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Scrip Return (YTD) % Price-to-Earnings Ratio Price-to Book Ratio Dividend Yield (%) Dena Bank 123 4.2 0.9 2.73 Syndicate Bank 78 4.8 0.9 3.1 Orient Bank of Commerce (OBC) 65 7.2 0.9 2.4 United Commercial Bank (UCO) 56 4.7 0.8 4.1 United  Bank of India  47 3.6 0.6 3.5 Bank of Maharashtra (BOM) 42 6.4 0.9 3.9 Andhra Bank 35 4.6 0.8 5.1 Union Bank of India (UBI) 35 6.4 1 3.4 Industrial Development Bank (IDBI) 33 6.6 0.8 3.3 State Bank of Mysore 33 6.5 0.8 1.7 State Bank of India (SBI) 31 9.8 1.7 1.6 State Bank of Bikaner & Jaipur 29 3.7 0.7 3.6 Vijaya Bank 25 5.3 0.75 4.4 Canara Bank 21 6.5 1 2.4 Corporation Bank 19 4 0.7 4.96 Allahabad Bank 18 4.1 0.7 4.3 Cenral Bank of India 15 8.3 0.6 2.6 State Bank of Travancore (SBT) 14 4.5 0.7 3.5 Bank of Baroda (BOB) 11 5

NSE, National Stock Exchange, the country's premier stock exchange, has launched three new indices - the CNX Alpha Index, the CNX High Beta Index and the CNX Low Volatility Index. These are strategic indices, which are designed on the basis of quantitative models / investment strategies to provide a single value for the aggregate performance of a number of companies. The companies must rank within the top 300 companies by average free-float market capitalization and aggregate turnover for the last six months.     CNX Alpha Index: CNX Alpha index aims to measure the performance of securities listed on NSE with high Alphas, which are measured on the basis of their risk-adjusted value. Weights of securities in the index are assigned based on the alpha values. Security with highest alpha in the index gets highest weight.   CNX High Beta Index: CNX High Beta Index aims to measure the performance of the stocks listed on NSE that h ave High Beta. Beta can be referred to as a measure of

Tara Jewels Ltd IPO  Subscription status as on 23/11/2012 Overall 1.98 times  Issue Subscription QIB (Qualified Institutional Investors ): 1.49 times Subscription  NII (Non Institutional Investors): 3.1 times Subscription RII (Retail Institutional Investors): 2.05 times Subscription Tara Jewels Ltd IPO  Subscription status as on 22/11/2012 Overall 16%  Issue Subscription QIB (Qualified Institutional Investors ): 0 Subscription  NII (Non Institutional Investors): 0 Subscription RII (Retail Institutional Investors): 40% Subscription Tara Jewels Ltd IPO  Subscription status as on 21/11/2012 Overall 4%  Issue Subscription QIB (Qualified Institutional Investors ): 0 Subscription  NII (Non Institutional Investors): 0 Subscription RII (Retail Institutional Investors): 4% Subscription

Issue Highlights Issue Period 21/11/12-23/11/12 Price Band Rs. 225-230 Face Value Rs. 10 Lot Size 50 Issue Type 100 % Book Building Industry Gems & Jewellery Listing BSE,NSE Registrar Link Intime India Issue size Rs. 179.5 crore Maximum Retail Subscription Limit Rs.  1,95,500 (17 Lots) Issue Details Offer for sale: of Rs. 70 crore by Fabrikant HK Trading Ltd. Fresh equity: Rs. 109.5 crore Industry Analysis India is the largest consumer of gold in the world importing 970 tonnes of gold in the financial year 2011 and 95 % of this gold found its way into jewellery manufacturing. India is also a  leading diamond processing nation with a market share of 60 % in value terms (and 90 %  in volume terms).India with its low-cost skilled labour force having expertise in  jewellery manufacturing and diamond processing-cutting, polishing and setting-qualifies for the leadership position in gold & di

We often need to find tickers having  similar key worlds like 'holding', 'infra' etc in our Amibroker databases. For this a very simple AFL code can be used. Write your keyword (keyword INFRA being the default) in the 'Parameters' field  of the Automatic Analysis window s trictly in capital letters  else you shall not get any results. keyword=ParamStr("Keyword in Capitals","INFRA");//use Capital Letters only  //enter the string/keyword  which you want to search in tickers if(StrFind(Name(),keyword)) Filter=1; AddColumn(C,"c",1.2); AddColumn(Status("StockNum"),"no",1); AFL displaying tickers with 'OIL' keyword   

Since last Diwali following stocks managed to deliver awesome returns while benchmark indices fetched investors a meager returns  in the 8-10 % range. Scrip Return % Sector Goenka Diamonds 661 Gems & Jewellery Wockhardt Pharma 278 Pharma JK Laxmi Cement 228 Cement Vakrangee Software 213 Software JK Cement 194 Cement Vaibhav Gems 180 Gems & Jewellery Heritage Foods 163 Food Processing Amar Raja Batteries 148 Auto Ancillaries VGuard 128 Electricals Shree Cement 128 Cement Ajanta Pharma 125 Pharama Geometric Software 124 Software Atul 123 Speciality Chemical Dishman Pharma 123 Pharma helios & Matheson IT 123 Software 20 Microns 117 Minerals Zicom Security Systems 115 Security Systems MCDowell No. 1 114 Liquor & Spirits Madras Cement 114 Cement

A couple of days back, I had written an AFL required by a boarder of a forum I frequent which marked highest/lowest close on a chart by placing a hollow colored rectangle near the close price and printed highest/lowest close value on the stock chart. We are often required  to ascertain the highest/lowest value for a  a period and this AFL caters this need. We get highest/lowest price bars without actually straining our brain especially in a candlestick chart. One can change the period as per his requirement while 7 being the default value. Desired AFL is as follows: prd=Param("Period",7,5,5000,1); Hv=LastValue(HHV(C,prd));Lv=LastValue(LLV(C,prd)); t1=H*1.01;t2=L*.998; bi=BarIndex(); Lb=LastValue(bi); Hbi=LastValue(ValueWhen(C==Hv,bi)); ph=LastValue(ValueWhen(bi==Hbi,H))*1.01; Lbi=LastValue(ValueWhen(C==LV,bi)); PlotShapes(IIf(bi==hbi ,shapeHollowSquare,shapeNone),colorTurquoise,0,t1); PlotShapes(IIf(bi==lbi ,shapeHollowSquare,shapeNone),colorDarkYellow,0,t2); dch=LastValue(Va

Vijay Malllya led United Spirits (USL), the largest Indian liquor company; saw its shares wildly spurting on the bourses today.   USL shares rose following the declaration of the deal-price of Rs. 1,440 at which Diageo-the UK based liquor major famous for its iconic liquor brand Johnnie walker - will buy 27.4 % stake in the USL. As per the regulations, Diageo shall have to bring an open offer to buy 26 % shares from public shareholders. USL saw a stupendous rally of 34.7 % in its share price and at the end of the day USL share managed to close at Rs. 1832.95 on the National Stock Exchange. Funds mobilized by the USL shall help the company to pare its piling debt while Diageo shall be benefited with the USL's distribution channel to promote its own brands.  Rally in the USL cascaded into other liquor shares like Radico Khaitan, Global Spirits etc which also soared 5-6 % while anothe brewery stock GM Brewery soared 20 %.

Rakesh Jhunjhunwala, the legendary Indian billionaire investor known for his his expertise in value investing  saw some  of his stocks beating  the returns given by the NSE benchmark index Nifty while rest of stocks under performed and  a few even gave the negative returns since last Diwali to this Diwali. RK is a long term investor and does not get perturbed when his shares perform unfavorably  for a year or two. Ticker                  LTP       Return % GEOMETRIC 103 122 AUTOIND 167 52 TITAN 294 36 KARURVYSYA 471 25 LUPIN 585 21 GEOJITBNPP 22 20 PANTALOONR 198 8 ATFL 428 8 CRISIL 930 7 RALLIS 157 -4 PIPAVAVDOC 82 -5 VICEROY 25 -8 HINDOILEXP 98 -10 PFOCUS 48 -14 NCC 41 -23 DELTACORP 74 -24 RBN 43 -33 ALPHAGEO 55 -34 ORCHIDCHEM 103 -35 PRAJIND 46 -44 VIPIND 78 -54 SUBEX 14 -66 A2ZMES 60 -67