot price at 549.25 compared to the spot closing of 550.

Tata Motors February 2010 futures were near spot price at 707.90 compared to the spot closing of 707.80.

In the cash market, the S&P CNX Nifty rose 53.80 points or 1.12% at 4,855.75.