Riding the wave

INVESTING INSIGHT

The stocks of companies engaged in the aquaculture and sea food export business have gained considerably between October 2004 to January 3, 2005, on the Bombay Stock Exchange (BSE).

The share price of Innovative Marine Foods rose from Rs 1.72 on October 1, to today's close of Rs 3.70, up 115.11 per cent on the BSE.

During the same period the stock price of Waterbase increased from Rs 5.01 to Rs 9.23, up by 84.23 per cent. Uniroyal Marine Exports increased from Rs 0.30 to Rs 2.54.

BKV Industries gained from Rs 0.53 to Rs 2.13, up 301.88 per cent. Share price of Abl Bio-Technologies gained from Rs 8.00 to Rs 43.45, up by a whopping 443 per cent.