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Petroleum Coke Stocks are tanking YTD

I have always been interested by sectoral analysis-wherein a company’s stock price moves in tandem with the sector/theme.

The sheer variety of stocks in India makes it possible to investigate themes/sectors which just have 2/3 names in it.

Take for instance, petroleum coke stocks.As shown in the table below, they appear to be tanking year to date (YTD).

Symbol Close on 31 Dec,2012 Close on 17 July,2013 Loss
GOACARBON 92.55 61.05 -34.04%
RAINCOM 39.6 34.05 -14.02%

 

 

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