The Midcaps are slowly waking up to join the feast. A good 99 midcap companies have started participating in the rally are now trading above their May 10 highs. Out of these 98 stocks had fallen between 54% to 5% between May 10, 2006 and June 14, 2006 (when
Sensex touched its lowest). Transworld Info, a company with a market cap of Rs 1474 crore, singularly managed to weather the May-June onslaught an remained in the green. Today it tops the BSE midcap list with a return of 186%.
Shree Precoated Steel and AIA Engineering which fell 35% and 32%, respectively during the said period have gained 129% and 103%, respectively in May 10-December 4 period. In the same list of 99 companies, Mahindra Gesco was the bottom of the rung on June 14. Owing to the confidence in real estate sector, the stock has gained a respectable 11% till December 4. Lakshmi Machine Works is the most expensive stock in the list which is trading at a market price of Rs 35754 on December 4, and netting a gain of 36% since May10. The stock had dwindled 39% between May 10 and June 14, 2006.
|
RECOVERY SINCE MAY 10
|
| Company |
As on May10, 2006 |
As on Dec 4, 2006 |
Return (%) |
| Cls Price |
M-Cap |
Cls Price |
M-Cap |
| Transworld Info |
27.55 |
514.63 |
78.9 |
1473.85 |
186.39 |
| Sh. Precoat. Stl |
269.75 |
2066.82 |
618.6 |
4739.71 |
129.32 |
| AIA Engg |
668.3 |
1188.24 |
1359.4 |
2417.01 |
103.41 |
| Kesoram Ind |
295.25 |
1350.47 |
569.65 |
2605.58 |
92.94 |
| KSL & Inds |
118.04 |
1126.12 |
210.55 |
2008.65 |
78.37 |
| Anant Raj Ind |
842.55 |
2130.81 |
1399.65 |
4799.4 |
66.12 |
| Divi's Lab |
1878.1 |
2407.72 |
3051.8 |
3912.41 |
62.49 |
| Shree Ram Mills |
403.95 |
833.35 |
650.4 |
1341.78 |
61.01 |
| Educomp Solution |
410.25 |
654.76 |
647.35 |
1033.17 |
57.79 |
| Infotech Enterpr |
210.33 |
959.75 |
328.05 |
1504.44 |
55.97 |
| Adani Enterprise |
139.1 |
3156.18 |
216.75 |
5293.04 |
55.82 |
| Ipca Labs. |
355.75 |
889.38 |
547 |
1367.5 |
53.76 |
| Jaybharat Text |
133.22 |
679.42 |
204 |
1041.22 |
53.13 |
| Godrej Indus. |
119.99 |
3502.31 |
179.2 |
5230.85 |
49.35 |
| Everest Kanto |
414 |
729.88 |
611.8 |
1078.6 |
47.78 |
| Lak. Mach. Works |
24313.8 |
3007.62 |
35754.2 |
4422.79 |
47.05 |
| India Infoline |
183.3 |
833.47 |
269.25 |
1229.93 |
46.89 |
| Bhushan Steel |
235.1 |
970.26 |
336.75 |
1430.18 |
43.24 |
| H T Media |
537.9 |
2519.52 |
769.6 |
3604.81 |
43.07 |
| Exide Ind |
28.45 |
2133.75 |
40 |
3000 |
40.60 |
| IVRCL Infrastruc |
315.25 |
3371.6 |
441.05 |
4800.83 |
39.90 |
| Sterling Biotech |
125.25 |
2770.53 |
173.3 |
3833.4 |
38.36 |
| Finolex Cables |
359.8 |
1100.63 |
490.95 |
1501.82 |
36.45 |
| Alstom Projects |
346.2 |
2320.23 |
464.75 |
3114.75 |
34.24 |
| MPhasis BFL |
200.2 |
3223.62 |
266.45 |
4323.42 |
33.09 |
| Areva T&D |
732.05 |
2920.15 |
966.1 |
3853.77 |
31.97 |
| Asahi India Glas |
101.25 |
1620 |
133.15 |
2129.07 |
31.51 |
| Mah. Seamless |
357.05 |
2125.16 |
466.15 |
3071.93 |
30.56 |
| Sasken Comm.Tec |
370.5 |
1035.18 |
482.9 |
1358.4 |
30.34 |
| Jagran Prakashan |
247.54 |
1491.19 |
321.3 |
1935.51 |
29.80 |
| S Kumars Nation |
60.3 |
932.66 |
78.2 |
1436.53 |
29.68 |
| MRF |
3515.75 |
1490.68 |
4544.8 |
1927 |
29.27 |
| Bank of Mah. |
30 |
1291.56 |
38.5 |
1657.5 |
28.33 |
| Deccan Chronicle |
550.8 |
2270.95 |
700.05 |
3131.32 |
27.10 |
| Jain Irrigation |
279.8 |
1632.63 |
355.6 |
2077.06 |
27.09 |
| Sterlite Optical |
181 |
1064.28 |
229.4 |
1348.87 |
26.74 |
| Tulip IT |
362.35 |
1050.82 |
456.9 |
1325.01 |
26.09 |
| Shree Cement |
1131.35 |
3941.62 |
1416.05 |
4933.52 |
25.16 |
| Hexaware |
149.95 |
1959.1 |
186.2 |
2456.91 |
24.17 |
| Karnataka Bank |
107.35 |
1301.94 |
131.8 |
1598.47 |
22.78 |
| Phoenix Mills |
954.8 |
1169.63 |
1161.15 |
1422.41 |
21.61 |
| NIIT |
384.25 |
742.37 |
465.85 |
905.61 |
21.24 |
| Amtek India |
147.85 |
875.27 |
177.9 |
1053.17 |
20.32 |
| NIIT Tech. |
228.6 |
883.54 |
271.3 |
1050.74 |
18.68 |
| Dabur Pharma |
61.75 |
963.92 |
73 |
1140.99 |
18.22 |
| Blue Star |
155.53 |
1398.99 |
183.7 |
1652.38 |
18.11 |
| Moser Baer (I) |
227.5 |
2536.85 |
268.05 |
2989.03 |
17.82 |
| Bombay Ryn Fash |
222.25 |
1088.58 |
261.6 |
1281.32 |
17.71 |
| United Breweries |
170.01 |
3672.22 |
199.95 |
4318.92 |
17.61 |
| Yes Bank |
107.35 |
2898.45 |
126.25 |
3408.75 |
17.61 |
| Federal-Mogul Go |
306.7 |
775.64 |
356.45 |
901.46 |
16.22 |
| ING Vysya Bank |
143.65 |
1303.19 |
165 |
1497.05 |
14.86 |
| Guj. Flourochem. |
569.45 |
3297.12 |
652.7 |
3779.13 |
14.62 |
| Subex Azure |
539.55 |
1235.03 |
618 |
2144.46 |
14.54 |
| Sintex Inds. |
209.65 |
2111.18 |
240 |
2672.4 |
14.48 |
| Nag. Constructn. |
186.93 |
3863.74 |
213.95 |
4422.35 |
14.45 |
| CRISIL |
1910.3 |
1256.98 |
2185.05 |
1477.09 |
14.38 |
| Eicher Motors |
353.15 |
992 |
402.55 |
1130.76 |
13.99 |
| Gitanjali Gems |
205.65 |
1213.34 |
234.3 |
1382.37 |
13.93 |
| J & K Bank |
477.1 |
2312.98 |
540.5 |
2620.34 |
13.29 |
| Apollo Tyres |
321.3 |
1231.86 |
363.65 |
1687.34 |
13.18 |
| Thermax |
345 |
4110.68 |
390.35 |
4651.02 |
13.14 |
| Centurion BnkP |
27.15 |
3823.53 |
30.6 |
4523.29 |
12.71 |
| CMC |
582.35 |
882.26 |
654.1 |
990.96 |
12.32 |
| Shoppers' Stop |
638.1 |
2193.79 |
716.65 |
2476.03 |
12.31 |
| Asian Hotels |
647.8 |
1476.98 |
725.4 |
1653.91 |
11.98 |
| EIH |
96.04 |
3773.65 |
106.95 |
4202.6 |
11.36 |
| Mahindra Gesco |
901.95 |
2798.75 |
1000.5 |
3704.85 |
10.93 |
| Dalmia Cement |
377.7 |
1614.67 |
418.7 |
1789.94 |
10.86 |
| India Cements |
215.85 |
4117.99 |
239.2 |
5271.25 |
10.82 |
| Polaris Software |
113.65 |
1116.5 |
125.05 |
1229.24 |
10.03 |
| United Spirits |
771.65 |
4666.17 |
844.4 |
7977.89 |
9.43 |
| Pidilite Inds. |
114.7 |
2895.03 |
125.1 |
3157.52 |
9.07 |
| Adlabs Films |
380.6 |
1514.79 |
413.1 |
1644.14 |
8.54 |
| ICI (India) |
370 |
1512.19 |
401.5 |
1640.93 |
8.51 |
| Strides Arcolab |
325.8 |
1138.67 |
349.6 |
1221.85 |
7.31 |
| 3M India |
1405 |
1583.44 |
1500.25 |
1690.78 |
6.78 |
| Guj. St.Petronet |
39.1 |
2120.16 |
41.7 |
2261.14 |
6.65 |
| CESC |
330.15 |
2717.79 |
351.8 |
2896.02 |
6.56 |
| Kalpataru Power |
905.85 |
1967.51 |
965.2 |
2557.78 |
6.55 |
| Graphite India |
296.95 |
872.44 |
316.4 |
929.58 |
6.55 |
| Voltas |
103.64 |
3429.45 |
110.05 |
3641.55 |
6.18 |
| Madras Cement |
3025.15 |
3654.38 |
3180.15 |
3841.62 |
5.12 |
| Carborundum Univ |
165.1 |
1542.03 |
172.75 |
1612.62 |
4.63 |
| Amtek Auto |
352.75 |
4234.76 |
367.05 |
4503.7 |
4.05 |
| Titan Inds . |
791.6 |
3513.91 |
818.7 |
3634.21 |
3.42 |
| Madhucon Project |
355.3 |
1318.16 |
367.45 |
1355.89 |
3.42 |
| Welspun Guj.Stah |
89.2 |
1149.25 |
92.05 |
1220.58 |
3.20 |
| Geodesic Inform. |
200.15 |
1173.88 |
204.65 |
1201.3 |
2.25 |
| Sundaram Clayton |
1175 |
2228.98 |
1198.35 |
2273.27 |
1.99 |
| HCL Infosystems |
166 |
2799.59 |
169.25 |
2856.09 |
1.96 |
| Federal Bank |
219.95 |
1882.77 |
223 |
1908.88 |
1.39 |
| J K Cements Ltd |
188.4 |
1317.48 |
190.2 |
1330.07 |
0.96 |
| Gillette India |
883.65 |
2879.82 |
891.1 |
2904.09 |
0.84 |
| Dishman Pharm |
229.45 |
1575.17 |
231.05 |
1591.93 |
0.70 |
| Ingersoll-Rand |
362.8 |
1145.36 |
365 |
1152.31 |
0.61 |
| Opto Circuits(I) |
321.05 |
1978.31 |
322.85 |
1989.4 |
0.56 |
| Rolta India |
251.25 |
2007.99 |
252.1 |
2014.78 |
0.34 |
| Marico |
539.7 |
3130.26 |
541.35 |
3139.83 |
0.31 |
| Mkt Cap in Rs Cr, Close Price in Rs (Source: CLinePlus) |
For the extent of crash of these stocks, check Page 2