Orient Paper and Industries Limited,

Orient Paper and Industries Limited, is up 20% on BSE . A total of 24.44 Lakh shares traded on BSE. Orient Paper has 2 main businesses , Paper Products and Electrical consumer durable items.The Sales for the year ended March 2015 was 1,668.85 crores. The company is making losses in most of the quarters .

The market cap of the company is 635.09 crores at the latest price of 31.

A better performance from the paper products and Lighting could improve the prospects of the company going forward. The company is part of CK Birlla Group.

Mastek Shares Up 12 Percent

Mastek (Management & Software Technology) shares up around 12 percent on BSE on large volumes.It Spun off Majesco the insurance technology software and IT services provider in June 2015.Investors and traders still scouting on the value of remaining technology  business left with Mastek.

Mastek reported a consolidated earnings per share of 1.16 on a sales of  131.5 crores in September quarter after the Majesco spin off.Previous quarter results may not be comparable as the earnings in those quarters also included the insurance business. With the environment looking good for smaller IT companies.At current price of 192.6 Mastek is valued at 440 crores 

SASKEN COMMUNICATION BUZZING

Sasken Communication the provider of software services and solutions  in 3G wireless and broadband DSL technologies is up around 15% .Many mid cap software providers has been moving up in recent times as traders moved away from large players citing valuation and less visibility. Sasken  had hit a 52 week low of 176 and is now trading at around 415 which is up around 235% from the 52 week low.

Company's trailing 12 month consolidated EPS is around 18.76 and is trading around 22.12153 trailing PE.Company's trailing 12 month ordinary dividend pay out is 10 which results in dividend yield of 2.4%.

Indian Markets the coming week

Indian markets is expected to consolidate the near future. The fed rate hike expected in December is the minds of traders. Even though the long term trajectory of markets may not have any impact due the rate hike in December the near term sentiment will have close correlation.

Also the quarterly results are yet to show any signs of improvement except for the mid and small cap space. low commodity and crude oil prices have helped in improving margins and profitability of many mid and small cap companies. The stock prices of many small cap companies have surged over the last one year, some have doubled and some given returns of up to 500% in the last one year. This leadership by individual small cap companies is expected to continue. This will enthuse retail investors who directly buy stocks because retail investors concentrate on mid and small caps.