Friday, August 24, 2007

Chambal Fertilisers & Chemicals Takes A Lead

Among the days top 10 gainers in the A group Chambal Fertilisers & Chemicals gained 15.50% on 22 August 2007 as it closed at 49.55 compared to previous close of 42.90 on 21 August 2007. Gain in the stock prices of the company will benefit various mutual fund schemes, which have invested in the stocks of the company.

Tata Dividend Yield Fund (G) 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. Tata Dividend Yield Fund (G) has 2.63% share of its portfolio invested in the stocks of the company with 11,50,000 units as on July 2007.

UTI-Dividend Yield Fund (G) who follows Tata Dividend Yield Fund (G) with 2.57% share of its portfolio invested in the stocks of the company with 48,36,293 units as on July 2007 is likely to benefit less as it has reduced its exposure by 0.22%.

No comments: