In spite of the subdued performance of the stock markets this week, investors were still able to generate good profits from stocks. The following stocks ruled this week:
Blue Dart Express Ltd– The Stock opened @ 4326 and closed around 4636 yielding a profit of around 7.3% from this stock. Looks like it too has given a breakout and may rise in the weeks to come. There’s a good chance to buy it around the current price with a stop loss @ 4450. This stock has yielded a profit of 13% plus in the past two consecutive weeks. I am sure that the market experts will soon start recommending a buy call on this share.
Blue Dart Express Ltd. is engaged in the business of integrated air and ground transportation and distribution of time sensitive packages to various destinations, primarily within India.
Bombay Dyeing and Manufacturing Company Limited – The Stock opened around 232 and closed around 267 yielding a profit of around 16% from this stock. In the past 4 weeks, this stock has yielded 43% profits. Ashwani Gujral has a buy recommendation on this stock.
Bombay Dyeing and Manufacturing Company Limited is engaged in finishing of cotton and blended cotton textiles; manufacturing of bedding, quilts, pillows and sleeping bags; real estate activities, and manufacturing of Polyester Staple Fiber (PSF).
Bombay Rayon Fashion Ltd – It has given a near 10% rise this week. It had given an 8% rise in the last week as well. In the past four weeks, it has given around 66% rise. Bombay Rayon Fashions have opened its 20th Exclusive Brand Store of LinenVogue in the recent past.
Bombay Rayon Fashions Limited is a textile company. The Company is engaged in the manufacturing of a range of fabrics and garments.
Honeywell Automation Limited – The Stock opened @ 17175 and closed around 19765 with a high of near 22000. The profit from this stock was around 15% in this week.
Honeywell Automation India Limited is engaged in the manufacture of electronic systems and components; repair and maintenance, and trading of machinery, equipment, and supplies. The Company operates through the Automation & Control Systems segment.
Mahindra and Mahindra Ltd – The Stock opened @ 1396 and closed around 1484 yielding a profit of around 6.3% from this stock. Looks like it too has given a breakout and may rise in the weeks to come. There’s a good chance to buy it around the current price with a stop loss @ 1430. I am sure that the market experts will soon start recommending a buy call on this share.
Mahindra and Mahindra Limited is engaged in the manufacturing of passenger cars, commercial vehicles, and tractors.
TNPL – The stock opened for the week @ 387 and Closed @ 437, giving the holders of the stock around 13% ROI. It is showing a breakout on a weekly level and seems like it will be going up henceforth, with a stop loss of 385.
Tamil Nadu Newsprint and Papers Limited is engaged in producing newsprint, and printing and writing paper.