Good run on bourses

INVESTING INSIGHT

The stocks of companies engaged in the textiles and apparels trade had a positive run in the last three months on the Bombay Stock Exchange (BSE) with the prevailing positive business outlook in anticipation of better competition and performance in the post-quota scenario.

The share price of Haria Exports witnessed a gain from Rs 10.65 on June 1, to today's close of Rs 14.72, up 38.21 per cent on the Bombay Stock exchange (BSE).

During the same period the stock price of Pearl Global increased from Rs 8.30 to Rs 13.73 down 65.42 per cent while Spice Island Apparels gained from Rs 4.75 to Rs 7.37, up 55.15 per cent.

The stocks of Zodiac Clothing increased from Rs 246.35 to Rs 341.40, up 38.58 per cent and Pantaloon Retail moved up from Rs 316.00 to Rs 394.20, a rise of 24.74 per cent.

Triton Corp depreciated on the contrary from Rs 0.97 to Rs 0.61, a drop of 37.11 per cent while Monotona Exports declined from Rs 1.32 to Rs 0.75, down by 43.18 per cent.

The share price of Samtex Fashions rose from Rs 3.73 to Rs 7.27, up 94.90 per cent, and Acknit Knitting rose from Rs 16.80 to Rs 20.55, a rise of 22.32 per cent.

Ceenik Exports closed around Rs 8.94 in June and fell to Rs 8 down 10.51 per cent. My Fellow Fashions (Exports) rose from Rs 1.13 to Rs 3.98 a rise of 252.21 per cent.

GIVO closed up at Rs 4.98 from Rs 2.90 a decline of 41.76 per cent and Gini Silk Mills rose minorly from Rs 14.50 to Rs 23.00 up 57.04 per cent.