Dirt cheap stocks that have outperformed the Sensex

Rayban Sun BSE | NSE 01/01/70 Are Mutual Funds betting on Rayban Sun? Other Stocks in this news Hindustan Motors | Motherson Sumi Systems | Nagarjuna Fertilisers and Chemicals | Indo Rama Synthetics (India) | HeidelbergCement India | Sona Koyo Steering Systems | IndusInd Bank | Ugar Sugar Works | Syndicate Bank | South Indian Bank | Ashok Leyland | Bank of Rajasthan | Trident | Welspun India | Vijaya Bank | Allahabad Bank | UCO Bank | Andhra Bank | Bank of Maharashtra | Dena Bank | Yes Bank | Simbhaoli Sugars | Tata Teleservices (Maharashtra) | Reliance Natural Resources |

There are 169 companies in BSE 500 that have surpassed the Sensex's gain of 3.09% in the period between September 15 and Septemeber 28, 2006. On Septemebr 15, the Sensex managed to close above the psychological level of 12000 points,  first time since its fall from the grace on May 11, 2006.  Interestingly, 31 stocks available for less than Rs 100 have outperformed the Sensex and in that 11 are banking stocks.  Dena Bank, Vijaya Bank, Bank of Maharashtra, Yes Bank, Bank of Rajasthan, Allahabad Bank, IndusInd Bank etc all have done better than the Sensex in the period under consideration. 

Of the remaining stocks that have underperformed the Sensex during the period under consideration, 105 have gained less than than Sensex's 3.09% but have still managed to give positive return.

Below is the list of stocks that are trading below Rs 100 and yet have given higher returns than the Sensex during the September 15-28, 2006 period.

 

Co_Name	Close Price As On		G/L (%)
	15/09/06	28/09/06
Abhishek Ind	22.25	26.25	17.6
Dena Bank	28.65	33.7	15.3
UCO Bank	19.9	22.95	14
Sona Koyo Steer	53.65	61.15	13.7
Syndicate Bank	76.4	86.9	13.3
Sonata Software	28.95	32.8	11.1
Tele Data Info	12.04	13.38	10.6
Vijaya Bank	51.9	57.4	10.3
Simbhaoli Sug	72.15	79.6	9.7
Bank of Raj	38.15	41.85	8.55
Bank of Mah	28.65	31.1	8.43
Himachal Futuris	25.5	27.65	8.38
Allahabad Bank	81.1	87.9	7.91
IndusInd Bank	44.25	47.75	7.69
Mawana Sugars	74.8	80.55	7.47
Kirl Electric	83.65	89.9	6.79
Andhra Bank	89.15	95.2	6.07
Motherson Sumi	89.8	95.25	5.68
Nag Fert	11.79	12.46	5.38
Ashok Leyland	41.85	44.1	5.29
Ugar Sugar Works	19.85	20.9	4.97
South Ind Bk	66.35	69.65	4.94
Infra Dev Fin	61.75	64.8	4.94
Welspun India	94.2	98.85	4.85
Indo Rama Syn	57.75	60.55	4.66
Mysore Cement	52.6	55.05	4.49
Yes Bank	88.05	92	4.2
Hind Motors	39.3	40.95	4.13
Reliance Natural	21.8	22.7	3.97
Tata Teleservice	18.9	19.65	3.22
Rayban Sun	82.25	84.9	3.15

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

List of BSE 500 cos that have outperformed the Sensex: On Pg 2

List of BSE 500 Cos that have underperformed the Sensex: On Pg 3