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Moneycontrol India :: News :: Smallcaps underperforming largecaps right now :: Karuturi Global :: MARKET OUTLOOK :: Karuturi Networks ,Mukta Arts,Chandni Textiles,Elnet Tech,HOV Services,Transport Corp Of India
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Smallcaps underperforming largecaps right now
2008-04-15 17:50:46 Source : IMW/CNBC-TV18
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By Niraj Shah, CNBC-TV18

 

Smallcaps are underperforming the largecaps; the breadth is around 5:3. It has widened the gap in the favour of advances. So it’s pretty good going for the small caps space.

 

Some of the stocks that are doing reasonably well, taking cues from their results or other news:

 

Karuturi Networks

-Q4 PAT at Rs 41 cr Vs Rs 14.5 cr

 

Mukta Arts

-PAT at Rs 11.2 cr Vs Rs 15 cr

 

Marg

-Selected by Government of Tamil Nadu for developing minor port at Cheyur

 

Chandni Textiles

-Preferential issue of warrants

 

Some stocks that have been price and volume buzzers are:

 

Elnet Tech

-Volumes at 10-times 10-day average

 

HOV Services

-Volumes at 20-times 10-day average

 

Transport Corp Of India

-Volumes at 10-times 10-day average

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