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In 2008, VIP Industries made a high of 35.75 and in 2011, we saw the stock making a high of 205. Very few stocks can claim to have such a level of out-performance from the highs of 2008. From late 2011 though, the stock started to under-perform on a massive scale and at one point of time nearly came towards...
Based on sales, eClerx is one of the larger listed KPO companies in the Indian Market and hence not entirely comparable with the rest of the IT matrix. But the stock performance has been anything but one of a leader. The stock has since its listing in December 2007 has actually delivered better returns than market leader Infosys and this...
Way back in 2009, after being range bound for nearly for nearly 10 years, Whirpool gave a breakout that gave investors a 5x return from the breakout level. After the massive break, the stock has been more or less on a downward journey though the stock is still trading at 3x from its breakout level. On the weekly charts, we...
Recently while writing on GMDC, I had written about how companies that have a stake in Gujarat were seeing some action in the wake of Modi being projected as the next Prime Minister. The trigger for the recent rise though maybe in the company getting a licence to distribute and supply gas in Bhavnagar and Botad. This bodes well for the...
Big Bang breakouts seem to be the order of the day as every other day we see stocks rocketing past previous highs even as the Nifty remains more or less muted. Today, it was KSB Pumps that broke out of a multi-year resistance with the only barrier remaining being the all time high which is around 30 Rupees away from...
Since last April, Nifty has appreciated by around 10% while CNX IT in the same time frame has gone up by 57% (this after taking into account the loss of 4.2% in one day – today). IT stocks have been one of the key performers in Nifty until banking stocks started to perform better in recent times (though Bank Nifty...
While markets are hitting new all time highs, many PSU stocks are languishing at where they were towards the close of 2008 (though as usual, there are some exceptions). BEML on the other hand is currently below even the 2008 low. This despite it having jumped more than 100% from its low of 2013. In fact, you can get BEML...
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