Hullo Agilent,
You yourself had given an explanation on circular trading in Dec 2005,while answering "what decides the opening price of a stock"Perhaps age is catching up on you.
.just a joke
ranga
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H
??? I am absolutely clear that this a operator driven scrip for sure.
.........ANOTHER one is FEDRAL GOETZE.Today it is learnt that the goddam promoter Anil Nanda has sold 7,20,000 shares at an undisclosed price on dec 26(Buisness Line).Earlier in dec06 he had off-loaded 4.95 lac shares @381.Thus 12.15 lac shares have been sold after manipulation of the price.
..........The price has been driven up from 211 to 449 in this period i.e Rs 238 per share.The Promoter makes Rs 2891.7 LACS IN THE TRANSACTION.HE HAS COMPLETELY EXITED FROM THE CO AND HOLDS JUST 774 SHARES NOW.
......... Their is plenty of proof to nail him for duping the public at large.It is not difficult to prove as well.It can be easily proved beyond shadow of doubt.