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Turning it around

STOCKS

Deepa Kisnani Mumbai
   2005-062006-07Mar 30,07Mar 31,08% chg V B Desai Financial-0.270.239.5676.59701.15 Trade-Wings-0.680.2349.60285.64475.89 Jayaswal Neco-34.7322.4811.9432.04168.34 VBC Ferro Alloys-6.263.7170.50159.35126.03 Khoday India-13.8210.1347.0099.65112.02 Bombay Paints-1.011.3228.5559.60108.76 UB Engg-19.862.6241.0085.55108.66 Camlin-1.5336.07121.90182.4049.63 Panyam Cement-35.588.5291.90129.0540.42 IFCI-74.10898.0233.6044.0531.10  So there are various theories such as low price-earning stocks, high dividend-yield stocks and turnaround stocks. Here, we take a look at turnaround stocks that are expected to do well.  By definition, turnaround stocks are those companies which were doing badly in the earlier years, but emerged profitable.  As a result, their stocks are also expected to do well. Of course, the process is tedious and time consuming, and even if you feel you've done all your homework, the pick could still go bad. A few tips on how to identify such stocks:  Management
 

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First Published: Apr 20 2008 | 12:00 AM IST

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