Some stocks have had a great run in 2009. They have attracted traders and investors for the year round. CNBC-TV18’s Varinder Bansal reports,
These stocks are only punters delight – the way they have moved for the entire year with gains of anywhere between 2,000%. The marketcap of these stocks are well above most of the stocks we talk on the channel.
Kwality Dairy: Biggest winner of 2009?
Kwality Diary, a company with a market cap of Rs 2,000 crore, has gained nearly 2,000% in 2009. Looking at the one-year chart, the stock was at a price of Rs 5.5. It went to as high as Rs 1,360 and then there was a stock spilt from 10 to 1 and now the stock is trading around Rs 100.
On the financials front, FY09 the profit after tax (PAT) of this company was around Rs 10 crore and FY08 the PAT was nearly Rs 4.5 crore. So the company with market cap of Rs 2,000 crore is having a PAT of nearly Rs 10 crore.
The promoter holding in this company is interesting with four promoters and 32 individuals together hold nearly 93.5% stake in the security. The free float in the company is very less and that is why most of the stocks tend to react because of cornered shares in the public. Also, the existing promoters of this company bought this company in 2003 at the price of only Rs 3 crore and now see the way the stock has moved up. The company is only engaged in the diary business.
Gee Kay Finance and Leasing Co: Another trader’s delight?
This company has a market cap of nearly Rs 4,000 crore, which is even higher than IndusInd bank or Dena Bank or most of the PSU banks. The stock has gained nearly 1,800% and again in this case we have seen there was a stock split in the month of December and the stock started with a price of nearly Rs 4 and went to as high as Rs 560 and now after the stock split is trading at around Rs 80.
The volumes have been good in this stock. In the last 4 years for this company there is no profit for this company. The PAT of 2009 there was a loss of Rs 29 lakh and 2008 it was a loss of nearly Rs 4 lakh.
Promoter holding will be very interesting because the promoter holding in this company is only 0.5% and there are 26 individuals who hold nearly 90.86% equity in this company. So again you have distorted equity, which is spread only in 26-27 people and the rest 7-8% is with the public.
These are the few cases where you have seen huge gains but this is all punters delight, no fundamentals which are attached to both the shares.
Other outperformers of 2009:
| Company | Dec 31, '08 | 2009 Chg |
| Auro Pharma | Rs 168 | 429% |
| Mcleod Russel | Rs 49 | 427% |
| JSW Holdings | Rs 301 | 427% |
| Hexaware Tech | Rs 21 | 348% |
| Orbit Corp | Rs 62 | 339% |
| Uttam Galva | Rs 27 | 334% |
| Polaris Software | Rs 43 | 326% |
| HOEC | Rs 66 | 312% |
| Havells India | Rs 122 | 309% |
| Jindal Saw | Rs 44 | 307% |
| Deccan Chron | Rs 44 | 247% |
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Thirteen year-end lists you have to read
This is a list of lists. Dedicated to all obsessive list makers and readers
1. Time Magazine — Person of the Year:
The tradition of selecting a Man of the Year began in 1927, with Time’s editors contemplating newsworthy stories possible during a slow week. It was also an attempt to remedy the editorial embarrassment earlier that year for not having aviator Charles Lindbergh on its cover following his historic trans-Atlantic flight. While the designation is usually regarded as an honour, previous awardees include Hitler and Stalin. This year, the list of candidates is fairly controversial, and includes Iranian protestors and Somali pirates.
2. Vanity Fair — Year in Pictures:
Vanity Fair images are often as important as the story — sometimes the images are the story. This list is a summation of the most iconic images to appear in the magazine in 2009. Past pictorials include the controversial, such as David LaChapelle’s with actor Mike Meyers dressed as a Hindu deity, and the heart-wrenching, like James Nachtwey’s images of Vietnamese children disfigured by Agent Orange.
3. BBC — Sound of 2010:
The list is designed to find the best up-and-coming musical acts for the coming year. More than 130 of UK’s leading music critics and broadcasters name their favourite new acts and finally a long-list of 15 is prepared .
4. GUARDIAN — Books of the year:
The Guardian’s guide to the Best Books of 2009 isn’t your usual, monotonous roundup of the best pickings. The British daily has asked leading figures in the arts to pick their books of the year, from novelist Nick Hornby, to fashion favourite Vivienne Westwood and even film director Sam Mendes. Definitely check out this list and enjoy choosing from a host of opinions. The only blot on file would be politician David Cameron’s choice of political diaries…can you say predictable?
5. New York Times — Annual Year in Ideas:
This series from The New York Times Magazine is a digest of ideas that helped make each year, for better or worse, what it was. The ideas are not necessarily good ideas or even the most popular. They’re only alphabetically ordered. But they are ingenious, inspired, perplexing and some even outright illegal — a fresh selection of intellectual sushi. Enjoy.
6. Amazon — Best of 2009 Books:
Amazon, the pioneering online bookseller, has two main lists out: The top 100 picks by their editors, and what sold most. The editors’ top pick is called Let the Great World Spin. Readers chose Dan Brown’s The Lost Symbol. There are also sub-lists by genre, so you can just go check out what interests you.
7. Roger Ebert’s Movie Yearbook 2009:
Roger Ebert is an American film critic and screenwriter. He is known for his film review column (appearing in the Chicago Sun-Times since 1967, and later online) and his reviews are syndicated to more than 200 newspapers in the US and worldwide. In 1975, Ebert became the first film critic to win a Pulitzer Prize for Criticism. We recommend a copy of his annual movie yearbook which is predominately a collection of his reviews of that year. The heavy use of mocking sarcasm, dry wit and shocking candour makes it one of the most irresistible ways to lay 2009 to rest!
8. Esquire — 30 Women We’ve Loved in 2009:
This one’s for the boys. Esquire, the original men’s magazine, was founded in the United States in 1932 as a reaction to the tyranny of women’s magazines during that time. And from its very first issue, there has always been an appreciation of women. The list is a recap beyond the Sexiest Woman Alive, and is accompanied by great photos of the great women of today. This year’s fab 30 include Candice Swaponoel, the new face of Victoria’s Secret, Italian beauties, an SNL favourite and a carpenter with an inventive use for walnuts!
9. The Economist — The World In 2010:
The World in 2010 is the 24th edition of The Economist’s annual collection of predictions for the year ahead — with views from journalists, politicians and business people. The edition will be sold in 90 countries and translated into around 20 languages. So what are some of the forecasts for 2010? The World in 2010 predicts regime change for the UK, with a clear Conservative majority. Gordon Brown, are you listening?
10. Time Magazine — Top Ten Everything of 2010:
The Mother of all year-end lists! Time magazine’s amalgamation of all the Top Ten’s of 2009, from the year’s best (or rather, worst) political gaffes, fashion faux paus, iPhone Apps, and even medical breakthroughs. Chart the highs and lows of 2009 from these 50 wide ranging lists.
11. Foreign Policy’s Top 100 Global Thinkers:
From this year’s Nobel Peace Prize winner, to the brains behind Iran’s Green Revolution, Climate Change’s messiah Dr. Rajendra Pachauri and Nouriel Roubini, the economic Cassandra who actually did have a crystal ball — they had the big ideas that shaped our world in 2009. Read the list to see the 100 minds that mattered most in the year that was.
12. Lonely Planet’s Best in Travel 2010:
Considering where to go in the coming year? Lonely Planet’s guidebook presents the top 10 countries, regions, and cities to visit in 2010, chosen by Lonely Planet’s global team. Expect old favourites, like New Zealand, chosen because of its spectacular landscapes, proud Maori culture and fine food and drink. Also mentioned are the obscure, like Fernando de which had only 9,000 foreign visitors last year.
13. Time Magazine — 50 Best Web sites of 2009:
Clear out your bookmarks. You’re going to need the space for Time magazine’s roundup of 2009’s 50 offerings that are indispensable to navigating, shopping or just killing time on the Web. It’s a tough choice between Flickr, Twitter and YouTube.
(Compiled by: Shloka Nath, Charles Assisi, Saumya Roy, S. Srinivasan)
By: Shloka Nath/Forbes India
More from Forbes India
Src: moneycontrol.com
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