UPSIDE: Kent-based electronics company Densitron has seen its share price rise from 15p to £2.47 over the past year. Chairman Clifford Hardcastle said the rise was partly due to the company’s inclusion in the techMARK index of high-technology stocks. `Since October, investors have been piling into our shares because they see us as an IT company rather than a manufacturer,’ he said.
DOWNSIDE: Castings, the Midlands-based castings manufacturer, has seen its share price fall despite maintaining a profit margin of 18%. Chairman Brian Cook said there was little he could do to affect the value of its shares. `If people don’t want to invest in engineering, that’s up to them,’ he said. `It doesn’t affect us because we will fund our own investments.’