Sectors that have pending buy orders

Today market saw pending buy orders in construction, textiles and tea stocks. These stocks were locked on the upper circuit and have a huge demand following. This demand can follow tomorrow, leading to a further rise in their stock prices and get you good returns tomorrow.

 

In these sectors stocks like Jayshree Tea , Apeejay Tea , Asian Tea Expo , JK Synthetics , Chettinad Cement , Patel Engineering , Morarjee Realties , Ansal properties , Vijay Shanthi , Ruby Mills , Dawn Mills , Victoria Mills , Swan Mills all have pending buy orders.

 

Company	QTY Bid	Last Price	Diff	%change
JK LakshmiCemen	77609	162.35	27.05	19.99
Chetinad Cem	297	554.70	26.40	5.00
Jayshree Tea	13812	197.80	17.95	9.98
Apeejay Tea	1600	134.60	6.40	4.99
Patel Eng	5942	550.50	50.00	9.99
Morarjee Realti	5639	821.40	39.10	5.00
Ansal Propertie	28561	853.70	40.62	5.00
Malwa Cotton	43091	213.00	35.50	20.00
Ruby Mills	1031	354.85	32.25	10.00
Dawn Mills	4529	10,481.55	499.10	5.00
Victoria Mills	83	2,690.10	128.10	5.00
Swan Mills	925	1,363.30	64.90	5.00
Surat Textile	7800	4.98	0.23	4.84

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Tea stocks have been rising as Indian tea companies have been beefing up their export figures, as there has been a crop failure in Kenya. India is the world's largest tea producer followed by China. India is also seeing good export numbers coming from countries like Pakistan, Iran, Iraq, and Russia.

 

Market experts say that the tea sector will see a consolidation after which they can again expect an upsurge.

 

Company name(cement)	Bid Qty	Last price	Diff	% change
JK Synthetics	185880	6.36	1.06	20.00
JK Lakshmi Cement	77609	162.35	27.05	19.99
Chettinad Cement	297	554.70	26.40	5.00
Vinay Cement L	14465	11.58	0.55	4.99
Garuda Clays	50	8.40	0.71	9.23

 

 

 

 

 

 

 

 

Deven Choksey of KR Choksey Securities, said, "There is an upside in the entire commodity space. There are no other issues with tea. The Kenyan crop issue was the main reason why prices have surged. However, I feel this run up is temporary because no fresh figures have emerged from this space. Tea stocks seem to be momentum driven, these are momentum plays and we are not sure about going fresh into them.

 

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