Year

EBIT
EBIT(1-T)
Less: Depriciation and amortization
Less: capex
Less: incremental Working Capital
FCF
Total FCF

2008(in lakhs)
336747.23
235723.06
2568.45
116813.49

Present value@ unlevered cost of equity=12%

PV of Tax shields
Total PV
Number of shares
price per share(in rupees)

2523478.14
1049370.12
3572848.27

Debt adjustment
long term debt
current debt
long term debt reduced
current debt reduced
Total liabilites
trade payables
interest paid

2008(in lakhs)
838640.75
249790.28

Interest shields
Year
Interest
Interest shields
Total Interest shields
NPV of interest shields@ Cost of debt= 14%

2009(in lakhs)
280434.82
196304.37
11407.62
43467.99
146713.80
17530.20
17530.20

1698428593.00
210.36

1088431.03
57085.95
309403.52

2008(in lakhs)
309403.52
92821.06
92821.06

2009(in lakhs)
961496.90
163458.38

1124955.28
29267.17
328706.43

2009(in lakhs)
328706.43
98611.93
98611.93

2010(in lakhs)
154094.68
107866.28
12605.25
3445.89
47023.34
70002.30
70002.30

2011(in lakhs)
256920.98
179844.69
12976.90
14051.18
-457331.93
636102.34
636102.34

2012(in lakhs)
291623.09
204136.16
13983.61
29595.61
-291943.00
480467.16
3657181.92

2013(in lakhs)
286275.82
200393.07
14955.29
30782.67
-101907.83
286473.53
286473.53

2014(in lakhs)
274969.48
192478.64
16157.40
33256.98
178814.67
-3435.62
-3435.62

2010(in lakhs)
1263785.32
196535.68

2011(in lakhs)
1505954.38
530694.24

2012(in lakhs)
1085269.00
1006635.98

1460321.00
45888.10
424329.87

2036648.62
44824.35
597547.28

2091904.98
85413.21
601947.53

2013(in lakhs)
785269.00
806635.98
300000.00
200000.00
1591904.98
68443.18
457038.54

2014(in lakhs)
735269.00
806635.98
50000.00
0.00
1541904.98
68443.18
442038.54

2010(in lakhs)
2011(in lakhs)
2012(in lakhs)
2013(in lakhs)
2014(in lakhs)
424329.87
597547.28
601947.53
457038.54
442038.54
127298.96
179264.18
180584.26
137111.56
132611.56
127298.96
179264.18
180584.26
137111.56
132611.56
1049370.12

2015(in lakhs)
263905.45
184733.82
17456.13
35930.18
-62443.02
228702.79
228702.79

2016(in lakhs)
276570.41
193599.28
18859.26
38818.25
45000.00
128640.29
3305355.05

Terminal value(in lakhs)

2015(in lakhs)
685269.00
806635.98
50000.00
0.00
1491904.98
68443.18
427038.54

2016(in lakhs)
685269.00
806635.98
0.00
0.00
1491904.98 Trade payables as % of CL
68443.18
8%
427038.54

3,176,714.75

2015(in lakhs)
2016(in lakhs)
Terminal value(in lakhs)
427038.54
427038.54
128111.56
128111.56
915082.59
128111.56
1043194.15

Current assets
Current liabilities
Cash
Operating NWC

2008
1,834,158.12
249790.28
99,482.37
1,484,885.47

2009
1,871,177.69
163458.38
76,120.04
1,631,599.27

2010
1,892,301.15
196535.68
17,142.86
1,678,622.61

2011
1,767,789.71
530694.24
15,804.79
1,221,290.68

CA as % of sales
3.027433162
CL as % of sales
0.412299991
Cash as % of current assets 0.05423871
Average cash %
0.026300327

4.874071247
0.425778799
0.040680284

5.875924236
0.610277474
0.009059266

2012
1,972,641.15
1006635.98
36,657.49
929,347.68

2013
2014
2015
2016
1678213.39 1861857.976 1797728.328 1940114.744
806635.98
806635.98
806635.98
806635.98
44137.56042 48967.47302 47280.84234 51025.6516
827439.85 1006254.52
943811.51 1082453.11

4.250763491
1.276088263
0.008940424

Average
4.304571261 4.466552679
2.196616607 0.984212227
0.018582949

Date
NIFTY
CNX REALITY
27-Aug-12 5350.25
206.3
24-Aug-12
5386.7
211.6
23-Aug-12 5415.35
216.85
22-Aug-12 5412.85
217.35
21-Aug-12
5421
219.75
17-Aug-12
5366.3
216.35
16-Aug-12 5362.95
220.8
14-Aug-12 5380.35
221.3
13-Aug-12
5347.9
223.1
10-Aug-12
5320.4
217.15
9-Aug-12 5322.95
218.4
8-Aug-12
5338
219.1
7-Aug-12
5336.7
224.1
6-Aug-12 5282.55
220.8
3-Aug-12
5215.7
217.95
2-Aug-12 5227.75
219.4
1-Aug-12
5240.5
220.15
31-Jul-12
5229
218.3
30-Jul-12
5199.8
215.85
27-Jul-12 5099.85
208.25
26-Jul-12
5043
210.1
25-Jul-12
5109.6
217.8
24-Jul-12
5128.2
217.9
23-Jul-12 5117.95
218.45
20-Jul-12
5205.1
224.85
19-Jul-12
5242.7
227.15
18-Jul-12
5216.3
225.8
17-Jul-12 5192.85
223.95
16-Jul-12 5197.25
227.1
13-Jul-12 5227.25
230.9
12-Jul-12 5235.25
234.05
11-Jul-12
5306.3
231.8
10-Jul-12 5345.35
234.15
9-Jul-12 5275.15
230.4
6-Jul-12 5316.95
233.05
5-Jul-12
5327.3
236.15
4-Jul-12 5302.55
236.9
3-Jul-12 5287.95
232.55
2-Jul-12
5278.6
228
29-Jun-12
5278.9
222.95
28-Jun-12 5149.15
217.75
27-Jun-12
5141.9
217.7
26-Jun-12
5120.8
217
25-Jun-12 5114.65
216.1
22-Jun-12 5146.05
217.55
21-Jun-12
5165
216.8

CNX Returns DLF

HDIL
IBR
UNITECH
-2.504725898
200.95
72.6
46.55
19.45
-2.421028361
207.7
75.45
48.5
20.3
-0.230043708
214.2
78.7
49.95
20.6
-1.092150171
214.95
79.5
50.25
20.65
1.571527617
216.1
82.6
51.15
21
-2.015398551
209
82.5
51.45
20.95
-0.225937641
215.85
83.9
52.05
21.3
-0.806813088
216.4
83.7
52.65
21.3
2.740041446
217.7
85.9
53.75
21.5
-0.572344322
210.35
81.05
53.2
21.05
-0.319488818
210.75
82.55
54.65
21.2
-2.231146809
212.2
81.5
54.35
21.2
1.494565217
217.15
83.65
55.65
21.65
1.307639367
211.25
82.7
55.55
21.6
-0.660893345
207.45
82.05
54.7
21.25
-0.340676811
208.1
83
56.4
21.2
0.847457627
208.8
82.65
56.9
21.7
1.135047487
209.05
79.35
55.85
21.65
3.649459784
201.7
80.25
56.75
21.35
-0.880533079
194
75.7
53.5
20.6
-3.535353535
197.15
73.1
54.5
20.65
-0.045892611
203.85
72.6
56.75
22.1
-0.251773861
200.75
72.45
58.15
22.6
-2.846342006
198.4
76.3
58.85
22.5
-1.012546775
204.65
81.9
60.8
23.3
0.597874225
207
83.5
62.1
23.55
0.826077249
205.65
84.6
61.1
23.3
-1.387054161
202.55
85.45
59.2
23.1
-1.645734084
205.35
86.5
61.2
23.6
-1.345866268
208.15
86.55
63.4
24.4
0.970664366
210.75
89.45
64.45
25.25
-1.003630152
210.35
88.95
61.7
24.35
1.627604167
214.55
90
63.1
24.1
-1.137095044
213.7
85.8
60.1
23.15
-1.312724963
211.35
89.2
62.9
23.9
-0.316589278
214.8
91.05
64.45
24.25
1.87056547
216.9
92.35
64.35
24.2
1.995614035
213.2
89
62.85
23.9
2.265081857
204.55
88.9
62.9
23.5
2.388059701
198.55
86.95
61.05
22.05
0.022967386
194.45
85.1
57.65
21.1
0.322580645
192.15
84.7
57.8
21.1
0.416473855
191.2
83.85
57.65
21.1
-0.666513445
190.8
83.2
57.8
21.15
0.345940959
193.65
81.85
58.3
21.5
3.188957639
194
79.3
57.9
21.65

20-Jun-12
19-Jun-12
18-Jun-12
15-Jun-12
14-Jun-12
13-Jun-12
12-Jun-12
11-Jun-12
8-Jun-12
7-Jun-12
6-Jun-12
5-Jun-12
4-Jun-12
1-Jun-12
31-May-12
30-May-12
29-May-12
28-May-12
25-May-12
24-May-12
23-May-12
22-May-12
21-May-12
18-May-12
17-May-12
16-May-12
15-May-12
14-May-12
11-May-12
10-May-12
9-May-12
8-May-12
7-May-12
4-May-12
3-May-12
2-May-12
30-Apr-12
28-Apr-12
27-Apr-12
26-Apr-12
25-Apr-12
24-Apr-12
23-Apr-12
20-Apr-12
19-Apr-12
18-Apr-12
17-Apr-12

5120.55
5103.85
5064.25
5139.05
5054.75
5121.45
5115.9
5054.1
5068.35
5049.65
4997.1
4863.3
4848.15
4841.6
4924.25
4950.75
4990.1
4985.65
4920.4
4921.4
4835.65
4860.5
4906.05
4891.45
4870.2
4858.25
4942.8
4907.8
4928.9
4965.7
4974.8
4999.95
5114.15
5086.85
5188.4
5239.15
5248.15
5209
5190.6
5189
5202
5222.65
5200.6
5290.85
5332.4
5300
5289.7

210.1
210.35
210
216.15
212.1
218.45
221.8
217.4
219.5
215.85
211.35
205.9
208.3
204.65
208
206.3
212.1
210.6
208.15
206.45
204.85
207.05
209.75
205.4
205.3
203.55
204.85
202.9
206.55
207.1
207.8
213.95
217.55
216.8
222.45
226.2
226.7
224.3
221.8
224.4
226.4
229.35
228.85
236.5
240.35
241.7
244.3

-0.118849536
0.166666667
-2.845246357
1.909476662
-2.906843671
-1.510369702
2.023919043
-0.956719818
1.690989113
2.129169624
2.646915979
-1.152184349
1.783532861
-1.610576923
0.824042656
-2.73455917
0.712250712
1.177035791
0.823443933
0.781059312
-1.062545279
-1.287246722
2.11781889
0.048709206
0.859739622
-0.634610691
0.961064564
-1.767126604
-0.265572187
-0.336862368
-2.874503389
-1.654792002
0.345940959
-2.539896606
-1.657824934
-0.220555801
1.069995542
1.127141569
-1.158645276
-0.883392226
-1.286243732
0.218483723
-3.234672304
-1.601830664
-0.558543649
-1.064265248
2.453344517

186.45
188.7
187.5
196.85
191.45
195.75
198
193.05
196.4
194.1
188.2
183
186
182.6
184.6
183.45
188.2
189.1
188.4
184.8
183.9
186.05
189.6
185.85
184.8
181.7
187.1
182.55
187.3
186.15
181.9
189.85
189.8
182.5
187.3
192.9
187
182.25
181.5
181.65
186.05
186.3
189.05
197.25
200.65
200.8
205.05

73.35
72.6
71.55
74.3
72.35
75.15
75.7
72.9
72.85
68.75
66.45
63.8
65
63.65
67.25
65.25
66.85
64.5
62.8
62.15
61.25
62.65
63.2
61.95
62
62.3
64.55
62.05
64.4
62.95
66.3
71.15
74.9
73.4
78
79.5
80.55
79.4
78.8
80.75
81.4
82.2
82.55
87
88.75
89.6
90.35

55.15
55
54.45
56.3
54.05
57.75
58.5
56.75
58.25
57.75
56.25
54.35
53.75
51.05
53.2
52.05
54.95
54.6
53.15
51.1
50.65
52.05
52.95
50.9
51.6
51.2
52.25
52.65
55.9
56.15
56.75
58.35
59.7
58.5
61.25
62.7
63.25
63.3
61.05
62.35
61.2
60.85
60.8
64.45
66.5
65.9
66

20.85
20.7
20.9
21.55
21.55
22.85
23.45
22.65
22.75
22.35
22.05
20.85
21.45
21.35
21.35
20.8
22.2
22
21.4
21.45
21.15
21.2
21.6
21.45
21.4
21.55
19.95
20.25
20.45
21.15
21.6
22.05
22.9
24.45
25.5
25.75
26.45
26.55
25.9
26.55
27.35
28.35
27.4
28
28.6
29.1
29.55

16-Apr-12
13-Apr-12
12-Apr-12
11-Apr-12
10-Apr-12
9-Apr-12
4-Apr-12
3-Apr-12
2-Apr-12
30-Mar-12
29-Mar-12
28-Mar-12
27-Mar-12
26-Mar-12
23-Mar-12
22-Mar-12
21-Mar-12
20-Mar-12
19-Mar-12
16-Mar-12
15-Mar-12
14-Mar-12
13-Mar-12
12-Mar-12
9-Mar-12
7-Mar-12
6-Mar-12
5-Mar-12
3-Mar-12
2-Mar-12
1-Mar-12
29-Feb-12
28-Feb-12
27-Feb-12
24-Feb-12
23-Feb-12
22-Feb-12
21-Feb-12
17-Feb-12
16-Feb-12
15-Feb-12
14-Feb-12
13-Feb-12
10-Feb-12
9-Feb-12
8-Feb-12
7-Feb-12

5226.2
5207.45
5276.85
5226.85
5243.6
5234.4
5322.9
5358.5
5317.9
5295.55
5178.85
5194.75
5243.15
5184.25
5278.2
5228.45
5364.95
5274.85
5257.05
5317.9
5380.5
5463.9
5429.5
5359.55
5333.55
5220.45
5222.4
5280.35
5359.4
5359.35
5339.75
5385.2
5375.5
5281.2
5429.3
5483.3
5505.35
5607.15
5564.3
5521.95
5531.95
5416.05
5390.2
5381.6
5412.35
5368.15
5335.15

238.45
235.8
238.65
238.05
240.1
239.8
241.55
245.2
243.1
239.05
232.1
231.65
235.75
232.1
240.75
237.05
247.8
239.1
235.65
242
245.25
252.55
254.9
249.2
246.45
239.25
236.6
239.05
247.65
248.55
254.35
263.8
260.7
245.5
259.75
266.65
273.3
293.85
280.75
277.75
272.7
260.4
254.5
254.35
256.65
251.75
244.5

1.123833757
-1.194217473
0.252047889
-0.853810912
0.125104254
-0.724487684
-1.48858075
0.86384204
1.694206233
2.994398966
0.19425858
-1.739130435
1.572598018
-3.592938733
1.560852141
-4.338175948
3.638644918
1.464035646
-2.623966942
-1.325178389
-2.890516729
-0.921930169
2.287319422
1.115844999
3.009404389
1.120033812
-1.02489019
-3.472642843
-0.362100181
-2.28032239
-3.582259287
1.189106252
6.191446029
-5.486044273
-2.587661729
-2.433223564
-6.993363961
4.666073019
1.080108011
1.851851852
4.723502304
2.31827112
0.058973855
-0.896162088
1.946375372
2.965235174
-2.375723697

199.2
197.9
199.6
201.5
203.9
205.95
204.4
207.45
208
201.75
198.3
197.8
197.7
189.2
196.25
193.25
203.55
195.65
193.05
196.3
195.65
205.75
207.7
204.3
204.05
199.55
197.75
192.05
203.15
203.85
214.05
226.5
225.85
214.9
226.8
235.1
238.35
258.3
253.9
250.2
248.85
234.6
230.35
230.9
232.85
236
228.75

86.8
82.8
83.05
86.95
87.9
85.65
86.95
87.45
86.25
85.65
82.05
82.55
87.35
88.85
95.4
93.9
101.95
93.85
91.6
99
104.7
108.8
114.25
109.35
104.05
101.55
100.25
102.1
105.6
104.7
109.8
114.35
112.75
99.1
107.85
112.55
120
130.8
122.85
119.8
110.85
104.1
97.55
96.55
98.15
90.25
83.8

65.3
65.2
66.35
66.9
66.85
66.5
66.05
66.6
65.9
63.85
62.1
60.45
64
65.1
68.3
66.5
71
66.85
66.1
67.85
69.25
73.95
74.35
71.6
68.1
65.45
65.7
68.1
71
70.4
72.7
74.6
74.9
68.3
74.4
72.85
73.3
81.1
77.35
79.6
79.2
78.75
73.75
73.6
76.8
72.6
68.15

28.6
28.45
29.5
28.35
28.45
28.4
29.15
30.15
29.2
28.75
27.35
27.75
28.8
28.3
29.75
28.3
30.3
28.9
27.75
29.4
29.85
30.95
31.1
30.3
30.4
28.6
27.2
29.6
31
31.5
31.85
32.35
32.1
30.25
32.45
32.15
32.5
35.5
31.45
31.7
31.75
29.75
29.55
29.4
29.85
28.5
28.45

6-Feb-12
3-Feb-12
2-Feb-12
1-Feb-12
31-Jan-12
30-Jan-12
27-Jan-12
25-Jan-12
24-Jan-12
23-Jan-12
20-Jan-12
19-Jan-12
18-Jan-12
17-Jan-12
16-Jan-12
13-Jan-12
12-Jan-12
11-Jan-12
10-Jan-12
9-Jan-12
7-Jan-12
6-Jan-12
5-Jan-12
4-Jan-12
3-Jan-12
2-Jan-12
30-Dec-11
29-Dec-11
28-Dec-11
27-Dec-11
26-Dec-11
23-Dec-11
22-Dec-11
21-Dec-11
20-Dec-11
19-Dec-11
16-Dec-11
15-Dec-11
14-Dec-11
13-Dec-11
12-Dec-11
9-Dec-11
8-Dec-11
7-Dec-11
5-Dec-11
2-Dec-11
1-Dec-11

5361.65
5325.85
5269.9
5235.7
5199.25
5087.3
5204.7
5158.3
5127.35
5046.25
5048.6
5018.4
4955.8
4967.3
4873.9
4866
4831.25
4860.95
4849.55
4742.8
4746.9
4754.1
4749.95
4749.65
4765.3
4636.75
4624.3
4646.25
4705.8
4750.5
4779
4714
4733.85
4693.15
4544.2
4613.1
4651.6
4746.35
4763.25
4800.6
4764.6
4866.7
4943.65
5062.6
5039.15
5050.15
4936.85

250.45
240.45
235.85
233.65
231.45
223.05
230.25
236
236.5
233.65
231.7
229.9
222.05
220.35
212.6
213.75
209.35
208.95
199.75
190.25
186.95
185.85
187.25
190.8
191.45
183.1
184.2
185.95
189.6
191.2
194.75
191.7
191.45
185.3
183
188.75
194.25
201.2
201.7
206.4
205.05
211.05
214.15
223.1
221.7
222.5
218.05

4.158868788
1.950392198
0.941579285
0.950529272
3.765971755
-3.127035831
-2.436440678
-0.21141649
1.219773165
0.841605524
0.782949108
3.535239811
0.771499887
3.645343368
-0.538011696
2.101743492
0.191433357
4.605757196
4.993429698
1.765177855
0.591875168
-0.747663551
-1.860587002
-0.339514233
4.560349536
-0.597176982
-0.941113202
-1.925105485
-0.836820084
-1.822849807
1.591027647
0.130582397
3.318942256
1.256830601
-3.046357616
-2.831402831
-3.454274354
-0.24789291
-2.277131783
0.658376006
-2.842928216
-1.44758347
-4.011653967
0.631483987
-0.359550562
2.040816327
3.783912423

235.05
230.85
226.35
217.1
216.05
205
211.6
219.15
218.95
219.3
214
210.35
201.55
198.15
193.3
196.6
191.85
190.9
184.75
177.9
176.65
174.55
179.9
187.1
191.45
179.2
183.1
186.65
192.6
191.25
196.55
193.95
197.65
188.5
185.25
189.45
194.95
202.9
200.8
208.1
204.4
213.85
215.7
225.2
222.4
223.45
218.5

85.25
81.8
80.45
79.9
79.55
75.55
79.8
82.85
81.05
78.05
78.6
82.2
74.5
76.7
71.4
72.7
70.3
70.85
62.65
58.95
56.75
56.7
54.95
56.8
56.4
54.05
53.35
53.7
56.9
58.3
58.65
57.4
57.3
55.2
54.65
56.8
56.2
57.25
57.2
58.3
57.85
59.75
62.15
66.2
65.55
64.95
62.8

70.75
69.5
68.1
70.15
71.05
66.55
70.8
69
64.85
63.45
64.1
58.5
54.65
58
56.85
56
56.55
56
52.45
51.5
48.15
47.7
48.85
48.15
49.25
47
46.75
47.2
46.45
45.5
48.15
48.8
48
46.85
42.45
44.65
47.15
49.55
50.85
51.75
53.3
53.15
52.65
56.5
62.85
65.7
64.25

29.45
26
25.1
26.95
26.05
25.5
26.6
27.35
28.15
27.3
27.3
26.85
26.75
25.85
24.3
24.4
23.85
23.9
22.7
21.2
20.15
20.1
19.85
20.05
19.95
19.25
19.35
19.4
19.4
19.95
20.4
19.85
19.45
18.5
17.65
18.9
19.55
21.15
21.6
21.9
21.7
22.1
22.9
24.2
24.3
24.2
23.95

30-Nov-11
29-Nov-11
28-Nov-11
25-Nov-11
24-Nov-11
23-Nov-11
22-Nov-11
21-Nov-11
18-Nov-11
17-Nov-11
16-Nov-11
15-Nov-11
14-Nov-11
11-Nov-11
9-Nov-11
8-Nov-11
4-Nov-11
3-Nov-11
2-Nov-11
1-Nov-11
31-Oct-11
28-Oct-11
26-Oct-11
25-Oct-11
24-Oct-11
21-Oct-11
20-Oct-11
19-Oct-11
18-Oct-11
17-Oct-11
14-Oct-11
13-Oct-11
12-Oct-11
11-Oct-11
10-Oct-11
7-Oct-11
5-Oct-11
4-Oct-11
3-Oct-11
30-Sep-11
29-Sep-11
28-Sep-11
27-Sep-11
26-Sep-11
23-Sep-11
22-Sep-11
21-Sep-11

4832.05
4805.1
4851.3
4710.05
4756.45
4706.45
4812.35
4778.35
4905.8
4934.75
5030.45
5068.5
5148.35
5168.85
5221.05
5289.35
5284.2
5265.75
5258.45
5257.95
5326.6
5360.7
5201.8
5191.6
5098.35
5049.95
5091.9
5139.15
5037.5
5118.25
5132.3
5077.85
5099.4
4974.35
4979.6
4888.05
4751.3
4772.15
4849.5
4943.25
5015.45
4945.9
4971.25
4835.4
4867.75
4923.65
5133.25

210.1
211.5
216.65
209.65
207.85
204.35
208
207.4
214.75
218.55
224.35
223.5
237.35
244.3
250.75
258.7
262.5
260.1
255.2
256.05
261.45
262.2
247.75
246.3
242.9
240.15
244.75
250.9
242.55
248.6
247.1
250.4
249.65
242.55
242.9
234.6
225.65
222.85
224.8
237.6
242.85
242.85
241.65
229.8
231.2
233.15
248.15

-0.661938534
-2.377105931
3.338898164
0.866009141
1.712747737
-1.754807692
0.289296046
-3.4225844
-1.738732555
-2.585246267
0.380313199
-5.835264378
-2.844862874
-2.572283151
-3.073057596
-1.447619048
0.92272203
1.920062696
-0.331966413
-2.065404475
-0.28604119
5.832492432
0.588712952
1.399752985
1.145117635
-1.879468846
-2.451175767
3.442589157
-2.433628319
0.607041684
-1.317891374
0.300420589
2.927231499
-0.144092219
3.537936914
3.966319521
1.256450527
-0.867437722
-5.387205387
-2.161828289
0
0.496585971
5.156657963
-0.605536332
-0.836371435
-6.044731009
1.120619397

208.05
202.65
209.6
203.7
197.9
195.65
201.5
195.75
204.15
203.5
210.75
207.35
223.4
227.5
233.3
242.75
247.6
245.65
235.45
236.9
242.15
248.8
229.75
230.1
228.2
224.9
230.6
239.25
229.7
235.85
231.6
238.5
236.4
229.45
228.65
218.1
206.45
200.5
200.75
218.9
223.7
224.45
217.95
201.45
197.5
197.9
213.15

60.25
64.35
67.5
65.1
65.9
64.2
68.1
69.8
73.05
73.65
74.65
78.15
85.5
90.9
95.35
100
101.1
98.25
97.15
97.25
99.75
99.5
93.6
93.05
90.7
91.2
93.9
95.5
94.4
98.6
99.3
99.25
98.7
95.3
95.85
93.1
90.7
89.9
92.15
97.95
102.1
100.15
101.7
97.5
100.1
103.55
113

60.85
64.95
66.5
63.1
62.05
60
63.3
61.05
63.45
65.05
66.05
68.15
71.95
72.15
71.7
74.6
77.3
74.8
72.75
71.5
74.95
74.05
70.2
69.1
67.65
68.25
69.6
71.4
70
72.2
73.55
74.2
75.55
73.2
72.95
70.65
69.95
70.1
70.3
73.15
77.25
74.65
76.65
73.65
74.55
76.3
82.2

23
23.25
24.1
23.1
24.05
23.3
22.25
22.3
22.85
23.15
24.65
24.2
25.7
27.3
28.4
28.95
28.75
29.1
29.3
29.6
29.95
29.05
27.9
27.85
26.9
26.7
26.95
27.55
26.45
27.2
27.35
27.55
27.75
26.7
26.8
25.9
25.15
25.15
25.4
26.2
27
27.1
27.85
26.6
27.35
27.8
29.45

20-Sep-11
19-Sep-11
16-Sep-11
15-Sep-11
14-Sep-11
13-Sep-11
12-Sep-11
9-Sep-11
8-Sep-11
7-Sep-11
6-Sep-11
5-Sep-11
2-Sep-11
30-Aug-11
29-Aug-11
26-Aug-11
25-Aug-11
24-Aug-11
23-Aug-11
22-Aug-11
19-Aug-11
18-Aug-11
17-Aug-11
16-Aug-11
12-Aug-11
11-Aug-11
10-Aug-11
9-Aug-11
8-Aug-11
5-Aug-11
4-Aug-11
3-Aug-11
2-Aug-11
1-Aug-11
29-Jul-11
28-Jul-11
27-Jul-11
26-Jul-11
25-Jul-11
22-Jul-11
21-Jul-11
20-Jul-11
19-Jul-11
18-Jul-11
15-Jul-11
14-Jul-11
13-Jul-11

5140.2
5031.95
5084.25
5075.7
5012.55
4940.95
4946.8
5059.45
5153.25
5124.65
5064.3
5017.2
5040
5001
4919.6
4747.8
4839.6
4888.9
4948.9
4898.8
4845.65
4944.15
5056.6
5035.8
5072.95
5138.3
5161
5072.85
5118.5
5211.25
5331.8
5404.8
5456.55
5516.8
5482
5487.75
5546.8
5574.85
5680.3
5633.95
5541.6
5567.05
5613.55
5567.05
5581.1
5599.8
5585.45

245.4
241.5
242.35
239.7
231.3
230.6
229.4
236.8
242.5
241.25
232.65
238.25
236.95
231.4
222.45
213.05
223.35
221.45
224.25
223.4
222.4
221
221.25
228.65
241.25
244.4
247.2
238.35
239.2
251.2
260.25
266.05
269.5
274.25
273.05
279.6
284.4
285.85
296.55
294.35
291.9
296
294.8
291.15
288.3
290.25
283.4

1.614906832
-0.350732412
1.105548602
3.631647211
0.303555941
0.523103749
-3.125
-2.350515464
0.518134715
3.696539867
-2.350472193
0.548638953
2.398444252
4.02337604
4.412109833
-4.61159615
0.857981486
-1.248606466
0.380483438
0.449640288
0.633484163
-0.11299435
-3.236387492
-5.222797927
-1.288870704
-1.132686084
3.713027061
-0.355351171
-4.777070064
-3.477425552
-2.180041346
-1.280148423
-1.731996354
0.439479949
-2.342632332
-1.687763713
-0.507259052
-3.608160513
0.747409546
0.839328537
-1.385135135
0.407055631
1.253649322
0.98855359
-0.671834625
2.417078335
1.123996432

212.15
205.2
209.25
208.2
199.9
199.65
195.15
200.45
205
203.95
198.7
207.8
207.85
196.75
184.4
176.1
187.1
181.9
182.2
182.7
186.9
182.4
177
188.85
200.2
206.15
210.15
200.55
195.8
210.25
218.1
222.05
227.8
230.6
231
233.3
237.2
234
243.9
241.05
241.45
244.15
239.85
234.9
233.05
233.9
227.2

112.4
110.95
109.7
104.05
101.05
99.7
99.95
105.55
110.1
108.8
103.8
107.8
105.7
102.15
100.15
95.85
100.5
101.45
108.2
106.4
100.65
99.25
102.75
103.55
117.05
116.75
118.15
112.15
116.05
124.05
129.7
137.1
137.9
143.85
142.6
147.25
147
152.25
157.35
156.5
154
156.75
160.75
163.05
161.45
163.45
162.05

83.1
80.8
83.6
81.65
77.5
78.15
80.1
85.95
87.35
87.85
83.1
83.5
81.1
84.45
82.4
76.95
78.6
79.45
79.65
81.35
79.3
76.15
75.25
75.4
82.25
85
86.65
85.4
84.45
89.75
92
94.65
95.2
100.05
99.4
101.15
104.95
109.85
115.9
114.9
117.25
119.7
121.8
122.05
120.1
122.1
118.3

28.6
28.4
28.1
27.9
26.55
26.55
26.95
28.3
29
28.45
26.5
26.8
26.85
27.6
26.6
25.15
26.35
26.3
26.45
26.7
26.6
27
27.6
27.75
29.1
29.3
29.4
28.1
28.35
29.4
30.65
30.75
30.85
31.5
30.55
32.55
34.15
34.45
35.9
35.6
35.35
36.05
35.6
34.6
33.95
33.95
32.45

12-Jul-11
11-Jul-11
8-Jul-11
7-Jul-11
6-Jul-11
5-Jul-11
4-Jul-11
1-Jul-11
30-Jun-11
29-Jun-11
28-Jun-11
27-Jun-11
24-Jun-11
23-Jun-11
22-Jun-11
21-Jun-11
20-Jun-11
17-Jun-11
16-Jun-11
15-Jun-11
14-Jun-11
13-Jun-11
10-Jun-11
9-Jun-11
8-Jun-11
7-Jun-11
6-Jun-11
3-Jun-11
2-Jun-11
1-Jun-11
31-May-11
30-May-11
27-May-11
26-May-11
25-May-11
24-May-11
23-May-11
20-May-11
19-May-11
18-May-11
17-May-11
16-May-11
13-May-11
12-May-11
11-May-11
10-May-11
9-May-11

5526.15
5616.1
5660.65
5728.95
5625.45
5632.1
5650.5
5627.2
5647.4
5600.45
5545.3
5526.6
5471.25
5320
5278.3
5275.85
5257.9
5366.4
5396.75
5447.5
5500.5
5482.8
5485.8
5521.05
5526.85
5556.15
5532.05
5516.75
5550.35
5592
5560.15
5473.1
5476.1
5412.35
5348.95
5394.85
5386.55
5486.35
5428.1
5420.6
5438.95
5499
5544.75
5486.15
5565.05
5541.25
5551.1

280.25
288.75
297.75
290.8
284.8
283.15
286.35
275.2
267.65
264.6
263.4
263.15
265.8
256.05
257.35
262.45
270.05
281.05
281.6
282.55
285.75
283.7
284.7
287.45
287.1
288.6
283.15
282.3
284.3
288.75
289.25
281.5
274.95
265.75
263.7
266.55
267.85
275.65
271.95
280.6
283.75
284.25
289.2
282.85
283.5
279.55
275.65

-2.943722944
-3.022670025
2.389958735
2.106741573
0.582730002
-1.117513532
4.051598837
2.820848123
1.152683296
0.455580866
0.09500285
-0.996990218
3.807850029
-0.50514863
-1.943227281
-2.814293649
-3.913894325
-0.1953125
-0.336223677
-1.119860017
0.72259429
-0.351246927
-0.95668812
0.121908743
-0.51975052
1.924774854
0.301098123
-0.703482237
-1.541125541
-0.172860847
2.753108348
2.382251318
3.461900282
0.777398559
-1.069217783
-0.485346276
-2.829675313
1.360544218
-3.082679971
-1.110132159
-0.175901495
-1.711618257
2.245006187
-0.229276896
1.412985155
1.414837656
-0.235251538

220.65
229.6
237.15
234
230.6
230.9
233.6
220.3
210.45
209.1
210.15
214.45
216.4
210.05
210.5
212.15
219.05
224.55
224.15
225.1
232.05
229.15
231.05
235.6
234.95
234.55
232.5
233.7
236.35
236.95
238.95
231.45
225.2
217.5
210.05
219.1
223.1
228.4
222.05
230.25
227.65
226.2
232.95
227.75
227.2
221.95
218.9

159.75
168.95
172.5
167.5
162.65
164.35
166.7
164.7
159.7
158.5
156.5
154.75
161.15
151.65
152.2
157
159.45
173.95
174.5
172.75
174.55
174.85
175.15
175.25
175.5
179.35
169.1
161.75
161.3
167.3
168.15
162.95
161.2
156.65
158.1
155.2
149.55
151.05
148.35
153.4
159.85
160.7
159.65
153.7
150.15
146.8
143.45

113.1
115.6
117
117.95
115.1
116.05
118.15
116.45
112.55
109.45
106.8
109.1
108
102.4
101.85
106.35
104.3
111.65
112.6
112.65
116.3
115.15
115.95
115.35
115.9
118.05
115.95
115.2
116.65
118.5
117.35
114.6
115.8
110.95
105.7
107.4
107.65
112.45
109.95
112.7
113.65
113.05
117.6
115.4
119.6
117.9
116.05

33.15
34.4
36.55
35.05
34.35
33.15
33.65
32.65
31.95
31.1
30.95
30.3
30.25
29.25
29.85
31
32.35
33.75
34.2
34.65
34.2
33.65
33.5
33.75
33.6
34.05
33.7
34.15
34.7
35.45
35.45
34.55
33.05
31.75
31.75
31.55
31.9
33.85
34.1
35.7
35.95
36.05
36.8
36.15
36.4
35.85
35.05

6-May-11
5-May-11
4-May-11
3-May-11
2-May-11
29-Apr-11
28-Apr-11
27-Apr-11
26-Apr-11
25-Apr-11
21-Apr-11
20-Apr-11
19-Apr-11
18-Apr-11
15-Apr-11
13-Apr-11
11-Apr-11
8-Apr-11
7-Apr-11
6-Apr-11
5-Apr-11
4-Apr-11
1-Apr-11
31-Mar-11
30-Mar-11
29-Mar-11
28-Mar-11
25-Mar-11
24-Mar-11
23-Mar-11
22-Mar-11
21-Mar-11
18-Mar-11
17-Mar-11
16-Mar-11
15-Mar-11
14-Mar-11
11-Mar-11
10-Mar-11
9-Mar-11
8-Mar-11
7-Mar-11
4-Mar-11
3-Mar-11
1-Mar-11
28-Feb-11
25-Feb-11

5551.45
5459.85
5537.15
5565.25
5701.3
5749.5
5785.45
5833.9
5868.4
5874.5
5884.7
5851.65
5740.75
5729.1
5824.55
5911.5
5785.7
5842
5885.7
5891.75
5910.05
5908.45
5826.05
5833.75
5787.65
5736.35
5687.25
5654.25
5522.4
5480.25
5413.85
5364.75
5373.7
5446.65
5511.15
5449.65
5531.5
5445.45
5494.4
5531
5520.8
5463.15
5538.75
5536.2
5522.3
5333.25
5303.55

276.3
272.25
281.1
282.9
292.2
289.3
297.8
308.8
313.15
314
318.6
315.05
312.65
311.55
322.6
326.5
321
329.3
340.55
335.65
324.8
322.2
321.8
313.3
309.75
299.15
296.95
298.95
290.8
282.45
276.25
270.1
272.75
277.35
279.55
273.1
282.75
280.65
282.9
280.6
275.45
271.5
276.4
275.45
274.7
262.9
259.6

1.487603306
-3.148345784
-0.636267232
-3.18275154
1.002419634
-2.854264607
-3.562176166
-1.38911065
-0.270700637
-1.443816698
1.126805269
0.767631537
0.353073343
-3.425294482
-1.194486983
1.713395639
-2.520498026
-3.303479665
1.459854015
3.340517241
0.806952204
0.124300808
2.71305458
1.146085553
3.54337289
0.740865466
-0.669008195
2.80261348
2.956275447
2.244343891
2.276934469
-0.971585701
-1.658554173
-0.786979074
2.361772245
-3.41290893
0.748262961
-0.79533404
0.819672131
1.869667816
1.454880295
-1.772793054
0.34489018
0.273025118
4.488398631
1.271186441
0.309119011

219.5
215.2
218.9
220.75
226.3
222.8
228.1
234.85
238.7
241.7
247.25
242.9
236.6
233.55
244.85
251.25
250.4
259.3
269.8
270.85
268.8
272.45
271.95
268.55
263.5
253.1
246.9
249.1
234.2
234.65
228.05
221.7
219.95
221.45
226.45
221.2
228.25
225.2
229.2
225.45
222.6
218.5
222.5
223.15
222
211.85
212.6

141.7
139.65
151.9
154.55
160.3
160.85
174.45
177.65
179.75
182.1
185.2
184.15
179.85
180.85
188.25
186.85
182.55
186.65
195.9
196.35
180.8
183.2
182.2
176.8
172
164
163.45
164.95
161.9
158.05
153.35
151
155.5
160.05
159.6
156.7
166.1
165.95
163.95
164.7
164.15
160.2
159.15
163.5
166.85
157.75
151.1

117.4
115
121.3
116.95
125.85
124.95
127.8
130.1
133.15
137.2
140.35
149.6
143.95
144.55
149.25
147.45
140.15
140.05
143.2
139.15
137.6
133.55
131.8
124.25
122.8
120.8
122.7
121.5
118.7
113.85
108.35
105.4
107.55
110.45
111.65
109.85
114.1
113.2
114.15
113.3
109.25
107.4
111.15
110.15
109.1
103.9
104.25

36.05
35.25
36.45
36.15
38.15
36.95
37.25
40.45
41.3
40.7
41.3
40.45
42.85
42.85
44.2
45.35
44.85
46.5
47.75
45.35
42.65
41.25
41.95
40.4
41
39
39.25
40.3
40.55
36.95
36.45
36.1
37.05
37.9
38.35
36.9
38.15
37.7
38.1
37.55
36.2
35.45
36.5
35.1
35
33.85
33.3

24-Feb-11
23-Feb-11
22-Feb-11
21-Feb-11
18-Feb-11
17-Feb-11
16-Feb-11
15-Feb-11
14-Feb-11
11-Feb-11
10-Feb-11
9-Feb-11
8-Feb-11
7-Feb-11
4-Feb-11
3-Feb-11
2-Feb-11
1-Feb-11
31-Jan-11
28-Jan-11
27-Jan-11
25-Jan-11
24-Jan-11
21-Jan-11
20-Jan-11
19-Jan-11
18-Jan-11
17-Jan-11
14-Jan-11
13-Jan-11
12-Jan-11
11-Jan-11
10-Jan-11
7-Jan-11
6-Jan-11
5-Jan-11
4-Jan-11
3-Jan-11
31-Dec-10
30-Dec-10
29-Dec-10
28-Dec-10
27-Dec-10
24-Dec-10
23-Dec-10
22-Dec-10
21-Dec-10

5262.7
5437.35
5469.2
5518.6
5458.95
5546.45
5481.7
5481
5456
5310
5225.8
5253.55
5312.55
5396
5395.75
5526.75
5432
5417.2
5505.9
5512.15
5604.3
5687.4
5743.25
5696.5
5711.6
5691.05
5724.05
5654.75
5654.55
5751.9
5863.25
5754.1
5762.85
5904.6
6048.25
6079.8
6146.35
6157.6
6134.5
6101.85
6060.35
5996
5998.1
6011.6
5980
5984.4
6000.65

258.8
268.8
272.45
274
271.95
284.05
287.25
281.15
285.3
278.55
274
274.95
285.65
295.15
289.55
300.85
288.55
281.75
293.75
300.65
316.6
329.35
334
329.7
331.65
332.75
326.5
325.55
333.7
344.1
341.85
329.65
340.25
353.5
359.4
368.5
376.35
381.35
379.95
371.45
366.05
365.25
363.65
367.1
364.4
367.7
367.95

-3.720238095
-1.339695357
-0.565693431
0.75381504
-4.259813413
-1.114012185
2.169660324
-1.454609183
2.423263328
1.660583942
-0.345517367
-3.745842815
-3.218702355
1.934035572
-3.756024597
4.262692774
2.413487134
-4.085106383
-2.295027441
-5.037902716
-3.871261576
-1.392215569
1.304215954
-0.587969245
-0.330578512
1.91424196
0.291813853
-2.442313455
-3.022377216
0.658183414
3.700894889
-3.115356356
-3.748231966
-1.64162493
-2.469470828
-2.085824366
-1.311131506
0.368469535
2.288329519
1.475208305
0.219028063
0.439983501
-0.93979842
0.740944018
-0.897470764
-0.067944014
1.601546321

213.2
219.85
227.5
231.9
232.85
237.7
238.4
239.7
246.55
247.65
245.9
241.65
239.3
242.8
237.1
243.95
227.15
221.55
223.9
222.3
239.45
253.95
255.75
251.55
256.35
257
248.5
250.35
259.3
265.2
263.55
257.35
259.2
268.9
277.75
281.85
291.65
295.6
291.95
287.4
287
284.85
284.65
284.05
281.55
285.2
285.5

144
154.05
154.75
149.9
148.15
150.25
151.75
149.45
147.35
137.45
126.75
128.35
137.7
143
137.35
139.8
131.45
125.25
131.15
139.7
155.05
160.55
164.3
159.05
156.25
155.3
155.15
157.25
162.6
167.9
165.65
160.6
169.6
183.7
184
185.1
189
194.25
194.95
188.55
186.65
189.65
188.75
191.15
187.45
188.35
187

103.05
107
108.35
110.05
109.1
114.65
117.75
115.25
117.2
113.25
110.9
106.7
113.6
118.45
116.4
122
116.85
116.1
120.25
121.55
125.4
126.45
128.65
128.2
127.15
124.35
122.25
118.4
121.6
125.85
125.1
120.7
120.8
125
128.4
132.8
133.65
137.5
139.25
132.3
125.5
125.5
126.15
129.95
128.5
131.7
132.65

34.2
35.2
35
35.25
34.15
36.75
38.2
34.95
36.25
34.85
36
37.7
41.1
44.25
43.1
46.45
45.15
43.05
48.05
51.05
53.3
55.95
57.9
57.15
57.9
59.05
57.6
56.9
57.45
59.8
58.95
55.35
59.3
61.4
61.6
64.85
65.6
66.6
66.3
64.8
63.55
63.05
61.8
63.05
62.95
63.15
63.4

20-Dec-10
16-Dec-10
15-Dec-10
14-Dec-10
13-Dec-10
10-Dec-10
9-Dec-10
8-Dec-10
7-Dec-10
6-Dec-10
3-Dec-10
2-Dec-10
1-Dec-10
30-Nov-10
29-Nov-10
26-Nov-10
25-Nov-10
24-Nov-10
23-Nov-10
22-Nov-10
19-Nov-10
18-Nov-10
16-Nov-10
15-Nov-10
12-Nov-10
11-Nov-10
10-Nov-10
9-Nov-10
8-Nov-10
5-Nov-10
4-Nov-10
3-Nov-10
2-Nov-10
1-Nov-10
29-Oct-10
28-Oct-10
27-Oct-10
26-Oct-10
25-Oct-10
22-Oct-10
21-Oct-10
20-Oct-10
19-Oct-10
18-Oct-10
15-Oct-10
14-Oct-10
13-Oct-10

5947.05
5948.75
5892.3
5944.1
5907.65
5857.35
5766.5
5903.7
5976.55
5992.25
5992.8
6011.7
5960.9
5862.7
5830
5751.95
5799.75
5865.75
5934.75
6010
5890.3
5998.8
5988.7
6121.6
6071.65
6194.25
6275.7
6301.55
6273.2
6312.45
6281.8
6160.5
6119
6117.55
6017.7
5987.7
6012.65
6082
6105.8
6066.05
6101.5
5982.1
6027.3
6075.95
6062.65
6177.35
6233.9

362.15
367.6
364.2
378.05
374.05
365.15
360.3
376.3
385.15
389.35
390.5
407.3
397.15
384.95
364.35
360.2
377.65
399.35
411.6
426
417.05
434.25
438.05
455.25
461.65
485.7
502.55
505
497.05
495.5
492.75
484.25
481.05
494.95
481.55
485.65
495.5
506.15
507.95
503.5
511.3
500.95
508.55
518.05
513.45
519.1
521.15

-1.482589771
0.933552993
-3.663536569
1.069375752
2.437354512
1.346100472
-4.251926654
-2.29780605
-1.078720945
-0.294494238
-4.124723791
2.55570943
3.169242759
5.653904213
1.152137701
-4.620680524
-5.433829974
-2.976190476
-3.38028169
2.146025656
-3.960852044
-0.867480881
-3.778143877
-1.386331637
-4.951616224
-3.352900209
-0.485148515
1.599436676
0.312815338
0.558092339
1.755291688
0.665211516
-2.808364481
2.782680926
-0.844229383
-1.987891019
-2.104119332
-0.354365587
0.883813307
-1.525523176
2.066074459
-1.494444991
-1.833799826
0.895900282
-1.088422269
-0.393360837
2.639094042

279.15
281.8
278.15
293.3
291.25
282.05
283.75
290.05
297.9
308.4
306.65
322.15
318.55
306.75
286.4
287.4
292.5
304.05
315.6
318.7
307.95
318.9
314.25
322.25
327.2
346.45
362.7
363.15
357.85
356.8
354.8
348.85
349.2
361.3
350.7
354.8
363.5
370.15
365.8
363.4
372.15
363.4
369.5
377.65
373.9
384.2
386.7

186.5
190.9
187.2
196.1
190.45
182.85
185.85
195.6
201.05
204.45
202.85
215.1
197.35
189.35
180.25
178.65
185.8
206.6
217.6
230.55
230.85
240.1
236.6
242.75
244.1
254.3
265.45
264.6
262.9
259.8
258.3
255.85
256.95
254
247.5
251.6
256.55
266.15
269.2
267
275.55
268.95
270.4
270.95
270.95
274.25
273.05

131.05
135.6
136.4
143.4
141.35
133.35
127.7
135.9
139.5
146.4
148.65
159.7
157.35
153.75
142.55
135.7
154.25
162.7
170.2
179.6
173.4
184.3
186.65
195.65
194.8
206.25
211
212
200.05
197.95
196.3
189.8
189.7
200.05
191.4
196.35
195.6
204.6
210.9
210.3
209.45
209.35
205.2
206.1
195.7
195.3
194.4

61.95
62.65
62
63.35
63.1
63.15
60.95
65.05
66.1
63.15
64.1
65.65
64.7
63.4
61.2
59.9
62.95
67.1
66.75
69.7
67.9
71.25
74.35
79.45
81.45
86.4
89.8
91.35
90.2
90.1
90.15
88.55
86.25
89.25
86.8
85.95
88.5
89.7
89.75
88.6
90.85
88.05
91.75
94.7
94.3
94.3
94.9

12-Oct-10
11-Oct-10
8-Oct-10
7-Oct-10
6-Oct-10
5-Oct-10
4-Oct-10
1-Oct-10
30-Sep-10
29-Sep-10
28-Sep-10
27-Sep-10
24-Sep-10
23-Sep-10
22-Sep-10
21-Sep-10
20-Sep-10
17-Sep-10
16-Sep-10
15-Sep-10
14-Sep-10
13-Sep-10
9-Sep-10
8-Sep-10
7-Sep-10
6-Sep-10
3-Sep-10
2-Sep-10
1-Sep-10
31-Aug-10
30-Aug-10
27-Aug-10
26-Aug-10
25-Aug-10
24-Aug-10
23-Aug-10
20-Aug-10
19-Aug-10
18-Aug-10
17-Aug-10
16-Aug-10
13-Aug-10
12-Aug-10
11-Aug-10
10-Aug-10
9-Aug-10
6-Aug-10

6090.9
6135.85
6103.45
6120.3
6186.45
6145.8
6159.45
6143.4
6029.95
5991.3
6029.5
6035.65
6018.3
5959.55
5991
6009.05
5980.45
5884.95
5828.7
5860.95
5795.55
5760
5640.05
5607.85
5604
5576.95
5479.4
5486.15
5471.85
5402.4
5415.45
5408.7
5477.9
5462.35
5505.1
5543.5
5530.65
5540.2
5479.15
5414.15
5418.3
5452.1
5416.45
5420.6
5460.7
5486.15
5439.25

507.75
517.25
515.1
516.9
531.55
516.7
514.75
511.9
491.75
490.8
493.65
491.65
485.15
470.7
481.6
489.6
496.75
487.7
484
478.4
475.95
478
466.5
463.7
460.5
465.8
455.7
449.65
448.85
435.15
442.1
441.3
454.25
456.75
472.8
485.55
485.45
476.5
479.95
478.75
478.4
483.25
473.1
468.7
477.5
475.95
453.35

-1.836636056
0.417394681
-0.348229832
-2.756090678
2.874008129
0.378824672
0.556749365
4.097610574
0.193561532
-0.577332118
0.406793451
1.339791817
3.0698959
-2.263289037
-1.633986928
-1.439355813
1.855648965
0.76446281
1.170568562
0.514759954
-0.428870293
2.465166131
0.603838689
0.694896851
-1.137827394
2.216370419
1.345490937
0.178233263
3.148339653
-1.572042524
0.181282574
-2.850853054
-0.547345375
-3.394670051
-2.625888168
0.020599444
1.878279119
-0.718824878
0.250652742
0.073160535
-1.003621314
2.1454238
0.938766802
-1.842931937
0.325664461
4.985110842
-0.362637363

374.8
382.6
382.65
381.35
392.8
390.35
390.9
388.1
378.2
372.95
378
369.5
365.25
347.75
353.7
358.7
365.65
352.5
349.7
341.15
341.15
332.9
322
318.25
316
318.6
313.25
311.85
310.05
301.95
307.3
306.85
318.1
311.55
322.1
330.2
333.8
321.5
320.15
318.25
320.35
322.5
315.55
315.65
320.4
320.65
307.7

268.1
272.5
273.9
279
284.55
277.45
273.35
270.7
259.05
265.45
270.95
270.95
266.05
263.5
273.25
278.7
280.7
277.05
273.35
270.8
270.6
283.45
278.55
279.1
274.85
276.6
266.5
259.95
259
252.25
259.9
260.7
271
275.9
286.05
296.9
293.8
290.15
292.8
287.55
279.65
285.1
284.6
274.25
277.05
278.25
265.15

186.4
188.2
189.6
190.4
199
184.05
180.25
176.75
171.05
172.65
175.35
177.95
174.3
172.25
179.5
184.95
182.65
179.45
178.95
178.9
176.95
183
179.25
177.5
176.6
179.5
176.65
176.2
174.25
167.35
171.75
171.7
173.95
179.2
186.85
190.8
191.65
192.25
196.35
198.3
196.55
194.25
187.05
181.15
185.9
175.7
169.75

92.5
94.85
93.6
93.95
97.55
93.4
93.7
94.3
88.3
87.8
86.6
87
85.55
82.7
84.95
86.05
88.1
87.95
87.2
86.1
85
84.9
82.05
82
81.7
83.55
81.2
78.7
80.2
77.55
78.15
77.05
79.4
80.35
83.55
86.1
85.1
83.75
84.95
85.2
86.25
88.1
86.15
86.15
89.1
90.5
85

5-Aug-10
4-Aug-10
3-Aug-10
2-Aug-10
30-Jul-10
29-Jul-10
28-Jul-10
27-Jul-10
26-Jul-10
23-Jul-10
22-Jul-10
21-Jul-10
20-Jul-10
19-Jul-10
16-Jul-10
15-Jul-10
14-Jul-10
13-Jul-10
12-Jul-10
9-Jul-10
8-Jul-10
7-Jul-10
6-Jul-10
5-Jul-10
2-Jul-10
1-Jul-10
30-Jun-10
29-Jun-10
28-Jun-10
25-Jun-10
24-Jun-10
23-Jun-10
22-Jun-10
21-Jun-10
18-Jun-10
17-Jun-10
16-Jun-10
15-Jun-10
14-Jun-10
11-Jun-10
10-Jun-10
9-Jun-10
8-Jun-10
7-Jun-10
4-Jun-10
3-Jun-10
2-Jun-10

5447.1
5467.85
5439.55
5431.65
5367.6
5408.9
5397.55
5430.6
5418.6
5449.1
5441.95
5399.35
5368
5386.45
5393.9
5378.75
5386.15
5400.65
5383
5352.45
5296.85
5241.1
5289.05
5235.9
5237.1
5251.4
5312.5
5256.15
5333.5
5269.05
5320.6
5323.15
5316.55
5353.3
5262.6
5274.85
5233.35
5222.35
5197.7
5119.35
5078.6
5000.3
4987.1
5034
5135.5
5110.5
5019.85

455
449.6
447.3
446.7
441.6
447.65
446.75
453.65
448.65
458.4
465.7
462.5
457.35
450.5
455.11
452.43
456.67
457
438.91
427.48
417.52
410
413.16
407.85
408.75
410.82
417.35
412.18
420.21
411.28
415.77
419
413.03
413.23
401
402.38
400.03
398.82
387.74
385.19
386.27
378.95
374.7
384.96
401.44
400.66
394.49

1.201067616
0.514196289
0.134318334
1.154891304
-1.35150229
0.201454952
-1.520996363
1.114454475
-2.126963351
-1.567532746
0.691891892
1.126052258
1.520532741
-1.012941926
0.592356829
-0.928460376
-0.072210066
4.121573899
2.673809301
2.385514466
1.834146341
-0.764836867
1.301949246
-0.220183486
-0.503870308
-1.564634
1.254306371
-1.910949287
2.171270181
-1.079923996
-0.770883055
1.445415587
-0.048399197
3.049875312
-0.342959392
0.587455941
0.303395015
2.85758498
0.662010956
-0.279597173
1.931653252
1.134240726
-2.66521197
-4.105221204
0.19467878
1.564044716
1.408704146

310.8
309.9
305.5
303.7
301.4
309.1
311.95
320.05
313.1
322.5
327
323.95
321.45
315.55
319.55
318.75
319.15
316.05
302.8
295.8
282.7
279
282.35
280.8
282.35
283.85
288.65
285.25
291.75
286.15
289.2
291.8
288.25
290.15
282.65
283
277.55
272.5
264.4
262.4
262.75
258.2
257.3
263.9
281.75
278.35
273.2

267.9
270.25
268
268.95
266.25
262.95
258.05
262.6
256
269
279.45
277.35
267.55
263.8
264.35
262.4
265.45
266.9
257.25
249.9
246.45
244.25
242
240.2
240.7
243.65
249.9
246.5
252.75
244.45
253.95
249.9
249.15
252.5
242.4
246.3
245.15
246.85
235.4
236.05
219.9
218.55
216
223.45
232.15
230.9
227.45

171.35
168.8
166.8
167.2
163.75
165.95
166.1
162.15
159.6
164
166.1
167.25
166.9
166
168
166.35
168.25
172.15
168.2
165.3
158.9
155.75
156.6
155.15
154.8
156.35
157.65
155.7
157.45
153.25
152.1
154.55
152.65
151.45
147.2
149.9
149.35
150.3
148.1
146.95
149.5
144.6
144.1
150.05
156.85
159.45
154.1

84.5
82.15
82.45
82.6
81.15
83
82.3
84.6
84.35
84.2
85.85
84.35
83.6
81.6
82.45
81.75
83.35
83.25
78.5
75.55
74.65
72.65
73.9
72.4
72.6
72.7
74.35
73.05
74.8
73.45
74.35
76
74.25
73.45
70.6
70.2
70.35
70.6
68.7
68.25
70.7
69.05
67.45
69.4
71.25
71.65
70.95

1-Jun-10
31-May-10
28-May-10
27-May-10
26-May-10
25-May-10
24-May-10
21-May-10
20-May-10
19-May-10
18-May-10
17-May-10
14-May-10
13-May-10
12-May-10
11-May-10
10-May-10
7-May-10
6-May-10
5-May-10
4-May-10
3-May-10
30-Apr-10
29-Apr-10
28-Apr-10
27-Apr-10
26-Apr-10
23-Apr-10
22-Apr-10
21-Apr-10
20-Apr-10
19-Apr-10
16-Apr-10
15-Apr-10
13-Apr-10
12-Apr-10
9-Apr-10
8-Apr-10
7-Apr-10
6-Apr-10
5-Apr-10
1-Apr-10
31-Mar-10
30-Mar-10
29-Mar-10
26-Mar-10
25-Mar-10

4970.2
5086.3
5066.55
5003.1
4917.4
4806.75
4943.95
4931.15
4947.6
4919.65
5066.2
5059.9
5093.5
5178.9
5156.65
5136.15
5193.6
5018.05
5090.85
5124.9
5148.5
5222.75
5278
5254.15
5215.45
5308.35
5322.45
5304.1
5269.35
5244.9
5230.1
5203.65
5262.6
5273.6
5322.95
5339.7
5361.75
5304.45
5374.65
5366
5368.4
5290.5
5249.1
5262.45
5302.85
5282
5260.4

389.01
401.53
405.89
390.09
382.52
370.07
380.14
387.72
393.89
402.99
420.86
423.47
427.95
439.4
427.95
424.29
435.68
407.97
427.59
430.18
435.95
449.19
454.69
446.1
437.43
454.46
461.1
469.67
466.72
473.67
465.4
451.52
463.08
465.32
457.81
459.73
456.1
455.79
452.53
450.57
444.08
432.38
427.74
427.52
421.47
417.91
418.72

-3.118073369
-1.07418266
4.050347356
1.978981491
3.364228389
-2.649024044
-1.955019086
-1.566427175
-2.258120549
-4.246067576
-0.616336458
-1.046851268
-2.605826127
2.675546209
0.862617549
-2.614304076
6.792166091
-4.588507683
-0.602073551
-1.323546278
-2.947527772
-1.209615342
1.925577225
1.982031411
-3.747304493
-1.4400347
-1.824685417
0.632070621
-1.46726624
1.776966051
3.07406095
-2.496328928
-0.481389152
1.640418514
-0.417636439
0.795878097
0.068013778
0.720394228
0.43500455
1.461448388
2.705953097
1.084771123
0.051459581
1.435452108
0.851858056
-0.193446695
0.78952436

270.9
276.7
280.05
270.5
263.55
256.1
263.4
269
270.9
279.2
289.3
287.05
298.55
305.95
296.75
295.1
304.5
284.65
298.15
301.4
301.1
307
310.7
309.4
306.95
316.05
322.95
332.3
325.35
330.4
325.9
316.65
330.25
338
334.7
333.65
333
333.8
331.6
328.75
322.25
311.6
308.9
308.9
298.95
294.65
298.65

219.15
226
228.95
210.4
210.5
204.8
209
214.35
219.6
230.9
241.45
246.9
254.2
255.85
250.2
247
256.55
238.45
250.7
250.3
251.7
262.25
270.1
265.8
265.3
275.7
271.9
279.7
286.95
295.65
292.15
288.2
297.35
301.95
302
305.45
301.3
300.25
302.05
301.85
299.75
290.2
286.35
289.55
286.2
284.3
287.1

153.2
157.6
156.8
150.65
151.4
146.05
149.95
153.7
155.8
157.85
165.4
168.3
162.45
168.15
160.45
158.55
164.8
154.05
162.75
163.8
165.6
174.3
169.75
159.6
155.15
165.9
171
174.3
175.6
174.6
168.75
164.1
164.6
160.1
160.5
163.35
163.7
161.8
159.3
159.8
156.2
151.65
152.55
154.25
152.4
153.05
145.05

69
72.6
73.5
71.45
68.75
66.05
67.55
69
70.2
71.35
76.25
76.85
76.45
79.6
77.6
76.95
79.35
73.3
77.3
77.7
80.1
82.95
85
82.85
79.5
82.8
84.15
85.25
84
85.5
83.55
79.95
81.05
80.25
77.5
78.1
75.9
76.65
76.55
76.6
76.45
74.95
73.6
72.75
72.4
71.25
71.95

23-Mar-10
22-Mar-10
19-Mar-10
18-Mar-10
17-Mar-10
16-Mar-10
15-Mar-10
12-Mar-10
11-Mar-10
10-Mar-10
9-Mar-10
8-Mar-10
5-Mar-10
4-Mar-10
3-Mar-10
2-Mar-10
26-Feb-10
25-Feb-10
24-Feb-10
23-Feb-10
22-Feb-10
19-Feb-10
18-Feb-10
17-Feb-10
16-Feb-10
15-Feb-10
11-Feb-10
10-Feb-10
9-Feb-10
8-Feb-10
6-Feb-10
5-Feb-10
4-Feb-10
3-Feb-10
2-Feb-10
1-Feb-10
29-Jan-10
28-Jan-10
27-Jan-10
25-Jan-10
22-Jan-10
21-Jan-10
20-Jan-10
19-Jan-10
18-Jan-10
15-Jan-10
14-Jan-10

5225.3
5205.2
5262.8
5245.9
5231.9
5198.1
5128.9
5137
5133.4
5116.25
5101.5
5124
5088.7
5080.25
5088.1
5017
4922.3
4859.75
4858.6
4870.05
4856.4
4844.9
4887.75
4914
4855.75
4801.95
4826.85
4757.2
4792.65
4760.4
4757.25
4718.65
4845.35
4931.85
4830.1
4899.7
4882.05
4867.25
4853.1
5007.9
5036
5094.15
5221.7
5225.65
5274.85
5252.2
5259.9

415.44
418.96
437.34
440.84
440.68
444.11
440.51
444.1
447.33
448.47
446.09
451.85
455.18
448.52
437.3
427.93
426.99
420.27
420.54
415.74
411.33
419.48
434.54
444.46
449
444.1
445.69
436.85
432.09
438.5
436.29
426.13
446.57
464.72
451.23
462.32
460.07
447.06
439.75
478.54
493.8
502.48
516.74
527.84
537.33
537.85
534.36

-0.840175673
-4.202679837
-0.793938844
0.036307525
-0.772331179
0.817234569
-0.808376492
-0.722062012
-0.254197605
0.533524625
-1.274759323
-0.731578716
1.484883617
2.56574434
2.18961045
0.220145671
1.598972089
-0.064203167
1.154567759
1.072131865
-1.942881663
-3.46573388
-2.231921883
-1.011135857
1.1033551
-0.356750208
2.023577887
1.101622347
-1.461801596
0.506543813
2.384248938
-4.577109972
-3.905577552
2.989606188
-2.398771414
0.489056013
2.910123921
1.66230813
-8.105905462
-3.090319968
-1.727431938
-2.759608314
-2.102909973
-1.766139988
-0.096681231
0.653117748
-0.404450823

294.5
301.45
312.95
316.85
313.8
312.4
309.5
310.75
312.05
314.9
311.65
317.3
316.75
304.4
298.55
292.25
298.45
289.5
288.85
290.25
284.7
291.1
303.7
305.8
309.75
303.35
307
301.65
305.95
311.5
314.55
308.7
321.35
336.1
326.35
332.35
333.65
324.3
317.45
344.15
352.75
363.55
373.7
379.7
387.3
386.3
383.3

284.15
281.35
299.6
302.5
302.7
303.95
300.65
304.25
308.1
309.05
308.35
316.65
321.9
316.15
308.75
306.3
302.3
293.35
297.45
295
294.35
302.35
315.4
314.45
314.45
308.85
312.5
306.9
304.1
308
309.65
301.7
325.95
341.2
326.2
330.35
330.6
315.75
308.4
335.55
353.05
358.05
371.15
386.25
387.7
379.4
371.05

145.45
149.5
160.4
164.9
168.4
170.35
169.35
174
177.4
175.45
170.35
173.8
175
172.8
165.75
159.5
160.2
164.85
161.3
154.6
153.6
155.05
165.35
174.95
181.25
179.65
177.85
176.5
167.35
172.75
166.5
162.8
172.25
177.2
172.75
175.6
175.15
170.4
170.2
191.45
199.1
201.15
208.3
212.85
215.25
217.85
220.15

71.9
71.45
73.85
73.65
73.5
75
74.2
74.25
74.4
74.7
75.1
75.65
77.65
78.5
76.05
74.05
71.95
70.4
70.9
69.25
68.5
70.2
71.05
74.6
75.1
75.3
74.8
72.1
71.05
71.45
70.85
68.95
71.2
74.6
72.55
76
74.3
72.45
70.75
77.15
79.35
80.85
82.9
85.4
87.75
88.65
88.25

13-Jan-10
12-Jan-10
11-Jan-10
8-Jan-10
7-Jan-10
6-Jan-10
5-Jan-10
4-Jan-10
31-Dec-09
30-Dec-09
29-Dec-09
24-Dec-09
23-Dec-09
22-Dec-09
21-Dec-09
18-Dec-09
17-Dec-09
16-Dec-09
15-Dec-09
14-Dec-09
11-Dec-09
10-Dec-09
9-Dec-09
8-Dec-09
7-Dec-09
4-Dec-09
3-Dec-09
2-Dec-09
1-Dec-09
30-Nov-09
27-Nov-09
26-Nov-09
25-Nov-09
24-Nov-09
23-Nov-09
20-Nov-09
19-Nov-09
18-Nov-09
17-Nov-09
16-Nov-09
13-Nov-09
12-Nov-09
11-Nov-09
10-Nov-09
9-Nov-09
6-Nov-09
5-Nov-09

5233.95
5210.4
5249.4
5244.75
5263.1
5281.8
5277.9
5232.2
5201.05
5169.45
5187.95
5178.4
5144.6
4985.85
4952.6
4987.7
5041.75
5042.05
5033.05
5105.7
5117.3
5134.65
5112
5147.95
5066.7
5108.9
5131.7
5123.25
5122
5032.7
4941.75
5005.55
5108.15
5090.55
5103.55
5052.45
4989
5054.7
5062.25
5058.05
4998.95
4952.65
5003.95
4881.7
4898.4
4796.15
4765.55

536.53
534.64
552.34
538.05
521.33
525.42
517.44
511.8
510.29
510.37
506.97
510.62
506.05
492.38
485.09
491.73
502.5
507.11
513.82
520.3
520.22
524.75
525.42
527.84
510.4
523.2
526.72
524.62
514
483.21
476.4
477.96
488.45
504.49
507.45
509.47
505.89
529.3
526.2
533.8
517.67
522.59
539.74
526.9
542.04
532.39
517.88

0.353508903
-3.204547923
2.655886999
3.207181632
-0.778424879
1.542207792
1.101992966
0.295910169
-0.015674903
0.670651123
-0.714817281
0.903072819
2.776310979
1.502813911
-1.350334533
-2.143283582
-0.909072982
-1.305904792
-1.245435326
0.015378109
-0.863268223
-0.127517034
-0.458472264
3.4169279
-2.44648318
-0.668286756
0.400289734
2.06614786
6.371970779
1.429471033
-0.326387145
-2.147609786
-3.179448552
-0.5833087
-0.39649047
0.707663721
-4.422822596
0.589129609
-1.423754215
3.115884637
-0.941464628
-3.177455812
2.436895046
-2.793151797
1.812581003
2.801807369
2.735622607

387.85
383.95
399.45
389.9
374.5
378.55
369.45
364.6
361.2
365.75
364.45
370.6
365.85
355.6
350.85
357.4
365.75
379.45
381.45
382.5
383.05
386.6
382.8
382.55
369.55
380.25
383.95
385.5
370.65
351.6
350.6
354.3
360.9
373.25
372.1
375.05
366.25
380.45
377
385.5
368.15
369.6
383.75
377.6
390.05
380
372.4

371.95
364.8
378.9
376.3
369.75
370.45
368.9
361.55
360.85
365.3
362.3
365.6
359.55
345.15
341.1
339.45
349.7
336.15
339.2
347.7
343.2
348.6
344.7
347.45
336.8
351.25
347.65
342.9
340.1
325.45
308.55
318
320.5
335.5
339.6
338.35
344.7
363.65
357.25
368.4
357.55
366
374.7
358.4
363.65
359.65
341.35

222.55
224.65
234.3
227.4
219.85
222.85
221.4
224.85
227.7
220.1
218
218.65
215.6
211.3
206.6
207.3
209.35
205
213.35
217.5
217.65
216.7
220.65
221.6
218.9
224.95
223.95
223.6
213.55
206.6
201.6
201.8
210.55
222.05
224.45
224.65
223.5
235.8
239.85
237.85
235.1
238.7
243.25
239.25
250.95
248.95
244.9

88.7
88.5
90.45
86.6
84.15
84.85
84.1
82.8
82.3
82.7
81.95
82
81.9
79.55
78.15
80.2
82.55
84.35
85.45
86.45
86.65
88.35
89.5
91.05
86.85
88.2
90.05
88.9
88.8
79.3
79.3
77.2
78.45
79.8
80.65
81.25
81.65
86.25
85.3
86.25
83.85
84.35
88.85
86.25
88.5
87.15
85.2

4-Nov-09
3-Nov-09
30-Oct-09
29-Oct-09
28-Oct-09
27-Oct-09
26-Oct-09
23-Oct-09
22-Oct-09
21-Oct-09
20-Oct-09
17-Oct-09
16-Oct-09
15-Oct-09
14-Oct-09
12-Oct-09
9-Oct-09
8-Oct-09
7-Oct-09
6-Oct-09
5-Oct-09
1-Oct-09
30-Sep-09
29-Sep-09
25-Sep-09
24-Sep-09
23-Sep-09
22-Sep-09
18-Sep-09
17-Sep-09
16-Sep-09
15-Sep-09
14-Sep-09
11-Sep-09
10-Sep-09
9-Sep-09
8-Sep-09
7-Sep-09
4-Sep-09
3-Sep-09
2-Sep-09
1-Sep-09
31-Aug-09
28-Aug-09
27-Aug-09
26-Aug-09
25-Aug-09

4710.8
4563.9
4711.7
4750.55
4826.15
4846.7
4970.9
4997.05
4988.6
5063.6
5114.45
5141.8
5142.15
5108.85
5118.2
5054.25
4945.2
5002.25
4985.75
5027.4
5003.2
5083.4
5083.95
5006.85
4958.95
4986.55
4969.95
5020.2
4976.05
4965.55
4958.4
4892.1
4808.6
4829.55
4819.4
4814.25
4805.25
4782.9
4680.4
4593.55
4608.35
4625.35
4662.1
4732.35
4688.2
4680.85
4659.35

504.09
457.31
509.18
507.9
543.71
537.85
574
601.31
602.49
632.66
630.79
624.12
624.98
604.49
602.84
594.36
585.8
590.03
577.16
573.54
577.72
599.64
598.63
590.66
595.12
591.35
587.46
602.64
594.95
588.55
594.48
582.17
559.82
564.54
573.17
586.55
596.56
601.93
568.73
557.56
556.45
568.26
587.31
568.57
548.44
550.47
544.21

10.22938488
-10.18696728
0.252018114
-6.586231631
1.089523101
-6.297909408
-4.541750511
-0.195853873
-4.768754149
0.296453653
1.068704736
-0.137604403
3.389634237
0.273704466
1.426744734
1.461249573
-0.716912699
2.229884261
0.631167835
-0.723533892
-3.655526649
0.168718574
1.349338029
-0.749428687
0.637524309
0.662172744
-2.518916766
1.292545592
1.087418231
-0.997510429
2.114502637
3.992354685
-0.836078932
-1.505661497
-2.281135453
-1.677953601
-0.892130314
5.837567914
2.003371834
0.199478839
-2.078274029
-3.243602186
3.295988181
3.670410619
-0.368775773
1.150291248
0.839386303

365
335.65
370.25
375.5
402.45
400.9
429.15
454.55
448.9
471.95
470
461.7
460.75
433.4
431.7
425.25
416.05
418.35
413.9
417.35
422.8
439.8
438
426.85
426.85
424.45
423.6
430.15
428.6
420.05
418.85
412.75
391.35
398.55
409.05
420.4
435.55
435.75
414.5
412.85
411
416.45
424.15
413.15
392.15
399.2
393.2

320.75
291.7
316.3
329.2
346.85
339.45
372.2
374.95
379.05
402.6
394.85
393.5
394.2
378.5
378.45
370.7
359.25
363.2
342.45
335.7
334.2
335.2
322.2
322
323.55
325.3
321.3
336.4
325.6
332.45
328.1
310.4
302.15
313.95
308.9
321
313.55
317.6
298.05
292.9
293.4
306.65
317.4
316.1
308.1
310.35
305.8

242.45
209.15
250.1
239.5
263.95
257
263.9
276.4
276.5
287.2
285.65
286.3
290.95
289.2
275.25
287
293.65
287.5
279.7
268.85
264
272.7
271.8
270.3
271.2
267.45
262.2
269.4
261.25
261.95
267.9
265.55
262.2
249.95
253
258
264.3
266.6
255.6
246.85
250.2
259.5
274.9
270.85
270.45
279.4
283.85

82.35
74.7
82.25
81
86.9
85.5
92.75
98.5
100.2
106.3
106.2
104.3
104.9
102.5
105.35
100.9
98.6
101.1
98.65
98.75
100.35
105.75
107.4
107.25
109.5
109.3
109.05
113
112.4
110.15
113.45
111.05
105.65
108.05
110
112.15
113.45
115.1
106.85
103.15
102.65
103.9
107.35
99.1
93.85
91.6
90.55

24-Aug-09
21-Aug-09
20-Aug-09
19-Aug-09
18-Aug-09
17-Aug-09
14-Aug-09
13-Aug-09
12-Aug-09
11-Aug-09
10-Aug-09
7-Aug-09
6-Aug-09
5-Aug-09
4-Aug-09
3-Aug-09
31-Jul-09
30-Jul-09
29-Jul-09
28-Jul-09
27-Jul-09
24-Jul-09
23-Jul-09
22-Jul-09
21-Jul-09
20-Jul-09
17-Jul-09
16-Jul-09
15-Jul-09
14-Jul-09
13-Jul-09
10-Jul-09
9-Jul-09
8-Jul-09
7-Jul-09
6-Jul-09
3-Jul-09
2-Jul-09
1-Jul-09
30-Jun-09
29-Jun-09
26-Jun-09
25-Jun-09
24-Jun-09
23-Jun-09
22-Jun-09
19-Jun-09

4642.8
4528.8
4453.45
4394.1
4458.9
4387.9
4580.05
4605
4457.5
4471.35
4437.65
4481.4
4585.5
4694.15
4680.5
4711.4
4636.45
4571.45
4513.5
4564.1
4572.3
4568.55
4523.75
4398.9
4469.1
4502.25
4374.95
4231.4
4233.5
4111.4
3974.05
4003.9
4080.95
4078.9
4202.15
4165.7
4424.25
4348.85
4340.9
4291.1
4390.95
4375.5
4241.85
4292.95
4247
4235.25
4313.6

539.68
513.13
495.26
488.25
497.7
485.74
527.02
535.53
500.69
489.46
478.99
486.84
504.13
524.51
535.05
541.49
519.79
526.2
518.23
542.7
517.88
503.21
481.92
458.43
459.28
464.6
442.88
428.4
428.66
397.87
364.15
377.27
385.21
385.35
422.63
423.36
457.11
451.85
444.55
425.09
461.49
447.19
433.53
430.77
422.13
425.61
436.76

5.174127414
3.608205791
1.435739887
-1.898734177
2.462222588
-7.832719821
-1.589079977
6.958397412
2.294365219
2.185849391
-1.612439405
-3.429670918
-3.885531258
-1.969909354
-1.189310975
4.174762885
-1.218167997
1.537927175
-4.508936797
4.79261605
2.915283878
4.417745684
5.124010209
-0.185072287
-1.145071029
4.904263006
3.380018674
-0.060654131
7.738708623
9.259920362
-3.477615501
-2.061213364
-0.036330609
-8.820954499
-0.172430083
-7.383343178
1.164103132
1.642109999
4.577854101
-7.887494854
3.197745925
3.150877679
0.640713142
2.046762846
-0.817649961
-2.552889459
3.704055466

394.5
382.3
374.7
372
376.4
364.4
395.5
400.15
372.9
362.1
362.75
367.1
379.8
391.7
398.35
405.6
396.2
401.55
397.05
425.9
411.4
393.75
369.95
345.8
343.55
350.75
332.65
316.75
322.55
299.45
269.6
278.5
278.85
283.7
308.35
310.25
337.1
336.75
326.25
310.8
338.35
325.7
317.35
320.25
315.9
323.05
330.75

296.95
278.65
271.8
271.5
278.95
268.4
295.4
301.8
277.35
262.3
251.1
254.15
263.3
273.45
278.25
284.25
276.95
277.45
268
287.95
275
263.25
251
239
230.3
234.05
227.25
218.3
221.3
207.65
190.55
191.7
201.85
201.35
215.2
226.9
239.65
234.8
236.5
233.7
265.05
251.55
226.1
229
226
221.2
228.1

274.8
256.15
234.15
229
230.5
218.5
236.6
245.05
230.9
225.9
222.95
228.85
226.8
246.3
256.3
260.85
246.3
249.1
245.55
242
238.3
233.15
229.35
222.2
224.1
228.6
225.95
220.9
215.6
190.85
175.8
182
186.5
185.65
206.15
203.05
216.85
213.1
210.2
195.35
213.75
213.65
204.3
207.6
194.4
194.7
198.7

90.65
85.75
84.45
82.5
85.25
85.8
92.95
94.55
88.25
87.55
84.7
85.95
91.1
92.95
94.3
94.55
90.1
91.85
90.6
95.7
88
87.2
84.45
80.35
81.5
82.25
76.25
74.7
74.1
70.6
65
67.5
69.85
68.45
76.55
75.9
83.8
82.7
82.7
79.65
85.3
82.25
82
77.95
77
77.65
80.25

18-Jun-09
17-Jun-09
16-Jun-09
15-Jun-09
12-Jun-09
11-Jun-09
10-Jun-09
9-Jun-09
8-Jun-09
5-Jun-09
4-Jun-09
3-Jun-09
2-Jun-09
1-Jun-09
29-May-09
28-May-09
27-May-09
26-May-09
25-May-09
22-May-09
21-May-09
20-May-09
19-May-09
18-May-09
15-May-09
14-May-09
13-May-09
12-May-09
11-May-09
8-May-09
7-May-09
6-May-09
5-May-09
4-May-09
29-Apr-09
28-Apr-09
27-Apr-09
24-Apr-09
23-Apr-09
22-Apr-09
21-Apr-09
20-Apr-09
17-Apr-09
16-Apr-09
15-Apr-09
13-Apr-09
9-Apr-09

4251.4
4356.15
4517.8
4484
4583.4
4637.7
4655.25
4550.95
4429.9
4586.9
4572.65
4530.7
4525.25
4529.9
4448.95
4337.1
4276.05
4116.7
4237.55
4238.5
4210.9
4270.3
4318.45
4323.15
3671.65
3593.45
3635.25
3681.1
3554.6
3620.7
3683.9
3625.05
3661.9
3654
3473.95
3362.35
3470
3480.75
3423.7
3330.3
3365.3
3377.1
3384.4
3369.5
3484.15
3382.6
3342.05

421.16
449.29
478.27
469.65
485.97
498.27
501.72
507.79
480.92
541.7
554.64
537.1
532.19
541.9
510.19
476.84
464.72
439.53
461.58
444.74
445.78
450.99
448.14
396.18
320.32
314.83
307.52
308.3
295.89
311.74
314.21
307.06
320.91
296.23
282.47
275.13
292.04
301.87
297.96
284.31
298.63
290.61
286.12
277.41
305.14
280.85
268.15

-6.260989561
-6.059338867
1.835409347
-3.35823199
-2.468541152
-0.687634537
-1.195376041
5.587207852
-11.2202326
-2.333044858
3.265686092
0.92260283
-1.791843514
6.215331543
6.993960238
2.608022035
5.73112188
-4.777070064
3.786481989
-0.233298937
-1.155236258
0.635961976
13.11525064
23.68256743
1.74379824
2.377081165
-0.253000324
4.194126196
-5.084365176
-0.786098469
2.32853514
-4.315851796
8.331364143
4.871313768
2.667829753
-5.790302698
-3.256368636
1.312256679
4.801097394
-4.795231557
2.759712329
1.569271634
3.139757038
-9.087631907
8.648744882
4.736155137
6.32013005

321.55
333.2
353.35
352.45
367.8
392.05
396.4
402.65
365.05
408
416.3
402.7
404.7
415.2
406.5
372.8
366
337
352.9
334
342.45
353.75
380.55
322.65
258.05
250.1
234.8
236.15
228.1
240.65
245.1
245
260.55
233.35
230.25
224.25
244.2
242.6
238.05
226.75
237.45
230.25
229.6
236.85
256.95
234.85
222.65

221.3
244.35
261.5
247.25
256.6
272.5
267.2
283.65
267.75
304.3
322.6
308.6
305.65
307.4
284.3
275.55
281.6
264.1
293.65
306.55
300
296.85
285.9
228.05
182.55
183.2
180.55
179.95
166.8
173.5
170.55
162.3
172.6
157.55
146.65
139.15
153.4
153.8
144.85
130.2
136.2
129
128.7
124.45
146.15
138.1
118.95

186.8
199.75
215.75
211.55
225.4
220.8
214.75
213.75
208.9
231.95
243.2
234.3
234.4
247.65
247.9
225.7
203.8
198.4
205.95
209.5
205.6
206.15
200.35
189.55
148
148.5
145.7
143.95
140.35
143.15
143
139.3
139.8
133.25
128.95
123.7
130.75
147.7
145.3
131.1
139.4
131.9
128.75
135.75
148.95
141.4
138.1

76.1
84
88.9
86.95
86.45
86.45
88.75
88.55
83.95
97.8
97.55
94.7
92
92.25
79.6
76.25
77.1
72.8
77.15
71.15
71.8
73.4
70.95
64.5
50.95
49.3
49.55
51
48.05
52.8
53.9
51.75
54.35
49.25
44.05
43.05
43.7
45.6
46.15
47.7
52.15
53.95
52.7
43.2
48
41.75
42.1

8-Apr-09
6-Apr-09
2-Apr-09
1-Apr-09
31-Mar-09
30-Mar-09
27-Mar-09
26-Mar-09
25-Mar-09
24-Mar-09
23-Mar-09
20-Mar-09
19-Mar-09
18-Mar-09
17-Mar-09
16-Mar-09
13-Mar-09
12-Mar-09
9-Mar-09
6-Mar-09
5-Mar-09
4-Mar-09
3-Mar-09
2-Mar-09
27-Feb-09
26-Feb-09
25-Feb-09
24-Feb-09
20-Feb-09
19-Feb-09
18-Feb-09
17-Feb-09
16-Feb-09
13-Feb-09
12-Feb-09
11-Feb-09
10-Feb-09
9-Feb-09
6-Feb-09
5-Feb-09
4-Feb-09
3-Feb-09
2-Feb-09
30-Jan-09
29-Jan-09
28-Jan-09
27-Jan-09

3342.95
3256.6
3211.05
3060.35
3020.95
2978.15
3108.65
3082.25
2984.35
2938.7
2939.9
2807.05
2807.15
2794.7
2757.45
2777.25
2719.25
2617.45
2573.15
2620.15
2576.7
2645.2
2622.4
2674.6
2763.65
2785.65
2762.5
2733.9
2736.45
2789.35
2776.15
2770.5
2848.5
2948.35
2893.05
2925.7
2934.5
2919.9
2843.1
2780.05
2803.05
2783.9
2766.65
2874.8
2823.95
2849.5
2771.35

252.21
240.04
232.42
212.23
199.97
193.5
209.32
206.48
204.03
191.33
189.07
187.6
189.28
186.46
176.54
180.61
173.63
161.67
161.78
168.42
170.18
172.12
171.58
173.86
178.41
182.36
180.41
182.3
182.54
185.93
187.97
182.2
192.1
202.09
197.84
195.5
195.11
182.62
178.92
175.32
177.29
175.75
191.41
215.2
205.02
210.72
197.69

5.069988335
3.278547457
9.513263912
6.130919638
3.343669251
-7.55780623
1.375435878
1.200803803
6.637746302
1.195324483
0.78358209
-0.887573964
1.512388716
5.619123145
-2.253474337
4.020042619
7.397785613
-0.067993572
-3.942524641
-1.034199083
-1.127120614
0.314721996
-1.311399977
-2.550305476
-2.166045185
1.080871349
-1.036752606
-0.131478032
-1.823266821
-1.085279566
3.166849616
-5.153565851
-4.943342075
2.148200566
1.196930946
0.199887243
6.839338517
2.067963336
2.05338809
-1.111173783
0.876244666
-8.181390732
-11.05483271
4.965369232
-2.70501139
6.591127523
1.582652484

211.7
209.35
202.55
177.1
167.3
165.5
182.8
176.35
176.65
166.3
166.65
171.5
174
172.3
159
161.95
152.65
136.65
138.75
145.8
146.85
147.65
148.35
149
152
156.2
154.8
158.15
154.85
156
158.75
148.25
156.65
160.55
156.6
151.15
152.6
139.95
137.95
140
139.45
132.85
153
177.65
164.05
177.45
166.5

116.25
110.7
101.55
89.95
81.85
78.4
86.8
84.4
83.45
76.85
76.35
73.5
75.4
74.95
70.35
72.1
68.15
63.95
63.45
68.2
68.8
70.45
70.9
71.8
73.35
75.55
75.15
76.05
77.5
79.2
79.2
77.6
82.3
87.75
85.95
85.85
84.75
80.95
78.3
76.15
77.8
79.55
85.1
96.55
93.5
96.2
90.6

128.2
114.7
110.25
101.05
99.4
92.4
99.7
100.85
104.5
101.95
100.1
96.5
95.45
91.85
88.35
92.7
90.45
85.85
84.05
87.35
91.75
90.2
87.45
89.6
91.75
93.75
92.9
91.75
93
97.15
96.55
94.25
98.85
109.15
107.65
106.15
105.35
98.95
95.9
92.3
92.3
93.1
102.4
116.4
110.5
106.65
97.65

39.35
36.75
37.5
37.35
34.9
33.55
35.9
36.5
33.95
29.05
28
26.9
27.15
26.75
25.95
26.35
26.5
25.05
24.8
26.15
25.55
26.85
26.55
26.95
28.25
28.9
28.1
28.3
28.05
28.6
29.1
28.3
30.2
31.8
31.15
32.15
31.85
29.05
28.55
27.75
28.65
28.9
29.3
32.15
31.3
30.85
27.15

23-Jan-09
22-Jan-09
21-Jan-09
20-Jan-09
19-Jan-09
16-Jan-09
15-Jan-09
14-Jan-09
13-Jan-09
12-Jan-09
9-Jan-09
7-Jan-09
6-Jan-09
5-Jan-09
2-Jan-09
1-Jan-09
31-Dec-08
30-Dec-08
29-Dec-08
26-Dec-08
24-Dec-08
23-Dec-08
22-Dec-08
19-Dec-08
18-Dec-08
17-Dec-08
16-Dec-08
15-Dec-08
12-Dec-08
11-Dec-08
10-Dec-08
8-Dec-08
5-Dec-08
4-Dec-08
3-Dec-08
2-Dec-08
1-Dec-08
28-Nov-08
26-Nov-08
25-Nov-08
24-Nov-08
21-Nov-08
20-Nov-08
19-Nov-08
18-Nov-08
17-Nov-08
14-Nov-08

2678.55
2713.8
2706.15
2796.6
2846.2
2828.45
2736.7
2835.3
2744.95
2773.1
2873
2920.4
3112.8
3121.45
3046.75
3033.45
2959.15
2979.5
2922.2
2857.25
2916.85
2968.65
3039.3
3077.5
3060.75
2954.35
3041.75
2981.2
2921.35
2920.15
2928.25
2784
2714.4
2788
2656.45
2657.8
2682.9
2755.1
2752.25
2654
2708.25
2693.45
2553.15
2635
2683.15
2799.55
2810.35

194.61
200.68
212.59
220.63
229.23
224.15
230.64
243.22
232.37
230.83
243.04
255.65
310.94
324.8
325.66
319.18
298.37
299.33
289.76
288.52
301.3
317.16
334.19
334.75
301.89
280.71
302.35
294.67
277.79
266.58
260.76
231.22
219.4
227.74
201.4
194.48
190.38
200.19
203.21
198.57
205.36
213.37
216.8
238.08
238.86
248.51
262.36

-3.024715966
-5.602333129
-3.644110048
-3.751690442
2.266339505
-2.813909122
-5.172272017
4.669277445
0.667157648
-5.023864384
-4.932524936
-17.78156558
-4.267241379
-0.264079101
2.030202394
6.974561786
-0.320716266
3.302733297
0.429779565
-4.241619648
-5.000630597
-5.095903528
-0.167289022
10.88475935
7.545153361
-7.157268067
2.606305359
6.076532633
4.205116663
2.231937414
12.77571144
5.387420237
-3.662070782
13.07845084
3.558206499
2.153587562
-4.900344673
-1.486147335
2.336707458
-3.306388781
-3.754042274
-1.582103321
-8.938172043
-0.326551118
-3.883143535
-5.279005946
-1.734147346

161.3
164.15
181.35
188.7
195.15
195.55
202.2
212.4
205.45
204.75
216.35
233.85
278.5
295.95
300.55
291.75
282.15
285.3
276.35
275.45
294.9
301.8
316.55
307.9
277.4
253.5
276.2
280.85
277.15
255.35
262.9
221.55
203.45
213.45
191.95
181.95
178.7
198.4
198.5
188.2
190.95
198.25
205.25
225.45
224.3
232.5
241.45

89.9
96.35
99.1
104.2
110.6
102.05
99.65
106.25
100.95
100.9
104.8
108.25
140.4
142.35
143.15
140.6
130
134.75
128.7
126.95
130.05
145.5
156.15
167.4
153.6
146.8
144.4
127.1
108.95
106.55
101.7
89.25
88.05
92.3
77.95
74.8
73.85
76.6
76.85
76.8
82.3
84
87.6
98.7
107.95
112.1
117.45

94.6
97.9
101.95
108.6
114
112.4
116.75
122.25
109.35
104.45
114.65
117.35
148.2
153.2
151.6
154.8
131.4
131.8
125.95
128.95
132
141.1
151.5
159.35
143.5
131.2
146.8
136.4
126.1
128.6
116.4
104.8
103.65
109.7
93.75
93.15
90.4
94.05
92.95
86.6
96.2
99.8
92.35
102
98.25
101.5
109.65

26.95
28.35
29.3
30.5
31.95
29.45
31.7
34.95
34.1
34.15
36
36.35
45.95
47.6
46.4
44.4
40.65
39.6
37.95
36.1
37.15
42.25
45.75
44.25
38.05
34.9
38.4
37.9
34.35
34.65
34.95
33
30.75
30.2
26.25
25.75
24
23.15
26.1
28.55
29.05
32
35
38.85
39.35
42.75
45.75

12-Nov-08
11-Nov-08
10-Nov-08
7-Nov-08
6-Nov-08
5-Nov-08
4-Nov-08
3-Nov-08
31-Oct-08
29-Oct-08
28-Oct-08
27-Oct-08
24-Oct-08
23-Oct-08
22-Oct-08
21-Oct-08
20-Oct-08
17-Oct-08
16-Oct-08
15-Oct-08
14-Oct-08
13-Oct-08
10-Oct-08
8-Oct-08
7-Oct-08
6-Oct-08
3-Oct-08
1-Oct-08
30-Sep-08
29-Sep-08
26-Sep-08
25-Sep-08
24-Sep-08
23-Sep-08
22-Sep-08
19-Sep-08
18-Sep-08
17-Sep-08
16-Sep-08
15-Sep-08
12-Sep-08
11-Sep-08
10-Sep-08
9-Sep-08
8-Sep-08
5-Sep-08
4-Sep-08

2848.45
2938.65
3148.25
2973
2892.65
2994.95
3142.1
3043.85
2885.6
2697.05
2684.6
2524.2
2584
2943.15
3065.15
3234.9
3122.8
3074.35
3269.3
3338.4
3518.65
3490.7
3279.95
3513.65
3606.6
3602.35
3818.3
3950.75
3921.2
3850.05
3985.25
4110.55
4161.25
4126.9
4223.05
4245.25
4038.15
4008.25
4074.9
4072.9
4228.45
4290.3
4400.25
4468.7
4482.3
4352.3
4447.75

266.99
288.87
322.93
306.99
299.43
297.54
315.26
282.11
262.78
259.83
264.83
243.05
232.63
304.92
321.75
348.63
317.68
330.13
367.12
347.99
366.15
357.89
324.26
368.27
382.18
391.39
435.81
448.91
459.68
446.26
474.28
506.37
515.61
515.3
542.54
542.29
502.52
527.48
551.5
577.74
626.12
649.8
667.57
679.02
688.61
666.08
694.08

-7.574341399
-10.54717741
5.192351542
2.524797115
0.635208711
-5.62075747
11.75073553
7.355963163
1.135357734
-1.888003625
8.961119111
4.479215922
-23.7078578
-5.230769231
-7.710179847
9.742508184
-3.771241632
-10.07572456
5.497284405
-4.959715963
2.307971723
10.37130698
-11.95047112
-3.63964624
-2.353151588
-10.19251509
-2.918179591
-2.342934215
3.007215525
-5.907902505
-6.337263266
-1.792052132
0.060159131
-5.020827957
0.046100795
7.914112871
-4.731932964
-4.355394379
-4.541835428
-7.7269533
-3.644198215
-2.661893135
-1.686253719
-1.392660577
3.382476579
-4.034117105
-3.60669398

244.9
268.6
298.9
280.6
272.2
265.65
289.75
253.25
220
202.6
217.85
198.1
204.6
268.05
271.9
286.35
272.65
291.9
324.95
300.8
311.15
302.3
281.9
308.85
303.15
301.45
336.35
345.3
352.65
350.35
369.65
389.25
400.35
394.7
421.25
426.5
395.9
409.2
422.9
433.15
466.45
484.95
501.75
502.6
512.35
494.15
523.05

108.6
112.85
127
117.15
117.4
123.05
144.7
138.8
144.25
149.05
142.3
137.25
137.5
150.95
149.25
152.45
127.1
125.65
129.5
120.45
134.05
115
92.2
113.65
126.9
138.6
162.65
167.4
170.2
165.8
192.8
210.15
208.85
209.5
223.25
224.6
207.55
214.25
230.2
242.25
274.3
288.85
296.5
311.2
316.35
306.15
315.2

113.15
130.35
153.7
157.35
154.45
150.25
142.7
126.9
119.45
123.9
119.7
112.35
95.75
111.75
119.75
137.5
106.85
100.3
116.45
115
122.95
117.5
95.2
118.15
130.9
144.8
160.8
161.65
169.75
169.9
184.9
197.75
208.75
208.95
225.85
224.4
191.45
210
222.65
239.35
253.7
269.35
282.35
286.8
290.5
278.3
289.65

49.15
51.2
56.55
50.85
49.6
49.65
56.15
48.85
48.4
50.6
49.05
42.65
31
61.6
71.7
79.6
75
79.65
91.1
85
88.7
91.9
82.95
94.45
96.05
100.95
112.15
115.4
116.8
108.55
111.05
120.65
121.35
124.05
128.6
126.05
121.85
127.3
140.1
144.05
156.05
158.45
159.25
163.05
163.35
157.5
164.9

2-Sep-08
1-Sep-08
29-Aug-08
28-Aug-08
27-Aug-08
26-Aug-08
25-Aug-08
22-Aug-08
21-Aug-08
20-Aug-08
19-Aug-08
18-Aug-08
14-Aug-08
13-Aug-08
12-Aug-08
11-Aug-08
8-Aug-08
7-Aug-08
6-Aug-08
5-Aug-08
4-Aug-08
1-Aug-08

4504
4348.65
4360
4214
4292.1
4337.5
4335.35
4327.45
4283.85
4415.75
4368.25
4393.05
4430.7
4529.05
4552.25
4620.4
4529.5
4523.85
4517.55
4502.85
4395.35
4413.55

720.05
667.15
668.18
633.92
648.26
672.17
677.94
666.19
665.9
700.58
689.89
692.34
696.39
758.15
769.7
787.64
747.7
755.62
750.62
756.64
711.75
704.92

7.929251293
-0.154150079
5.404467441
-2.212075402
-3.557135844
-0.851107768
1.763761089
0.043550083
-4.950184133
1.549522388
-0.353872375
-0.581570672
-8.146145222
-1.500584643
-2.277690315
5.341714591
-1.048145893
0.666116011
-0.795622753
6.306989814
0.968904273
#DIV/0!

530.2
494.05
493.1
469.5
478.85
498.05
495.2
484.9
481.75
510.5
500.85
500.15
500
548.25
567.1
568.75
549.75
557
545.1
552.1
514.7
520.15

325.5
280.65
288.25
276.35
293.25
299.5
303.7
309.1
304.3
405.2
402.45
418.6
431.55
466.6
486.3
507.7
498.05
482.15
482
505.05
477.85
458.25

322.35
293.45
288.65
258.65
261.8
286.5
302.1
283.3
293.3
315.25
311.5
301.95
304.25
351.1
343.85
358.45
314.4
322.05
329.3
313.75
303.1
291.5

169.55
158.5
159
152.75
156.4
160.15
160.2
159.05
160.25
169.2
165.1
168.4
169.3
181.6
181.65
187.2
176.2
179.25
177
181.75
168.85
169.5

DLF
BETA WITH CNX Reality index
DEBT/EQUITY
unlevered beta
MARKET CAP
WEIGHTED AVERAGE asset beta(unlevered)
LEVERED BETA of DLF from average unlevered beta
unlevered cost of equity from average asset beta
Cost of equity
Levered beta(equity beta) of DLF
D/E of DLF
unlevered beta( asset beta) of DLF
RFR
unlevered cost of equity of DLF
WACC
Equity in lakhs
Debt as of 2012 March in lakhs
Equity weight
debt weight
cost of debt after Tax
cost of equity
WACC

HDIL
0.62
0.83
0.39
34157.99
0.38
0.60
0.119

IBR
0.70
0.24
0.60
3044.06

0.62
0.83
0.39
0.085 risk premium
0.120

40000.00
2100000.00
0.018691589
0.981308411
10%
12%
9.84%

0.48
0.27
0.40
2137.90

0.09

UNITECH
0.24
0.60
0.17
5088.71

Income

2008

2009

Sales and other income

605845.95

383904.46

Expenses
Cost of land, plots and constructed properties and development
214734.36 rights77834.17
Employee benefi ts expense
14447.28
10758.36
Finance costs
24955.00
99348.00
Depreciation and amortisation expense
2568.45
11407.62
Other expenses
17538.92
21831.70

Profit before tax and prior period items

Tax expense
Profit after tax but before prior period items
Earlier year items :
Net Profit for the year
Changes in Net operating Working Capital
capex

294053.72

202817.64

311792.23

181086.82

54352.18

26100.42

257440.05

154986.40

257459.04

154777.03

117148.56

45522.90

2008

2009

% growth in sales
COGS as % of sales
Employee expenses as % of sales
Financial cost as % of sales
Depriciation as % of Fixed Assets
Other expnenses as % of sales
Tax expense as % of sales

-36.63
20.27
2.80
25.88
6.28
5.69
6.80

% increase in Net block

Depriciation as a % of netblock

Net block
Depriciation for the year
Capex

0.231388551
0.062833733
2007

2008

32,857.09

147,437.20
2,568.45
117,148.56

2010

2011

2012

2013

322043.15

415875.81

458266.58

442894.90

428038.83

88925.27

84867.60

93287.88

98157.52

94865.01

13057.24

13874.42

12711.58

14357.42

13875.83

59786.00

101400.00

140852.00

110237.66

106539.94

12605.25

12976.90

13983.61

14955.29

16157.40

28423.02

19966.06

32134.52

29148.85

28171.11

227734.47

260354.83

307495.49

266856.74

259609.29

94308.68

155520.98

150771.09

176038.16

168429.54

17571.16

30905.06

45876.70

32881.70

31778.74

76737.52

124615.92

104894.39

143156.46

136650.80

76505.88

126957.93

104179.30

143156.46

136650.80

0.00

0.00

30782.67

33256.98

36580.63

2014

3954.63

14384.76

2010

2011

2012 Average growth rate

-16.11

29.14

10.19

-3.35

27.61

20.41

20.36

22.16

4.05

3.34

2.77

3.24

18.56

24.38

30.74

24.89

7.29

7.44

7.10

7.03

8.83

4.80

7.01

6.58

5.46

7.43

10.01

7.42

-0.047648041

0.008142538

0.129637177

0.080380056

0.072904074

0.074447369

0.071016411

0.070300397

2009

2010

2011

2012

2013

181,552.48

172,901.86

174,309.72

196,906.74

212734.1148

11,407.62

12,605.25

12,976.90

13,983.61

14955.29265

45,522.90

3,954.63

14,384.76

36,580.63

30,782.67

2015

2016

413681.08

434365.13

91682.94

96267.09

13410.39

14080.91

102966.26

108114.58

17456.13

18859.26

27226.16

28587.47

252741.89

265909.30

160939.19

168455.83

30712.79

32248.43

130226.40

136207.41

130226.40

136207.41

0.00

0.00

35930.18

38818.25

2014

2015

2016

2017

229833.6949

248307.7402

268266.7303

289830.025

16157.39992

17456.13263

18859.25755

20375.1657

33,256.98

35,930.18

38,818.25

41,938.46

Tying up Book Value with intrinsic value

0
1
2
Earnings After tax
Dividend
Book Value

25%
84

Residual earning (RE)

ROE

9.77 10.62 11.54

2.44
2.65
2.89
91.32 99.29 107.94
1.50
1.63
1.77

11.63%

Required rate of retrun / COC

9.84%

Growth

8.72%

Residual Earning is different from retained earnings

Val. based RE

217

Val. based on dividend

217

e
4

5 GROWTH

12.55 13.64
3.14
3.41
117.35 127.59
1.93
2.09

0.087
0.087
0.087
0.087

DLF

Market Cap

P/E (TTM)

(Rs. in Cr.)

(x)

DLF

33,282.11

25.28

JP Associates

13,790.03

16.01

Oberoi Realty

7,491.85

26.98

Jaypee Infratec.

5,958.51

4.72

Unitech

4,840.16

19.27

IRB Infra.Devl.

4,086.37

22.03

Sobha Developer.

3,273.73

15.15

Era Infra Engg.

2,434.30

15.23

Industry average
ROE

11.63%

P/BV (TTM)

EV/EBIDTA

ROE

ROCE

D/E

(x)

(x)

(%)

(%)

(x)

2.3

13.57

10.7

0.73

1.14

8.34

11.1

1.51

3.34

21.24

11.9

15.7

1.03

7.87

22

14.1

1.23

0.5

14.93

5.9

7.6

0.6

2.69

18.98

11.3

14.3

0.09

1.64

7.3

10.4

20.5

0.01

1.36

7.86

15.5

15.6

1.71

Name

Last Price

DLF
Indiabulls Real
HDIL
Unitech

Market Cap.

Sales

(Rs. cr.)

Turnover

200.95

34,132.51

3,491.32

46.55

2,140.20

142.06

72.6

3,041.97

917.42

19.25

5,036.38

1,340.41

DLF
Debt

HDIL

India Bulls

11,975.00

2,387.50

1,598.13

339.68

419.00

80.45

208.53

197.21

32.58

12,106.15

2,609.29

1,646.00

2,916.23

993.71

122.14

139.84

8.44

3.03

3,056.07

1,002.15

125.17

EV/EBITDA

3.961

2.604

13.150

Industry Average

6.349

Equity
cash investments
ENTERPRISE VALUE
EBIT
Dep+ Amortisation
EBITDA

Market value per share

EPS

195.95

69.15

6.14

7.19

43.25
2.32

Price- Earning ratio

31.91

9.62

18.64

Book nav per share

65.86

242.48

134.01

Price to book Ratio

2.98

0.29

0.32

1408.52

578.33

126.31

2.07

1.72

0.97

Interest Paid

Interest Coverage ratio

Net Profit

Total Assets

P/E

P/B

EV/Sales

EV/EBITDA

1,041.78

26,471.67

31.91

2.98

3.467499399

3.961

14.45

7,647.56

18.64

0.32

11.58665353

13.150

386.97

12,424.12

9.62

0.29

2.844160799

2.604

510.08

14,850.93

19.27

0.50

4.511925456

5.681

Industry Average

19.861

1.021

5.603

6.349

Unitech
5,569.07
523.26
44.50
6,047.83
1,057.92
6.68
1,064.60
5.681

18.50
0.96

19.27
36.96

0.50
299.94

3.53

Interest Coverage
ratio
2.07
0.97
1.72
3.53
2.071

DLF

UNIT

INDI HDIL INDU

net block
depriciation
Capex

2007
0
0
0
0
32,857.09 147,437.20 181,552.48 172,901.86 174,309.72
2,568.45 11,407.62 12,605.25 12,976.90
117,148.56 45,522.90
3,954.63 14,384.76

#DIV/0!

0
196,906.74
13,983.61
36,580.63

#DIV/0!

#DIV/0!

#DIV/0!

#DIV/0!

Mar '12

Mar '11

Mar '10

Mar '09

Mar '08

12 mths

12 mths

12 mths

12 mths

12 mths

Sources Of Funds
Total Share Capital

339.68

339.51

339.48

339.44

340.96

Equity Share Capital

339.68

339.51

339.48

339.44

340.96

Share Application Money

Preference Share Capital

14,156.88

13,470.98

12,490.53

12,035.39

10,928.19

Reserves
Revaluation Reserves

Networth

14,496.56

13,810.49

12,830.01

12,374.83

11,269.15

Secured Loans

11,844.67

14,700.70

11,590.19

7,979.97

4,945.91

130.45

358.85

1,047.67

1,635.00

3,440.49

Total Debt

11,975.12

15,059.55

12,637.86

9,614.97

8,386.40

Total Liabilities

26,471.68

28,870.04

25,467.87

21,989.80

19,655.55

Mar '12

Mar '11

Mar '10

Mar '09

Mar '08

Unsecured Loans

Application Of Funds
Total CL & Provisions
Net Current Assets
Miscellaneous Expenses
Total Assets

Contingent Liabilities
Book Value (Rs)

12,719.78

10,141.63

7,423.38

4,875.99

3,047.92

85.35

81.35

75.59

72.91

66.1

Mar '12
Gross Block

Mar '11

Mar '10

Mar '09

Mar '08

2,624.35

2,143.37

2,002.85

1,968.40

1,533.72

535.86

400.27

273.84

152.87

59.34

Net Block

2,088.49

1,743.10

1,729.01

1,815.53

1,474.38

Capital Work in Progress

2,077.77

2,199.25

1,718.51

1,657.73

1,781.79

Investments

7,046.65

7,037.24

6,558.88

2,956.32

1,839.83

Inventories

8,111.07

8,389.41

6,533.69

6,627.43

5,928.13

519.28

270.21

607.96

212.89

930.18

Less: Accum. Depreciation

Sundry Debtors
Cash and Bank Balance

366.57

133.92

37.82

51.26

968.03

Total Current Assets

8,996.92

8,793.54

7,179.47

6,891.58

7,826.34

Loans and Advances

15,858.17

15,415.91

11,631.40

11,117.09

10,492.80

42.35

133.61

709.94

26.79

24,855.09

24,251.80

18,944.48

18,718.61

18,345.93

Fixed Deposits
Total CA, Loans & Advances
Deffered Credit
Current Liabilities
Provisions

9,022.55

5,394.09

2,047.37

1,699.75

2,531.21

573.78

967.27

1,435.66

1,458.64

1,255.16

Total CL & Provisions

9,596.33

6,361.36

3,483.03

3,158.39

3,786.37

Net Current Assets

15,258.76

17,890.44

15,461.45

15,560.22

14,559.56

26,471.67

28,870.03

25,467.85

21,989.80

19,655.56

Miscellaneous Expenses
Total Assets

Tying up Book Value with intrinsic value

0
1
2
3
4
Earnings After tax
0.00
10.59 11.51 12.51
25%
2.44
2.65
2.88
3.13
Dividend
84
91.31 99.25 107.89 117.27
Book Value
0.00
1.60
1.74
1.89
Residual earning (RE)
ROE
12%
Required rate of retrun / COC
10%
Growth
8.70%
Residual Earning is different from retained earnings
Val. based RE
#DIV/0!
Val. based on dividend
212

alue
5
13.60
3.40
127.48
2.05

GROWTH

0.087
0.087
0.087
0.087