Top 4 gainers in the month of Dec 2009
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Tata Elxsi
The company is engaged in hardware and software development, industrial design and mechanical engineering, 3D animation, visual effects and systems integration. Its share price surged 53.89% in Dec.2009 and stood at Rs 258.3 as on Dec.31, 2009 as against Rs 167.85 on Nov.30, 2009.
Sector - IT Software
Market Cap - Rs 8,019.65 million
Price Earning ratio (P/E) - 14.50
Price to Book value ratio (P/BV) - 9.47
Bharati Shipyard
Bharati Shipyard a private sector Indian shipyard soared 46.76% in Dec.2009 and stood at Rs 231.15 on Dec.31, 2009 as against Rs 157.5 on Nov.30, 2009.It is engaged in design and construction of various types of sea-going, coastal, harbor and inland crafts and vessels.
Foreign fund house Credit Suisse (Singapore) bought about 1.11% stake in Bharati Shipyard for nearly Rs 70 million in December, 2009.
Sector - Shipping
Market Cap - Rs 6,736.56 million
Price Earning ratio (P/E) - 4.90
Price to Book value ratio (P/BV) - 2.34
Titagarh Wagons
Titagarh Wagons one of the leading private sector wagon manufacturers in India, jumped 41.30% in Dec 2009, its share price stood at Rs 443.05 on Dec.31, 2009 as against Rs 313.55 on Nov.30, 2009. It manufactures a wide range of wagons including hopper, covered, open top, container flat, tank, flat and special purpose wagons, etc.
Railway stocks were up 5-20% on hopes of revival of dedicated railway freight corridor, Titagarh Wagons witnessed 17% on Dec.30,2009. Also, the merger ratio between Titagarh Wagons and Titagarh Steel got fixed at 1:36, these factors lead to rise in stock prices.
Sector - Vehicles
Market Cap - Rs 7,913.51 million
Price Earning ratio (P/E) -13.07
Havells India
Havells India,one of the largest electrical and power distribution equipment manufacturer witnessed a rise of 40.52% in Dec 2009, its share price stood at Rs 516.2 on Dec.31, 2009 as against Rs 367.35 on Nov.30, 2009.
Its product range includes industrial and domestic circuit protection switchgear, cables and wires, motors, covering the entire gamut of household, commercial and industrial electrical needs.
Havells India announced in December that its unit Sylvenia, will turn positive in terms of EBIDTA, it is spending 40 million euros on restructuring Sylvania and the company would be able to reduce fixed cost by the same amount.
Sector - Other Elect. Equip / Prod.
Market Cap - Rs 32,310.43million
Price Earning ratio (P/E) - 19.74
Price to Book value ratio (P/BV) - 11.01
Stock Updates
(updated - 11 Jan 2010)