Aditya Birla Nuvo has posted a net profit of Rs 26.46 crores for the quarter ended 30 June 2007 where as the same was at Rs 56.28 crores for the quarter ended 30 June 2006.
Scrip however declined by 11.20% to Rs 1374.60 reported at BSE closing on 30 July 2007.
Birla Taxplan 98 is likely to loose as it has the highest percentage hold of the stocks of the company compared to its peer groups who have invested in the stocks of the company. Birla Taxplan 98 has 8.26% of its total portfolio size invested in the stocks of the company as on 30 June 2007. The scheme holds 4,515 units of the company in June 2007 compared to its peer groups who have invested in the stocks of the company.
It is followed by Franklin India Prima Fund (G) (6.32% of its portfolio size), Taurus Starshare (6.19%), Birla Equity Plan (D) (5.20%) as of June 2007.
Tata Equity P/E Funds (G) was holding 30913 units on 31 May 2007 has sold all its shares as on June 2007 and is thus less likely to benefit. Birla Sun Life Buy India Fund (G) was holding 50000 units on 31 May 2007 has sold 25001 units to 24999 units as on 30 June 2007 and is thus less likely to benefit.
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