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Rediff.com  » Business » 216 stocks scale all-time highs since Nov 1

216 stocks scale all-time highs since Nov 1

By BS Research Bureau in Mumbai
December 05, 2003 14:26 IST
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The current rally on the bourses has seen nearly 216 stocks soaring to their all-time highs between November 1 and December 3.

Of these, 52 are from the A group, 99 from the B1 group, 43 from the B group and 22 are from the Z group.

Bajaj Auto, BHEL, BSES, Dr Reddy's Laboratories, Grasim Industries, HDFC, HDFC Bank, Hindalco, ICICI Bank, Ranbaxy Labs, Reliance Industries and Tata Steel are the Sensex stocks which hit all-time highs in the period.

Bajaj Auto's share price touched an all time high at Rs 1,023 on December 3, but closed at Rs 1017.45 at the end of the day's trading.

HDFC surged to a high at Rs 575 on December 1, while HDFC Bank's peaked at Rs 330.60 on December 3. Another private bank ICICI Bank's stock also touched a all-time high of Rs 290.50.

On December 3, Hindalco's share rose to Rs 1326, while Ranbaxy Laboratories climbed up at Rs 1089.85, Reliance Industries to 505.50 and Tata Steel to Rs 390.

Non-Sensex stocks in the A group to touch all-time highs include Alfa Laval (Rs 519.50), Ashok Leyland (Rs 271), Bharat Electronics (Rs 560.75), Bharat Forge (Rs 664.75), Cadila Healthcare (Rs 409.35), D-Link India (Rs 199.90), G E Shipping (Rs 145.50), GMDC (Rs 203.85), Hindustan Inks & Resins (Rs 503), i-flex solutions (Rs 839), ING Vysya Bank (Rs 530), IPCL (Rs 221), J B Chemicals (Rs 362.30), Lupin (Rs 749), Maruti Udyog (Rs 363.90), MICO (Rs 13802.85), National Aluminium (Rs 174), Shipping Corporation (Rs 174.90), Siemens (Rs 903), Sterlite Industries (Rs 1630), Sun Pharma (Rs 630), TVS Motor (Rs 995), UTI Bank (Rs 114.10) and Vijaya Bank (Rs 40.40).

A sectoral classification shows that, out of the 216 stocks at all time highs, 17 are from the pharmaceuticals industry, 13 from non-banking finance companies, 10 each from auto ancillaries and banks, nine from information technology, seven from chemicals and six are diversified company stocks.

Among Z group stocks, the major entries include Amzel Automotive (Rs 108.90), Bombay Potterie (Rs 240), Guj Auto Gears (Rs 60.45), Herbertsons (Rs 84.30), Kirti Finvest (Rs 40.65), Mac Charles (Rs 60.55), NMDC (Rs 345.95), VBC Ferro Alloys (Rs 62.65) and Vybra Automotive (Rs 20.25).

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