K-10 stocks outperform by 400%
Mumbai: Ketan Parekhs favourite 10 stocks have outperformed the stock markets, with a whopping 78 per cent rise in the last two months. Ketans picks have appreciated more than four times, compared to the basket of 30 scrips that make up the Sensex or the 50 scrips that make up the Nifty.

The surge in K-10 stocks between October 1, 2001 and December 3 has been backed by huge volumes.

The combined volume in K-10 stocks in the last two months on the BSE and the National Stock Exchange (NSE) accounts for 40 per cent of the total traded volume on these exchanges.

The current rally in K-10 stocks looks deeper in terms of volumes than the earlier rally in early 2000 that was widely attributed to Ketan Parekhs activity.

In the two months between December 12, 1999 and February 11, 2000, K-10 stocks recorded a gain of 71.7 per cent. In this period, the K-10 stocks accounted for 18.3 per cent of the total traded volumes on the BSE and the NSE.

SSI gained 115 per cent in the last two months on the back of an aggregate traded volume of 22.39 crore shares, compared to the companys equity base of 1.35 crore shares.

Similarly, the equity capital of Pentamedia Graphics was churned 3.29 times as the stock surged 186.3 per cent in the last two months.

The volume in Pentamedia aggregated 19.87 crore shares compared to its equity base of 6.05 crore shares.

A staggering 190.8 per cent growth in the price of Himachal Futuristic has been backed by a volume of 51.70 crore shares, indicating churning of 6.56 times of its equity base of 7.88 crore shares.

Silverline Technologies is back in the limelight once again, with the stock moving up 183 per cent since October 1. The volume of trading was hefty at 13.40 crore shares compared to the companys equity base of 8.56 crore shares.

Aftek Infosys shot up by 175.5 per cent, with volumes aggregating 1.13 crore shares, compared with equity capital of 60 lakh shares.

GTL (formerly Global Tele-System) increased 118 per cent with volumes of 42.04 crore shares, a churning of six times its equity base of 7.04 crore shares.
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