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Wednesday, December 20, 2006

Stock market ka filmy funda

he year 2006 would go down in history as the year that saw impossible dramatic moments like milestones being added at lightening speed, and draggers & achievers being churned out simultaneously at every dip. Simply put, the year had all the masala to make a blockbuster. Moneycontrol Research gets behind the scenes in its annual analysis of stocks and compare them to the most talked about bollywood releases of the year. It awards those which made a significant impact and derides those which failed miserably at the box office..err stock exchanges.

Dhoom-Stocks that took markets by storm:
GMR Infra & Tech Mahindra: Since the announcement of Budget 2006-07, infrastructure and real-estate stocks became the most sought after. Both these stocks experienced great debuts. Tech Mahindra's IPO was oversubscribed by 70.15 times, while GMR’s was oversubscribed by 6.52 times. However, the retail category for both the IPOs was heavily undersubscribed.

Info Edge: This IPO got a massive response although it did not belong to real estate genre. The issue was oversubscribed by 54.76 and saw an overwhelming response in the Qualified Institutional Buyers (QIB) portion, especially from Foreign Institutional Investors (FIIs).

Parsvnath Developers: This was the last one to take the markets by storm.
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