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prK LIST OF APPENDICES i 'A - Category' Stocks Page 273 ii Eligible Companies 277 iii S&P CNX Industry Classification 281 iv Industries Covered by Population 283 v Industries Covered by Eligible Firms 284 vi Industries Covered by Sample Firms 285 vii Sample Firms with Respective Industry 288 viii Sensex Firms 292 ix Nifty Firms 293 x Results of 'A - Category' Stocks using Regression Model 294 xi Results of Sensex Stocks using Probabilistic Growth Model 298 xii Results of Sensex Stocks using Probabilistic Growth Model (Second Period) (First Period) 299 271
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Page 1: prK - Shodhgangashodhganga.inflibnet.ac.in/bitstream/10603/12549/11/11...30 BHARAT HEAVY ELECTRICALS LTD. ELECTRICAL EQUIPMENTS 31 BHARAT PETROLEUM CORPORATION LTD. REFINERIES 32 BHARTI

prK

LIST OF APPENDICES

i 'A - Category' Stocks

Page

273

ii Eligible Companies

277

iii S&P CNX Industry Classification 281

iv Industries Covered by Population 283

v Industries Covered by Eligible Firms 284

vi Industries Covered by Sample Firms 285

vii Sample Firms with Respective Industry 288

viii Sensex Firms 292

ix Nifty Firms 293

x Results of 'A - Category' Stocks using Regression Model 294

xi Results of Sensex Stocks using Probabilistic Growth Model 298

xii Results of Sensex Stocks using Probabilistic Growth Model (Second Period)

(First Period)

299

271

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xiii Results of Sensex Stocks using Probabilistic Growth Model (Third Period)

xiv Results of Sensex Stocks using Probabilistic Growth Model (Fourth Period) -

xv Results of Nifty Stocks using Probabilistic Growth Model (First Period)

xvi Results of Nifty Stocks using Probabilistic Growth Model (Second Period)

xvii Results of Nifty Stocks using Probabilistic Growth Model (Third Period)

xviii Results of Nifty Stocks using Probabilistic Growth Model (Fourth Period)

xix Results of 'A - Category' Stocks using Probabilistic Growth Model

xx Results of Sensex Stocks using ANN Model (Selective Probes) 315

xxi Results of Sensex Stocks using ANN Model (All Probes)

316

xxii Results of 'A - Category' Stocks using ANN Model

317

xxiii Comparative Summary of Results Using Different Tools

322

300

301

302

304

306

308

310

• + • + + • +

272

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Appendix i 'A - Category' Stocks

SR.NO, ' NAME CATEGORY 1 ABB LTD ELECTRICAL EQUIPMENTS 2 ABBOTT INDIA LTD. PHARMACEUTICALS 3 ACC LTD . CEMENT & CEMENT PRODUCTS 4 ADANI ENTERPRISES LTD. TRADING 5 ADITYA BIRLA NUVO LTD. TEXTILES - SYNTHETIC 6 ALFA LAVAL (INDIA) LTD. ENGINEERING 7 ALLAHABAD BANK BANKING 8 ALOK INDUSTRIES LTD. TEXTILES - SYNTHETIC 9 ALSTOM PROJECTS INDIA LTD. POWER

10 AMBUJA CEMENTS LTD. CEMENT & CEMENT PRODUCTS 11 ANDHRA BANK BANKING 12 APOLLO HOSPITALS ENTERPRISES LTD. HEALTH CARE 13 APOLLO TYRES LTD. TYRES 14 ARVIND MILLS LTD. TEXTILE PRODUCTS 15 ASAHI INDIA GLASS LTD. AUTO ANCILLARIES 16 ASHOK LEYLAND LTD. AUTOMOBILES - 4 17 ASIAN PAINTS LTD. PAINTS 18 AUROBINDO PHARMA LTD. PHARMACEUTICALS 19 AVENTIS PHARMA LTD. PHARMACEUTICALS 20 AXIS BANK LTD. BANKING 21 BAJAJ AUTO LTD. AUTOMOBILES - 2/3 22 BALAJI TELEFILMS LTD. MEDIA 23 BALLARPUR INDUSTRIES LTD. PAPER & PAPER PRODUCTS 24 BANK OF BARODA BANKING 25 BANK OF INDIA BANKING 26 BASF INDIA LTD. CHEMICALS - SPECIALITY 27 BHARAT EARTH MOVERS LTD. ENGINEERING 28 BHARAT ELECTRICALS LIMITED ELECTRICAL EQUIPMENTS 29 BHARAT FORGE LTD. CASTINGS 30 BHARAT HEAVY ELECTRICALS LTD. ELECTRICAL EQUIPMENTS 31 BHARAT PETROLEUM CORPORATION LTD. REFINERIES 32 BHARTI AIRTEL LTD. TELECOMMUNICATION 33 BIRLA CORPORATION LTD. CEMENT & CEMENT PRODUCTS 34 BOMBAY DYEING & MANUFACTURING CO. LTD. PETROCHEMICALS 35 BONGAIGAON REFINERY & PETROCHEMICALS LTD. REFINERIES 36 BRITANNIA INDUSTRIES LTD. FOOD & FOOD PROCESSING 37 CADILA HEALTHCARE LTD. PHARMACEUTICALS 38 CAIRN INDUSTRIES LTD. POWER 39 CANARA BANK BANKING 40 CASTROL INDIA LTD. PETROCHEMICALS 41 CENTURY ENKA LTD. TEXTILES - SYNTHETIC 42 CENTURY TEXTILE & INDUSTRIES LTD. DIVERSIFIED 43 CESC LTD POWER 44 CHAMBAL FERTILIZERS & CHEMICALS FERTILIZERS 45 CHENNAI PETROLEUM CORPORATION LTD. REFINERIES 46 CIPLA LTD HEALTH CARE 47 CMC LTD COMPUTER - HARDWARE 48 COLGATE-PALMOLIVE (INDIA) LTD. PERSONAL CARE 49 CONTAINER CORPORATION OF INDIA LTD TRAVEL & TRANSPORT 50 CORPORATION BANK BANKING

273

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SR.NO - NAME - - - CATEGORY 51 CROMPTON GREAVES LTD ELECTRICAL EQUIPMENTS 52 CUMMINS INDIA LTD. DIESEL ENGINES 53 DABUR INDIA LTD. _ PERSONAL CARE 54 DENA BANK BANKING . 55 D-LINK INDIA LTD . COMPUTER - HARDWARE 56 DREDGING CORPORATION OF INDIA LTD .. MISCELLANEOUS 57 EIH LTD HOTELS 58 ENGINEERS INDIA LTD. ENGINEERING 59 ESCORTS LTD AUTOMOBILES - 2/3 60 ESSEL PROPACK LTD. PACKAGING 61 EXIDE INDUSTRIES LTD. AUTO ANCILLARIES 62 FDC LIMITED PHARMACEUTICALS 63 FEDERAL BANK BANKING 64 FERTILIZERS & CHEMICLS TRAVANCORE LTD. FERTILIZERS 65 FINOLEX CABLES LTD. MISCELLANEOUS 66 FINOLEX INDUSTRIES LTD. PETROCHEMICALS 67 GAIL (INDIA) LTD. GAS 68 GEOMETRIC SOFTWARE SOLUTIONS CO. LTD. COMPUTER - SOFTWARE 69 GILLETTE INDIA LTD. PERSONAL CARE 70 GLAXOSMITHKLINE CONSUMER HEALTHCARE LTD. FOOD & FOOD PROCESSING 71 GLAXOSMITHKLINE PHARMACEUTICALS LTD. PHARMACEUTICALS 72 GMR INFRASTRUCTURE LTD. CONSTRUCTION 73 GODREJ CONSUMER PRODUCTS LTD. PERSONAL CARE 74 GRASIM INDUSTRIES LTD. CEMENT & CEMENT PRODUCTS 75 GREAT EASTERN SHIPPING CO. LTD. SHIPPING 76 GTL LTD COMPUTER - SOFTWARE 77 GUJARAT GAS CO. LTD. GAS 78 GUJARAT INDUSTRIES POWER CO. LTD. POWER 79 GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. MINING 80 GUJARAT NARMADA VALLEY FERTILISERS CO. LTD FERTILIZERS 81 HCL INFOSYSTEMS LTD COMPUTER - HARDWARE 82 HCL TECHNOLOGIES LTD. COMPUTER - SOFTWARE 83 HDFC BANK BANKING 84 HERO HONDA MOTORS LTD. AUTOMOBILES - 2/3 85 HEXAWARE TECHNOLOGIES LTD. COMPUTER - SOFTWARE 86 HINDALCO INDUSTRIES LTD. ALUMINIUM 87 HINDUSTAN LEVEL LTD DIVERSIFIED 88 HINDUSTAN PETROLEUM CORPORATION LTD. REFINERIES 89 HINDUSTAN ZINC LTD. METALS 90 HMT LTD AUTOMOBILES - 4 91 HOUSING DEVELOPMENT FINANCE CORPORATION LTD. FINANCE - HOUSING 92 IBP CO. LTD. REFINERIES 93 ICI INDIA LTD. PAINTS 94 ICICI BANK LTD BANKING 95 IDBI BANK BANKING 96 IDEA CAELL TELECOMMUNICATION 97 I-FLEX SOLUTIONS LTD. COMPUTER - SOFTWARE 98 IGATE GLOBAL SOLUTIONS LTD. COMPUTER - SOFTWARE 99 INDIA CEMENTS LTD. CEMENT & CEMENT PRODUCTS 100 INDIAN BANK BANKING 101 INDIAN HOTELS CO. LTD. HOTELS 102 INDIAN OIL CORPORATION LTD. REFINERIES

_

103 INDIAN OVERSEAS BANK BANKING 274

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SR.NO NAME CATEGORY 104 INDIAN PETROCHEMICALS CORPORATION LTD. PETROCHEMICALS 105 INDO RAMA SYNTHETICS -LTD. • --- TEXTILES - SYNTHETIC 106 INDUSIND BANK LTD. BANKING 107 INFOSYS TECHNOLOGIES LTD. COMPUTER - SOFTWARE 108 INFRASTRUCTURE DEVLOPMENT FINANCE CO. LTD. INFRASTRUCTURE 109 ING VYSYA BANK LTD. BANKING 110 INGERSOLL RAND (INDIA) LTD. COMPRESSORS 111 .IPCA LABORATORIES LTD. PHARMACEUTICALS 112 ISPAT INDUSTRIES STEEL & STEEL PRODUCTS 113 ITC LTD CIGARETTES 114 J.B. CHEMICALS & PHARMACEUTICALS LTD. PHARMACEUTICALS 115 JAIPRAKASH ASSOCIATES LTD. CONSTRUCTION 116 JAMMU & KASHMIR BANK LTD. BANKING 117 JET AIRWAYS (INDIA) LTD. TRAVEL & TRANSPORT 118 JINDAL SAW LTD. STEEL & STEEL PRODUCTS 119 JINDAL STAINLESS LTD. STEEL & STEEL PRODUCTS 120 JINDAL STEEL & POWER LTD. STEEL & STEEL PRODUCTS 121 JSW STEEL LTD. STEEL & STEEL PRODUCTS 122 KOTAK MAHINDRA BANK LTD. BANKING ' 123 LANCO INFRASTRUCTURE LTD. INFRASTRUCTURE 124 LARSEN & TOUBRO LTD. ENGINEERING 125 LIC HOUSING FINANCE LTD. FINANCE - HOUSING 126 LUPIN LTD PHARMACEUTICALS 127 MAHANAGAR TELEPHONE NIGAM LTD. TELECOMMUNICATION 128 MAHARASHTRA SEAMLESS LTD. STEEL & STEEL PRODUCTS 129 MAHINDRA & MAHINDARA LTD AUTOMOBILES - 4 130 MANGALORE REFINERY & PETROCHEMICALS LTD. REFINERIES 131 MARUTI UDYOG LTD. AUTOMOBILES - 4 132 MASTEK LTD. COMPUTER - SOFTWARE 133 MERCK LTD PHARMACEUTICALS 134 MICRO INKS LTD. MISCELLANEOUS 135 MIRC ELECTRONICS LTD. CONSUMER DURABLES 136 MOSER BAER INDIA LTD. COMPUTER - HARDWARE 137 MOTOR INDUSTRIES CO. LTD. AUTO ANCILLARIES 138 MPHASIS LTD COMPUTER - SOFTWARE 139 NATIONAL ALUMINIUM CO. LTD. ALUMINIUM 140 NATIONAL FERTILIZERS LIMITED FERTILIZERS 141 NESTLE LTD FOOD & FOOD PROCESSING 142 NEYVELI LIGNITE CORPORATION LTD. POWER 143 NICHOLAS PIRAMAL INDIA LTD. PHARMACEUTICALS 144 NIRMA LTD DETERGENTS 145 NOVARTIS IND PHARMACEUTICALS 146 NTPC LTD POWER 147 OIL & NATURAL GAS CORPORATION LTD. OIL EXPLORATION 148 ORCHID CHEMICALS & PHARMACEUTICALS LTD. PHARMACEUTICALS 149 ORIENTAL BANK OF COMMERCE BANKING 150 PARSWANATH DEVELOPERS LIMITED INFRASTRUCTURE 151 PFIZER LTD PHARMACEUTICALS 152 PIDILITE INDUSTRIES LTD. CHEMICALS - ORGANIC 153 PNG HYGIENE LTD. HEALTH CARE 154 POLARIS SOFTWARE LAB LTD. COMPUTER - SOFTWARE 155 POWER FINANCE CORPORATION POWER 156 PUNJ LLOYD LTD. CONSTRUCTION

275

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SR.NO NAME CATEGORY • . 157 PUNJAB-NATIONAL BANK . BANKING 158 PUNJAB TRACTORS LTD. AUTOMOBILES - 4 159 RAMCO SYSTEMS LTD. . COMPUTER - SOFTWARE 160 RANBAXY LABORATORIES LTD. PHARMACEUTICALS 161 RASHTRIYA CHEMICALS & FERTILIZERS LTD. FERTILIZERS 162 RAYMOND LTD. TEXTILE PRODUCTS 163 REDDY'S LABORATORIES LTD. PHARMACEUTICALS 164 RELIANCE CAPITAL LTD. FINANCE 165 RELIANCE COMMUNICATIONS LTD. TELECOMMUNICATION 166 RELIANCE ENERGY LTD. POWER 167 RELIANCE INDUSTRIES LTD. REFINERIES 168 RELIANCE PETROCHEMICALS LIMITED PETROCHEMICALS 169 ROLTA INDIA LTD. COMPUTER - SOFTWARE 170 SATYAM COMPUTER SERVICES LTD. COMPUTER - SOFTWARE 171 SHIPPING CORPORATION OF INDIA LTD. SHIPPING 172 SIEMENS LTD ELECTRICAL EQUIPMENTS 173 SKF INDIA LTD. BEARING 174 SOBHA DEVELOPERS LIMITED INFRASTRUCTURE 175 STATE BANK OF INDIA BANKING 176 STEEL AUTHORITY OF INDIA LTD. STEEL & STEEL PRODUCTS 177 STERLING BIOTECH LTD PHARMACEUTICALS 178 STERLING OPTICALS LTD PERSONAL CARE 179 STERLITE INDUSTRIES (INDIA) LTD. PHARMACEUTICALS 180 SUN PHARMACEUTICAL INDUSTRIES LTD. PHARMACEUTICALS 181 SUN TV LTD. MEDIA 182 SUZLON ENERGY LTD. ELECTRICAL EQUIPMENTS 183 SYNDICATE BANK BANKING 184 SYNGENTA LTD PESTICIDES & AGROCHEMICALS 185 TAMIL NADU NEWSPRINT & PAPERS LTD PAPER & PAPER PRODUCTS 186 TATA CHEMICALS LTD. CHEMICALS - INORGANIC 187 TATA ELXSI LTD. COMPUTER - HARDWARE 188 TATA MOTORS LTD. AUTOMOBILES - 4 189 TATA POWER CO. LTD. POWER 190 TATA STEEL LTD. STEEL & STEEL PRODUCTS 191 TATA TEA LTD. TEA & COFFEE 192 TCS LTD COMPUTER - SOFTWARE 193 THERMAX LTD. ELECTRICAL EQUIPMENTS 194 TITAN INDUSTRIES LTD. WATCH 195 TORRENT PHARMACEUTICALS LTD. PHARMACEUTICALS 196 TVS MOTOR COMPANY LTD. AUTOMOBILES - 2/3 197 UNION BANK OF INDIA BANKING 198 UNITED PHOSPHOROUS LTD. PESTICIDES & AGROCHEMICALS 199 VIDESH SANCHAR NIGAM LTD. TELECOMMUNICATION 200 VIJAYA BANK BANKING 201 VISUALSOFT TECHNOLOGIES LTD. COMPUTER - SOFTWARE 202 WELSPUN GUJARAT STAHL ROHREN LTD. STEEL & STEEL PRODUCTS 203 WIPRO LTD. COMPUTER - SOFTWARE 204 WOCKHARDT LTD. PHARMACEUTICALS 205 WYETH LTD. PHARMACEUTICALS 206 ZEE ENTERTAINMENT ENTERPRISES LTD. MEDIA

276 •

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Appendix ii Eligible Companies

No. NAME INDUSTRY SUM YEARS

1 ABB LTD ELECTRICAL EQUIPMENTS

N-

N.

N.

N. N.

N.

h.- N

. N

. N

.

N.

N.

N. N

.

(D

CD C

D

CD C

D C

D C

O

CD

CO

C

O C

O

CO

CD

CD

CD

C

D

CD

C

D

CD

ID

CO

LO

U)

LO

In

In

nt

.4- nr

-4-

C') C

I

2 -ABBOTT INDIA LTD. PHARMACEUTICALS

3 ACC LTD CEMENT

4 ADANI ENTERPRISES LTD. TRADING

5 ADITYA BIRLA NUVO LTD. TEXTILES - SYNTHETIC

6 ALFA LAVAL (INDIA) LTD. ENGINEERING

7 ALLAHABAD BANK BANKING

8 ALOK INDUSTRIES LTD. TEXTILES - SYNTHETIC

9 ALSTOM PROJECTS INDIA LTD. POWER

10 AMBUJA CEMENTS LTD. CEMENT

11 ANDHRA BANK BANKING

12 APOLLO HOSPITALS ENTERPRISES LTD. HEALTH CARE

13 APOLLO TYRES LTD. TYRES

14 ARVIND MILLS LTD. TEXTILE PRODUCTS

15 ASAHI INDIA GLASS LTD. AUTO ANCILLARIES

16 ASHOK LEYLAND LTD. AUTOMOBILES - 4

17 ASIAN PAINTS LTD. PAINTS

18 AUROBINDO PHARMA LTD. PHARMACEUTICALS

19 AVENTIS PHARMA LTD. PHARMACEUTICALS

20 AXIS BANK BANKING

21 BAJAJ AUTO LTD. AUTOMOBILES - 2/3

22 BALAJI TELEFILMS LTD. MEDIA

23 BALLARPUR INDUSTRIES LTD. PAPER PRODUCTS

24 BANK OF BARODA BANKING

25 BANK OF INDIA BANKING

26

27

BASF INDIA LTD.

BHARAT EARTH MOVERS LTD.

CHEMICALS - SPECIE

ENGINEERING

28 BHARAT ELECTRICALS LIMITED ELECTRICAL EQUIPMENTS

29 BHARAT FORGE LTD. CASTINGS

30 BHARAT HEAVY ELECTRICALS LTD. ELECTRICAL EQUIPMENTS

31 BHARAT PETROLEUM CORPORATION LTD. REFINERIES

32 BHARTI AIRTEL LIMITED TELECOMMUNICATION

33 BIRLA CORPORATION LTD. CEMENT

34 BOMBAY DYEING & MANUFACTURING CO. LTD. PETROCHEMICALS

35 BONGAIGAON REFINERY & PETROCHEMICALS LTD. REFINERIES

36 BRITANNIA INDUSTRIES LTD. FOOD PROCESSING

37 CADILA HEALTHCARE LTD. PHARMACEUTICALS

38 CANARA BANK BANKING

39 CASTROL INDIA LTD. PETROCHEMICALS

40 CENTURY ENKA LTD. TEXTILES - SYNTHETIC

41 CENTURY TEXTILE & INDUSTRIES LTD. DIVERSIFIED

42 CHAMBAL FERTILIZERS & CHEMICALS FERTILIZERS

43 CHENNAI PETROLEUM CORPORATION LTD. REFINERIES

44 CIPLA LTD HEALTH CARE

45 CMC LTD COMPUTER - HARDWARE

46 COLGATE-PALMOLIVE (INDIA) LTD. PERSONAL CARE

277

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No. - . NAME INDUSTRY SUM (EARS

47 CONTAINER CORPORATION OF INDIA LTD TRAVEL & TRANSPORT

N-

h-

N-

N- N

- I,-. N-

N-

N- N-

N- I,

- N- N

- l'.--.

N

- N- N-

N-

N- N

- N- N-

N-

N- I,- N- 1

. --. N

-

CO C

./D CO

CO

.

In

LO

LO L

O L

O L

O

LO L

O

LO

'cl-

0,

01

C

) C

) 48 CORPORATION BANK BANKING

49 CROMPTON GREAVES LTD ELECTRICAL EQUIPMENTS

50 CUMMINS INDIA LTD. •. DIESEL ENGINES

51 DABUR INDIA LTD. PERSONAL CARE

52 DENA BANK BANKING

53 D-LINK INDIA LTD COMPUTER - HARDWARE

54 DREDGING CORPORATION OF INDIA LTD. MISCELLANEOUS

55 EIH LTD HOTELS

56 ENGINEERS INDIA LTD. ENGINEERING

57 ESCORTS LTD AUTOMOBILES - 4

58 ESSEL PROPACK LTD. PACKAGING

59 EXIDE INDUSTRIES LTD. AUTO ANCILLARIES

60 FDC LIMITED PHARMACEUTICALS

61 FEDERAL BANK BANKING

62 FINOLEX CABLES LTD. MISCELLANEOUS

63 FINOLEX INDUSTRIES LTD. PETROCHEMICALS

64 GAIL (INDIA) LTD. GAS

65 GEOMETRIC SOFTWARE SOLUTIONS CO. LTD. COMPUTER - SOFTWARE

66 GILLETTE INDIA LTD. PERSONAL CARE

67 GLAXOSMITHKLINE CONSUMER HEALTHCARE LTD. FOOD PROCESSING

68 GLAXOSMITHKLINE PHARMACEUTICALS LTD. PHARMACEUTICALS

69 GODREJ CONSUMER PRODUCTS LTD. PERSONAL CARE

70 GRASIM INDUSTRIES LTD. CEMENT PRODUCTS

71 GREAT EASTERN SHIPPING CO. LTD. SHIPPING

72 GTL LTD COMPUTER - SOFTWARE

73 GUJARAT GAS CO. LTD. GAS

74 GUJARAT INDUSTRIES POWER CO. LTD. POWER

75 GUJARAT MINERAL DEVELOPMENT CORP LTD. MINING

76 GUJARAT NARMADA VALLEY FERTILISERS CO. LTD FERTILIZERS

77 HCL INFOSYSTEMS LTD COMPUTER - HARDWARE

78 HCL TECHNOLOGIES LTD. COMPUTER - SOFTWARE

79 HDFC BANK BANKING

80 HERO HONDA MOTORS LTD. AUTOMOBILES - 2/3

81 HEXAWARE TECHNOLOGIES LTD. COMPUTER - SOFTWARE

82 HINDALCO INDUSTRIES LTD. ALUMINIUM

83 HINDUSTAN LEVEL LTD DIVERSIFIED

84 HINDUSTAN PETROLEUM CORPORATION LTD. REFINERIES

85 HINDUSTAN ZINC LTD. METALS

86 HMT LTD AUTOMOBILES - 4

87 HDFC FINANCE - HOUSING

88 IBP CO. LTD. REFINERIES

89 ICI INDIA LTD. PAINTS

90 ICICI BANK LTD BANKING

91 IDBI BANK BANKING

92 I-FLEX SOLUTIONS LTD. COMPUTER - SOFTWARE

93 IGATE GLOBAL SOLUTIONS LTD. COMPUTER - SOFTWARE

94 INDIA CEMENTS LTD. CEMENT

278

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No. NAME INDUSTRY - SUM YEARS •

95 INDIAN HOTELS CO. LTD. • HOTELS

r—

1.--

r■ is - r- N

- 1*--

N- N

- N

- N- h

. Ns

N- N

- N- Is

- N

- N- N

- N

- Is

- Is

- Is

- N-

N- t

s•

CO

C

O

CO

(0

C

D

in

In

LI, LO

LO

LO

in

LO

in

.4. v-

c.) 01

m co

co •

96 INDIAN OIL CORPORATION LTD. REFINERIES

97 INDIAN OVERSEAS BANK BANKING •

98 INDIAN PETROCHEMICALS CORPORATION •LTD. PETROCHEMICALS

99 INDO RAMA SYNTHETICS LTD. TEXTILES - SYNTHETIC

100 INDUSIND BANK LTD. BANKING

101 INFOSYS TECHNOLOGIES LTD. COMPUTER - SOFTWARE

102 ING VYSYA BANK LTD. BANKING

103 INGERSOLL RAND (INDIA) LTD. COMPRESSORS

104 IPCA LABORATORIES LTD. PHARMACEUTICALS

105 ISPAT INDUSTRIES STEEL PRODUCTS

106 ITC LTD CIGARETTES

107 J.B. CHEMICALS & PHARMACEUTICALS LTD. PHARMACEUTICALS

108 JAIPRAKASH ASSOCIATES LTD. CONSTRUCTION

109 JINDAL SAW LIMITED STEEL PRODUCTS

110 JINDAL STAINLESS LTD. STEEL PRODUCTS

111 JINDAL STEEL & POWER LTD. STEEL PRODUCTS

112 JSW STEEL LTD. STEEL PRODUCTS

113 KOTAK MAHINDRA BANK LTD. BANKING

114 LARSEN & TOUBRO LTD. ENGINEERING

115 LIC HOUSING FINANCE LTD. FINANCE - HOUSING

116 LUPIN LTD PHARMACEUTICALS

117 MAHANAGAR TELEPHONE NIGAM LTD. TELECOMMUNICATION

118 MAHARASHTRA SEAMLESS LTD. STEEL PRODUCTS

119 MAHINDRA & MAHINDARA LTD AUTOMOBILES - 4

CO

120 MANGALORE REFINERY & PETROCHEMICALS LTD. REFINERIES

121 MARUTI UDYOG LTD. AUTOMOBILES - 4

122 MASTEK LTD. COMPUTER - SOFTWARE

123 MERCK LTD PHARMACEUTICALS

124 MICRO INKS LTD. MISCELLANEOUS

125 MIRC ELECTRONICS LTD. CONSUMER DURABLES

126 MOSER BAER INDIA LTD. COMPUTER - HARDWARE

127 MOTOR INDUSTRIES CO. LTD. AUTO ANCILLARIES

128 MPHASIS LTD COMPUTER - SOFTWARE

129 NATIONAL ALUMINIUM CO. LTD. ALUMINIUM

130 NATIONAL FERTILIZERS LIMITED FERTILIZERS

131 NATIONAL THERMAL POWER CORPORATION POWER

132 NESTLE LTD FOOD PROCESSING

133 NEYVELI LIGNITE CORPORATION LTD. POWER

134 NICHOLAS PIRAMAL INDIA LTD. PHARMACEUTICALS

135 NIRMA LTD DETERGENTS

136 NOVARTIS IND PHARMACEUTICALS

137 OIL & NATURAL GAS CORPORATION LTD. OIL EXPLORATION

138 ORCHID CHEMICALS & PHARMACEUTICALS LTD. PHARMACEUTICALS

139 ORIENTAL BANK OF COMMERCE BANKING

140 PFIZER LTD PHARMACEUTICALS

141 PIDILITE INDUSTRIES LTD. CHEMICALS - ORGANIC

142 PNG HYGIENE LTD. HEALTH CARE

279

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No. NAME, INDUSTRY SUM YEARS

143 POLARIS SOFTWARE LAB LTD. COMPUTER - SOFTWARE 7

144 PUNJAB TRACTORS LTD. - AUTOMOBILES - 4 6

145 RAMCO SYSTEMS LTD. COMPUTER - SOFTWARE 7

146 RANBAXY LABORATORIES LTD. PHARMACEUTICALS 4

147 RASHTRIYA CHEMICALS & FERTILIZERS LTD. FERTILIZERS 7

148 RAYMOND LTD. TEXTILE PRODUCTS 6

149 REDDY'S LABORATORIES LTD. PHARMACEUTICALS 5

150 RELIANCE CAPITAL LTD. FINANCE 6

151 RELIANCE ENERGY LTD. POWER 3

152 RELIANCE INDUSTRIES LTD. REFINERIES 7

153 ROLTA INDIA LTD. COMPUTER - SOFTWARE 6

154 SATYAM COMPUTER SERVICES LTD. COMPUTER - SOFTWARE 7

155 SHIPPING CORPORATION OF INDIA LTD. SHIPPING 7

156 SIEMENS LTD ELECTRICAL EQUIPMENTS 5

157 SKF INDIA LTD. BEARING 5

158 STATE BANK OF INDIA BANKING 7

159 STEEL AUTHORITY OF INDIA LTD. STEEL & STEEL PRODUCTS 5

160 STERLING OPTICALS LTD PERSONAL CARE 7

161 STERLITE INDUSTRIES (INDIA) LTD. PHARMACEUTICALS 7

162 SUN PHARMACEUTICAL INDUSTRIES LTD. PHARMACEUTICALS 4

163 SUZLON ENERGY LIMITED ELECTRICAL EQUIPMENTS 7

164 SYNDICATE BANK BANKING 7

165 SYNGENTA LTD PESTICIDES & AGROCHEMICALS 3

166 TAMIL NADU NEWSPRINT & PAPERS LTD PAPER & PAPER PRODUCTS 3

167 TATA CHEMICALS LTD. CHEMICALS - INORGANIC 3

168 TATA ELXSI LTD. COMPUTER - HARDWARE 5

169 TATA MOTORS LTD. AUTOMOBILES - 4 6

170 TATA POWER CO. LTD. POWER 6

171 TATA STEEL LTD. STEEL & STEEL PRODUCTS 7

172 TATA TEA LTD. TEA & COFFEE 7

173 TCS LTD COMPUTER-SOFTWARE 5

174 THERMAX LTD. ELECTRICAL EQUIPMENTS 7

175 TITAN INDUSTRIES LTD. WATCH 5

176 TORRENT PHARMACEUTICALS LTD. PHARMACEUTICALS 7

177 TVS MOTOR COMPANY LTD. AUTOMOBILES - 2/3 4

178 UNION BANK OF INDIA BANKING 5

179 UNITED PHOSPHOROUS LTD. PESTICIDES & AGROCHEMICALS 6

180 VIDESH SANCHAR NIGAM LTD. TELECOMMUNICATION 7

181 VIJAYA BANK BANKING 5

182 VISUALSOFT TECHNOLOGIES LTD. COMPUTER - SOFTWARE 5

183 WELSPUN GUJARAT STAHL ROHREN LTD. STEEL PRODUCTS 5

184 WIPRO LTD. COMPUTER - SOFTWARE 7

185 WOCKHARDT LTD. PHARMACEUTICALS 7

186 WYETH LTD. PHARMACEUTICALS 7

187 ZEE ENTERTAINMENT ENTERPRISES LTD. MEDIA 6

TOTAL 187 15 10 36 37 89

280

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Appendix iii S&P CNX Industry Classificatior

Sr. No. Industry Name • 1 ABRASIVES ,

2 AIRCONDITIONERS

3 ALUMINIUM

4 AUTO ANCILLARIES

5 AUTOMOBILES - 2/3

6 AUTOMOBILES - 4

7 BANKING

8 BEARING

9 BREW/DISTILLERIES

10 CABLES - TELECOM

11 CASTINGS

12 CEMENT & CEMENT PRODUCTS

13 CERAMICS & SANITARYWARE

14 CHEMICALS - INORGANIC

15 CHEMICALS - ORGANIC

16 CHEMICALS - SPECIALITY

17 CIGARETTES

18 COMPRESSORS

19 COMPUTER - HARDWARE

20 COMPUTER - SOFTWARE

21 CONSTRUCTION

22 CONSUMER DURABLES

23 CYCLES

24 DETERGENTS

25 DIESEL ENGINES

26 DIVERSIFIED

27 DYES AND PIGMENTS

28 ELECTRICAL EQUIPMENTS

29 ELECTRODES

30 ELECTRONICS - INDUSTRIAL

31 ENGINEERING

32 FASTNERS

33 FERTILIZERS

34 FINANCE

35 FINANCE - HOUSING

36 FINANCIAL INSTITUTION

37 FOOD & FOOD PROCESSING

38 GAS

39 HEALTH CARE 40 HOTELS

281

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Sr. No. Industry Name 41 INFRASTRUCTURE 42 LEATHER & LEATHER. PRODUCTS

43 MEDIA

44 METALS

45 MINING

46 MISCELLANEOUS

47 OIL EXPLORATION

48 PACKAGING

49 PAINTS

50 PAPER & PAPER PRODUCTS

51 PERSONAL CARE

52 PESTICIDES & AGROCHEMICALS

53 PETROCHEMICALS

54 PHARMACEUTICALS

55 PHOTOGRAPHIC PRODUCTS

56 PLASTIC & PLASTIC PRODUCTS

57 POWER

58 PRINTING & PUBLISHING

59 REFINERIES

60 REFRACTORIES

61 SHIPPING

62 SOLVENT EXTRACTION

63 STEEL & STEEL PRODUCTS

64 SUGAR

65 TEA & COFFEE

66 TELECOMMUNICATION - EQUIPMENT

67 TELECOMMUNICATION - SERVICES

68 TEXTILES - COTTON

69 TEXTILES - SYNTHETIC

70 TEXTILE MACHINERY

71 TEXTILE PRODUCTS

72 TRADING

73 TRANSMISSION TOWERS

74 TRAVEL & TRANSPORT

75 TYRES

76 WATCH

282

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Appendix iv Industries Covered by Population

No. Industry Name Firms 1 Aluminium

N C

O 1

- CO

N

U

) N

CO

N

0)

.

".

%--

x-

Li.)

C

O

N

LC) 01 ,- N- N

N- 1

- N

' 4) .- N

CO

N

C,) N

1

- CO

e-

N- C

O N

- .- N

N

U) N

U)

0)

N-

1- .,--

x- T

•••

N

-

N

2 Auto Ancillaries 3 Automobiles 4 Automobiles - 4 5 Banking 6 Bearing 7 Castings 8 Cement & C Products 9 Chemicals - Inorganic 10 Chemicals - Organic 11 Chemicals - Speciality 12 Cigarettes 13 Compressor 14 Computer - Hardware 15 Computer - Software 16 Construction 17 Consumer Durables 18 Detergents 19 Diversified 20 Electrical Equipments 21 Engineering 22 Engines 23 Fertilizers 24 Finance 25 Finance - Housing 26 Food & Foo Processing 27 Gas 28 Health Care 29 Hotels 30 Infrastructure 31 Media 32 Metals 33 Mining 34 Miscellaneous 35 Oil Exploration 36 Packaging 37 Paints 38 Paper & Paper Products 39 Personal Care 40 Pesticides & AgrochemicaIs 41 Petrochemicals 42 Pharmaceuticals 43 Power 44 Refineries 45 Shipping 46 Steel & Steel Products 47 Tea & Coffee 48 Telecommunication - Services 49 Textile Products 50 Textiles - Synthetic 51 Trading 52 Travel & Transport 53 Tyres 54 Watch

Total 206 283

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Appendix v Industries Covered by Eligible Firms

NO. INDUSTRY NOS. 1 ALUMINIUM

CNJ C

D (,)

I, - A--

CV 1- x

- LO

0

) C

O

N

- C

O

) U

) .,-

e- e- v

- CNI

h.. ..:1- .d

- c- C

\ I C

O CN

cn C

N N

N'- N

-.. Me

-

N- C

si CV

V) C

\ I '7

(X

C•J

<- c

o (N

-4. ,—

•t- (V

2 AUTO ANCILLARIES 3 AUTOMOBILE 4 AUTOMOBILE - 4 5 BANKING 6 BEARING 7 CASTINGS 8 CEMENT & CEMENT PRODUCTS 9 CHEMICALS - INORGANIC 10 CHEMICALS • ORGANIC 11 CHEMICALS • SPECIALITY 12 CIGARETTES 13 COMPRESSORS 14 COMPUTER- ARE 15 COMPUTER - ARE 16 CONSTRUCTION 17 CONSUMER DURABLES 18 DETERGENT 19 DIESEL ENGINES 20 DIVERSIFIED 21 ELECTRICAL EQUIPMENTS 22 ENGINEERING 23 FERTILIZERS 24 FINANCE 25 FINANCE - HOUSING 26 FOOD & FOOD PROCESSING 27 GAS 28 HEALTH CAR 29 HOTELS 30 MEDIA 31 METALS 32 MINING 33 MISCELLANEOUS 34 OIL EXPLORATION 35 PACKAGING 36 PAINTS 37 PAPER & PAPER PRODUCTS 38 PERSONAL CARE 39 PESTICIDES & AGROCHEMICALS 40 PETROCHEMICALS 41 PHARMACEUTICALS 42 POWER 43 REFINERIES 44 SHIPPING 45 STEEL & STEEL PRODUCTS 46 TEA & COFFEE 47 TELECOMMUNICATION - SERVICES 48 TEXTILE PRODUCTS 49 TEXTILES - SYNTHETIC 50 TRADING 51 TRAVEL & TRANSPORT 52 TYRES 53 WATCH

TOTAL 187 284

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Appendix vi Industries Covered by Sample Firms

No. NAME No. NAME 1 ABB LTD 1 ABB 2 ABBOTT INDIA LTD. 2 ABBOTT 3 ACC LTD 3 ACC 4 ADANI ENTERPRISES LTD. 4 ADANI 5 ADITYA BIRLA NUVO LTD. 5 ADITYA NAVO 6 ALFA LAVAL (INDIA) LTD. 6 ALFA-LEVEL 7 ALLAHABAD BANK 7 ALLAHABAD BANK 8 ALOK INDUSTRIES LTD. 8 ALOK INDUSTRIES 9 ALSTOM PROJECTS INDIA LTD. 9 ALSTOM PROJECTS 10 AMBUJA CEMENTS LTD. 10 AMBUJA CEMENT 11 ANDHRA BANK 11 ANDHRA BANK 12 APOLLO HOSPITALS ENTERPRISES LTD. 12 APPOLLO HOSP 13 APOLLO TYRES LTD. 13 APPOLLO TYRES 14 ARVIND MILLS LTD. 14 ARVIND MILLS 15 ASAHI INDIA GLASS LTD. 15 ASAHI GLASS 16 ASHOK LEYLAND LTD. 16 ASHOK LEYLAND 17 ASIAN PAINTS LTD. 17 ASIAN PAINTS 18 AUROBINDO PHARMA LTD. 18 AUROBINDO PHARMA 19 AVENTIS PHARMA LTD. 19 AVENTIS PHiRMA 20 AXIS BANK 20 AXIS BANK \'% 21 BAJAJ AUTO LTD. 21 BAJAJ AUTO 22 BALAJI TELEFILMS LTD. 22 BALAJI TELEFILMS 23 BALLARPUR INDUSTRIES LTD. 23 BALLARPUR 24 BANK OF BARODA 24 BANK OF BARODA 25 BANK OF INDIA 25 BANK OF INDIA 26 BASF INDIA LTD. 26 BASF 27 BHARAT EARTH MOVERS LTD. 27 BHARAT EARTH MOVERS 28 BHARAT ELECTRICALS LIMITED 28 BHARAT ELECTRICALS 29 BHARAT FORGE LTD. 29 BHARAT FORGE 30 BHARAT HEAVY ELECTRICALS LTD. 30 BHEL 31 BHARAT PETROLEUM CORPORATION LTD. 31 BPCL 32 BHARTI AIRTEL LIMITED 32 BHARTI AIRTEL 33 BIRLA CORPORATION LTD. 33 BIRLA CORP 34 BOMBAY DYEING & MANUFACTURING CO. LTD. 34 BOMBAY DYEING 35 BONGAIGAON REFINERY & PETROCHEMICALS LTD. 35 BONGAIGAON REFINERY 36 BRITANNIA INDUSTRIES LTD. 36 BRITANNIA 37 CADILA HEALTHCARE LTD. 37 CADILA HEALTHCARE 38 CANARA BANK 38 CANARA BANK 39 CASTROL INDIA LTD. 39 CASTROL INDIA 40 CENTURY ENKA LTD. 40 CENTURY ENKA 41 CENTURY TEXTILE & INDUSTRIES LTD. 41 CENTURY TEXT 42 CHAMBAL FERTILIZERS & CHEMICALS 42 CHAMBAL FERT 43 CHENNAI PETROLEUM CORPORATION LTD. 43 CHENNAI PETRO 44 CIPLA LTD 44 CIPLA 45 CMC LTD 45 CMC 46 COLGATE-PALMOLIVE (INDIA) LTD. 46 COLGATE 47 CONTAINER CORPORATION OF INDIA LTD 47 CONTAINERS CORPN 48 CORPORATION BANK 48 CORPORATION BANK 49 CROMPTON GREAVES LTD 49 CROMPTON GREAVES 50 CUMMINS INDIA LTD. 50 CUMMIS INDIA 51 DABUR INDIA LTD. 51 DABUR INDIA 52 DENA BANK 52 DENA BANK 53 D-LINK INDIA LTD 53 D-LINK 54 DREDGING CORPORATION OF INDIA LTD. 54 DREDGING CORPN. 55 EIH LTD 55 EIH 56 ENGINEERS INDIA LTD. 56 ENGINEERS LIMITED 57 ESCORTS LTD 57 ESCORTS 58 ESSEL PROPACK LTD. 58 ESSEL PROPACK 59 EXIDE INDUSTRIES LTD. 59 EXIDE INDUSTRIES 60 FDC LIMITED 60 FDC LTD 61 FEDERAL BANK 61 FEDERAL BANK

285

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No. NAME No. NAME 62 FINOLEX CABLES LTD. 63 FINOLEX INDUSTRIES LTD. 62 FINOLEX IND. 64 GAIL (INDIA) LTD. 63 GAIL INDIA 65 GEOMETRIC SOFTWARE SOLUTIONS CO. LTD. 64 GEOMATRIC SOLUTIONS 66 GILLETTE INDIA LTD. 65 GILLETTE 67 GLAXOSMITHKLINE CONSUMER HEALTHCARE LTD. 66 GLAXOSMITHKLINE (C) 68 GLAXOSMITHKLINE PHARMACEUTICALS LTD. 69 GODREJ CONSUMER PRODUCTS LTD. 67 GODREJ CONS 70 GRASIM INDUSTRIES LTD. 68 GRASIM INDUSTRIES 71 GREAT EASTERN SHIPPING CO. LTD. 69 GREAT EASTERN 72 GTL LTD 70 GTL 73 GUJARAT GAS CO. LTD. 71 GUJARAT GAS CO 74 GUJARAT INDUSTRIES POWER CO. LTD. 72 GUJARAT IND. POWER 75 GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. 76 GUJARAT NARMADA VALLEY FERTILISERS CO. LTD 73 GUJARAT NARMADA VALLEY 77 HCL INFOSYSTEMS LTD 74 HCL INFOSYSTEMS 78 HCL TECHNOLOGIES LTD. 75 HCL TECH 79 HDFC BANK 76 HDFC BANK 80 HERO HONDA MOTORS LTD. 77 HERO HONDA 81 HEXAWARE TECHNOLOGIES LTD. 78 HEXAWARE 82 HINDALCO INDUSTRIES LTD. 79 HINDALCO 83 HINDUSTAN LEVEL LTD 80 HUL 84 HINDUSTAN PETROLEUM CORPORATION LTD. 81 HPCL 85 HINDUSTAN ZINC LTD. 82 HIND ZINC 86 HMT LTD 87 HOUSING DEVELOPMENT FINANCE CORPORATION LT 83 HDFC 88 IBP CO. LTD. 89 ICI INDIA LTD. 84 ICI 90 ICICI BANK LTD 85 ICICI BANK 91 IDBI BANK 92 I-FLEX SOLUTIONS LTD. 86 I-FLEX 93 IGATE GLOBAL SOLUTIONS LTD. 87 I-GATE 94 INDIA CEMENTS LTD. 88 INDIA CEMENT 95 INDIAN HOTELS CO. LTD. 89 INDIAN HOTELS 96 INDIAN OIL CORPORATION LTD. 90 IOC 97 INDIAN OVERSEAS BANK 91 INDIAN OVERSEAS BANK 98 INDIAN PETROCHEMICALS CORPORATION LTD. 92 IPCL 99 INDO RAMA SYNTHETICS LTD. 93 INDO RAMA 100 INDUSIND BANK LTD. 94 INDUSIND BANK 101 INFOSYS TECHNOLOGIES LTD. 95 INFOSYS TECHNOLOGIES 102 ING VYSYA BANK LTD. 96 ING VASYA BANK 103 INGERSOLL RAND (INDIA) LTD. 97 INGERSOLL 104 IPCA LABORATORIES LTD. 98 IPCA LAB 105 ISPAT INDUSTRIES 106 ITC LTD 99 ITC 107 J.B. CHEMICALS & PHARMACEUTICALS LTD. 100 J.B. CHEMICALS 108 JAIPRAKASH ASSOCIATES LTD. 101 JAIPRAKASH ASSOCIATES 109 JINDAL SAW LIMITED 102 JINDAL SAW 110 JINDAL STAINLESS LTD. 103 JINDAL STAINLESS 111 JINDAL STEEL & POWER LTD. 104 JINDAL STEEL & POWER 112 JSW STEEL LTD. 105 JSW STEEL 113 KOTAK MAHINDRA BANK LTD. 106 KOTAK MAHINDRA BANK 114 LARSEN & TOUBRO LTD. 107 L&T 115 LIC HOUSING FINANCE LTD. 108 LIC HOUSING 116 LUPIN LTD 109 LUPIN LAB 117 MAHANAGAR TELEPHONE NIGAM LTD. 110 MTNL 118 MAHARASHTRA SEAMLESS LTD. 111 MAHARASHTRA SEAMLESS 119 MAHINDRA & MAHINDARA LTD 112 M&M 120 MANGALORE REFINERY & PETROCHEMICALS LTD. 113 MRPL 121 MARUTI UDYOG LTD. 114 MARUTI UDYOG 122 MASTEK LTD. 115 MASTEK 123 MERCK LTD 116 MERCK 124 MICRO INKS LTD. 117 MICRO INKS 125 MIRC ELECTRONICS LTD. 118 MIRC ELECTRONICS

286

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No. NAME No. NAME 126 MOSER BAER INDIA LTD. 119 MOSER BAER 127 MOTOR INDUSTRIES CO. LTD. 120 MICO 128 MPHASIS LTD 121 MPHASIS 129 NATIONAL ALUMINIUM CO. LTD. 122 NATIONAL ALLUMINIUM 130 NATIONAL FERTILIZERS LIMITED 131 NATIONAL THERMAL POWER CORPORATION 123 NTPC 132 NESTLE LTD 124 NESTLE 133 NEYVELI LIGNITE CORPORATION LTD. 125 NEYVELI LIGNITE 134 NICHOLAS PIRAMAL INDIA LTD. 126 NICHOLAS PIRAMAL 135 NIRMA LTD 127 NIRMA 136 NOVARTIS IND 128 NOVARTIS 137 OIL & NATURAL GAS CORPORATION LTD. 129 ONGC 138 ORCHID CHEMICALS & PHARMACEUTICALS LTD. 130 OBC 139 ORIENTAL BANK OF COMMERCE 131 ORCHID CHEMICALS 140 PFIZER LTD 132 PFIZER 141 PIDILITE INDUSTRIES LTD. 133 PIDILITE IND. 142 PNG HYGIENE LTD. 134 PNG HYGIENE 143 POLARIS SOFTWARE LAB LTD. 135 POLARIS 144 PUNJAB TRACTORS LTD. 136 PUNJAB TRACTORS 145 RAMCO SYSTEMS LTD. 146 RANBAXY LABORATORIES LTD. 137 RANBAXY 147 RASHTRIYA CHEMICALS & FERTILIZERS LTD. 138 RCF 148 RAYMOND LTD. 139 RAYMONDS 149 REDDY'S LABORATORIES LTD. 140 REDDY LAB 150 RELIANCE CAPITAL LTD. 141 RELIANCE CAPITAL 151 RELIANCE ENERGY LTD. 142 RELIANCE ENERGY 152 RELIANCE INDUSTRIES LTD. 143 RIL 153 ROLTA INDIA LTD. 144 ROLTA INDIA 154 SATYAM COMPUTER SERVICES LTD. 145 SATYAM COMP 155 SHIPPING CORPORATION OF INDIA LTD. 146 SCI 156 SIEMENS LTD 147 SIEMENS 157 SKF INDIA LTD. 148 SKF 158 STATE BANK OF INDIA 149 SBI 159 STEEL AUTHORITY OF INDIA LTD. 150 SAIL 160 STERLING OPTICALS LTD 161 STERLITE INDUSTRIES (INDIA) LTD. 151 STERLITE IND. 162 SUN PHARMACEUTICAL INDUSTRIES LTD. 152 SUN PHARMA 163 SUZLON ENERGY LIMITED 153 SUZLON 164 SYNDICATE BANK 154 SYNDICATE BANK 165 SYNGENTA LTD 166 TAMIL NADU NEWSPRINT & PAPERS LTD 155 TAMIL NADU NEWSPRINT 167 TATA CHEMICALS LTD. 156 TATA CHEMICALS 168 TATA ELXSI LTD. 157 TATA ELXSI 169 TATA MOTORS LTD. 158 TATA MOTORS 170 TATA POWER CO. LTD. 159 TATA POWER 171 TATA STEEL LTD. 160 TATA STEEL 172 TATA TEA LTD. 161 TATA TEA 173 TCS LTD 162 TCS 174 THERMAX LTD. 163 THERMAX 175 TITAN INDUSTRIES LTD. 164 TITAN 176 TORRENT PHARMACEUTICALS LTD. 165 TORRENT 177 TVS MOTOR COMPANY LTD. 166 TVS 178 UNION BANK OF INDIA 167 UNION BANK 179 UNITED PHOSPHOROUS LTD. 180 VIDESH SANCHAR NIGAM LTD. 181 VIJAYA BANK 168 VIJAYA BANK 182 VISUALSOFT TECHNOLOGIES LTD. 183 WELSPUN GUJARAT STAHL ROHREN LTD. 169 WELSPUN GUJARAT 184 WIPRO LTD. 170 WIPRO 185 WOCKHARDT LTD. 171 WOCKHARDT 186 WYETH LTD. 172 WYETH 187 ZEE ENTERTAINMENT ENTERPRISES LTD. 173 ZEE TELEFILMS

287

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Appendix vii Sample Firms with Respective Industn

No. Name Category No.

1 National Alluminium Aluminium 2

2 Hindalco Aluminium

3 Asahi Glass Auto Ancillaries

4 Exide Industries Auto Ancillaries

5 MICO Auto Ancillaries

6 Bajaj Auto Automobiles - 2/3 4

7 Hero Honda Automobiles - 2/3

8 TVS Automobiles - 2/3

9 Escorts Automobiles - 2/3

10 Ashok Leyland Automobiles - 4 5

11 M&M Automobiles - 4

12 Maruti Udyog Automobiles - 4

13 Punjab Tractors Automobiles - 4

14 Tata Motors Automobiles - 4

15 Allahabad Bank Banking 20

16 Andhra Bank Banking

17 Axis Bank Banking

18 Bank of Baroda Banking

19 Bank of India Banking

20 Canara Bank Banking

21 Corporation Bank Banking

22 Dena Bank Banking

23 Federal Bank Banking

24 HDFC Bank Banking

25 ICICI Bank Banking

26 Indian Overseas Bank Banking

27 Indusind Bank Banking

28 ING Vasya Bank Banking

29 Kotak Mahindra Bank Banking

30 OBC Banking

31 SBI Banking

32 Syndicate Bank Banking

33 Union Bank Banking

34 Vijaya Bank Banking

35 SKF Bearing 1

36 Bharat Forge Castings 1

37 Ambuja Cement Cement 5

38 Birla Corp Cement

39 Grasim Industries Cement

40 India Cement Cement

41 ACC Cement

42 BASF Chemicals - 0

43 Pidilite Ind. Chemicals - I 1

44 Tata Chemicals Chemicals - S 1

288

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No. Name Category No.

45 ITC Cigarettes 1

46 Ingersoll Compressors 1

47 CMC Computer - H 5

48 D-Link Computer - H

49 HCL Infosystems Computer - H

50 Moser Baer Computer - H

51 Tata Elxsi Computer - H

52 Geomatric Solutions Computer - S 14

53 GTL Computer - S

54 HCL Tech Computer - S

55 Hexaware Computer - S

56 I-Flex Computer - S

57 I-Gate Computer - S

58 Infosys Technologies Computer - S

59 Mastek Computer - S

60 MPHASIS Computer - S

61 Polaris Computer - S

62 Rolta India Computer - S

63 Satyam Comp Computer - S

64 TCS Computer - S

65 Wipro Computer - S

66 Jaiprakash Associates Construction 1

67 MIRC Electronics Consumer Durables 1

68 N I RMA Detergents 1

69 Century Text Diversified 2

70 HUL Diversified

71 ABB Electrical Equ 7

72 BHEL Electrical Equ

73 Bharat Electricals Electrical Equ

74 Crompton Greaves Electrical Equ

75 Siemens Electrical Equ

76 Suzlon Electrical Equ

77 Thermax Electrical Equ

78 Alfa-Level Engineering 4

79 Bharat Earth Movers Engineering

80 Engineers Limited Engineering

81 L&T Engineering

82 Cummis India Engines 1

83 Chambal Fert Fertilizers 3

84 Gujarat Narmada Valley Fertilizers

85 RCF Fertilizers

86 Reliance Capital Finance 1

87 HDFC Finance - H 2

88 LIC Housing Finance - H

89 Britannia Food Processing 3

90 Glaxosmithkline (C) Food Processing

289

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No. Name Category No.

91 Nestle Food Processing

92 Gail India Gas 2

93 Gujarat Gas Co Gas

94 Appollo Hosp Health Care 3

95 CIPLA__ Health Care

96 PNG Hygiene Health Care

97 EIH Hotels 2

98 Indian Hotels Hotels

99 Balaji Telefilms Media 2

100 Zee Telefilms Media

101 Hind Zinc Metals 1

102 Dredging Corpn. Miscellaneous 2

103 Micro Inks Miscellaneous

104 ONGC Oil Exploration 1

105 Essel Propack Packaging 1

106 Asian Paints Paints 2

107 ICI Paints

108 Ballarpur Paper 2

109 Tamil Nadu Newsprint Paper

110 Colgate Personal Care 4

111 Dabur India Personal Care

112 Gillette Personal Care

113 Godrej Cons Personal Care

114 Bombay Dyeing Petrochemicals

115 Castrol India Petrochemicals

116 Finolex Ind. Petrochemicals

117 IPCL Petrochemicals

118 Abbott Pharmaceuticals 20

119 Aurobindo Pharma Pharmaceuticals

120 Aventis Pharma Pharmaceuticals

121 Cadila Healthcare Pharmaceuticals

122 FDC LTD Pharmaceuticals

123 IPCA Lab Pharmaceuticals

124 J.B. Chemicals Pharmaceuticals

125 Lupin Lab Pharmaceuticals

126 Merck Pharmaceuticals

127 Nicholas Piramal Pharmaceuticals

128 Novartis Pharmaceuticals

129 Orchid Chemicals Pharmaceuticals

130 Pfizer Pharmaceuticals

131 Ranbaxy Pharmaceuticals

132 Reddy Lab Pharmaceuticals

133 Sterlite Ind. Pharmaceuticals

134 Sun Pharma Pharmaceuticals

135 Torrent Pharmaceuticals

136 Wockhardt Pharmaceuticals

290

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No. Name Category No.

137 Wyeth Pharmaceuticals

CO

N-

CN1 C

O

a—

cal N

a—

a

-

138 Alstom Projects Power

139 Gujarat Ind. Power Power

140 NTPC Power

141 Neyveli Lignite Power

142 Reliance Energy Power

143 Tata Power Power

144 BPCL Refinerie

145 Bongaigaon Refinery Refinerie

146 Chennai Petro Refinerie

147 HPCL Refinerie

148 IOC Refinerie

149 MRPL Refinerie

150 RIL Refinerie

151 Great Eastern Shipping

152 SCI Shipping

153 Jindal Saw Steel

154 Jindal Stainless Steel

155 Jindal Steel & Power Steel

156 JSW Steel Steel

157 Maharashtra Seamless Steel

158 SAIL Steel

159 Tata Steel Steel

160 Welspun Gujarat Steel

161 Tata Tea Tea & Coffee

162 Bharti Airtel Telecommunication

163 MTNL Telecommunication

164 Arvind Mills Textiles

165 Raymonds Textiles

166 Aditya Navo Textiles - S

167 Alok Industries Textiles - S

168 Century Enka Textiles - S

169 Indo Rama Textiles - S

170 Adani Trading

171 Containers Corpn Transport

172 Appollo Tyres Tyres

173 Titan Watches

Total 54

291

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Appendix viii Sensex Firms

No. Name

1 ACC

2 Ambuja Cement

3 Bajaj Auto

4 Bharti Airtel

5 BHEL

6 CIPLA

7 Grasim Industries

8 HDFC

9 HDFC Bank

10 Hindalco

11 HUL

12 ICICI Bank

13 Infosys Technologies

14 ITC

15 L&T

16 M&M

17 Maruti Udyog

18 NTPC

19 ONGC

20 Ranbaxy

21 Reddy Lab

22 Reliance Comm

23 Reliance Energy

24 RIL

25 Satyam Comp

26 SBI

27 Tata Motors

28 Tata Steel

29 TCS

30 Wipro

292

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Appendix ix Nifty Firms

No. Name 1 ABB 2 ACC 3 AMBUJACEM 4 BAJAJAUTO 5 BHARTIARTL 6 BHEL 7 BPCL 8 CAIRN 9 CIPLA 10 DRREDDY 11 GAIL 12 G LAX° 13 GRASIM 14 HCLTECH 15 HDFC 16 HDFCBANK 17 HEROHONDA 18 HINDALCO 19 HINDUNILVR 20 ICICIBANK 21 IDEA 22 INFOSYSTCH 23 ITC 24 LT 25 M&M 26 MARUTI 27 NATIONALUM 28 NTPC 29 ONGC 30 PNB 31 RANBAXY 32 RCOM 33 REL 34 RELIANCE 35 RPL 36 SAIL 37 SATYAMCOMP 38 SBIN 39 SIEMENS 40 STER 41 SUNPHARMA 42 SUZLON 43 TATAMOTORS 44 TATAPOWER 45 TATASTEEL 46 TCS 47 UNITECH 48 VSNL 49 WIPRO 50 ZEEL

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Appendix x - Results of 'A - Category' Stocks using Multivariate Regression Model

Sr. No.

Name Industry

Classification R2 p-Value Forecast Closing

Price

Actual Closing

Price Variation

1 ABB Electrical Equ 0.9471 0.00000 7,522.26 7,876.00 4.49%

2 ABBOTT Pharmaceuticals 0.8351 0.00000 582.31 547.35 6.39%

5 ABIRLANUVO Textiles - S 0.9144 0.00733 1,571.12 1,542.95 1.83%

3 ACC Cement 0.9809 0.00000 1,112.86 1,081.70 2.88%

4 ADANIENT Trading 0.9531 0.00000 318.20 333.25 4.52%

7 ALBK Banking 0.8259 0.00001 111.53 102.00 9.34%

6 ALFALAVAL Engineering 0.7681 0.00000 1,017.52 1,045.30 2.66%

8 ALOKTEXT Textiles - S 0.6507 0.00520 68.12 67.90 0.32%

10 AMBUJACEM Cement 0.8564 0.00002 140.25 144.65 3.04%

11 ANDHRABANK Banking 0.6562 0.00002 92.89 89.45 3.85%

9 APIL Power 0.9414 0.00000 846.34 993.75 14.83%

12 APOLLOHOSP Health Care 0.8561 0.00000 505.23 495.00 2.07%

13 APOLLOTYRE Tyres 0.8560 0.00016 408.93 395.00 3.53%

14 ARVIND Textiles 0.8738 0.00071 70.34 71.45 1.56%

15 ASAHIINDIA Auto Ancillaries 0.8469 0.00021 116.48 116.45 0.03%

16 ASHOKLEY Automobiles - 4 0.9348 0.00000 39.31 40.10 1.96%

17 ASIANPAINT Paints 0.9140 0.00005 1,004.16 1,032.00 2.70%

18 AUROPHARMA Pharmaceuticals 0.9284 0.00000 575.42 583.30 1.35%

19 AVENTIS Pharmaceuticals 0.6622 0.00050 1,147.25 1,168.50 1.82%

20 AXISBANK Banking 0.9705 0.00000 887.51 918.80 3.41%

21 BAJAJAUTO Automobiles 0.8892 0.00000 2,429.17 2,474.20 1.82%

22 BALAJITELE Media 0.8311 0.00033 277.18 307.05 9.73%

24 BANKBARODA Banking 0.7182 0.00631 306.51 342.35 10.47%

25 BANKINDIA Banking 0.7073 0.00734 370.87 357.30 3.80%

26 BASF Chemicals - S 0.6823 0.00183 233.44 248.10 5.91%

28 BEL Electrical Equ 0.9146 0.00000 1,608.26 1,825.35 11.89%

27 BEML Engineering 0.7396 0.00002 1,424.95 1,559.90 8.65%

29 BHARATFORG Castings 0.8956 0.00000 423.71 376.85 12.43%

30 BHARTIARTL Telecommunication 0.9097 0.00245 1,167.98 1,126.75 3.66%

31 BHEL Electrical Equ 0.8849 0.00000 2,735.51 2,613.35 4.67%

23 BILT Paper 0.8819 0.00000 133.86 140.95 5.03%

32 BIRLACORP Cement 0.8403 0.00002 365.47 352.25 3.75%

33 BOMDYEING Petrochemicals 0.8492 0.00003 780.65 731.10 6.78%

34 BONGAIREFN Refineries 0.9342 0.00007 69.79 69.90 0.16%

35 BPCL Refineries 0.8775 0.12252 321.23 343.00 6.35%

36 BRITANNIA Food Processing 0.6750 0.00038 1,440.40 1,507.10 4.43%

37 CADILAHC Pharmaceuticals 0.8295 0.00002 317.11 316.80 0.10%

38 CANBK Banking 0.6914 0.00086 274.75 292.95 6.21%

39 CASTROL Petrochemicals 0.4575 0.08663 244.48 276.95 11.72%

40 CENTENKA Textiles - S 0.7431 0.00859 153.66 168.45 8.78%

41 CENTEXT Diversified 0.8981 0.00000 1,096.94 1,057.50 3.73%

42 CHAMBLFERT Fertilizers 0.7626 0.00001 47.55 49.95 4.81%

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Sr. No.

NAME Industry

Classification R2 P-Value Forecast Closing

Price

Actual Closing

Price Variation

43 CHENNPETRO Refineries 0.7492 0.00002 314.86 331.55 5.03%

44 CIPLA Health Care 0.4942 0.00020 193.37 178.75 8.18%

45 CMC Computer - H 0.3548 0.01004 1,079.86 1,044.65 3.37%

46 COLPAL Personal Care 0.7042 0.00000 371.78 384.65 3.35% 47 CONCOR Transport 0.9317 0.00000 2,121.84 1,977.15 7.32%

48 CORPBANK Banking 0.3058 0.05396 400.02 426.10 6.12%

49 CROMPGREAV Electrical Equ 0.9368 0.00000 405.68 407.30 0.40%

50 CUMMINSIND Engines 0.8400 0.00000 379.44 407.30 6.84%

51 DABUR Personal Care 0.6165 0.00001 101.33 106.90 5.21% 52 DENABANK Banking 0.9493 0.00000 60.99 65.50 6.89%

53 D-LINK Computer - H 0.2154 0.14357 82.92 76.20 8.82%

54 DREDGECORP Miscellaneous 0.2796 0.08544 639.77 667.40 4.14% 140 DRREDDY Pharmaceuticals 0.5592 0.00215 571.28 620.95 8.00%

55 EIHOTEL Hotels 0.6669 0.00000 134.07 138.90 3.48%

56 ENGINERSIN Engineering 0.7324 0.00005 827.73 829.25 0.18% 57 ESCORTS Automobiles 0.7210 0.00320 121.40 119.70 1.42%

58 ESSELPACK Packaging 0.7835 0.00002 48.87 52.20 6.37% 59 EXIDEIND Auto Ancillaries 0.7502 0.00000 77.37 75.45 2.55%

60 FDC Pharmaceuticals 0.3652 0.12935 31.57 29.75 6.13%

61 FEDERALBNK Banking 0.8035 0.00013 389.68 390.25 0.15%

62 FINPIPE Petrochemicals 0.9164 0.00005 72.91 74.00 1.47%

63 GAIL Gas 0.7121 0.00369 402.47 411.65 2.23%

64 GEOMETRIC Computer - S 0.3306 0.24541 96.24 96.90 0.68% 69 GESHIP Shipping 0.9146 0.00005 474.91 484.25 1.93% 65 GILLETTE Personal Care 0.7290 0.00076 840.76 847.45 0.79% 72 GIPCL Power 0.3766 0.15101 64.15 65.05 1.38% 66 G LAX° Food Processing 0.7173 0.00014 645.85 661.40 2.35% 73 GNFC Fertilizers 0.7689 0.00000 161.56 165.80 2.55% 67 GODREJCP Personal Care 0.8506 0.00000 126.97 123.20 3.06%

68 GRASIM Cement 0.8737 0.00001 3,709.37 3,704.05 0.14%

70 GTL Computer - S 0.8309 0.00001 229.83 259.55 11.45%

71 GUJRATGAS Gas 0.7250 0.00043 1,638.12 1,709.50 4.18%

74 HCL-INSYS Computer - H 0.2684 0.13110 293.75 311.05 5.56%

75 HCLTECH Computer - S 0.6921 0.00001 215.41 223.10 3.45% 77 HDFC Finance - H 0.7497 0.00000 2,753.83 2,773.20 0.70%

76 HDFCBANK Banking 0.9665 0.00000 1,657.38 1,653.10 0.26%

78 HEROHONDA Automobiles 0.9671 0.00000 733.13 726.85 0.86% 79 HEXAWARE Computer - S 0.8125 0.03517 127.42 125.15 1.82%

81 HINDALCO Aluminium 0.7563 0.00000 190.32 196.30 3.05%

82 HINDPETRO Refineries 0.7736 0.00000 240.03 239.55 0.20%

83 HINDUNILVR Diversified 0.4801 0.00020 227.19 207.60 9.44%

80 HINDZINC Metals 0.9555 0.00000 945.52 906.25 4.33%

84 ICI Paints 0.7774 0.00000 516.88 521.00 0.79%

85 ICICIBANK Banking 0.9474 0.00000 1,208.04 1,257.00 3.89%

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Sr. No.

NAME Industry

Classification R2 P-Value Forecast Closing

Price

Actual Closing

Price Variation

86 I-FLEX Computer - S 0.8687 0.00000 2,230.93 2,204.50 1.20%

87 IGL Computer - S 0.3697 0.06268 354.29 357.00 0.76% 89 INDHOTEL Hotels 0.7932 0.00000 149.58 144.95 3.19% 88 INDIACEM Cement 0.6604 0.19787 300.97 282.25 6.63% 91 INDORAMSYN Textiles - S 0.4105 0.09275 57.94 57.85 0.15% 92 INDUSINDBK Banking 0.5996 0.00011 51.80 51.15 1.27% 93 INFOSYSTCH Computer - S 0.9785 0.00000 2,115.43 2,124.55 0.43% 95 INGERRAND Compressors 0.3608 0.02786 305.55 304.25 0.43% 94 INGVYSYABK Banking 0.9325 0.25977 289.68 260.40 11.24% 90 10B Banking 0.8004 0.00000 136.58 133.40 2.38% 96 IOC Refineries 0.4575 0.00750 478.47 481.70 0.67% 97 IPCALAB Pharmaceuticals 0.5833 0.00523 634.56 640.75 0.97% 98 IPCL Petrochemicals 0.7608 0.00000 478.85 483.10 0.88% 99 ITC Cigarettes 0.8925 0.00000 177.94 179.15 0.68% 100 JBCHEPHARM Pharmaceuticals 0.5390 0.00442 72.58 73.15 0.78% 104 JINDALS&P Steel 0.8902 0.00000 4,838.28 5,191.75 6.81% 102 JINDALSAW Steel 0.4414 0.41749 897.84 787.20 14.06% 103 JINDALSTEL Steel 0.5017 0.04354 186.17 166.65 11.71% 101 JPASSOCIAT Construction 0.9047 0.00003 1,139.24 1,097.60 3.79% 105 JSWSTEEL Steel 0.9444 0.01312 1,011.78 957.75 5.64% 106 KOTAKBANK Banking 0.7539 0.00022 1,044.03 1,000.00 4.40% 108 LICHSGFIN Finance - H 0.6049 0.00001 351.05 354.40 0.95% 107 LT Engineering 0.8080 0.00000 4,014.33 4,244.55 5.42% 109 LUPIN Pharmaceuticals 0.4735 0.00591 619.71 586.70 5.63% 110 M&M Automobiles - 4 0.6658 0.00016 812.94 828.45 1.87% 111 MAHSEAMLES Steel 0.8765 0.00000 594.74 608.15 2.20% 112 MARUTI Automobiles - 4 0.8337 0.00002 1,128.20 1,073.55 5.09% 113 MASTEK Computer - S 0.9130 0.00000 331.29 330.70 0.18% 114 MERCK Pharmaceuticals 0.3872 0.05294 408.82 387.60 5.48% 115 MICO Auto Ancillaries 0.7272 0.00000 4,447.13 4,252.85 4.57% 116 MICRO Miscellaneous 0.6540 0.00172 358.11 376.95 5.00% 117 MIRCELECTR Consumer Durables 0.3892 0.00211 18.60 19.60 5.12% 118 MOSERBAER Computer - H 0.5763 0.00245 291.01 282.95 2.85% 119 MPHASIS Computer - S 0.7550 0.00011 316.97 313.00 1.27% 120 MRPL Refineries 0.5844 0.00516 56.06 59.05 5.06% 121 MTNL Telecommunication 0.4250 0.03616 169.81 179.55 5.43% 122 NATIONALUM Aluminium 0.8841 0.00000 327.49 322.60 1.52% 123 NESTLE Food Processing 0.6991 0.00022 1,244.97 1,281.45 2.85% 124 NEYVELILIG Power 0.3163 0.05776 75.60 81.65 7.41% 125 NICOLASPIR Pharmaceuticals 0.4709 0.03016 306.64 299.95 2.23% 126 NIRMA Detergents 0.4487 0.02086 151.39 151.75 0.24% 127 NOVARTIS Pharmaceuticals 0.1210 0.49206 301.50 318.35 5.29% 128 NTPC Power 0.8642 0.00680 179.30 165.65 8.24%

130 ONGC Oil Exploration 0.7321 0.00001 1,347.28 1,330.20 1.28%

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Sr. No.

NAME Industry

Classification R2 P-Value Forecast Closing

Price

Actual Closing

Price Variation

131 ORCHIDCHEM Pharmaceuticals 0.6441 0.00001 228.15 228.05 0.04%

129 ORIENTBANK Banking 0.8038 0.00003 223.07 228.50 2.37%

132 PFIZER Pharmaceuticals 0.6141 0.00128 690.81 709.50 2.63%

134 PGHH Health Care 0.7420 0.00004 763.31 741.95 2.88%

133 PIDILITIND Chemicals - 0 0.8634 0.00013 206.98 205.50 0.72%

135 POLARIS Computer - S 0.0590 0.51219 112.18 112.05 0.11%

136 PUNJABTRAC Automobiles - 4 0.3864 0.02566 246.08 245.20 0.36%

137 RANBAXY Pharmaceuticals 0.6896 0.00028 395.24 427.05 7.45%

138 RAYMOND Textiles 0.8436 0.00001 356.78 353.10 1.04%

139 RCF Fertilizers 0.3362 0.06969 55.38 55.65 0.48%

142 REL Power 0.8170 0.00000 1,363.47 1,349.40 1.04%

141 RELCAPITAL Finance 0.9400 0.00000 1,662.99 1,626.55 2.24%

143 RELIANCE Refineries 0.8084 0.00000 2,234.16 2,289.35 2.41%

144 ROLTA Computer - S 0.8751 0.00000 686.69 695.10 1.21%

145 SAIL Steel 0.8886 0.00000 224.79 243.45 7.67%

146 SATYAMCOMP Computer - S 0.6676 0.00002 521.28 477.65 9.13%

147 SBIN Banking 0.7446 0.00028 2,102.58 2,068.15 1.66%

148 SCI Shipping 0.6465 0.00000 232.61 240.50 3.28%

149 SIEMENS Electrical Equ 0.8827 0.00000 2,041.56 1,953.05 4.53%

150 SKFINDIA Bearing 0.8105 0.00000 449.34 411.10 9.30%

151 STERLITE Pharmaceuticals 0.9115 0.00006 1,024.89 1,039.00 1.36%

152 SUNPHARMA Pharmaceuticals 0.9458 0.00000 1,038.53 1,054.20 1.49%

153 SUZLON Electrical Equ 0.6818 0.31824 2,082.40 1,973.65 5.51%

154 SYNDI BANK Banking 0.9026 0.00000 92.17 89.10 3.45%

156 TATACHEM Chemicals - I 0.8090 0.00058 327.75 321.90 1.82%

157 TATAELXSI Computer - H 0.9131 0.00000 315.14 314.40 0.24%

158 TATAMOTORS Automobiles - 4 0.3564 0.64360 783.25 757.70 3.37%

159 TATAPOWER Power 0.8912 0.00005 952.50 976.65 2.47%

160 TATASTEEL Steel 0.8146 0.00000 733.55 757.70 3.19%

161 TATATEA Tea & Coffee 0.7743 0.00000 905.08 821.45 10.18%

162 TCS Computer - S 0.9543 0.00000 1,016.17 1,037.90 2.09%

163 THERMAX Electrical Equ 0.9088 0.00000 873.26 855.05 2.13%

164 TITAN Watches 0.8075 0.00060 1,767.51 1,755.50 0.68%

155 TNPL Paper 0.6000 0.01620 106.65 104.70 1.87%

165 TORNTPHARM Pharmaceuticals 0.9628 0.03723 182.88 184.90 1.09%

166 TVSMOTOR Automobiles 0.7669 0.23311 58.97 58.10 1.49%

167 UNIONBANK Banking 0.7815 0.00011 170.42 173.95 2.03%

168 VIJAYABANK Banking 0.7813 0.00001 61.55 61.65 0.16%

169 WELGUJ Steel 0.9982 0.04216 328.98 328.65 0.10%

170 WIPRO Computer - S 0.9613 0.00000 500.12 504.80 0.93%

171 WOCKPHARMA Pharmaceuticals 0.7921 0.00004 442.02 420.25 5.18%

172 WYETH Pharmaceuticals 0.7960 0.00000 454.93 457.00 0.45%

173 ZEEL Media 0.7696 0.00015 333.68 331.75 0.58%

297

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111

-4

Appendix xi - Results of Sensex Stocks using Probabilistic Growth Model (First Period)

Sr. No.

Particulars Forecast Price Actual Price Variation Name Classification CI.Price H.Price L.Price CI.Price H.Price L.Price CI.Price H.Price L.Price

1 ACC Cement 1,174.07 1,187.81 1,144.67 1,209.85 1,230.00 1,024.00 2.96% 3.43% 11.78% 2 Ambuja Cement Cement 144.65 146.28 143.03 147.35 148.75 144.00 1.83% 1.66% 0.68% 3 Bajaj Auto Automobiles 2,527.96 2,568.45 2,487.47 2,484.10 2,545.00 2,470.00 1.77% 0.92% 0.71% 4 Bharti Airtel Telecom 946.58 964.65 928.90 942.30 962.00 933.00 0.45% 0.28% 0.44% 5 BHEL Electricals 1,943.96 1,966.43 1,921.50 1,990.05 2,070.00 1,984.25 2.32% 5.00% 3.16% 6 CIPLA Health Care 182.38 185.42 180.25 188.65 190.00 183.30 3.32% 2.41% 1.66% 7 Grasim Industries Cement 3,556.76 3,600.20 3,513.31 3,599.50 3,630.00 3,450.10 1.19% 0.82% 1.83% 9 HDFC Bank Banking 1,382.27 1,409.35 1,355.19 1,404.00 1,448.05 1,390.00 1.55% 2.67% 2.50% 8 HDFC Finance - H 2,479.17 2,529.43 2,428.92 2,508.40 2,543.90 2,450.00 1.17% 0.57% 0.86% 10 Hindalco Alluminium 174.75 177.47 172.20 172.40 176.20 170.30 1.37% 0.72% 1.11% 11 HUL Diversified 224.14 226.95 221.33 222.40 224.85 219.45 0.78% 0.93% 0.86% 12 ICICI Bank Banking 1,072.91 1,095.90 1,049.92 1,058.05 1,069.00 1,035.00 1.40% 2.52% 1.44% 13 Infosys Technologies Computer - S 1,870.24 1,902.41 1,850.69 1,893.10 1,909.00 1,853.10 1.21% 0.35% 0.13% 14 ITC Cigarettes 191.73 194.99 188.46 185.95 192.10 184.90 3.11% 1.51% 1.92% 15 L&T Engineering 2,921.32 2,959.58 2,883.06 2,814.60 2,851.00 2,750.00 3.79% 3.81% 4.84% 16 M&M Automobiles 750.27 766.00 734.59 759.20 776.00 753.00 1.18% 1.29% 2.45% 17 Maruti Udyog Automobiles 972.41 996.19 948.70 991.75 1,011.00 900.00 1.95% 1.46% 5.41% 18 NTPC Power 197.65 202.87 192.46 206.00 207.90 194.65 4.05% 2.42% 1.12% 19 ONGC Oil Exploration 1,014.12 1,031.60 996.64 997.10 1,015.00 958.00 1.71% 1.64% 4.03% 20 Ranbaxy Pharmaceuticals 453.18 460.51 445.86 441.00 443.80 432.00 2.76% 3.76% 3.21% 21 Reddy Lab . Pharmaceuticals 654.65 661.37 649.16 658.45 665.25 645.05 0.58% 0.58% 0.64% 22 Reliance Comm Telecom 590.80 600.70 580.90 611.90 621.40 584.00 3.45% 3.33% 0.53% 23 ' Reliance Energy Power 1,267.42 1,304.71 1,230.14 1,349.40 1,385.00 1,235.25 6.08% 5.80% 0.41% 24 RIL Refineries 2,382.95 2,427.44 2,338.45 2,289.35 2,327.80 2,264.25 4.09% 4.28% 3.28% 25 Satyam Comp Computer - S 435.09 442.24 432.36 442.75 448.90 435.25 1.73% 1.48% 0.66% 26 SBI Banking 1,883.67 1,918.21 1,849.14 1,893.50 1,984.00 1,886.00 0.52% 3.32% 1.95% 27 Tata Motors Automobiles 778.06 789.74 766.41 773.05 787.00 765.00 0.65% 0.35% 0.18% 28 Tata Steel Steel 840.06 853.17 827.08 841.00 861.90 834.70 0.11% 1.01% 0.91% 29 TCS Computer - S 1,049.77 1,066.91 1,038.20 1,038.55 1,063.00 1,023.15 1.08% 0.37% 1.47% 30 Wipro Computer - S 458.99 467.12 456.49 453.95 465.00 445.75 1.11% 0.46% 2.41%

298

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Appendix xii - Results of Sensex Stocks using Probabilistic Growth Model (Second Period)

Sr. No.

Particulars Forecasted Price Actual Price Variation Name Classification CI.Price H.Price L.Price CI.Price H.Price L.Price CI.Price H.Price L.Price

1 ACC Cement 1,026.01 1,044.77 1,020.67 1,028.10 1,038.80 1,020.00 0.20% 0.57% 0.07% 2 Ambuja Cement Cement 146.23 147.84 146.06 148.45 149.85 145.60 1.50% 1.34% 0.32% 3 Bajaj Auto Automobiles 2,631.73 2,674.79 2,588.90 2,604.30 2,635.00 2,601.00 1.05% 1.51% 0.47% 4 Bharti Airtel Telecom 995.86 1,026.49 970.30 967.55 1,010.00 964.00 2.93% 1.63% 0.65% 5 BHEL Electricals 2,539.92 2,597.97 2,534.14 2,584.45 2,599.00 2,563.00 1.72% 0.04% 1.13% 6 CIPLA Health Care 210.29 214.02 206.56 211.65 215.00 210.50 0.64% 0.46% 1.87% 7 Grasim Industries Cement 3,692.68 3,751.31 3,679.93 3,762.40 3,830.00 3,606.00 1.85% 2.05% 2.05% 9 HDFC Bank Banking 1,703.32 1,742.53 1,676.62 1,731.00 1,740.00 1,702.10 1.60% 0.15% 1.50% 8 HDFC Finance - H 2,872.34 2,955.33 2,801.70 2,918.75 2,932.00 2,850.00 1.59% 0.80% 1.69% 10 Hindalco Alluminium 219.89 225.66 214.21 215.40 219.50 213.55 2.08% 2.80% 0.31% 11 HUL Diversified 216.42 219.08 214.21 218.10 221.75 212.60 0.77% 1.21% 0.76% 12 ICICI Bank Banking 1,200.03 1,232.04 1,190.43 1,230.95 1,239.70 1,221.20 2.51% 0.62% 2.52% 13 Infosys Technologies Computer - S 1,712.87 1,749.91 1,675.90 1,749.70 1,777.15 1,743.00 2.10% 1.53% 3.85% 14 ITC Cigarettes 221.75 225.39 218.12 217.60 220.90 210.50 1.91% 2.03% 3.62% 15 L&T Engineering 4,150.90 4,211.56 4,124.34 4,145.35 4,205.00 4,130.00 0.13% 0.16% 0.14% 16 M&M Automobiles 869.10 882.03 856.17 864.85 872.00 852.50 0.49% 1.15% 0.43% 17 Maruti Udyog Automobiles 992.05 1,013.14 988.47 991.75 1,005.00 988.00 0.03% 0.81% 0.05% 18 NTPC Power 250.21 256.21 246.50 256.80 258.25 249.60 2.56% 0.79% 1.24% 19 ONGC Oil Exploration 1,253.44 1,284.30 1,237.44 1,249.50 1,253.90 1,225.35 0.31% 2.42% 0.99% 20 Ranbaxy Pharmaceuticals 422.15 429.45 418.41 422.85 432.00 420.25 0.16% 0.59% 0.44% 21 Reddy Lab Pharmaceuticals 723.90 734.85 712.95 721.55 736.00 720.05 0.33% 0.16% 0.99% 22 Reliance Comm Telecom 740.46 756.59 728.22 740.90 750.00 739.00 0.06% 0.88% 1.46% 23 Reliance Energy Power 2,209.16 2,270.16 2,151.11 2,279.00 2,289.00 2,134.60 3.06% 0.82% 0.77% 24 RIL Refineries 2,832.12 2,889.45 2,801.23 2,847.10 2,950.00 2,834.40 0.53% 2.05% 1.17% 25 Satyam Comp Computer - S 443.27 452.76 435.44 443.60 451.00 442.00 0.08% 0.39% 1.48% 26 SBI Banking 2,339.10 2,378.28 2,302.69 2,385.25 2,397.00 2,360.10 1.93% 0.78% 2.43% 27 Tata Motors Automobiles 757.77 773.56 743.79 763.05 765.50 740.00 ' 0.69% 1.05% 0.51% 28 Tata Steel Steel 918.18 941.97 898.21 933.20 952.00 930.05 1.61% 1.05% 3.42% 29 TCS Computer - S 1,078.53 1,101.56 1,055.75 1,053.65 1,078.00 1,052.00 2.36% 2.19% 0.36% 30 Wipro Computer - S 521.09 535.09 507.93 515.60 528.00 515.00 1.06% 1.34% 1.37%

299

4

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Appendix xiii - Results of Sensex Stocks using Probabilistic Growth Model (Third Period)

Sr. No.

Particulars Forecasted Price Actual Price Variation Name Classification CI.Price H.Price L.Price CI.Price H.Price L.Price CI.Price H.Price L.Price

1 ACC Cement 788.82 831.45 778.09 755.35 792.00 741.10 4.43% 4.98% 4.99% 2 Ambuja Cement Cement 115.05 117.68 115.05 118.65 120.90 115.30 3.03% 2.67% 0.22% 3 Bajaj Auto Automobiles 2,402.48 2,533.71 2,362.94 2,449.65 2,460.00 2,325.65 1.93% 3.00% 1.60% 4 Bharti Airtel Telecom 872.07 900.78 870.54 907.75 921.00 858.10 3.93% 2.20% 1.45% 5 BHEL Electricals 2,092.31 2,159.94 2,092.23 2,065.35 2,095.00 2,042.10 1.31% 3.10% 2.45% 6 CIPLA Health Care 184.59 190.02 184.58 196.25 197.85 185.05 5.94% 3.96% 0.26% 7 Grasim Industries Cement 2,948.32 3,046.14 2,948.01 3,006.95 3,030.10 2,847.00 1.95% 0.53% 3.55% 9 HDFC Bank Banking 1,579.90 1,634.69 1,574.75 1,567.25 1,599.00 1,488.00 0.81% 2.23% 5.83% 8 HDFC Finance - H 2,912.83 3,006.85 2,890.07 2,998.30 3,008.80 2,839.00 2.85% 0.06% 1.80% 10 Hindalco Alluminium 173.85 183.08 173.60 176.90 178.20 161.10 1.73% 2.74% 7.76% 11 HUL Diversified 199.62 205.52 198.96 207.80 209.40 203.45 3.94% 1.85% 2.21% 12 ICICI Bank Banking 1,198.53 1,255.10 1,170.12 1,197.75 1,211.00 1,130.00 0.07% 3.64% 3.55% 13 lnfosys Technologies Computer - S 1,450.57 1,493.19 1,449.75 1,591.10 1,599.00 1,510.35 8.83% 6.62% 4.01% 14 ITC Cigarettes 199.06 207.02 197.90 204.85 207.10 194.55 2.83% 0.04% 1.72% 15 L&T Engineering 3,801.30 3,943.17 3,780.16 3,721.55 3,739.80 3,601.25 2.14% 5.44% 4.97% 16 M&M Automobiles 686.27 711.82 686.23 674.30 692.00 650.00 1.77% 2.86% 5.57% 17 Maruti Udyog Automobiles 862.59 882.65 862.57 904.75 915.00 830.00 4.66% 3.54% 3.92% 18 NTPC Power 207.62 219.31 206.63 205.50 206.40 198.70 1.03% 6.25% 3.99% 19 ONGC Oil Exploration 1,004.62 1,046.12 1,003.79 1,044.50 1,060.00 989.00 3.82% 1.31% 1.50% 20 Ranbaxy Pharmaceuticals 350.49 361.60 350.42 359.65 368.00 349.95 2.55% 1.74% 0.13% 21 Reddy Lab Pharmaceuticals 565.05 584.03 565.05 528.75 545.00 520.05 6.87% 7.16% 8.65% 22 Reliance Comm Telecom 644.14 672.27 642.76 611.80 618.00 576.80 5.29% 8.78% 11.44% 23 Reliance Energy Power 2,017.44 2,141.00 1,912.00 2,015.00 2,037.00 1,895.00 0.12% 5.11% 0.90% 24 RIL Refineries 2,563.57 2,662.66 2,558.43 2,541.65 2,561.00 2,424.00 0.86% 3.97% 5.55% 25 Satyam Comp Computer - S 413.15 426.33 411.26 421.05 425.00 397.00 1.88% 0.31% 3.59% 26 SBI Banking 2,219.17 2,278.19 2,189.88 2,185.55 2,204.60 2,118.50 1.54% 3.34% 3.37% 27 Tata Motors Automobiles 731.67 754.48 723.05 754.30 760.00 704.90 3.00% 0.73% 2.57% 28 Tata Steel Steel 699.49 723.42 699.29 698.81 702.90 661.95 0.10% 2.92% 5.64% 29 TCS Computer - S 856.56 889.65 855.01 929.25 941.00 876.00 7.82% 5.46% 2.40% 30 Wipro Computer - S 407.97 419.44 407.80 437.30 445.10 406.55 6.71% 5.76% 0.31%

300

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Appendix xiv - Results of Sensex Stocks using Probabilistic Growth Model (Fourth Period)

Sr. No.

Particulars Forecasted Price Actual Price Variation Name Classification CI.Price H.Price L.Price CI.Price H.Price L.Price. CI.Price H.Price L.Price

1 ACC Cement 1,029.74 1,056.54 1,007.87 1,028.10 1,038.80 1,020.00 0.16% 1.71% 1.19% 2 Ambuja Cement Cement 149.90 151.82 147.98 148.45 149.85 145.60 0.98% 1.32% 1.64% 3 Bajaj Auto Automobiles 2,564.81 2,605.86 2,523.77 2,604.30 2,635.00 2,601.00 1.52% 1.11% 2.97% 4 Bharti Airtel Telecom 991.17 1,021.05 963.19 967.55 1,010.00 964.00 2.44% 1.09% 0.08% 5 BHEL Electricals 2,606.61 2,680.18 2,533.04 2,584.45 2,599.00 2,563.00 0.86% 3.12% 1.17% 6 CIPLA Health Care 211.64 215.88 207.39 211.65 215.00 210.50 0.01% 0.41% 1.48% 7 Grasim Industries Cement 3,707.05 3,778.96 3,635.14 3,762.40 3,830.00 3,606.00 1.47% 1.33% 0.81% 9 HDFC Bank Banking 1,754.50 1,804.49 1,704.50 1,731.00 1,740.00 1,702.10 1.36% 3.71% 0.14% 8 I HDFC Finance - H 2,907.01 2,983.48 2,830.55 2,918.75 2,932.00 2,850.00 0.40% 1.76% 0.68% 10 Hindalco Alluminium 207.17 213.28 201.06 215.40 219.50 213.55 3.82% 2.83% 5.85% 11 HUL Diversified 214.34 217.94 210.93 218.10 221.75 212.60 1.72% 1.72% 0.79% 12 ICICI Bank Banking 1,204.41 1,238.73 1,170.09 1,230.95 1,239.70 1,221.20 2.16% 0.08% 4.19% 13 Infosys Technologies Computer - S 1,759.94 1,800.74 1,751.99 1,749.70 1,777.15 1,743.00 0.59% 1.33% 0.52% 14 ITC Cigarettes 211.09 215.74 206.43 217.60 220.90 210.50 2.99% 2.33% 1.93% 15 L&T Engineering 4,096.11 4,218.05 3,974.16 4,145.35 4,205.00 4,130.00 1.19% 1 0.31% 3.77% 16 M&M Automobiles 826.33 845.17 807.49 864.85 872.00 852.50 4.45% 3.08% 5.28% 17 Maruti Udyog Automobiles 1,005.12 1,032.60 977.67 991.75 1,005.00 988.00 1.35% 2.75% 1.05% 18 NTPC Power 247.70 255.52 239.88 256.80 258.25 249.60 3.54% 1.06% 3.89% 19 ONGC Oil Exploration 1,270.54 1,307.29 1,233.78 1,249.50 1,253.90 1,225.35 1.68% 4.26% 0.69% 20 Ranbaxy Pharmaceuticals 435.57 442.88 428.85 422.85 432.00 420.25 3.01% 2.52% 2.05% 21 Reddy Lab Pharmaceuticals 736.69 747.33 726.05 721.55 736.00 720.05 2.10% 1.54% 0.83% 22 Reliance Comm Telecom 731.86 749.70 714.01 740.90 750.00 739.00 1.22% 0.04% 3.38% 23 Reliance Energy Power 2,201.42 2,305.74 2,097.10 2,279.00 2,289.00 2,134.60 3.40% 0.73% 1.76% 24 RIL Refineries 2,865.32 2,938.31 2,792.34 2,847.10 2,950.00 2,834.40 0.64% 0.40% 1.48% 25 Satyam Comp Computer - S 440.21 449.65 435.36 443.60 451.00 442.00 0.76% 0.30% 1.50% 26 SBI Banking 2,363.11 2,429.46 2,296.77 2,385.25 2,397.00 2,360.10 0.93% 1.35% 2.68% 27 Tata Motors Automobiles 774.42 789.95 759.25 763.05 765.50 740.00 1.49% 3.19% 2.60% 28 Tata Steel Steel 924.57 953.25 895.88 933.20 952.00 930.05 0.93% 0.13% 3.67% 29 TCS Computer - S 1,076.10 1,096.85 1,060.32 1,053.65 1,078.00 1,052.00 2.13% 1.75% 0.79% 30 Wipro Computer - S 511.84 523.37 500.38 515.60 528.00 515.00 0.73% 0.88% 2.84%

301

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Appendix xv - Results of Nifty Stocks using Probabilistic Growth Model (First Period)

Sr.

No.

Particulars Forecast Price Actual Price Variation

Name Classification CI.Price H.Price L.Price CI.Price H.Price L.Price CI.Price H.Price L.Price

1 ABB Electrical Equ 1,400.54 1,427.97 1,373.11 1,401.70 1,424.90 1,380.20 0.08% 0.22% 0.51%

2 ACC Cement 1,227.73 1,248.09 1,207.38 1,218.85 1,230.00 1,165.00 0.73% 1.47% 3.64%

3 AMBUJACEM Cement 150.33 152.43 148.22 151.50 153.95 147.10 0.78% 0.98% 0.76%

4 BAJAJAUTO Automobiles 2,607.09 2,650.41 2,563.84 2,621.75 2,674.65 2,590.00 0.56% 0.91% 1.01%

5 BHARTIARTL Telecommunication 1,064.85 1,084.36 1,045.41 1,070.90 1,184.20 1,049.00 0.56% 8.43% 0.34%

6 BHEL Electrical Equ 2,383.52 2,432.87 2,334.17 2,326.10 2,392.95 2,237.00 2.47% 1.67% 4.34%

7 BPCL Refineries 363.18 371.04 355.32 372.05 385.00 367.50 2.38% 3.63% 3.31%

8 CAIRN Power 184.06 187.62 180.51 179.20 180.75 174.00 2.71% 3.80% 3.74%

9 CIPLA Pharmaceuticals 192.05 196.12 189.17 193.10 194.00 187.00 0.54% 1.09% 1.16%

10 DRREDDY Pharmaceuticals 627.92 634.21 622.32 637.20 650.00 630.00 1.46% 2.43% 1.22%

11 GAIL Gas 396.11 407.18 385.16 383.75 408.00 378.10 3.22% 0.20% 1.87%

12 GLAXO Pharmaceuticals 1,080.84 1,103.07 1,080.57 1,117.65 1,129.00 1,077.60 3.29% 2.30% 0.28%

13 GRASIM Cement 3,771.58 3,831.76 3,711.40 3,652.45 3,694.70 3,600.00 3.26% 3.71% 3.09%

14 HCLTECH Computer - H 321.31 329.41 318.23 329.35 332.00 312.50 2.44% 0.78% 1.83%

15 HDFC Finance - H 2,516.19 2,571.67 2,460.71 2,508.95 2,555.00 2,490.55 0.29% 0.65% 1.20%

16 HDFCBANK Banking 1,428.91 1,458.97 1,398.85 1,416.95 1,450.00 1,396.10 0.84% 0.62% 0.20%

17 HEROHONDA Automobiles 743.03 757.16 729.08 753.80 759.45 721.60 1.43% 0.30% 1.04%

18 HINDALCO• Aluminum 168.86 171.97 165.77 170.25 171.90 162.50 0.82% 0.04% 2.01%

19 HINDUNILVR Diversified 223.90 227.60 220.21 224.05 226.70 220.50 0.07% 0.40% 0.13%

20 ICICIBANK Banking 1,103.76 1,132.18 1,075.37 1,070.55 1,078.00 1,053.00 3.10% 5.03% 2.12%

21 IDEA Telecommunication 143.11 145.96 140.48 142.10 144.50 136.50 0.71% 1.01% 2.91%

22 INFOSYSTCH Computer - S 2,094.77 2,139.16 2,057.06 2,125.05 2,141.95 2,060.00 1.42% 0.13% 0.14%

23 ITC Cigarettes 181.78 185.31 178.26 184.10 186.90 179.40 1.26% 0.85% 0.64%

24 LT Engineering 3,276.26 3,323.50 3,229.01 3,371.35 3,400.00 3,180.10 2.82% 2.25% 1.54%

25 M&M Automobiles 748.72 764.80 733.26 756.50 766.10 740.20 1.03% 0.17% 0.94%

302

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Sr.

No.

Particulars Forecast Price Actual Price Variation

Name Classification CI.Price H.Price L.Price CI.Price H.Price L.Price CI.Price H.Price L.Price

26 MARUTI Automobiles 1,130.30 1,156.03 1,104.57 1,101.05 1,135.00 1,076.00 2.66% 1.85% 2.65%

27 NATIONALUM Aluminum 309.31 316.09 302.57 302.85 315.00 294.50 2.13% 0.34% 2.74%

28 NTPC Power 216.63 222.39 210.88 219.30 223.90 210.60 1.22% 0.67% 0.13%

29 ONGC Oil Exploration 992.27 1,016.95 967.68 1,010.00 1,021.80 980.00 1.76% 0.47% 1.26%

30 PNB Banking 498.51 508.43 491.67 507.45 524.00 502.50 1.76% 2.97% 2.16%

31 RAN BAXY Pharmaceuticals 436.65 445.51 427.80 425.60 434.90 415.00 2.60% 2.44% 3.08%

32 RCOM Telecommunication 718.93 735.54 702.32 724.15 735.00 705.10 0.72% 0.07% 0.39%

33 REL Power 1,542.00 1,601.68 1,482.31 1,585.70 1,624.70 1,540.00 2.76% 1.42% 3.75%

34 RELIANCE Refineries 2,684.48 2,741.00 2,627.95 2,618.40 2,684.00 2,582.25 2.52% 2.12% 1.77%

35 RPL Petrochemicals 171.77 177.06 166.47 172.85 175.00 162.50 0.63% 1.18% 2.44%

36 SAIL Steel 206.27 211.06 201.49 212.50 215.20 201.50 2.93% 1.93% 0.00%

37 SATYAMCOMP Computer - S 485.14 495.15 481.81 483.25 491.00 468.80 0.39% 0.85% 2.78%

38 SBIN Banking 1,906.34 1,953.08 1,860.38 1,923.50 1,958.60 1,861.05 0.89% 0.28% 0.04%

39 SIEMENS Electrical Equ 1,460.40 1,496.02 1,425.03 1,419.60 1,438.30 1,386.20 2.87% 4.01% 2.80%

40 STER Metals 756.49 779.87 733.22 766.60 777.90 761.05 1.32% 0.25% 3.66%

41 SUNPHARMA Pharmaceuticals 907.46 921.50 895.71 920.85 941.95 918.00 1.45% 2.17% 2.43%

42 SUZLON Electrical Equ 1,793.27 1,849.08 1,737.46 1,769.80 1,793.70 1,680.00 1.33% 3.09% 3.42%

43 TATAMOTORS Automobiles 810.65 826.68 794.62 806.70 818.90 773.65 0.49% 0.95% 2.71%

44 TATAPOWER Power 1,072.77 1,103.82 1,041.72 1,097.90 1,140.00 995.00 2.29% 3.17% 4.70%

45 TATASTEEL Steel 845.15 873.89 816.45 848.10 857.00 839.60 0.35% 1.97% 2.76%

46 TCS Computer - S 1,110.06 1,130.75 1,105.48 1,125.50 1,130.25 1,098.40 1.37% 0.04% 0.64%

47 UNITECH Cement 345.23 357.81 332.71 333.25 342.40 325.00 3.60% 4.50% 2.37%

48 VSNL Telecommunication 487.68 500.57 479.71 502.25 510.00 468.10 2.90% 1.85% 2.48%

49 WIPRO Computer - S 516.68 526.35 511.44 503.30 506.25 484.05 2.66% 3.97% 5.66%

50 ZEEL Media 341.43 349.75 333.27 340.25 346.45 335.00 0.35% 0.95% 0.52%

303

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Appendix xvi - Results of Nifty Stocks using Probabilistic Growth Model (Second Period)

Sr.

No.

Particulars Forecast Price Actual Price Variation

Name Classification CI.Price H.Price L.Price CI.Price H.Price L.Price CI.Price H.Price L.Price

1 ABB Electrical Equ 1,490.83 1,519.27 1,488.14 1,492.70 1,510.00 1,485.10 0.13% 0.61% 0.20%

2 ACC Cement 987.27 1,004.12 984.33 938.85 979.70 935.00 5.16% 2.49% 5.28%

3 AMBUJACEM Cement 142.59 144.13 142.04 141.35 145.00 140.10 0.88% 0.60% 1.38%

4 BAJAJAUTO Automobiles 2,534.06 2,575.89 2,492.50 2,512.25 2,619.00 2,500.00 0.87% 1.65% 0.30%

5 BHARTIARTL Telecommunication 958.88 988.51 951.15 967.45 978.00 955.30 0.89% 1.07% 0.43%

6 BHEL Electrical Equ 2,494.17 2,555.43 2,486.48 2,434.55 2,498.00 2,427.40 2.45% 2.30% 2.43%

7 BPCL Refineries 426.94 443.70 410.18 437.20 472.00 435.00 2.35% 5.99% 5.71%

8 CAIRN Power 246.27 253.35 239.30 242.55 255.00 237.00 1.53% 0.65% 0.97%

9 CIPLA Pharmaceuticals 202.94 206.40 199.49 202.80 211.85 200.60 0.07% 2.57% 0.55%

10 DRREDDY Pharmaceuticals 682.08 694.29 669.88 682.05 704.90 672.15 0.01% 1.51% 0.34%

11 GAIL Gas 504.17 520.88 487.47 488.00 523.00 484.35 3.31% 0.40% 0.64%

12 GLAXO Pharmaceuticals 1,054.84 1,076.54 1,050.38 1,078.55 1,132.95 1,065.00 2.20% 4.98% 1.37%

13 GRASIM Cement 3,430.95 3,500.24 3,391.83 3,371.50 3,450.00 3,360.00 1.76% 1.46% 0.95%

14 HCLTECH Computer - H 299.38 305.72 297.10 300.10 308.40 299.00 0.24% 0.87% 0.63%

15 HDFC Finance - H 3,196.91 3,281.15 3,114.68 3,131.65 3,219.70 3,100.55 2.08% 1.91% 0.46%

16 HDFCBANK Banking 1,738.14 1,794.49 1,681.94 1,722.00 1,797.60 1,705.15 0.94% 0.17% 1.36%

17 HEROHONDA Automobiles 694.66 705.79 694.03 683.30 690.00 676.10 1.66%, 2.29% 2.65%

18 HINDALCO Aluminum 201.51 207.59 196.76 201.30 212.85 199.75 0.11% 2.47% 1.50%

19 HINDUNILVR Diversified 231.23 235.79 227.30 228.55 236.00 226.50 1.17% 0.09% 0.35%

20 ICICIBANK Banking 1,348.91 1,389.28 1,320.28 1,356.15 1,400.00 1,320.00 0.53% 0.77% 0.02%

21 IDEA Telecommunication 140.91 144.98 137.83 137.75 140.45 134.50 2.29% 3.23% 2.47%

22 INFOSYSTCH Computer - S 1,632.38 1,669.35 1 1,606.52 1,602.55 1,690.00 1,588.00 1.86% 1.22% 1.17%

23 ITC Cigarettes 215.53 220.98 210.08 219.80 230.00 218.15 1.94% 3.92% 3.70%

304

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Sr.

No.

Particulars Forecast Price Actual Price Variation

Name Classification CI.Price H.Price L.Price CI.Price H.Price L.Price CI.Price H.Price L.Price

24 LT Engineering 4,200.53 4,288.08 4,138.80 4,211.25 4,389.80 4,185.00 0.25% 2.32% 1.10%

25 M&M Automobiles 799.68 816.75 788.01 805.10 829.00 798.00 0.67% 1.48% 1.25%

26 MARUTI Automobiles 933.31 951.20 929.06 909.20 941.75 905.05 2.65% 1.00% 2.65%

27 NATIONALUM Aluminum 476.81 501.93 451.90 478.35 507.00 474.10 0.32% 1.00% 4.68%

28 NTPC Power 267.39 275.89 259.46 265.85 283.45 263.45 0.58% 2.67% 1.51%

29 ONGC Oil Exploration 1,300.81 1,333.90 1,278.79 1,294.15 1,327.70 1,280.70 0.51% 0.47% 0.15%

30 PNB Banking 642.20 661.53 622.89 650.60 680.00 638.00 1.29% 2.72% 2.37%

31 RANBAXY Pharmaceuticals 398.92 405.90 395.18 398.50 415.80 394.20 0.11% 2.38% 0.25%

32 RCOM Telecommunication 805.55 823.15 798.38 796.05 844.70 790.25 1.19% 2.55% 1.03%

33 REL Power 2,426.62 2,512.72 2,340.53 2,463.20 2,630.00 2,425.65 1.49% 4.46% 3.51%

34 RELIANCE Refineries 3,080.71 3,148.33 3,017.67 3,027.80 3,097.50 3,015.00 1.75% 1.64% 0.09%

35 RPL Petrochemicals 224.17 233.58 214.78 217.95 234.00 215.25 2.85% 0.18% 0.22%

36 SAIL Steel 254.29 261.84 248.58 248.85 264.90 246.05 2.19% 1.16% 1.03%

37 SATYAMCOMP Computer - S 422.04 431.30 421.95 420.65 432.80 417.50 0.33% 0.35% 1.07%

38 SBIN Banking 2,438.65 2,494.32 2,383.22 2,409.60 2,505.00 2,378.00 1.21% 0.43% 0.22%

39 SIEMENS Electrical Equ 2,042.77 2,102.00 1,985.15 2,004.15 2,084.00 1,995.00 1.93% 0.86% 0.49%

40 STER Metals 1,039.40 1,078.32 1,015.88 1,016.35 1,066.45 1,002.60 2.27% 1.11% 1.32%

41 SUNPHARMA Pharmaceuticals 1,117.46 1,144.58 1,093.68 1,096.00 1,113.00 1,083.00 1.96% 2.84% 0.99%

42 SUZLON Electrical Equ 2,171.99 2,224.92 2,121.39 2,209.30 2,260.50 2,190.00 1.69% 1.57% 3.13%

43 TATAMOTORS Automobiles 776.31 791.76 761.77 749.20 802.00 744.10 3.62% 1.28% 2.38%

44 TATAPOWER Power 1,500.64 1,547.55 1,453.82 1,500.30 1,579.90 1,480.20 0.02% 2.05% 1.78%

45 TATASTEEL Steel 844.56 865.05 826.21 854.15 920.00 850.00 1.12% 5.97% 2.80%

46 TCS Computer - S 970.68 991.32 963.02 981.65 1,009.50 962.00 1.12% 1.80% 0.11%

47 UNITECH Cement 520.52 538.86 502.19 517.70 534.50 512.00 0.55% 0.82% 1.92%

48 VSNL Telecommunication ' 678.60 710.06 647.17 673.85 708.50 665.30 0.70% 0.22% 2.73%

49 WIPRO Computer - S 487.35 499.61 481.06 487.70 501.90 485.00 0.07% 0.46% 0.81%

50 ZEEL Media 296.02 303.60 292.26 292.45 309.40 288.00 1.22% 1.87% 1.48% 305

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Appendix xvii - Results of Nifty Stocks using Probabilistic Growth Model (Third Period)

Sr. No.

Particulars Forecast Price Actual Price Variation Name Classification CI.Price H.Price L.Price CI.Price H.Price L.Price CI.Price H.Price L.Price

1 ABB Electrical Equ 1,267.16 1,320.78 1,264.01 1,261.95 1,290.00 1,202.10 0.41% 2.39% 5.15%

2 ACC Cement 764.68 796.80 763.31 737.95 786.00 728.50 3.62% 1.37% 4.78%

3 AMBUJACEM Cement 114.32 116.68 112.45 115.15 117.75 113.55 0.72% 0.91% 0.97%

4 BAJAJAUTO Automobiles 2,069.30 2,180.04 1,978.69 2,142.05 2,300.00 2,052.25 3.40% 5.22% 3.58%

5 BHARTIARTL Telecommunication 904.55 933.20 899.08 848.20 944.70 825.00 6.64% 1.22% 8.98%

6 BHEL Electrical Equ 1,925.43 2,007.00 1,912.93 1,905.40 2,047.00 1,870.70 1.05% 1.95% 2.26%

7 BPCL Refineries 428.67 450.22 420.60 422.60 442.50 411.15 1.44% 1.74% 2.30%

8 CAIRN Power 180.04 190.64 176.30 190.55 197.90 180.15 5.51% 3.67% 2.13%

9 CIPLA Pharmaceuticals 188.84 196.82 185.98 185.80 197.00 182.55 1.63% 0.09% 1.88%

10 DRREDDY Pharmaceuticals 510.91 534.43 507.37 507.65 525.00 500.00 0.64% 1.80% 1.47%

11 GAIL Gas 383.71 403.15 374.35 385.60 425.00 376.35 0.49% 5.14% 0.53%

12 GLAXO Pharmaceuticals 926.01 961.04 922.93 937.85 943.90 900.00 1.26% 1.82% 2.55%

13 GRASIM Cement 2,754.55 2,876.82 2,738.37 2,734.05 2,870.00 2,661.15 0.75% 0.24% 2.90%

14 HCLTECH Computer - H 256.22 270.50 249.34 257.35 262.00 243.90 0.44% 3.24% 2.23%

15 HDFC Finance - H 2,753.63 2,843.04 2,689.31 2,627.60 2,799.00 2,555.00 4.80% 1.57% 5.26%

16 HDFCBANK Banking 1,397.07 1,452.29 1,379.15 1,410.75 1,469.00 1,350.70 0.97% 1.14% 2.11%

17 HEROHONDA Automobiles 703.18 736.57 683.57 687.85 715.00 675.30 2.23% 3.02% 1.22%

18 HINDALCO Aluminum 144.59 153.67 139.56 152.30 161.00 150.00 5.06% 4.55% 6.96%

19 HINDUNILVR Diversified 202.81 211.63 200.69 194.10 213.00 192.15 4.49% 0.64% 4.44%

20 ICICIBANK Banking 1,046.19 1,094.97 1,020.52 1,033.85 1,097.80 999.00 1.19% 0.26% 2.15%

21 IDEA Telecommunication 106.71 112.38 105.84 107.60 115.85 106.05 0.83% 2.99% 0.20%

22 INFOSYSTCH Computer - S 1,575.79 1,630.45 1,533.45 1,557.95 1,600.00 1,520.25 1.15% 1.90% 0.87%

23 ITC Cigarettes 184.32 192.95 181.17 185.40 199.80 179.00 0.58% 3.43% 1.21%

24 LT Engineering 3,331.81 3,476.43 3,274.59 3,317.45 3,598.80 3,280.00 0.43% 3.40% 0.16%

306

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Sr.

No.

Particulars Forecast Price Actual Price Variation

Name Classification CI.Price H.Price L.Price CI.Price H.Price L.Price CI.Price H.Price L.Price

25 M&M Automobiles 596.77 625.95 589.16 598.95 648.00 580.00 0.36% 3.40% 1.58%

26 MARUTI Automobiles 804.54 831.90 795.35 813.35 850.00 775.00 1.08% 2.13% 2.63%

27 NATIONALUM Aluminum 347.82 371.06 337.31 352.60 371.95 345.10 1.36% 0.24% 2.26%

28 NTPC Power 186.22 198.58 178.10 189.55 206.00 185.00 1.76% 3.60% 3.73%

29 ONGC Oil Exploration 983.48 1,043.58 972.19 941.80 1,000.00 905.00 4.43% 4.36% 7.42%

30 PNB Banking 628.18 664.60 606.55 609.15 639.00 593.00 3.12% 4.01% 2.29%

31 RANBAXY Pharmaceuticals 357.42 372.17 350.90 367.50 387.50 353.00 2.74% 3.96% 0.60%

32 1 RCOM Telecommunication 576.48 614.41 553.76 587.95 645.00 573.00 1.95% 4.74% 3.36%

33 REL Power 1,722.85 1,828.45 1,657.48 1,590.60 1,909.00 1,530.20 8.31% 4.22% 8.32%

34 RELIANCE Refineries 2,260.36 2,371.44 2,231.02 2,277.00 2,414.00 2,235.00 0.73% 1.76% 0.18%

35 RPL Petrochemicals 143.80 156.88 141.19 150.85 165.30 149.50 4.68% 5.10% 5.56%

36 I SAIL Steel 187.00 200.58 176.90 184.85 199.00 180.10 1.17% 0.79% 1.78%

37 SATYAMCOMP Computer - S 413.04 428.51 404.14 424.20 437.50 401.00 2.63% 2.06% 0.78%

38 SBIN Banking 2,044.09 2,122.40 2,001.95 2,051.00 2,266.90 2,001.70 0.34% 6.37% 0.01%

39 SIEMENS Electrical Equ 1,537.55 1,595.02 1,526.28 1,490.20 1,575.00 1,352.25 3.18% 1.27% 12.87%

40 STER Metals 673.36 711.98 660.67 701.50 759.00 680.00 4.01% 6.19% 2.84%

41 SUNPHARMA Pharmaceuticals 1,090.09 1,136.59 1,067.74 1,124.05 1,149.70 1,061.00 3.02% 1.14% 0.63%

42 SUZLON Electrical Equ 292.64 311.15 287.46 301.10 314.70 295.10 2.81% 1.13% 2.59%

43 TATAMOTORS Automobiles 701.65 730.12 690.17 700.85 723.80 685.00 0.11% 0.87% 0.75%

44 TATAPOWER Power 1,254.18 1,348.57 1,233.61 1,180.85 1,320.00 1,121.70 6.21% 2.16% 9.98%

45 TATASTEEL Steel 735.72 768.37 728.04 726.70 752.00 714.10 1.24% 2.18% 1.95%

46 TCS Computer - S 887.77 927.40 872.00 906.10 932.00 860.10 2.02% 0.49% 1.38%

47 UNITECH Cement 334.83 367.17 329.04 313.70 350.40 309.00 6.74% 4.79% 6.48%

48 VSNL Telecommunication 460.57 481.84 450.79 481.65 497.90 450.00 4.38% 3.23% 0.18%

49 WIPRO Computer - S 401.63 416.66 398.25 422.65 428.00 398.00 4.97% 2.65% 0.06%

50 ZEEL Media 244.19 255.74 241.10 247.15 251.40 231.00 1.20% 1.73% 4.37%

307

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Appendix xviii - Results of Nifty Stocks using Probabilistic Growth Model (Fourth Period)

Sr.

No.

Particulars Forecast Price Actual Price Variation

Name Classification CI.Price H.Price L.Price CI.Price H.Price L.Price CI.Price H.Price L.Price

1 ABB Electrical Equ 1,491.72 1,542.89 1,440.55 1,492.70 1,510.00 1,485.10 0.07% 2.18% 3.00%

2 ACC Cement 952.33 989.91 928.55 938.85 979.70 935.00 1.44% 1.04% 0.69%

3 AMBUJACEM Cement 145.85 148.30 143.40 141.35 145.00 140.10 3.18% 2.27% 2.36%

4 BAJAJAUTO Automobiles 2,532.11 2,598.43 2,467.81 2,512.25 2,619.00 2,500.00 0.79% 0.79% 1.29%

5 BHARTIARTL Telecommunication 966.25 994.43 940.12 967.45 978.00 955.30 0.12% 1.68% 1.59%

6 BHEL Electrical Equ 2,359.61 2,435.13 2,284.09 2,434.55 2,498.00 2,427.40 3.08% 2.52% 5.90%

7 BPCL Refineries 434.20 449.44 418.97 437.20 472.00 435.00 0.69% 4.78% 3.69%

8 CAIRN Power 252.35 259.85 244.85 242.55 255.00 237.00 4.04% 1.90% 3.31%

9 CIPLA Pharmaceuticals 209.72 218.17 201.99 202.80 211.85 200.60 3.41% 2.98% 0.69%

10 DRREDDY Pharmaceuticals 677.72 690.72 664.55 682.05 704.90 672.15 0.63% 1.99% 1.13%

11 GAIL Gas 495.99 514.08 477.90 488.00 523.00 484.35 1.64% 1.71% 1.33%

12 GLAXO Pharmaceuticals 1,056.98 1,079.57 1,054.22 1,078.55 1,132.95 1,065.00 2.00% 4.71% 1.01%

13 GRASIM Cement 3,302.73 3,398.13 3,207.49 3,371.50 3,450.00 3,360.00 2.04% 1.50% 4.54%

14 HCLTECH Computer - H 303.26 316.72 294.94 300.10 308.40 299.00 1.05% 2.70% 1.36%

15 HDFC Finance - H 3,137.41 3,216.67 3,058.15 3,131.65 3,219.70 3,100.55 0.18%, 0.09% 1.37%

16 HDFCBANK Banking 1,674.50 1,721.66 1,627.35 1,722.00 1,797.60 1,705.15 2.76% 4.22% 4.56%

17 HEROHONDA Automobiles 661.85 679.25 646.88 683.30 690.00 676.10 3.14% 1.56% 4.32%

18 HINDALCO Aluminum 211.07 219.25 202.89 201.30 212.85 199.75 4.85% 3.01% 1.57%

19 HINDUNILVR Diversified 230.64 235.10 226.35 228.55 236.00 226.50 0.92% 0.38% 0.06%

20 ICICIBANK Banking 1,328.32 1,367.02 1,289.62 1,356.15 1,400.00 1,320.00 2.05% 2.36% 2.30%

21 IDEA Telecommunication 133.18 138.19 129.10 137.75 140.45 134.50 3.32% 1.61% 4.01%

22 INFOSYSTCH Computer - S 1,678.34 1,719.46 1,677.87 1,602.55 1,690.00 1,588.00 4.73% 1.74% 5.66%

23 ITC Cigarettes 218.67 223.73 213.61 219.80 230.00 218.15 0.51% 2.73% 2.08%

24 LT Engineering 4,066.99 4,189.14 3,944.83 4,211.25 4,389.80 4,185.00 3.43% 4.57% 5.74%

308

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Sr.

No.

Particulars Forecast Price Actual Price Variation

Name Classification CI.Price H.Price L.Price CI.Price H.Price L.Price CI.Price H.Price L.Price

25 M&M Automobiles 835.93 859.03 812.89 805.10 829.00 798.00 3.83% 3.62% 1.87%

26 MARUTI Automobiles 898.28 925.64 871.71 909.20 941.75 905.05 1.20% 1.71% 3.68%

27 NATIONALUM Aluminum 464.38 484.44 444.32 478.35 507.00 474.10 2.92% 4.45% 6.28%

28 NTPC Power 265.02 273.21 256.83 265.85 283.45 263.45 0.31% 3.61% 2.51%

29 ONGC Oil Exploration 1,285.53 1,322.23 1,248.83 1,294.15 1,327.70 1,280.70 0.67% 0.41% 2.49%

30 PNB Banking 651.79 668.23 635.36 650.60 680.00 638.00 0.18% 1.73% 0.41%

31 ,RANBAXY Pharmaceuticals 391.57 401.45 381.80 398.50 415.80 394.20 1.74% 3.45% 3.15%

32 RCOM Telecommunication 822.34 848.83 795.85 796.05 844.70 790.25 3.30% 0.49% 0.71%

33 REL Power 2,578.70 2,725.37 2,432.03 2,463.20 2,630.00 2,425.65 4.69% 3.63% 0.26%

34 RELIANCE Refineries 2,939.22 3,037.13 2,841.30 3,027.80 3,097.50 3,015.00 2.93% 1.95% 5.76%

35 RPL Petrochemicals 226.32 236.86 215.79 217.95 234.00 215.25 3.840 1.22% 0.25%

36 SAIL Steel 257.12 267.17 247.07 248.85 264.90 246.05 3.32% 0.86% 0.42%

37 SATYAMCOMP Computer - S 419.05 432.02 418.00 420.65 432.80 417.50 0.38% 0.18% 0.12%

38 SBIN Banking 2,412.45 2,489.88 2,335.01 2,409.60 2,505.00 2,378.00 0.12% 0.60% 1.81%

39 SIEMENS Electrical Equ 2,006.92 2,067.78 1,946.05 2,004.15 2,084.00 1,995.00 0.14% 0.78% 2.45%

40 STER Metals 1,039.53 1,083.52 995.54 1,016.35 1,066.45 1,002.60 2.28% 1.60% 0.70%

41 SUNPHARMA Pharmaceuticals 1,100.98 1,128.99 1,072.99 1,096.00 1,113.00 1,083.00 0.45%' 1.44% 0.92%

42 SUZLON Electrical Equ 2,245.53 2,321.96 2,169.11 2,209.30 2,260.50 2,190.00 1.64% 2.72% 0.95%

43 TATAMOTORS Automobiles 785.37 804.35 766.44 749.20 802.00 744.10 4.83% 0.29% 3.00%

44 TATAPOWER Power 1,504.39 1,564.50 1,444.29 . 1,500.30 '1,579.90 1,480.20 0.27% 0.97% 2.43%

45 TATASTEEL Steel 893.48 927.51 859.46 854.15 920.00 850.00 4.60% 0.82% 1.11%

46 TCS Computer - S 1,000.20 1,020.86 999.81 981.65 1,009.50 962.00 1.89% 1.13% 3.93%

47 UNITECH Cement 525.74 549.57 501.91 517.70 534.50 512.00 1.55% 2.82% 1.97%

48 VSNL Telecommunication 659.31 684.81 633.80 673.85 708.50 665.30 2.16% 3.34% 4.73%

49 WIPRO Computer - S 499.14 512.51 488.42 487.70 501.90 485.00 2.35% 2.11% 0.71%

50 ZEEL Media 295.24 304.02 287.30 292.45 309.40 288.00 0.95% 1.74% 0.24%

309

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Appendix xix - Results of 'A - Category' Stocks using Probabilistic Growth Model

Sr. No

Name Industry

Classification p-Value

Forecast Price Actual Price Variation Closing

Price Highest

Price Lowest Price

Closing Price

Highest Price

Lowest Price

Closing Price

Highest Price

Lowest Price

1 ABB Electrical Equ 0.000000 7,764.01 7,843.89 7,684.12 7,876.00 8,115.00 7,800.00 1.42% 3.34% 1.49% 2 ABBOTT Pharmaceuticals 0.003673 549.30 559.12 539.52 547.35 556.35 545.15 0.36% 0.50% 1.03% 3 ABIRLANUVO Textiles - S 0.000000 1,558.30 1,574.19 1,542.41 1,542.95 1,624.90 1,534.00 0.99% 3.12% 0.55% 4 ACC Cement 0.000000 1,092.15 1,106.24 1,078.05 1,081.70 1,117.00 1,067.00 0.97% 0.96% 1.04% 5 ADANIENT Trading 0.000000 333.18 341.38 324.98 333.25 335.00 318.70 0.02% 1.91% 1.97% 6 ALBK Banking 0.004265 103.99 106.21 101.79 102.00 103.50 100.35 1.96% 2.62% 1.44% 7 ALFALAVAL Engineering 0.000000 1,034.87 1,052.06 1,017.67 1,045.30 1,119.00 974.00 1.00% 5.98% 4.48% 8 ALOKTEXT Textiles - S 0.181735 66.17 67.10 65.41 67.90 70.35 67.55 2.55% 4.62% 3.18% 9 AMBUJACEM Cement 0.020085 143.83 150.11 137.67 144.65 145.20 143.50 0.57% 3.38% 4.06%

10 ANDHRABANK Banking 0.000000 90.28 92.36 88.19 89.45 94.90 89.10 0.92% 2.68% 1.02% 11 APIL Power 0.000000 946.58 946.82 946.33 993.75 1,012.90 971.00 4.75% 6.52% 2.54% 12 APOLLOHOSP Health Care 0.000000 510.24 517.18 503.29 495.00 501.00 487.20 3.08% 3.23% 3.30% 13 APOLLOTYRE Tyres 0.001047 400.81 411.67 389.97 395.00 415.00 390.00 1.47% 0.80% 0.01% 14 ARVIND Textiles 0.000002 72.92 74.05 71.79 71.45 74.80 71.05 2.06% 1.00% 1.05% 15 ASAHIINDIA Auto Ancillaries 0.059668 115.43 119.43 111.67 116.45 121.00 1 112.00 0.88% 1.30% 0.30% 16 ASHOKLEY Automobiles - 4 0.000001 40.43 40.94 39.91 40.10 41.50 39.95 0.81% 1.34% 0.10% 17 ASIANPAINT Paints 0.000163 1,021.90 1,042.04 1,001.77 1,032.00 1,044.95 1,015.00 0.98% 0.28% 1.30% 18 AUROPHARMA Pharmaceuticals 0.169648 577.06 591.63 564.95 583.30 600.00 564.50 1.07% 1.39% 0.08% 19 AVENTIS Pharmaceuticals 0.003291 1,160.63 1,189.43 1,131.92 1,168.50 1,213.00 1,160.00 0.67% 1.94% 2.42% 20 AXISBANK Banking 0.000001 922.64 938.71 906.57 918.80 925.00 901.15 0.42% 1.48% 0.60% 21 BAJAJAUTO Automobiles 0.000000 2,519.25 2,574.49 2,464.02 2,474.20 2,554.95 2,460.10 1.82% 0.76% 0.16% 22 BALAJITELE Media 0.049055 313.34 317.80 309.10 307.05 318.85 303.25 2.05% 0.33% 1.93% 23 BANKBARODA Banking 0.000000 334.82 340.55 329.09 342.35 348.60 327.10 2.20% 2.31% 0.61% 24 BANKINDIA Banking 0.000000 355.27 365.73 344.82 357.30 374.95 355.00 0.57% 2.46% 2.87% 25 BASF Chemicals - S 0.003286 245.71 250.65 240.79 248.10 255.00 246.15 0.96% 1.70% 2.18% 26 BEL Electrical Equ 0.019024 1,828.77 1,885.90 1,772.73 1,825.35 1,871.00 1,815.05 0.19% 0.80% 2.33% 27 BEML Engineering 0.000934 1,542.09 1,593.40 1,490.84 1,559.90 1,620.00 1,550.00 1.14% 1.64% 3.82% 28 BHARATFORG Castings 0.000000 373.99 382.68 365.30 376.85 383.45 345.00 0.76% 0.20% 5.88% 29 BHARTIARTL Telecommunication 0.000000 1,138.66 1,151.40 1,125.92 1,126.75 1,139.70 1,075.00 1.06% 1.03% 4.74% 30 BHEL Electrical Equ 0.000000 2,636.02 2,690.47 2,581.58 2,613.35 2,689.90 2,600.00 0.87% 0.02% 0.71% 31 BILT Paper 0.000000 139.32 141.20 137.43 140.95 145.90 138.25 1.16% 3.22% 0.60% 32 BIRLACORP Cement 0.000002 351.82 364.19 339.46 352.25 365.00 350.00 0.12% 0.22% 3.01% 33 BOMDYEING Petrochemicals 0.000000 731.95 749.02 714.87 731.10 755.00 713.00 0.12% 0.79% 0.26% 34 BONGAIREFN Refineries 0.004575 70.15 72.11 68.20 69.90 73.80 68.40 0.36% 2.29% 0.30%

310

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Sr. No

Name Industry

Classification p-Value

Forecast Price Actual Price Variation Closing

Price Highest

Price Lowest Price

Closing Price

Highest Price

Lowest Price

Closing Price

Highest Price

Lowest Price

35 BPCL Refineries 0.062826 343.02 353.74 332.97 343.00 347.00 340.00 0.01% 1.94% 2.07%

36 BRITANNIA Food Processing 0.009816 1,519.41 1,551.39 1,487.74 1,507.10 1,539.00 1,496.00 0.82% 0.81% 0.55% 37 CADILAHC Pharmaceuticals 0.103870 314.78 320.46 309.69 316.80 335.00 300.00 0.64% 4.34% 3.23% 38 CANBK Banking 0.007354 287.12 293.19 281.09 292.95 298.55 284.00 1.99% 1.79% 1.03% 39 CASTROL Petrochemicals 0.082896 277.78 281.75 274.14 276.95 278.00 265.55 0.30% 1.35% 3.23% 40 CENTENKA Textiles - S 0.030468 164.75 168.77 156.63 168.45 172.75 143.00 2.20% 2.30% 9.53% 41 CENTEXT Diversified 0.000000 1,040.42 1,073.13 1,007.70 1,057.50 1,085.00 1,018.65 1.62% 1.09% 1.07% 42 CHAMBLFERT Fertilizers 0.000014 49.27 50.04 48.51 49.95 51.50 48.25 1.35% 2.84% 0.54% 43 CHENNPETRO Refineries 0.000431 342.99 354.43 331.56 331.55 354.00 328.10 3.45% 0.12% 1.05% 44 CIPLA Health Care 0.096420 180.74 184.51 177.33 178.75 182.95 178.10 1.11% 0.85% 0.43% 45 CMC Computer - H 0.044540 1,068.65 1,102.58 1,001.15 1,044.65 1,074.95 960.00 2.30% 2.57% 4.29% 46 COLPAL Personal Care 0.008916 387.27 394.60 380.00 384.65 391.50 382.00 0.68% 0.79% 0.52% 47 CONCOR Transport 0.000000 1,993.93 2,021.47 1,966.39 1,977.15 2,025.40 1,961.00 0.85% 0.19% 0.27%

48 CORPBANK Banking 0.024876 426.40 441.15 412.02 426.10 435.00 407.00 0.07% 1.41% 1.23%

49 CROMPGREAV Electrical Equ 0.000000 408.75 414.28 403.23 407.30 415.00 405.00 0.36% 0.17% 0.44%

50 CUMMINSIND Engines 0.000000 405.03 411.29 398.77 407.30 415.00 405.00 0.56% 0.89% 1.54% 51 DABUR Personal Care 0.085996 107.89 113.66 102.61 106.90 110.25 106.25 0.93% 3.10% 3.42% 52 DENABANK Banking 0.000000 63.50 64.82 62.17 65.50 67.80 63.00 3.06% 4.39% 1.32% 53 D-LINK Computer - H 0.001857 78.21 80.18 76.24 76.20 78.75 75.55 2.63% 1.81% 0.91% 54 DREDGECORP Miscellaneous 0.111088 669.87 696.76 645.96 667.40 691.00 641.00 0.37% 0.83% 0.77% 55 DRREDDY Pharmaceuticals 0.075277 617.64 634.53 602.03 620.95 625.00 612.00 0.53% 1.52% 1.63% 56 EIHOTEL Hotels 0.006374 136.76 140.60 132.94 138.90 141.90 133.50 1.54% 0.91% 0.42%

57 ENGINERSIN Engineering 0.000000 815.58 836.21 777.90 829.25 830.10 750.05 1.65% 0.74% 3.71% 58 ESCORTS Automobiles 0.081064 121.77 124.38 119.36 119.70 123.50 119.10 1.73% 0.71% 0.22% 59 ESSELPACK Packaging 0.175314 51.61 52.54 50.84 52.20 53.50 51.90 1.13% 1.80% 2.04%

60 EXIDEIND Auto Ancillaries 0.000045 73.41 75.63 69.36 75.45 78.45 67.00 2.71% 3.60% 3.52% 61 FDC Pharmaceuticals 0.719765 30.01 31.09 29.71 29.75 30.15 29.45 0.87% 3.10% 0.87% 62 FEDERALBNK Banking 0.000329 391.28 404.45 378.12 390.25 392.00 383.00 0.26% 3.18% 1.28%

63 FINPIPE Petrochemicals 0.100322 74.07 76.62 71.78 74.00 75.35 73.60 0.10% 1.68% 2.47%

64 GAIL Gas 0.000000 404.68 413.02 396.33 411.65 421.00 410.00 1.69% 1.90% 3.33% 65 GEOMETRIC Computer - S 0.146096 97.45 101.09 94.34 96.90 98.50 96.00 0.57% 2.63% 1.73% 66 GESHIP Shipping 0.000006 478.25 490.95 465.56 484.25 500.00 476.30 1.24% 1.81% 2.25%

67 GILLETTE Personal Care 0.023347 857.57 886.35 829.46 847.45 856.00 831.15 1.19% 3.55% 0.20% 68 GIPCL Power 0.032157 64.75 67.60 61.99 65.05 65.75 63.60 0.46% 2.81% 2.53% 69 GLAXO Food Processing 0.021819 664.66 681.76 647.94 661.40 668.00 648.25 0.49% 2.06% 0.05% 70 GNFC Fertilizers 0.001734 164.21 169.37 159.05 165.80 171.90 163.10 0.96% 1.47% 2.48%

311

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Sr. No

Name Industry

Classification p-Value

Forecast Price Actual Price Variation Closing

Price Highest

Price Lowest Price

Closing Price

Highest Price

Lowest Price

Closing Price

Highest Price

Lowest Price

71 GODREJCP Personal Care 0.000000 122.54 124.67 120.40 123.20 126.95 122.50 0.54% 1.79% 1.71% 72 GRASIM Cement 0.000000 3,781.15 3,858.07 3,704.23 3,704.05 3,780.00 3,675.00 2.08% 2.07% 0.80% 73 GTL Computer - S 0.072060 263.51 277.69 250.36 259.55 263.90 258.70 1.53% 5.23% 3.23% 74 GUJRATGAS Gas 0.051557 1,689.44 1,744.71 1,637.01 1,709.50 1,760.00 1,685.00 1.17% 0.87% 2.85% 75 HCL-INSYS Computer - H 0.000000 307.38 311.06 303.69 311.05 314.50 304.10 1.18% 1.09% 0.13% 76 HCLTECH Computer - S 0.000000 231.46 236.14 226.77 223.10 232.65 220.25 3.75% 1.50% 2.96% 77 HDFC Finance - H 0.000000 2,745.71 2,838.83 2,653.63 2,773.20 2,810.00 2,720.00 0.99% 1.03% 2.44% 78 HDFCBANK Banking 0.011124 1,646.40 1,663.22 1,629.59 1,653.10 1,673.80 1,591.00 0.41% 0.63% 2.43% 79 HEROHONDA Automobiles 0.000001 732.40 739.53 725.27 726.85 740.00 711.10 0.76% 0.06% 1.99% 80 H EXAWARE Computer - S 0.278386 123.66 127.97 120.56 125.15 125.95 122.00 1.19% 1.60% 1.18% 81 HINDALCO Aluminium 0.064771 195.46 202.60 188.79 196.30 204.70 190.70 0.43% 1.03% 1.00% 82 HINDPETRO Refineries 0.030685 235.09 242.29 228.11 239.55 243.00 236.00 1.86% 0.29% 3.34% 83 HINDUNILVR Diversified 0.106903 210.58 215.69 206.01 207.60 220.85 202.50 1.43% 2.33% 1.73% 84 HINDZINC Metals 0.000000 899.71 936.87 862.55 906.25 912.00 863.10 0.72% 2.73% 0.06% 85 ICI Paints 0.000184 529.83 543.70 515.96 521.00 523.95 521.00 1.70% 3.77% 0.97% 86 ICICIBANK Banking 0.000001 1,210.97 1,229.69 1,192.24 1,257.00 1,273.75 1,147.25 3.66% 3.46% 3.92% 87 I-FLEX Computer - S 0.000000 2,238.72 2,285.81 2,191.63 2,204.50 2,260.00 2,180.00 1.55% 1.14% 0.53% 88 IGL Computer - S 0.183401 358.86 371.61 348.45 357.00 358.00 353.25 0.52% 3.80% 1.36% 89 INDHOTEL Hotels 0.001676 142.18 149.60 134.77 144.95 149.00 140.00 1.91% 0.41% 3.73% 90 INDIACEM Cement 0.214116 284.46 296.23 275.21 282.25 296.10 281.00 0.78% 0.04% 2.06% 91 Ind° Rama Textiles - S 0.108586 58.01 61.54 54.87 57.85 60.50 57.75 0.28% 1.71% 4.98% 92 INDUSINDBK Banking 0.000824 51.67 52.94 50.41 51.15 51.80 49.55 1.03% 2.20% 1.74% 93 IN FOSYSTCH Computer - S 0.000000 2,097.91 2,110.73 2,085.10 2,124.55 2,140.00 2,065.00 1.25% 1.37% 0.97% 94 INGERRAND Compressors 0.086978 303.14 311.16 295.82 304.25 318.50 287.30 0.36% 2.31% 2.97% 95 INGVYSYABK Banking 0.315177 256.78 266.92 249.84 260.40 269.90 256.00 1.39% 1.10% 2.41% 96 108 Banking 0.000000 135.71 137.38 134.04 133.40 136.40 133.00 1.73% 0.72% 0.78% 97 IOC Refineries 0.232223 462.80 476.22 452.49 481.70 485.00 468.00 3.92% 1.81% 3.31% 98 IPCALAB Pharmaceuticals 0.000000 650.61 669.40 631.81 640.75 650.00 632.00 1.54% 2.99% 0.03% 99 IPCL Petrochemicals 0.000136 472.69 486.03 459.35 483.10 486.00 460.00 2.16% 0.01% 0.14% 100 ITC Cigarettes 0.000001 183.96 186.07 181.85 179.15 181.90 177.00 2.69% 2.29% 2.74% 101 JBCHEPHARM Pharmaceuticals 0.348057 74.77 76.10 73.90 73.15 73.95 73.00 2.21% 2.90% 1.24% 102 JINDALS&P Steel 0.000000 5,129.47 5,240.73 5,018.22 5,191.75 5,310.00 5,170.00 1.20% 1.30% 2.94% 103 JINDALSAW Steel 0.124384 763.20 807.89 724.08 787.20 840.00 703.30 3.05% 3.82% 2.95% 104 JINDALSTEL Steel 0.020102 168.52 173.21 163.91 166.65 170.00 161.10 1.12% 1.89% 1.75% 105 JPASSOCIAT Construction 0.004501 1,142.89 1,197.25 1,088.77 1,097.60 1,255.00 1,051.10 4.13% 4.60% 3.58% 106 JSWSTEEL Steel 0.071784 978.37 1,005.65 953.04 957.75 990.00 945.55 2.15% 1.58% 0.79%

312

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Sr. No

Name Industry

Classification p-Value

Forecast Price Actual Price Variation Closing

Price Highest

Price Lowest Price

Closing Price

Highest Price

Lowest Price

Closing Price

Highest Price

Lowest Price

107 KOTAKBANK Banking 0.000342 1,017.90 1,051.43 984.39 1,000.00 1,035.00 993.00 1.79% 1.59% 0.87%

108 LICHSGFIN Finance - H 0.000000 357.19 363.85 350.52 354.40 374.00 350.00 0.79% 2.71% 0.15% 109 LT Engineering 0.000027 4,314.03 4,496.54 4,131.52 4,244.55 4,355.00 4,205.00 1.64% 3.25% 1.75% 110 LUPIN Pharmaceuticals 0.009868 578.66 592.72 564.74 586.70 613.95 548.15 1.37% 3.46% 3.03% 111 M&M Automobiles - 4 0.000070 820.18 842.57 797.80 828.45 850.00 770.00 1.00% 0.87% 3.61% 112 MAHSEAMLES Steel 0.000001 607.07 623.48 590.66 608.15 619.50 580.00 0.18% 0.64% 1.84% 113 MARUTI Automobiles - 4 0.000058 1,079.68 1,091.71 1,067.66 1,073.55 1,112.00 1,047.30 0.57% 1.82% 1.94% 114 MASTEK Computer - S 0.000633 329.83 342.33 317.33 330.70 332.00 324.55 0.26% 3.11% 2.22% 115 MERCK Pharmaceuticals 0.667949 376.43 385.57 373.39 387.60 394.00 385.75 2.88% 2.14% 3.20% 116 MICO Auto Ancillaries 0.000000 4,366.06 4,504.10 4,228.02 4,252.85 4,400.00 4,177.20 2.66% 2.37% 1.22% 117 MICRO Miscellaneous 0.320560 388.18 400.12 380.07 376.95 379.80 365.00 2.98% 5.35% 4.13% 118 MIRCELECTR Consumer Durables 0.192785 19.94 20.88 19.18 19.60 20.45 19.55 1.73% 2.11% 1.90%

119 MOSERBAER Computer - H 0.784316 281.65 291.90 279.44 282.95 289.00 281.50 0.46% 1.00% 0.73%

120 MPHASIS Computer - S 0.004121 310.04 322.34 297.80 313.00 316.00 299.25 0.94% 2.01% 0.48% 121 MRPL Refineries 0.747824 56.84 59.35 56.20 59.05 62.00 57.60 3.75% 4.27% 2.43%

122 MTNL Telecommunication 0.704603 178.11 181.53 177.10 179.55 192.00 177.60 0.80% 5.45% 0.28%

123 NATIONALUM Aluminium 0.006565 321.77 333.78 309.84 322.60 325.00 315.00 0.26% 2.70% 1.64% 124 NESTLE Food Processing 0.036400 1,339.93 1,371.42 1,309.58 1,281.45 1,335.00' 1,393.00 4.56% 2.73% 5.99%

125 NEYVELILIG Power 0.000000 83.58 85.39 81.76 81.65 82.80 79.20 2.36% 3.13% 3.24% 126 NICOLASPIR Pharmaceuticals 0.000003 292.67 297.44 287.90 299.95 309.00 298.00 1 2.43% 3.74% 3.39%

127 NIRMA Detergents 0.128419 150.41 153.53 147.68 151.75 155.70 151.00 0.89% 1.39% 2.20%

128 NOVARTIS Pharmaceuticals 0.677210 316.21 325.91 313.08 318.35 328.00 316.35 0.67% 0.64% 1.03%

129 NTPC Power 0.032120 163.01 166.46 159.68 165.65 168.20 161.50 1.59% 1.03% 1.13%

130 ONGC Oil Exploration 0.000000 1,366.40 1,393.12 1,317.61 1,330.20 1,357.00 1,260.00 2.72% 2.66% 4.57%

131 ORCHIDCHEM Pharmaceuticals 0.222321 225.06 230.70 220.67 228.05 232.45 227.10 1.31% 0.75% 2.83%

132 ORIENTBANK Banking 0.000000 224.81 229.15 220.47 228.50 230.70 222.05 1.61% 0.67% 0.71% 133 PFIZER Pharmaceuticals 0.826947 717.09 735.85 713.84 709.50 719.80 705.00 1.07% 2.23% 1.25% 134 PGHH Health Care 0.147771 738.46 758.72 721.19 741.95 759.90 738.40 0.47% 0.15% 2.33% 135 PIDILITIND Chemicals - 0 0.004500 203.84 213.78 193.94 205.50 214.00 193.50 0.81% 0.10% 0.23%

136 POLARIS Computer - S 0.088088 • 112.02 114.60 109.68 112.05 113.50 111.70 0.02% 0.97% 1.81%

137 PUNJABTRAC Automobiles - 4 0.190164 246.05 252.94 240.47 245.20 251.50 241.20 0.35% 0.57% 0.30%

138 RANBAXY Pharmaceuticals 0.017557 414.73 424.27 405.36 427.05 437.00 416.70 2.88% 2.91% 2.72%

139 RAYMOND Textiles 0.001522 348.87 357.82 339.93 353.10 369.70 335.25 1.20% 3.21% 1.40%

140 RCF Fertilizers 0.001024 56.61 58.98 54.24 55.65 58.45 55.10 1.72% 0.91% 1.57%

141 REL Power 0.001829 1,343.67 1,369.83 1,295.98 1,349.40 1,385.00 1,235.25 0.42% 1.10% 4.92%

142 RELCAPITAL Finance 0.034454 1,652.96 1,679.11 1,627.71 1,626.55 1,719.00 1,584.00 1.62% 2.32% 2.76% 313

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Sr. No

Name Industry

Classification p-Value

Forecast Price Actual Price Variation Closing Price

Highest Price

Lowest Price

Closing Price

Highest Price

Lowest Price

Closing Price

Highest Price

Lowest Price

143 RELIANCE Refineries 0.000000 2,239.77 2,282.53 2,197.00 2,289.35 2,327.80 2,264.85 2.17% 1.94% 3.00% 144 ROLTA Computer - S 0.000000 697.43 704.61 690.25 695.10 711.00 689.00 0.33% 0.90% 0.18% 145 SAIL ' Steel 0.000000 245.79 251.31 240.26 243.45 253.45 240.00 0.96% 0.84% 0.11% 146 SATYAMCOMP Computer - S 0.760722 474.43 484.83 471.94 477.65 480.00 470.50 0.67% 1.01% 0.31% 147 SBIN Banking 0.000214 2,107.94 2,171.26 2,044.64 2,068.15 2,121.95 2,030.00 1.92% 2.32% 0.72% 148 SCI Shipping 0.004401 244.73 254.72 234.78 240.50 250.90 238.80 1.76% 1.52% 1.68% 149 SIEMENS Electrical Equ 0.000000 1,968.75 2,025.29 1,912.21 1,953.05 2,025.00 1,930.00 0.80% 0.01% 0.92% 150 SKFINDIA Bearing 0.000000 408.05 417.59 398.51 411.10 420.00 402.00 0.74% 0.57% 0.87%

151 STERLITE Pharmaceuticals 0.000000 1,037.51 1,068.78 1,006.24 1,039.00 1,107.00 999.00 0.14% 3.45% 0.72% 152 SUNPHARMA Pharmaceuticals 0.000000 1,054.79 1,070.88 1,038.69 1,054.20 1,066.00 1,036.15 0.06% 0.46% 0.25% 153 SUZLON Electrical Equ 0.001078 1,974.59 1,996.08 1,953.13 1,973.65 2,000.00 1,965.00 0.05% 0.20% 0.60% 154 SYNDIBANK Banking 0.000000 89.93 92.48 •37.38 89.10 91.00 88.55 0.93% 1.63% 1.32%

155 TATACHEM Chemicals - I 0.000286 330.54 338.96 322.13 321.90 329.95 318.10 2.69% 2.73% 1.27%

156 TATAELXSI Computer - H 0.000787 334.08 344.19 315.64 314.40 335.00 301.25 6.26% 2.74% 4.78%

157 TATAMOTORS Automobiles - 4 0.698526 791.00 800.97 788.00 757.70 805.15 751.50 4.39% 0.52% 4.86%

158 TATAPOWER Power 0.000002 991.78 1,014.76 968.80 976.65 1,050.05 945.05 1.55% 3.36% 2.51% 159 TATASTEEL Steel 0.000024 759.50 779.85 739.15 757.70 805.15 751.50 0.24% 3.14% 1.64% 160 TATATEA Tea & Coffee 0.006662 837.87 868.97 806.98 821.45 851.25 812.00 2.00% 2.08% 0.62% 161 TCS Computer - S 0.005348 1,028.07 1,046.22 1,010.01 1,037.90 1,055.00 1,020.00 0.95% 0.83% 0.98%

162 THERMAX Electrical Equ 0.000002 892.20 925.02 859.38 855.05 914.90 880.05 4.34% 1.11% 2.35% 163 TITAN Watches 0.000000 1,735.33 1,760.55 1,710.11 1,755.50 1,774.00 1,698.00 1.15% 0.76% 0.71%

164 TNPL Paper 0.050693 104.95 108.49 101.58 104.70 105.75 103.00 0.24% 2.59% 1.38%

165 TORNTPHARM • Pharmaceuticals 0.205316 184.01 191.46 178.09 184.90 192.35 180.00 0.48% 0.46% 1.06%

166 TVSMOTOR Automobiles 0.088911 58.76 60.24 57.41 58.10 59.85 58.00 1.14% 0.65% 1.01%

167 UNIONBANK Banking 0.004929 169.31 173.62 165.02 173.95 179.00 172.00 2.67% 3.00% 4.06% 168 VIJAYABANK Banking 0.000056 61.19 62.62 59.77 61.65 63.65 60.05 0.74% 1.63% 0.46% 169 WELGUJ Steel 0.000085 331.51 346.36 316.66 328.65 334.50 327.00 0.87% 3.55% 3.16%

170 WIPRO Computer - S 0.000000 498.45 505.35 491.56 504.80 510.00 500.00 1.26% 0.91% 1.69%

171 WOCKPHARMA Pharmaceuticals 0.024715 420.45 436.93 404.37 420.25 427.50 419.00 0.05% 2.21% 3.49%

172 WYETH Pharmaceuticals 0.226742 462.70 473.96 454.00 457.00 462.95 455.05 1.25% 2.38% 0.23%

173 ZEEL Media 0.013321 325.99 334.78 317.32 331.75 342.40 328.55 1.74% 2.23% 3.42% 314

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Appendix xx - Results of Sensex Stocks using ANN Model (Selective Probes)

Sr. No.

Name Forecast Price Actual Price Variation

Closing Price

Highest Price

Lowest Price

Closing Price

Highest Price

Lowest Price

Closing Price

Highest Price

Lowest Price

1 ACC 833.06 836.28 811.73 826.10 844.70 814.00 0.84% 1.00% 0.28%

2 Ambuja Cement 122.11 123.12 120.71 121.05 123.85 119.50 0.87% 0.59% 1.01%

3 Bajaj Auto 2,109.16 2,127.95 2,028.94 2,079.65 2,175.00 1,976.05 1.42% 2.16% 2.68%

4 Bharti Airtel ' 827.62 843.15 800.07 826.10 840.00 810.20 0.18% 0.38% 1.25%

5 BHEL 2,050.88 2,109.12 2,019.49 2,056.55 2,092.00 1,983.30 0.28% 0.82% 1.82%

6 CI PLA 220.61 220.54 213.92 219.75 224.00 214.00 0.39% 1.55% 0.04%

7 Grasim Industries 2,604.34 2,650.22 2,582.80 2,574.70 2,706.90 2,555.00 1.15% 2.09% 1.09%

8 HDFC 2,530.62 2,522.75 2,381.81 2,383.75 2,611.00 2,365.00 6.16% 3.38% 0.71%

9 HDFC Bank 1,360.94 1,378.73 1,307.72 1,319.95 1,390.00 1,293.05 3.11% 0.81% 1.13%

10 Hindalco 169.58 172.94 166.15 164.75 177.90 163.35 2.93% 2.79% 1.71%

11 HUL 235.38 237.54 223.66 228.70 244.00 225.25 2.92% 2.65% 0.71%

12 ICICI Bank 809.79 812.43 757.41 770.10 825.00 767.00 5.15% 1.52% 1.25%

13 Infosys Technologies 1,446.07 1,538.19 1,407.02 1,430.15 1,510.00 1,406.35 1.11% 1.87% 0.05%

14 ITC 206.69 209.98 203.77 206.35 210.90 203.75 0.17% 0.44% 0.01%

15 L&T 3,070.84 3,156.94 3,014.72 3,024.80 3,148.00 2,988.00 1.52% 0.28% 0.89%

16 M&M 706.23 701.42 661.57 695.65 717.75 675.00 1.52% 2.27% 1.99%

17 Maruti Suzuki 843.48 833.78 802.53 829.55 840.00 817.00 1.68% 0.74% 1.77%

18 NTPC 200.83 204.16 194.51 197.00 204.90 195.10 1.94% 0.36% 0.30%

19 ONGC 1,018.12 1,024.57 971.19 981.35 1,065.00 976.00 3.75% 3.80% 0.49%

20 Ranbaxy 437.22 445.12 434.49 438.75 446.55 431.00 0.35% 0.32% 0.81%

21 Reddy Lab 599.61 593.85 568.31 590.95 600.00 582.00 1.47% 1.03% 2.35%

22 Reliance Comm 527.27 532.97 508.15 508.30 533.90 502.50 3.73% 0.17% 1.12%

23 Reliance Energy 1,278.53 1,325.18 1,241.09 1,251.15 1,325.00 1,241.20 2.19% 0.01% 0.01%

24 RIL 2,314.69 2,342.12 2,238.55 2,264.50 2,340.00 2,251.00 2.22% 0.09% 0.55%

25 Satyam Comp 404.22 408.87 390.62 394.55 408.50 388.05 2.45% 0.09% 0.66%

26 SBI 1,648.17 1,641.84 1,558.46 1,598.85 1,669.00 1,590.00 3.08% 1.63% 1.98%

27 Tata Motors 636.14 641.52 611.28 623.45 645.00 620.00 2.04% 0.54% 1.41%

28 Tata Steel 705.75 722.01 663.19 693.15 715.70 678.65 1.82% 0.88% 2.28%

29 TCS 825.55 860.63 820.73 810.90 869.00 801.00 1.81% 0.96% 2.46%

30 Wipro 428.74 457.43 416.83 425.30 452.00 411.00 0.81% 1.20% 1.42%

315

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Appendix xxi - Results of Sensex Stocks using ANN Model (All Probes)

Sr. No.

Name Forecast Price Actual Price Variation

Closing Price

Highest Price

Lowest Price

Closing Price

Highest Price

Lowest Price

Closing Price

Highest Price

Lowest Price

1 ACC 854.89 820.21 782.38 826.10 844.70 814.00 3.48% 2.90% 3.89%

2 Ambuja Cement 126.23 120.51 121.21 121.05 123.85 119.50 4.28% 2.70% 1.43%

3 Bajaj Auto 2,088.15 2,133.29 2,052.92 2,079.65 2,175.00 1,976.05 0.41% 1.92% 3.89%

4 Bharti Airtel 816.87 832.80 824.27 826.10 840.00 810.20 1.12% 0.86% 1.74%

5 BHEL 2,136.38 2,048.03 1,987.38 2,056.55 2,092.00 1,983.30 3.88% 2.10% 0.21%

6 C I PLA 216.82 222.25 212.14 219.75 224.00 214.00 1.33% 0.78% 0.87%

7 Grasim Industries 2,677.90 2,674.59 2,626.63 2,574.70 2,706.90 2,555.00 4.01% 1.19% 2.80%

9 HDFC Bank 1,326.36 1,401.00 1,451.65 1,319.95 1,390.00 1,293.05 0.49% 0.79% 12.27%

8 HDFC 2,518.57 2,597.85 2,487.20 2,383.75 2,611.00 2,365.00 5.66% 0.50% 5.17%

10 Hindalco 173.14 170.78 172.42 164.75 177.90 163.35 5.09% 4.00% 5.55%

11 HUL 239.60 232.72 223.74 228.70 244.00 225.25 4.77% 4.62% 0.67%

12 ICICI Bank 808.86 803.06 758.04 770.10 825.00 767.00 5.03% 2.66% 1.17%

13 Infosys Technologies 1,495.70 1,505.53 1,403.02 1,430.15 1,510.00 1,406.35 4.58% 0.30% 0.24%

14 ITC 208.14 208.40 198.78 206.35 210.90 203.75 0.87% 1.19% 2.44%

15 L&T 3,086.92 3,122.23 3,081.70 3,024.80 3,148.00 2,988.00 2.05% 0.82% 3.14%

16 M&M 719.83 705.61 660.30 695.65 717.75 675.00 3.48% 1.69% 2.18%

17 Maruti Suzuki 847.05 845.96 803.19 829.55 840.00 817.00 2.11% 0.71% 1.69%

18 NTPC 201.97 200.40 191.59 197.00 204.90 195.10 2.52% 2.19% 1.80%

19 ONGC 1,003.81 1,021.40 1,004.20 981.35 1,065.00 976.00 2.29% 4.09% 2.89%

20 Ranbaxy 439.48 441.44 444.40 438.75 446.55 431.00 0.17% 1.14% 3.11%

21 Reddy Lab 581.53 595.71 560.73 590.95 600.00 582.00 1.59% 0.71% 3.66%

22 Reliance Comm 559.21 498.94 515.97 508.30 533.90 502.50 10.02% 6.55% 2.68%

23 Reliance Energy 1,339.84 1,317.10 1,242.27 1,251.15 1,325.00 1,241.20 7.09% 0.60% 0.09%

24 RIL 2,297.89 2,354.06 2,437.03 2,264.50 2,340.00 2,251.00 1.47% 0.60% 8.26%

25 Satyam Comp 421.96 411.76 413.52 394.55 408.50 388.05 6.95% 0.80% 6.56%

26 SBI 1,663.58 1,589.60 1,539.64 1,598.85 1,669.00 1,590.00 4.05% 4.76% 3.17%

27 Tata Motors 630.92 638.85 613.58 623.45 645.00 620.00 1.20% 0.95% 1.04%

28 Tata Steel 702.40 714.41 657.54 693.15 715.70 678.65 1.34% 0.18% 3.11%

29 TCS 832.14 854.15 806.62 810.90 869.00 801.00 2.62% 1.71% 0.70%

30 Wipro 480.95 460.28 415.97 425.30 452.00 411.00 13.08% 1.83% 1.21%

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Appendix xxii - Results of 'A - Category' Stocks using ANN Model

Sr. No

Name Industry

Classification

R2 Forecast Price Actual Price Variation Closing

Price Highest

Price Lowest Price

Closing Price

Highest Price

Lowest Price

Closing Price

Highest Price

Lowest Price

Closing Price

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Lowest Price

1 ABB Ele. Equipments 0.9948 0.9856 0.9822 988.93 1,017.28 1,008.58 1,001.38 1,014.24 1,014.24 1.24% 0.30% 0.56% 2 ABBOTT Pharmaceuticals 0.9862 0.9846 0.9758 515.17 520.14 507.84 512.87 520.23 509.54 0.45% 0.02% 0.33% 3 ABIRLANUVO Textiles - S 0.9895 0.9886 0.9892 1,329.99 1,361.38 1,309.10 1,331.36 1,359.88 1,305.95 0.10% 0.11% 0.24% 4 ACC Cement 0.9921 0.9908 0.9787 874.15 898.26 868.07 879.91 892.22 862.62 0.65% 0.68% 0.63% 5 ADANIENT Trading 0.9869 0.9760 0.9544 258.20 260.05 257.21 258.22 263.81 251.87 0.01% 1.43% 2.12% 6 ALBK Banking 0.9901 0.9847 0.9763 80.90 81.91 79.17 81.02 82.11 79.87 0.15% 0.24% 0.89% 7 ALFALAVAL Engineering 0.9924 0.9867 0.9371 1,150.20 1,168.89 1,137.40 1,152.20 1,167.64 1,135.99 0.17% 0.11% 0.12% 8 ALOKTEXT Textiles - S 0.9780 0.9860 0.9788 56.51 57.85 56.06 56.69 57.67 55.69 0.32% 0.31% 0.66% 9 AMBUJACEM Cement 0.9889 0.7929 0.8550 114.95 116.27 113.44 115.15 116.02 113.64 0.17% 0.22% 0.17% 10 ANDHRABANK Banking 0.9945 0.9870 0.9733 84.89 86.11 83.93 84.86 86.05 84.09 0.04% 0.07% 0.19% 11 APIL Power 0.9910 0.9890 0.9928 761.63 778.71 743.44 765.06 781.40 741.12 0.45% 0.34% 0.31% 12 APOLLOHOSP Health Care 0.9841 0.9669 0.9852 516.00 526.69 512.61 515.78 525.79 508.70 0.04% 0.17% 0.77% 13 APOLLOTYRE Tyres 0.9885 0.9848 0.9844 315.28 326.38 316.15 317.73 322.69 313.75 0.77% 1.14% 0.76% 14 ARVIND Textile 0.9871 0.9917 0.9813 43.70 44.74 43.33 43.93 44.57 43.46 0.54% 0.38% 0.31% 15 ASAH I INDIA Auto Ancillaries 0.9900 0.9897 0.9816 103.76 106.50 102.60 104.12 105.96 102.71 ' 0.34% 0.51% 0.10% 16 ASHOKLEY Automobiles - 4 0.9923 0.9945 0.9577 37.61 38.45 37.38 37.85 38.26 37.39 0.63% 0.50% 0.04% 17 ASIANPAINT Paints 0.9630 0.9111 0.8862 827.86 849.26 820.27 832.14 846.58 821.58 0.51% 0.32% 0.16% 18 AUROPHARMA Pharmaceuticals 0.9944 0.9869 0.9774 786.24 796.81 770.10 784.40 802.49 766.05 0.23% 0.71% 0.53% 19 AVENTIS Pharmaceuticals 0.9817 0.9803 0.9751 1,420.30 1,439.84 1,388.36 1,424.71 1,437.85 1,389.81 0.31% 0.14% 0.10% 20 AXISBANK Banking 0.9834 0.9675 0.9778 609.23 618.28 592.72 606.58 617.75 596.05 0.44% 0.09% 0.56% 21 BAJAJAUTO Automobiles - 2/3 0.9905 0.9902 0.9697 2,129.31 2,175.87 2,118.64 2,139.06 2,164.64 2,110.77 0.46% 0.52% 0.37% 22 BALAJITELE Media 0.9866 0.9906 0.9801 224.77 231.81 219.71 224.98 229.44 221.28 0.09% 1.03% 0.71% 23 BANKBARODA Banking 0.9882 0.9904 0.9755 266.24 275.69 262.65 267.18 273.97 262.54 0.35% 0.63% 0.04% 24 BANKINDIA Banking 0.9866 0.9904 0.9875 222.12 226.74 217.11 222.63 227.49 218.01 0.23% 0.33% 0.42% 25 BASF Chemicals - S 0.9932 0.9861 0.9812 262.82 271.93 256.96 263.14 268.29 261.50 0.12% 1.36% 1.74% 26 BEL Ele. Equipments 0.9905 0.9886 0.9786 1,863.75 1,900.32 1,845.31 1,866.61 1,894.17 1,840.38 0.15% 0.32% 0.27% 27 BEML Engineering 0.9946 0.9923 0.9508 1,154.94 1,195.27 1,144.86 1,160.83 1,191.54 1,133.52 0.51% 0.31% 1.00% 28 BHARATFORG Castings 0.9863 0.9858 0.9582 307.55 311.80 303.06 307.77 312.17 305.90 0.07% 0.12% 0.93% 29 BHARTIARTL Telecommunication 0.9688 0.9681 0.9447 832.78 854.11 832.52 837.73 846.76 826.51 0.59% 0.87% 0.73% 30 BHEL Ele. Equipments 0.9884 0.9868 0.9653 1,182.81 1,205.66 1,172.05 1,179.38 1,210.63 1,144.70 0.29% 0.41% 2.39% 31 BILT Paper 0.9870 0.9428 0.9102 118.15 119.88 114.24 118.15 120.32 116.83 0.00% 0.37% 2.21%

32 BIRLACORP Cement 0.9872 0.9869 0.9844 293.53 300.86 284.54 293.06 301.24 285.85 0.16% 0.12% 0.46%

33 BOMDYEING Petrochemicals 0.9877 0.9951 0.9719 552.82 568.13 540.58 560.43 566.60 550.83 1.36% 0.27% 1.86%

34 BONGAIREFN Refineries 0.9755 0.9674 0.9807 49.39 50.24 48.53 49.28 50.14 48.16 0.23% 0.19% 0.78% 317

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Sr. No

Name Industry

Classification

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35 BPCL Refineries 0.9868 0.9817 0.9858 341.78 347.17 334.43 340.05 347.65 334.90 0.51% 0.14% 0.14% 36 BRITANNIA Food Processing 0.9822 0.9789 0.9720 1,533.81 1,567.42 1,507.44 1,539.55 1,563.16 1,520.27 0.37% 0.27% 0.84% 37 CAD ILAHC Pharmaceuticals 0.9854 0.9840 0.9697 382.79 388.28 376.26 379.48 391.25 371.81 0.87% 0.76% 1.20% 38 CANBK Banking 0.9855 0.9906 0.9758 264.50 271.69 260.72 265.53 269.74 259.69 0.39% 0.73% 0.39% 39 CASTROL Petrochemicals 0.9936 0.9917 0.9915 267.48 274.03 265.73 268.24 272.03 265.56 0.29% 0.73% 0.07% 40 CENTENKA Textiles - S 0.9859 0.9838 0.9847 130.22 131.83 128.74 129.90 132.44 128.16 0.24% 0.46% 0.46% 41 CENTEXT Diversified 0.9848 0.9841 0.9711 662.46 671.16 648.63 665.23 674.08 652.79 0.42% 0.43% 0.64% 42 CHAMBLFERT Fertilizers 0.9822 0.9916 0.9845 34.78 35.30 34.40 35.03 35.38 34.48 0.70% 0.24% 0.22% 43 CHEN NPETRO Refineries 0.9884 0.9620 0.9867 272.82 273.38 259.32 269.01 281.28 260.42 1.42% 2.81% 0.42% 44 CI PLA Health Care 0.9930 0.9848 0.9864 207.02 211.85 205.84 208.02 210.86 206.07 0.48% 0.47% 0.11% 45 CMC Computer - H 0.9872 0.9855 0.9917 1,154.58 1,177.58 1,135.98 1,150.09 1,170.82 1,132.39 0.39% 0.58% 0.32% 46 COLPAL Personal Care 0.9924 0.9694 0.9787 370.47 378.19 368.30 371.45 375.99 367.23 0.26% 0.59% 0.29% 47 CONCOR Transport 0.9899 0.9679 0.9773 2,252.86 2,323.82 2,219.85 2,257.33 2,322.07 2,201.40 0.20% 0.08% 0.84% 48 CORPBANK Banking 0.9882 0.9941 0.9916 320.55 327.15 315.01 321.29 326.61 316.18 0.23% 0.16% 0.37% 49 CROMPGREAV Ele. Equipments 0.9929 0.9815 0.9576 251.42 252.78 242.58 249.93 255.21 246.23 0.60% 0.95% 1.48% 50 CUMMINSIND Engines 0.9944 0.9860 0.9738 335.80 345.15 331.65 336.95 342.68 330.43 0.34% 0.72% 0.37% 51 DABUR Personal Care 0.9647 0.9921 0.9572 103.22 104.44 101.03 102.97 104.36 101.26 0.25% 0.08% 0.22% 52 DENABANK Banking 0.9888 0.9848 0.9828 46.89 48.52 46.14 47.27 48.50 46.39 0.81% 0.04% 0.53% 53 D-LINK Computer - H 0.9894 0.9806 0.9036 78.20 79.58 78.13 78.18 80.00 78.18 0.02% 0.52% 0.06% 54 DREDGECORP Miscellaneous 0.9854 0.9627 0.9692 506.03 517.67 496.00 503.98 514.47 499.15 0.41% 0.62% 0.63% 55 DRREDDY Pharmaceuticals 0.8726 0.9107 0.9638 650.72 661.08 644.35 653.44 656.71 645.86 0.42% 0.67% 0.23% 56 EIHOTEL Hotels 0.9684 0.8632 0.9657 102.89 104.15 100.72 102.86 104.55 101.81 0.03% 0.39% 1.07% 57 ENGINERSIN Engineering 0.9883 0.9733 0.9845 496.82 508.91 492.42 499.43 507.36 491.75 0.52% 0.30% 0.14% 58 ESCORTS Automobiles - 2/3 0.9847 0.9858 0.9924 111.93 114.11 110.53 112.37 113.96 110.71 0.39% 0.13% 0.17% 59 ESSELPACK Packaging 0.9736 0.9875 0.9751 65.46 66.66 64.72 65.16 66.49 64.70 0.46% 0.24% 0.03% 60 EXIDEIND Auto Ancillaries 0.8949 0.8881 0.7051 47.08 47.99 46.81 47.13 48.06 46.42 0.11% 0.15% 0.83% 61 FDC Pharmaceuticals 0.9968 0.9708 0.9979 33.11 33.55 33.06 33.01 33.82 33.11 0.32% 0.80% 0.17% 62 FEDERALBNK Banking 0.9802 0.9863 0.9757 299.34 302.59 292.64 298.41 302.69 293.60 0.31% 0.03% 0.33% 63 FINPIPE Miscellaneous 0.9820 0.9778 0.9814 83.63 84.24 81.92 82.96 85.26 82.07 0.81% 1.19% 0.19% 64 GAIL Gas 0.9860 0.9751 0.9671 305.63 316.34 302.59 307.52 312.26 301.07 0.61% 1.31% 0.50% 65 GEOMETRIC Computer - S 0.9866 0.9852 0.9805 122.02 126.20 120.09 123.26 125.72 120.47 1.01% 0.37% 0.31% 66 GESHIP Shipping 0.9861 0.9149 0.9876 340.46 351.07 330.67 339.45 347.78 330.30 0.30% 0.95% 0.11% 67 GILLETTE Personal Care 0.9852 0.9680 0.9825 924.47 929.79 907.01 918.38 933.79 909.12 0.66% 0.43% 0.23% 68 GIPCL Power 0.9923 0.9884 0.9887 66.36 68.03 65.52 66.48 67.73 65.58 0.19% 0.43% 0.10% 69 GLAXO Food Processing 0.9912 0.9818 0.9466 1,271.94 1,297.19 1,261.56 1,269.87 1,288.82 1,259.00 0.16% 0.65% 0.20% 70 GNFC Fertilizers 0.9878 0.9902 0.9804 107.80 109.47 106.13 108.01 109.38 106.14 0.20% 0.08% 0.01% 71 GODREJCP Personal Care 0.9823 0.9656 0.9856 135.18 136.17 132.07 135.57 138.34 132.02 0.29% 1.57% 0.04%

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72 GRAM Cement 0.9868 0.9568 0.9586 2,558.96 2,561.48 2;518.08 2,555.50 2,585.80 2,502.28 0.14% 0.94% 0.63% 73 GTL Computer - S 0.9896 0.9928 0.9767 224.95 227.40 218.53 223.31 227.69 221.04 0.73% 0.13% 1.13% 74 GUJRATGAS Gas 0.9783 0.8983 0.9340 293.55 295.52 293.50 294.79 300.43 292.11 0.42% 1.63% 0.48% 75 HCL-INSYS Computer - H 0.9858 0.9866 0.9765 192.28 198.92 187.04 192.93 197.77 188.17 0.34% 0.58% 0.60% 76 HCLTECH Computer - S 0.9879 0.9783 0.9848 333.55 342.65 329.05 333.60 342.43 329.79 0.02% 0.06% 0.23% 77 HDFC Finance - H 0.9904 0.9850 0.9892 1,893.95 1,946.57 1,867.50 1,921.21 1,940.18 1,859.33 1.42% 0.33% 0.44% 78 ' HDFCBANK Banking 0.9859 0.9842 0.9771 1,106.92 1,130.23 1,102.58 1,113.35 1,125.96 1,098.25 0.58% 0.38% 0.39% 79 HEROHONDA Automobiles - 2/3 0.9833 0.9762 0.9782 679.85 681.12 659.97 676.98 686.87 666.17 0.42% 0.84% 0.93% 80 HEXAWARE Computer - S 0.9750 0.9840 0.9675 163.45 168.74 160.97 163.53 167.03 161.18 0.05% 1.03% 0.13% 81 HINDALCO Aluminium 0.9917 0.9861 0.9883 166.68 167.87 161.72 165.51 168.76 163.00 0.71% 0.53% 0.79% 82 HINDPETRO Refineries 0.9881 0.9918 0.9896 266.98 273.19 264.72 266.56 273.47 263.22 0.16% 0.10% 0.57% 83 HINDUNILVR Diversified 0.9932 0.9932 0.9789 189.54 192.93 188.70 190.20 192.71 187.90 0.35% 0.12% 0.42% 84 HINDZINC Metals 0.9941 0.9896 0.9808 718.72 730.38 707.35 719.37 729.68 704.08 0.09% 0.10% 0.47% 85 ICI Paints 0.9604 0.9783 0.9533 535.70 544.15 530.63 537.53 542.32 529.31 0.34% 0.34% 0.25% 86 ICICIBANK Banking 0.9807 0.9773 0.9715 943.46 971.41 943.70 950.41 961.34 939.70 0.73% 1.05% 0.43% 87 I-FLEX Computer - S 0.9917 0.9897 0.9794 2,549.70 2,627.11 2,531.75 2,562.38 2,600.87 2,533.11 0.49% 1.01% 0.05% 88 IGL Computer - S 0.9769 0.9834 0.9561 121.89 124.32 120.28 121.82 123.68 119.90 0.06% 0.51% 0.32% 89 IN DHOTEL Hotels 0.9940 0.9937 0.9563 149.28 151.94 147.28 148.92 152.25 147.44 0.24% 0.20% 0.11% 90 INDIACEM Cement 0.9924 0.9968 0.9782 196.50 199.69 191.09 195.76 198.81 191.33 0.38% 0.44% 0.12% 91 INDORAMSYN Textiles - S 0.9433 0.9788 0.9392 48.89 49.67 47.11 48.91 49.60 48.59 0.04% 0.15% 3.05% 92 INDUSINDBK Banking 0.9920 0.9919 0.9690 50.14 51.62 48.89 50.59 51.51 49.24 0.90% 0.22% 0.71% 93 INFOSYSTCH Computer - S 0.9874 0.9866 0.9898 1,956.07 1,963.15 1,908.75 1,940.26 1,958.72 1,928.45 0.81% 0.23% 1.02% 94 INGERRAND Compressors 0.9933 0.9932 0.9911 320.01 331.54 319.38 320.93 329.27 317.94 0.29% 0.69% 0.45% 95 INGVYSYABK Banking 0.9890 0.9908 0.9806 259.27 266.84 253.80 259.54 265.42 255.20 0.10% 0.54% 0.55% 96 10B Banking 0.9875 0.9707 0.9678 115.16 117.53 114.21 115.84 117.50 113.08 0.59% 0.03% 1.00% 97 IOC Refineries 0.9927 0.9914 0.9885 441.26 452.26 438.36 443.13 450.77 435.71 0.42% 0.33% 0.61% 98 I PCALAB Pharmaceuticals 0.9825 0.9622 0.9630 727.49 728.46 699.88 723.42 736.40 705.65 0.56% 1.08% 0.82% 99 IPCL Petrochemicals 0.9923 0.9763 0.9794 343.11 347.43 340.62 343.54 346.37 340.68 0.12% 0.31% 0.02% 100 ITC Cigarettes 0.9932 0.9810 0.9855 154.62 157.06 152.41 154.55 155.71 153.21 0.04% 0.87% 0.52% 101 JBCHEPHARM Pharmaceuticals 0.9861 0.9843 0.9843 73.18 74.53 73.15 73.40 74.39 72.81 0.30% 0.19% 0.46% 104 JINDALS&P Steel Products 0.9819 0.9877 0.9763 3,444.31 3,524.44 3,412.38 3,461.01 3,519.34 3,385.04 0.48% 0.15% 0.81% 102 JINDALSAW Steel Products 0.9532 0.9876 0.9806 674.35 699.75 683.26 679.67 702.20 665.52 0.78% 0.35% 2.67% 103 JINDALSTEL Steel Products 0.9874 0.9819 0.9504 3,449.14 3,515.87 3,402.63 3,461.01 3,519.34 3,385.04 0.34% 0.10% 0.52% 105 JPASSOCIAT Construction 0.9886 0.9693 0.9854 719.70 738.58 713.31 727.17 742.14 714.92 1.03% 0.48% 0.22% 106 JSWSTEEL Steel Products 0.9314 0.9482 0.9737 607.41 621.63 594.04 607.33 614.97 600.33 0.01% 1.08% 1.05% 107 KOTAKBANK Banking 0.9810 0.9652 0.9608 626.96 648.08 624.38 636.53 645.91 618.90 1.50% 0.34% 0.88% 108 LICHSGFIN Finance - H 0.9930 0.9619 0.9835 194.14 200.28 192.86 196.01 198.95 191.46 0.95% 0.67% 0.73%

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Highest Price

Lowest Price

109 LT Engineering 0.9762 0.9354 0.9610 2,129.10 2,177.79 2,145.11 2,155.60 2,179.06 2,114.92 1.23% 0.06% 1.43% 110 LUPIN Pharmaceuticals 0.9890 0.9811 0.9750 709.10 724.76 705.83 711.85 722.34 702.06 0.39% 0.33% 0.54% 111 M&M Automobiles - 4 0.9896 0.9903 0.9749 727.90 737.63 713.36 727.18 737.67 714.93 0.10% 0.01% 0.22% 112 MAHSEAMLES Steel Products 0.9871 0.9490 0.9678 637.95 661.76 629.75 641.41 662.87 630.52 0.54% 0.17% 0.12% 113 MARUTI Automobiles - 4 0.9901 0.9922 0.9749 757.88 768.91 749.14 759.63 768.49 749.72 0.23% 0.06% 0.08% 114 MASTEK Computer - S 0.9826 0.9815 0.9734 289.27 293.58 283.05 288.04 291.92 286.27 0.43% 0.57% 1.12% 115 MERCK Pharmaceuticals 0.9789 0.9645 0.9818 415.76 419.75 411.31 415.55 420.34 410.62 0.05% 0.14% 0.17% 116 MICO Auto Ancillaries 0.9915 0.9839 0.9792 4,536.87 4,691.40 4,490.31 4,555.98 4,660.26 4,476.44 0.42% 0.67% 0.31% 117 MICRO Miscellaneous 0.9740 0.9850 0.9870 452.94 468.55 441.81 454.02 459.11 449.23 0.24% 2.06% 1.65% 118 MIRCELECTR Con. Durables 0.9889 0.9914 0.9784 18.41 18.80 18.30 18.44 18.87 18.15 0.14% 0.37% 0.81% 119 , MOSERBAER Computer - H 0.9887 0.9765 0.9691 452.71 465.66 439.99 455.25 463.64 446.76 0.56% 0.44% 1.52% 120 MPHASIS Computer - S 0.9902 0.9561 0.9522 317.05 324.96 314.24 318.72 324.30 314.16 0.53% 0.20% 0.03% 121 MRPL Refineries 0.9868 0.9581 0.9623 41.09 41.70 40.62 41.11 41.78 40.34 0.06% 0.18% 0.69% 122 MTNL Telecommunication 0.9949 0.9924 0.9818 158.83 163.04 158.09 160.20 162.01 157.38 0.85% 0.64% 0.45% 123 NATIONALUM Aluminium 0.9887 0.9912 0.9853 261.20 262.78 257.23 260.42 262.95 257.35 0.30% 0.07% 0.05% 124 NESTLE Food Processing 0.9832 0.9752 0.9797 1,163.06 1,183.30 1,146.43 1,164.79 1,181.59 1,146.84 0.15% 0.14% 0.04% 125 NEYVELILIG Power 0.9893 0.9798 0.9568 61.81 63.27 60.90 61.91 62.93 61.15 0.16% 0.54% 0.42% 126 NICOLASPIR Pharmaceuticals 0.9934 0.9898 0.9882 298.45 307.77 297.05 299.24 305.52 294.60 0.26% 0.73% 0.83% 127 NIRMA Detergents 0.9806 0.9743 0.9726 187.27 195.00 184.71 187.81 191.62 184.47 0.29% 1.76% 0.13% 128 NOVARTIS Pharmaceuticals 0.9841 0.9731 0.9813 368.51 374.29 364.57 368.39 378.11 362.97 0.03% 1.01% 0.44% 129 NTPC Power 0.9829 0.9844 0.9538 152.75 153.78 149.53 151.83 154.22 151.02 0.60% 0.29% 0.99% 130 ONGC Oil Exploration 0.9895 0.9915 0.9785 909.30 928.68 893.35 911.99 926.65 896.68 0.29% 0.22% 0.37% 131 ORCHIDCHEM Pharmaceuticals 0.9928 0.9458 0.9609 252.50 256.56 247.90 252.47 256.36 249.46 0.01% 0.08% 0.63% 132 ORIENTBANK Banking 0.9858 0.9933 0.9883 218.44 225.16 216.96 219.76 223.34 216.28 0.60% 0.82% 0.32% 133 PFIZER Pharmaceuticals 0.9925 0.9805 0.9794 816.09 824.45 813.28 813.46 836.19 807.55 0.32% 1.40% 0.71% 134 PGHH Health Care 0.9688 0.9363 0.9707 756.63 786.24 755.60 764.23 777.26 756.27 0.99% 1.16% 0.09% 135 PIDILITIND Chemicals - 0 0.9832 0.9657 0.9698 123.54 125.40 122.37 123.66 125.32 122.35 0.10% 0.07% 0.02% 136 POLARIS Computer - S 0.9952 0.9842 0.9774 154.79 159.14 151.95 154.75 157.32 153.48 0.02% 1.15% 0.99% 137 PUNJABTRAC Automobiles - 4 0.9879 0.9793 0.9806 291.68 295.75 285.83 290.95 296.62 287.30 0.25% 0.29% 0.51% 138 RANBAXY Pharmaceuticals 0.9854 0.9888 0.9938 353.97 360.42 350.19 354.34 359.71 351.33 0.10% 0.20% 0.33% 139 RAYMOND Textile 0.9884 0.9619 0.9862 309.27 312.66 306.08 307.81 313.28 305.06 0.48% 0.20% 0.33% 140 RCF Fertilizers 0.9907 0.9970 0.9875 41.29 41.91 40.65 41.52 42.19 40.89 0.55% 0.66% 0.59% 141 REL Power 0.9935 0.9724 0.9919 586.85 591.90 570.41 587.91 596.91 574.64 0.18% 0.84% 0.74% 142 RELCAPITAL Finance 0.9884 0.9915 0.9599 1,096.50 1,138.35 1,078.57 1,099.86 1,115.54 1,085.77 0.31% 2.05% 0.66% 143 RELIANCE Refineries 0.9965 0.9894 0.9910 1,701.46 1,737.92 1,696.38 1,706.68 1,723.53 1,696.12 0.31% 0.83% 0.02% 144 ROLTA Computer - S 0.9880 0.9936 0.9915 465.92 479.61 452.43 465.82 483.60 456.44 0.02% 0.83% 0.88% 145 SAIL Steel Products 0.9858 0.9641 0.9612 133.17 134.51 130.06 132.30 134.29 131.22 0.66% 0.17% 0.89%

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Sr. No

Name Industry

Classification

R2 Forecast Price Actual Price Variation Closing

Price Highest

Price Lowest Price

Closing Price

Highest Price

Lowest Price

Closing Price

Highest Price

Lowest Price

Closing Price

Highest Price

Lowest Price

146 SATYAMCOMP Computer - S 0.9750 0.9613 0.9419 467.06 476.51 455.17 465.48 477.03 461.45 0.34% 0.11% 1.36% 147 SBIN Banking 0.9893 0.9861 0.9929 1,463.65 1,508.36 1,455.19 1,478.12 1,490.64 1,450.71 0.98% 1.19% 0.31% 148 SCI Shipping 0.9906 0.9879 0.9745 192.06 197.23 189.84 191.76 195.30 189.05 0.16% 0.99% 0.42% 149 SIEMENS Ele. Equipments 0.9903 0.9892 0.9777 1,377.01 1,387.66 1,343.29 1,370.28 1,389.78 1,352.63 0.49% 0.15% 0.69% 150 SKFINDIA Bearing 0.9793 0.9792 0.9859 428.28 444.32 422.54 429.55 437.26 422.45 0.30% 1.61% 0.02% 151 STERLITE Pharmaceuticals 0.9906 0.9467 0.9506 588.73 598.20 566.76 590.18 600.25 577.37 0.25% 0.34% 1.84% 152 SUNPHARMA Pharmaceuticals 0.9880 0.9893 0.9901 1,030.74 1,059.77 1,027.68 1,034.99 1,051.64 1,020.96 0.41% 0.77% 0.66% 153 SUZLON Ele. Equipments 0.9884 0.9957 0.9772 1,434.33 1,482.22 1,437.16 1,442.66 1,469.19 1,409.26 0.58% 0.89% 1.98% 154 SYNDIBANK Banking 0.9861 0.9909 0.9829 74.62 76.47 74.05 74.99 76.21 73.85 0.50% 0.33% 0.28% 155 TATACHEM Chemicals - I 0.9872 0.9719 0.9782 248.24 251.41 246.31 248.31 251.50 245.14 0.03% 0.04% 0.48% 156 TATAELXSI Computer - H 0.9939 0.9925 0.9928 336.49 342.81 329.92 336.19 342.82 330.98 0.09% 0.00% 0.32% 157 TATAMOTORS Automobiles - 4 0.9922 0.9935 0.9880 674.43 699.10 669.31 679.49 687.24 668.95 0.74% 1.73% 0.05% 158 TATAPOWER Power 0.9803 0.9884 0.9803 645.57 657.02 634.49 649.00 659.19 630.93 0.53% 0.33% 0.56% 159 TATASTEEL Steel Products 0.9872 0.9913 0.9807 600.04 608.52 591.29 600.11 608.08 594.51 0.01% 0.07% 0.54% 160 TATATEA Tea & Coffee 0.9884 0.9849 0.9865 832.64 852.62 823.99 837.21 847.50 823.99 0.55% 0.60% 0.00% 161 TCS Computer - S 0.9831 0.9740 0.9836 1,137.12 1,139.27 1,122.83 1,136.11 1,151.01 1,128.59 0.09% 1.02% 0.51% 162 THERMAX Ele. Equipments 0.9909 0.9762 0.9769 509.36 523.78 500.12 507.59 517.12 501.32 0.35% 1.29% 0.24% 163 TITAN Watch 0.9948 0.9941 0.9802 1,259.41 1,284.57 1,223.11 1,267.43 1,290.84 1,230.21 0.63% 0.49% 0.58% 164 TNPL Paper ' 0.9882 0.9849 0.9744 97.70 98.54 95.84 97.22 99.04 95.88 0.49% 0.51% 0.05% 165 TORNTPHARM Pharmaceuticals 0.9908 0.9889 0.9892 245.63 248.79 239.38 243.68 250.72 238.96 0.80% 0.77% 0.17% 166 TVSMOTOR Automobiles - 2/3 0.9854 0.9932 0.9542 63.48 65.00 62.04 63.34 64.82 62.84 0.22% 0.28% 1.28% 167 UNIONBANK Banking 0.9754 0.9836 0.9688 129.60 134.06 128.41 131.09 133.70 128.73 1.14% 0.27% 0.25% 168 VIJAYABANK Banking 0.9902 0.9876 0.9809 49.80 50.73 48.56 49.55 50.54 48.94 0.51% 0.38% 0.77% 169 WELGUJ Steel Products 0.9708 0.9904 0.9682 64.44 65.65 62.84 64.22 65.20 63.55 0.34% 0.68% 1.12% 170 WIPRO Computer - S 0.9828 0.9613 0.9777 512.26 532.83 514.71 516.00 521.76 511.65 0.73% 2.12% 0.60% 171 WOCKPHARMA Pharmaceuticals 0.9879 0.9913 0.9635 389.17 399.72 388.57 391.40 396.23 387.04 0.57% 0.88% 0.39% 172 WYETH Pharmaceuticals 0.9830 0.9845 0.9728 567.73 580.14 563.06 568.55 576.02 563.56 0.14% 0.71% 0.09% 173 ZEEL Media 0.9892 0.9875 0.9875 295.40 299.04 289.09 294.25 300.07 290.01 0.39% 0.34% 0.31%

321

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Appendix xxxiii - Comparative Summary of Results Using Different Tools

Sr. No.

Name Industry Classification Variation in ClosinQPrice

PGM MRA ANN

1 ABB Ele. Equipments 4.49% 1.42% 1.24% 2 ABBOTT Pharmaceuticals 6.39% 0.36% 0.45% 3 ABIRLANUVO Textiles - S 1.83% 0.99% 0.10% 4 ACC Cement 2.88% 0.97% 0.65% 5 ADANIENT Trading 4.52% 0.02% 0.01% 6 ALBK Banking 9.34% 1.96% 0.15% 7 ALFALAVAL Engineering 2.66% 1.00% 0.17% 8 ALOKTEXT Textiles - S 0.32% 2.55% 0.32% 9 AMBUJACEM Cement 3.04% 0.57% 0.17% 10 ANDHRABANK Banking 3.85% 0.92% 0.04% 11 APIL Power 14.83% 4.75% 0.45% 12 APOLLOHOSP Health Care 2.07% 3.08% 0.04% 13 APOLLOTYRE Tyres 3.53% 1.47% 0.77% 14 ARVIND Textile 1.56% 2.06% 0.54% 15 ASAHIINDIA Auto Ancillaries 0.03% 0.88% 0.34% 16 ASHOKLEY Automobiles - 4 1.96% 0.81% 0.63% 17 ASIANPAINT Paints 2.70% 0.98% 0.51% 18 AUROPHARMA Pharmaceuticals 1.35% 1.07% 0.23% 19 AVENTIS Pharmaceuticals 1.82% 0.67% 0.31% 20 AXISBANK Banking 3.41% 0.42% 0.44% 21 BAJAJAUTO Automobiles - 2/3 1.82% 1.82% 0.46% 22 BALAJITELE Media 9.73% 2.05% 0.09% 23 BANKBARODA Banking 10.47% 2.20% 0.35% 24 BANKINDIA Banking 3.80% 0.57% 0.23% 25 BASF Chemicals - S 5.91% 0.96% 0.12% 26 BEL Ele. Equipments 11.89% 0.19% 0.15% 27 BEML Engineering 8.65% 1.14% 0.51% 28 BHARATFORG Castings 12.43% 0.76% 0.07%

322

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Sr. No.

1 Name Industry Classification

Variation in Closing Price

MRA PGM ANN

29 BHARTIARTL Telecommunication 3.66% 1.06% 0.59% 30 BHEL Ele. Equipments 4.67% 0.87% 0.29% 31 BILT Paper 5.03% 1.16% 0.00% 32 BIRLACORP Cement 3.75% 0.12% 0.16% 33 BOMDYEING Petrochemicals 6.78% 0.12% 1.36% 34 BONGAIREFN Refineries 0.16% 0.36% 0.23% 35 BPCL Refineries 6.35% 0.01% 0.51% 36 BRITANNIA Food Processing 4.43% 0.82% 0.37% 37 CADILAHC Pharmaceuticals 0.10% 0.64% 0.87%

38 CANBK Banking 6.21% 1.99% 0.39% 39 CASTROL Petrochemicals 11.72% 0.30% 0.29% 40 CENTENKA Textiles - S 8.78% 2.20% 0.24% 41 CENTEXT Diversified 3.73% 1.62% 0.42% 42 CHAMBLFERT Fertilizers 4.81% 1.35% 0.70% 43 CHENNPETRO Refineries 5.03% 3.45% 1.42% 44 CIPLA Health Care 8.18% 1.11% 0.48% 45 CMC Computer - H 3.37% 2.30% 0.39% 46 COLPAL Personal Care 3.35% 0.68% 0.26% 47 CONCOR Transport 7.32% 0.85% 0.20% 48 CORPBANK Banking 6.12% 0.07% 0.23% 49 CROMPGREAV Ele. Equipments 0.40% 0.36% 0.60%

50 CUMMINSIND Engines 6.84% 0.56% 0.34% 51 DABUR Personal Care 5.21% 0.93% 0.25% 52 DENABANK Banking 6.89% 3.06% 0.81% 53 D-LINK Computer - H 8.82% 2.63% 0.02% 54 DREDGECORP Miscellaneous 4.14% 0.37% 0.41% 55 DRREDDY Pharmaceuticals 8.00% 0.53% 0.42%

56 EIHOTEL Hotels 3.48% 1.54% 0.03% 57 ENGINERSIN Engineering 0.18% 1.65% 0.52%

323

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Sr. No.

Name Industry Classification Variation in Closing Price

MRA PGM ANN

58 ESCORTS Automobiles - 2/3 1.42% 1.73% 0.39%

59 ESSELPACK Packaging 6.37% 1.13% 0.46%

60 EXIDEIND Auto Ancillaries 2.55% 2.71% 0.11%

61 FDC Pharmaceuticals 6.13% 0.87% 0.32%

62 FEDERALBNK Banking 0.15% 0.26% 0.31%

63 FINPIPE Miscellaneous 1.47% 0.10% 0.81%

64 GAIL Gas 2.23% 1.69% 0.61%

65 GEOMETRIC Computer - S 0.68% 0.57% 1.01%

66 GESHIP Shipping 1.93% 1.24% 0.30%

67 GILLETTE Personal Care 079% 1.19% 0.66%

68 GIPCL Power 1.38% 0.46% 0.19%

69 GLAXO Food Processing 2.35% 0.49% 0.16%

70 GNFC Fertilizers 2.55% 0.96% 0.20%

71 GODREJCP Personal Care 3.06% 0.54% 0.29%

72 GRASIM Cement 0.14% 2.08% 0.14% 73 GTL Computer - S 11.45% 1.53% 0.73% 74 GUJRATGAS Gas 4.18% 1.17% 0.42%

75 HCL-INSYS Computer - H 5.56% 1.186/0 0.34%

76 HCLTECH Computer - S 3.45% 3.75% 0.02%

77 HDFC Finance - H 0.70% 0.99% 1.42%

78 HDFCBANK Banking 0.26% 0.41% 0.58%

79 HEROHONDA Automobiles - 2/3 0.86% '0.76% 0.42%

80 HEXAWARE I Computer - S 1.82% 1.19% 0.05%

81 HINDALCO Aluminium 3.05% 0.43% 0.71%

82 HINDPETRO Refineries 0.20% 1.86% 0.16%

83 HINDUNILVR Diversified 9.44% 1.43% 0.35%

84 HINDZINC Metals 4.33% 0.72% 0.09%

85 ICI Paints 0.79% 1.70% 0.34%

86 ICICIBANK Banking 3.89% 3.66% 0.73%

324

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Sr. No.

Name Industry Classification Variation in Closing Price

MRA PGM ANN

87 I-FLEX Computer - S 1.20% 1.55% 0.49%

88 IGL Computer - S 0.76% 0.52% 0.06%

89 INDHOTEL Hotels 3.19% 1.91% 0.24%

90 INDIACEM Cement 6.63% 0.78% 0.38%

91 INDORAMSYN Textiles - S 0.15% 0.28% 0.04%

92 INDUSINDBK Banking 1.27% 1.03% 0.90%

93 INFOSYSTCH Computer - S 0.43% 1.25% 0.81%

94 INGERRAND Compressors 0.43% 0.36% 0.29%

95 INGVYSYABK Banking 11.24% 1.39% 0.10%

96 10B Banking 2.38% 1.73% 0.59%

97 IOC Refineries 0.67% 3.92% 0.42%

98 IPCALAB Pharmaceuticals 0.97% 1.54% 0.56%

99 IPCL Petrochemicals 0.88% 2.16% 0.12%

100 ITC Cigarettes 0.68% 2.69% 0.04%

101 JBCHEPHARM Pharmaceuticals 0.78% 2.21% 0.30%

104 JINDALS&P Steel Products 6.81% 1.20% 0.48%

102 JINDALSAW Steel Products 14.06% 3.05% 0.78%

103 JINDALSTEL Steel Products 11.71% 1.12% 0.34%

105 JPASSOCIAT Construction 3.79% 4.13% 1.03%

106 JSWSTEEL Steel Products 5.64% 2.15% 0.01%

107 KOTAKBANK Banking 4.40% 1.79% 1.50%

108 LICHSGFIN Finance - H 0.95% 0.79% 0.95%

109 LT Engineering 5.42% 1.64% 1.23%

110 LUPIN Pharmaceuticals 5.63% 1.37% 0.39%

111 M&M Automobiles - 4 1.87% 1.00% 0.10%

112 MAHSEAMLES Steel Products 2.20% 0.18% 0.54%

113 MARUTI Automobiles - 4 5.09% 0.57% 0.23%

114 MASTEK Computer - S 0.18% 0.26% 0.43%

115 MERCK Pharmaceuticals 5.48% 2.88% 0.05%

325

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Sr. No.

Name Industry Classification Variation in Closing Price

MRA PGM ANN

116 MICO Auto Ancillaries 4.57% 2.66% 0.42%

117 MICRO Miscellaneous 5.00% 2.98% 0.24%

118 MIRCELECTR Con. Durables 5.12% 1.73% 0.14%

119 MOSERBAER Computer - H 2.85% 0.46% 0.56%

120 MPHASIS Computer - S 1.27% 0.94% 0.53%

121 MRPL Refineries 5.06% 3.75% 0.06%

122 MTNL Telecommunication 5.43% 0.80% 0.85%

123 NATIONALUM Aluminium 1.52% 0.26% 0.30%

124 NESTLE Food Processing 2.85% 4.56% 0.15%

125 NEYVELILIG Power 7.41% 2.36% 0.16%

126 NICOLASPIR Pharmaceuticals 2.23% 2.43% 0.26%

127 NIRMA Detergents 0.24% 0.89% 0.29%

128 NOVARTIS Pharmaceuticals 5.29% 0.67% 0.03%

129 NTPC Power 8.24% 1.59% 0.60%

130 ONGC Oil Exploration 1.28% 2.72% 0.29%

131 ORCHIDCHEM Pharmaceuticals 0.04% 1.31% 0.01%

132 ORIENTBANK Banking 2.37% 1.61% 0.60%

133 PFIZER Pharmaceuticals 2.63% 1.07% 0.32%

134 PGHH Health Care 2.88% 0.47% 0.99%

135 PIDILITIND Chemicals - 0 0.72% 0.81% 0.10%

136 POLARIS Computer - S 0.11% 0.02% 0.02%

137 1 PUNJABTRAC Automobiles - 4 0.36% 0.35% 0.25%

138 RANBAXY Pharmaceuticals 7.45% 2.88% 0.10%

139 RAYMOND Textile 1.04% 1.20% 0.48%

140 RCF Fertilizers 0.48% 1.72% 0.55%

141 REL Power 1.04% 0.42% 0.18%

142 RELCAPITAL Finance 2.24% 1.62% 0.31%

143 RELIANCE Refineries 2.41% 2.17% 0.31%

144 ROLTA Computer - S 1.21% 0.33% 0.02%

326

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Sr. No.

Name Industry Classification Variation in Closing Price

MRA PGM ANN

145 SAIL Steel Products 7.67% 0.96% 0.66%

146 SATYAMCOMP Computer - S 9.13% 0.67% 0.34%

147 SBIN Banking 1.66% 1.92% 0.98%

148 SCI Shipping 3.28% 1.76% 0.16%

149 r SIEMENS Ele. Equipments 4.53% 0.80% 0.49%

150 V SKFINDIA .,...

Bearing 9.30% 0.74% 0.30%

151 STERLITE Pharmaceuticals 1.36% 0.14% 0.25%

152 SUNPHARMA Pharmaceuticals 1.49% 0.06% 0.41%

153 SUZLON Ele. Equipments 5.51% 0.05% 0.58%

154 SYNDIBANK Banking 3.45% 0.93% 0.50%

155 TATACHEM Chemicals - I 1.82% 2.69% 0.03%

156 TATAELXSI Computer - H 0.24% 6.26% 0.09%

157 TATAMOTORS Automobiles - 4 3.37% 4.39% 0.74%

158 TATAPOWER Power 2.47% 1.55% 0.53%

159 TATASTEEL Steel Products 3.19% 0.24% 0.01%

160 TATATEA Tea & Coffee 10.18% 2.00% 0.55%

161 TCS Computer - S 2.09% 0.95% 0.09%

162 THERMAX Ele. Equipments 2.13% 4.34% 0.35%

163 TITAN Watch 0.68% 1.15% 0.63%

164 TNPL Paper 1.87% 0.24% 0.49%

165 TORNTPHARM Pharmaceuticals 1.09% 0.48% 0.80%

166 TVSMOTOR Automobiles - 2/3 1.49% 1.14% 0.22%

167 UNIONBANK Banking 2.03% 2.67% 1.14%

168 VIJAYABANK Banking 0.16% 0.74% 0.51%

169 WELGUJ Steel Products 0.10% 0.87% 0.34%

170 WIPRO Computer - S 0.93% 1.26% 0.73%

171 WOCKPHARMA Pharmaceuticals 5.18% 0.05% 0.57%

172 WYETH Pharmaceuticals 0.45% 1.25% 0.14%

173 ZEEL Media 0.58% 1.74% 0.39%

327


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