>THE MOST BEATEN DOWN STOCKS (ULJK SECURITIES)

For the past fifteen months, we all have seen the market sentiment turning from irrationally exuberant mode, during late 2007, to extremely pessimistic mode, during October 2008 and March 2009.

In March 2009 when NIFTY was trading at 2600 levels, we did a study on long term valuations trend in Indian stock markets and recommended that markets will see strong recovery (Refer to our report "NIFTY to see strong recovery" on Bloomberg. Since then NIFTY has recovered strongly, and is likely to cross 4100 level today.

We have again done a study on the same lines and are sending you a list of stocks which are likely to outperform the markets during next three months. In the present situation, we like stocks in sectors like Banking, Capital goods, Infra and education.

During initial phase of a bull market , the stock prices are mainly driven by the expansion in valuation parameters P/E, P/B and contraction in Yield and our list includes all those stocks which have seen huge contraction in P/E, P/B and expansion in Yield during last Fifteen months.

This report contains information on:

• Fifty Stocks which have seen huge contraction in P/E during last Fifteen months
• Fifty Stocks which have seen huge contraction in P/B during last Fifteen months
• Fifty Stocks which have seen huge expansion in Yield during last Fifteen months

To see full report: THE MOST BEATEN DOWN STOCKS