Among the days top 10 gainers in the A group Guj Narmada gained 5.50% on 17 July 2007 as it closed at 137.15 compared to previous close of 130.00 on 16 July 2007. This gain in the stock prices of the company will benefit various mutual fund schemes, which have invested in the stocks of the company.
Magnum Comma Fund is likely to benefit the most 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. Magnum Comma Fund has 3.78% share of its portfolio invested in the stocks of the company with 14.68 lakh units in June 2007.
Tata Contra Fund (G) is also likely to benefit as scheme has invested 3.30% of its portfolio with 4.90 lakhunits in the stocks of the company in June 2007.
Lotus India Arbitrage Fund is likely to loose as scheme sold 0.65% of companies stock nearly 25 units of the company in June 2007. Followed by ING Dividend Yield Fund (G) (0.53%) and Sundaram BNP Paribus Rural India Fund (G) as on June 2007.
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