It has gained about 18% till January 7 and from January 7 when the fall started, it has lost half of its gains - over 10% gains have been lost in the process. The run is not secular all across the stocks there are about three varieties of stocks.
The first variety is the kind of stocks, which have fallen even during the time of the run and have also fallen during the time of the fall.
For instance, Kirti Industries has lost about 16% from December 21 till the January 7 and it has lost about 27% from January 7 till date; and this is in fact at the back of strong result. The net profit was about 472%, the net sales was 60%.
The list of stocks such as Geefcee Finance, Advani Hotels, GSFC and other stocks have lost in both the run as well as the fall - so these are the stocks which look the most weakest.
But if one looks at the other stocks like GV Films, IKF -these have traced the BSE smallcap stock. They have gained anywhere between 42 to 75%, but they have lost over 25% during the process. The stocks like Kohinoor Broad, Punjab Alkalies, Tamil Nadu Petro - these are the kinds of stocks which have traced the smallcap.
While this is happening with these two list of stocks, the third list is of stocks which has been strong both during the run as well as the fall. The stocks like HCL Manufacturing - this has a good result and the acquisition has gone up well with the markets. It was up 42% during the run of the smallcap indices and has gained about 46% in the last ten days and so is the case of Tricom India - it has gained about 12% in the last 10 days. Usher Agro, Vas Infrastructure, Gayatri Projects these are some of the stocks, which have had a good run and looked strong in the market as of now.
SMALL CAP WEAKNESS
Stocks (%) Dec 21-Jan 7 Jan 7-17
Kriti Industries -16 -27
Geefcee Finance -12 -12
Advani Hotels -8 -13
GSFC -7 -18
Intellvisions Software -5 -16
Ray Ban Sun Optics -5 -14
SMALL CAP WATCH
Stocks (%) Dec 21-Jan 7 Jan 7-17
GV Films 46 -26
IKF Tech 75 -29
Kohinoor Broad 56 -24
Punjab Alkalies 56 -29
Tamilnadu Petro 48 -27
K Sera Sera 37 -23
Mysore Paper 40 -29
Mro-Tek 60 -22
SMALL CAP WATCH
Stocks (%) Dec 21-Jan 7 Jan 7-17
SEL Manufacturing 42 46
Tricom India 80 12
Usher Agro 48 22
Vas Infrastructure 32 57
Gayatri Projects 22 13
Radhe Developers 62 47
Quintegra Solutions 48 21
