Index Drivers

BHEL

Friday closing: Rs 174.20

Previous closing: Rs 185.10

* The scrip lost nearly six per cent during the week on profit booking. The scrip has been rallying the past few days on speculation that the company was to receive an order to set up a power station. The company finally bagged the Rs 35 crore order from Rajasthan Electricity Board for putting up a grid substation this week and the scrip surrendered most of its gains as investors booked profits.

Tata Tea

Friday closing: Rs 125.80

Previous Closing: Rs 118.25

* The scrip lost over six per cent during the week on profit- booking and poor results. From a recent low of Rs 155.40 touched on 31 May, the scrip has surged to current levels as government allowed 100 per cent FDI in tea plantations. Falling domestic demand for tea, despite lower prices and contraction in exports have spelled bad times for the company.

Tata Power

Friday closing: Rs 206.80

Previous Closing: Rs 192.25

* The scrip lost over eight per cent during the week as Tata Power and BSES who are handling the distribution business in Delhi say it will be a year before there are visible changes in the system. Incidence of power theft in the Capital is as high 40 per cent and reduction in power theft will pose a major challenge to the private power companies.

Tata Chemicals

Friday closing: Rs 68.35

Previous Closing: Rs 61.55

* The scrip gained over 10 per cent in the past one week. The stock has clocked handsome gains in the past few months on the back of the good results. Analysts say the company is set to perform better this year as it reaps the benefits of its restructuring exercise. According to them, higher efficiencies, transformation into a marketing-led organisation and foray into regional export markets willdrive the company